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A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS TO ACCEPT THE LOW BID AND ENTER INTO A CONTRACT WITH BAILEY CONTRACTORS, INC. FOR THE JONESBORO BIKE PLAZA (Bid 24:23)
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WHEREAS, the City of Jonesboro desires to accept the low bid and enter into a contract for the Jonesboro Bike Plaza (Bid 24:23);
WHEREAS, the low bidder and the firm selected for the project is Bailey Contractors, Inc.;
WHEREAS, the City of Jonesboro has elected to take deductive alternates based on the attached value engineering sheet; and,
WHEREAS, the funding for the execution of the contract, in the amount of $317,359.03, shall come from the 2024 Capital Improvement budget for Parks and compensation shall be paid in accordance with the contract documents.
NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS;
Section 1: That the City of Jonesboro shall accept the low bid and enter a contract with Bailey Contractors, Inc. with deductive alternates based on value engineering sheet for the Jonesboro Bike Plaza.
Section 2. That funding for the execution of the contract shall come from the 2024 Capital Improvement budget for Parks 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 contract.
PASSED AND APPROVED THIS 3RD DAY OF SEPTEMBER 2024.