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05/27/2008 Resolutions 2008-143RESOLUTION 2008-143 WHEREAS, the City of Grand Island invited sealed bids for Asphalt Resurfacing Project No. 2008-AC-1, according to plans and specifications on file with the City Engineer/Public Works Director; and WHEREAS, on May 13, 2008 bids were received, opened, and reviewed; and WHEREAS, Gary Smith Construction Company, Inc. of Grand Island, Nebraska submitted a bid in accordance with the terms of the advertisement of bids and plans and specifications and all other statutory requirements contained therein, such bid being in the amount of $797,882.76; and WHEREAS, Gary Smith Construction Company, Inc.'s bid is higher than the estimate for such project, but deemed acceptable because the 2nd bidder was approximately 1% higher. WHEREAS, $718,376.68 is available in the Fiscal Year 2007/2008 budget for this project. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the bid of Gary Smith Construction Company, Inc. of Grand Island, Nebraska in the amount of $797,882.76 for Asphalt Maintenance Project 2008- AC-1 is hereby approved as the lowest responsible bid. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to execute a contract with such contractor for such project on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska, May 27„ 2008. Margaret ornady, Mayor Attest: RaNae Edwards, City Clerk Approved as to Form ^ ~n~ May 23, 2008 ^ Ciiy Attorney