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RES NO 11-10-1996 CITY OF VAN BUREN, ARKANSAS 0 RESOLUTION NO. //—/e7-1996 A RESOLUTION ACCEPTING THE BID OF Forsgren, Inc. FOR OVERLAY ON A PORTION OF INDUSTRIAL PARK ROAD. WHEREAS, The Mayor has advertised for bids for overlay on a portion of Industrial Park Road; and WHEREAS, The following bids have been received: Foy Brown Construction, Inc. BID OF 60,568.50 Forsgren, Inc. BID OF 51,698.90 Township Builders, Inc. BID OF 85,482.00 McCormick Asphalt Paving, Inc. BID OF 65,841.88 BID OF and; WHEREAS, The Council feels that the bid of Forsgren, Inc. of 51,698.90 is the best bid: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, :ARKANSAS: THAT, The bid of 51,698.90 of Forsgren. Inc. is accepted. THAT, The Mayor is authorized and directed to pay for same out of Street Fund. PASSED AND APPROVED THIS 18TH DAY OF NOVEMBER ,19 96 O ATTESTED: o CITY CLERK— TREASURER