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05/08/2012 Resolutions 2012-117RESOLUTION 2012-117 WHEREAS, the City of Grand Island invited sealed bids for Asphalt Resurfacing Project Number 2012-AC-1, according to plans and specifications on file with the City Engineer/Public Works Director; and WHEREAS, on April 19, 2012 bids were received, opened, and reviewed; and WHEREAS, Gary Smith Construction Co., 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 $309,967.70; and WHEREAS, Gary Smith Construction Co. Inc.'s bid was below the engineer's estimate for the project: and WHEREAS, funds are available in the Fiscal Year 2011 /2012 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 Co., Inc. of Grand Island, Nebraska in the amount of $309,96�.70 for Asphalt Maintenance Project 2012-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 8, 2012. Attest: t�. RaNae Edwards, City Clerk Approved as to Form �i_z��`� _ May 8, 2012 p City torney