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11/12/2014 Resolutions 2014-340 R E S O L U T I O N #2014-340 WHEREAS, there has been signed by the City of Grand Island on the 24th day of May , 2011 , and the State on the 3rd day of June , 2011 an agreement providing for the construction of a Federal Aid Project at the following location: Capital Avenue from Webb Road to Broadwell Avenue , and WHEREAS, in the above agreement, the City has pledged sufficient funds to finance its share of the cost of the construction of this project identified as ORB-5436(5) , and WHEREAS, the above mentioned agreement provided that the City would pay costs as set forth in the agreement, and WHEREAS, the State and the City received bids for the construction of this project on October 23, 2014 , at which time 2 bids were received for the construction of the proposed work, and WHEREAS, the following contractor(s) for the items of work listed has/have been selected as the low bidder(s) to whom the contract(s) should be awarded: Paulsen, Inc., Cozad, NE Grading, Concrete Pavement, Culverts, Water Main, Sanitary Sewer, Seeding, Electrical, General Items: $7,086,573.25 • NOW THEREFORE, in consideration of the above facts, the City Council of the City of Grand Island , by this resolution, takes the following official action: 1. If for any reason the Federal Highway Administration rescinds, limits its obligations, or defers payment of the Federal share of the cost of this project, the City hereby agrees to provide the necessary funds to pay for all costs incurred until and in the event such Federal funds are allowed and paid. 2. The Council hereby concurs in the selection of the above mentioned contractor(s) for the items of work listed, to whom the contract(s) should be awarded. 3. The Council hereby authorizes the Mayor to sign the contract(s) with the above mentioned Contractor(s)for the above mentioned work on behalf of the City. DATED THIS I c DAY OF 1 , A.D. c.)0)Lit CITY OF LAND----,, _ ATTEST: c- , t, �_ (Mayor) Qonaia, a)loco .04,_. Council Memb r n-j•-0 n„ (City Clerk) 1 Moved the adoption of said resolution. Roll Call: `"Z yea, 0 nay. Resolution adopted, signed and billed as adopted. f"..eal 4s lr. A�' . Gal 4%i.