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RES NO 09-01-1998 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 6 1 -1998 A RESOLUTION ACCEPTING BIDS FOR TWIN CIRCLE /SIMMONS FOODS STREET AND DRAINAGE IMPROVEMENTS, PHASE II. WHEREAS, Simmons Industries is locating an industrial plant in the Van Buren Industrial Park and in order to do so certain infrastructure improvements are necessary in that area of the Van Buren Industrial Park; and, WHEREAS, The City of Van Buren desires, and has agreed, to make said infrastructure improvements and to that end has requested and received various grant funds for that purpose; and, WHEREAS, The City has advertised for and received bids for the construction of said project; and, WHEREAS, The attached bids have been received and opened on the time and date advertised; and, WHEREAS, The City Council feels that the bid made by Forsgren, Inc. for the amount of $946,387.50 is the best bid. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS: SECTION 1: That the bid of $946,387.50, made by Forsgren, Inc. is the best bid and is hereby accepted. SECTION 2: The Mayor and City Clerk- Treasurer are hereby authorized to enter into an agreement with Forsgren, Inc. for up to the bid amount for the construction of said project.. PASSED AND APPROVED THIS 8TH DAY OF SEPTEMBER 1998. MAYOR J CITY CLERIC/TREASURER