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RES NO 08-04-2011 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. X -4 2011 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION ACCEPTING THE BID OF MOORE CONTRACTING FOR THE IMPROVEMENT OF STREETS WITHIN THE CITY OF VAN BUREN, ARKANSAS AND FOR OTHER PURPOSES. WHEREAS, The City of Van Buren desires to continue with a program of street repairs and improvements and as a part of that program intends to improve portions of Parkridge Drive, Dora Road, and Rudy Road; and WI- IEREAS, The City advertised and received bids for the overlay or asphalt surface treatment of said streets; and WHEREAS, The bids have been received and opened in accordance with Arkansas law and Moore Contracting was the lowest bidder meeting the bid specifications; and WHEREAS, The City of Van Buren has determined that the bid of Moore Contracting for the amount of $368,383.55 was the best bid. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS, THAT: Section 1: The City of Van Buren, Arkansas accepts the bid of $368,383.55 as submitted by Moore Contracting; and Section 2: The Mayor and City Clerk are hereby authorized by the City Council for the City of Van Buren to pay all expenses from capital improvements funds relating to this project and to execute all documents necessary to effectuate this resolution. IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of .5 for and 0 against, the foregoing Resolution at its Regular Meeting held on the 15` day of August, 2011. L Robert D. Freeman Mayor ATT STED: A'PRIVEDAS raifSRM: d k Barbie Curtis Candice A. Settle City Clerk/Treasurer City Attorney Bid Tabulation 2011 Street Improvement Project Bid Openning: 8/10/11 10:00 am Contractor Schedule I- Base Bid Forsgren Construction 439,319.35 McCormick Asphalt Paving 482,590.65 Moore Contracting 368,383.55 Salt creek Paving 381,989.97 Engineer's Estimate 350,000.00