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03/28/2017 Resolutions 2017-91RESOLUTION 2017-91 WHEREAS, on January 24, 2017, via Resolution No. 2017-16, the Grand Island City Council awarded the bid of Concrete Pavement and Storm Sewer Repairs 2017 to OK Paving, Inc. of Hordville, Nebraska in the amount of $878,400.00; and WHEREAS, due to failure by OK Paving, Inc. to submit the required payment and performance bond to execute the contract it is recommended this bid award be rescinded. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the bid award to OK Paving, Inc. of Hordville, Nebraska in the amount of $878,400.00 through Resolution No. 2016-16 is hereby rescinded. Adopted by the City Council of the City of Grand Island, Nebraska, March 28, 2017. Jer y. Je en, o Attest: �o�� ��� RaNae Edwards, City Clerk i i, Approved as to Form tt March 27, 2017 tt A rney