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RES NO 03-06-2013 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. ..L (0 2013 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 PINKLEY SALES COMPANY FOR THE PURCHASE OF EQUIPMENT FOR TRAFFIC SIGNAL UPGRADES FOR THE CITY OF VAN BUREN. WHEREAS, the City of Van Buren has determined the need for traffic signal improvements at nine (9) total intersections to include the State Highway 64 corridor from 4 Street to Alma Boulevard and the intersection of Main Street and 8' Street; and WHEREAS, the City of Van Buren has advertised for bids for the purchase of the above traffic signal equipment; and WHEREAS, bids have been received and opened in accordance with Arkansas Law and Pinkley Sales Company was the only bidder for the above listed equipment, meeting the bid specifications; and WHEREAS, the City of Van Buren has determined that the bid for the traffic equipment of Pinkley Sales Company in the amount of $152,028.76 is the best bid. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS, THAT: SECTION I: The City of Van Buren, Arkansas accepts the bid of $152,028.76 plus applicable sales tax as submitted by Pinkley Sales Company for said traffic signal equipment, as set forth in "Exhibit A" attached hereto. SECTION 2: The Mayor and City Clerk are hereby authorized by the City Council for the City of Van Buren to pay all expenses relating to the purchase and to execute all documents necessary to effectuate the agreement. IN WITNESS WHEREOF, the Cit of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of for and against .regoing Resolution at its regular meeting held on the 18" day of March 2013. Ro•ert D. Fr Mayor ATTESTED: 'girt S TO F i M: 6 12)Ltt i sL, alt Barbie Curtis Cal'. ice rSettle City Clerk/Treasurer City Attorney \j\\ n /S\\ s y 8 2 .ƒ w. a a R: a s a a Ga 4 «.a g mmmm I :I i. 1-1 o ME 1 ti g 1 L� I E I j ./,.-4» 2. j -a a I i �-I„ I w v ƒ /@22ad 0 III I K Z a Q/ 2 3 9 li )6 9 gi a G% uo ia O w \G \\Q gaG 2 a