Title
A RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS TO ACCEPT THE LOW BID AND ENTER INTO A CONTRACT WITH RAINWATER CONSTRUCTION CO., LLC FOR THE RANCHETTE ACRES - SEWER PROJECT
Body
WHEREAS, the City of Jonesboro has desires to accept the low bid and enter into a contract for the Ranchette Acres - Sewer Project;
WHEREAS, the low bidder and the firm selected for the Ranchette Acres - Sewer Project is Rainwater Construction Co., LLC;
WHEREAS, Rainwater Construction Co., LLC has bid $138,190.00 for the Ranchette Acres - Sewer Project;
WHEREAS, funding for the execution of the contract shall be 100% funded by HUD, Department of Housing, and compensation shall be paid in accordance with the contract documents.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1. That the City of Jonesboro shall accept the low bid and enter into a contract with Rainwater Construction Co., LLC in the amount of $138,190.00 for the Ranchette Acres - Sewer Project.
Section 2. That funding for the execution of the contract shall be 100% funded by HUD, Department of Housing, and compensation shall be paid in accordance with the contract documents.
Section 3. The Mayor and the City Clerk are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.
PASSED AND APPROVED this 7th day of February, 2012.