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A RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS TO ACCEPT THE LOW BID AND ENTER INTO A CONTRACT WITH ATLAS ASPHALT, INC. FOR THE ASPHALT COLD MILLING AND OVERLAYS SELECTED CITY STREETS - JOB NO. 2010:04
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WHEREAS, the City of Jonesboro has desires to accept the low bid and enter into a contract for the Asphalt Cold Milling and Overlays Selected City Streets - Job No. 2010:04;
WHEREAS, the low bidder and the firm selected for the Asphalt Cold Milling and Overlays Selected City Streets - Job No. 2010:04 is Atlas Asphalt, Inc.;
WHEREAS, Atlas Asphalt, Inc. has bid $466,699.75 for the Asphalt Cold Milling and Overlays Selected City Streets - Job. No. 2010:04;
WHEREAS, the funding for the execution of the contract shall come from budget amount in the 2010 budget 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 Atlas Asphalt, Inc. in the amount of bid $466,699.75 for the Asphalt Cold Milling and Overlay Selected City Streets - Job. No. 2010:04;
Section 2. The funding for the execution of the contract shall come from budget amount in the 2010 budget 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 16th day of March, 2010.