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RES NO 08-06-2007 CITY OF VAN BUREN. AR KANSAS RESOLUTION NO. S— l0 -2007 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION ACCEPTING THE 1311) OF BOSSLER CONTRACTING INC. FOR THE CONSTRUCTION OF THE NEW VAN BUREN PUI3LIC LIBRARY PROJECT; AUTHORIZING FUNDING; AND FOR OTHER PURPOSES. WHEREAS, the City of Van Buren has advertised and let bids for the construction of the new Van Buren Public Library at 15th and Main streets; and WHEREAS, bids have been received and opened in accordance with Arkansas law and Bossier Contracting Inc. was the lowest bidder meeting the bid specifications; and WHEREAS, the City of Van Buren, after consulting with MAHG Architecture, has determined that the low bid of Bossier Contracting Inc. is the best bid; and WHEREAS, One hundred percent of the funds for the project shall come from line item 05 -97- 5200-00 in the 2007 budget. NOW. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN 13UREN, ARKANSAS, THAT: Section 1. The City of Van Buren, Arkansas accepts the bid of $3,376,846.06 as submitted by Bossier Contracting Inc. for the construction of the new Van Buren Public Library, as set forth in "Exhibit 1" attached hereto. Section 2. An expenditure of$250,000.00 from capital improvement, line item 05- 91- 5203 -41 to the library fund account number 45 -1020 is authorized to cover the bid cost overage from the actual tax collection. Section 3. The Mayor, Robert Freeman and City Clerk, Barbie Curtis are hereby authorized by the City Council for the City of Van Buren to pay all expenses relating to the Bossier Contract for the construction of the new Van Buren Public Library and to execute all documents necessary to effectuate this Resolution. 0 IN TESTIMONY WHEREOF. the City of Van Buren, Arkansas, by its City Council, did pass approve, and adopt, by a vote of (Q for and 0 against, the foregoing Resolution at its Meeting held on the 20th day of August 2007. ts Robert D. Freem'" ATTESTED: APPROVED A. TO FORM: i tt Barbie Curtis, City Clerk/Treasurer N. I oja d J• il�ins,.G' y Attorney