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RES NO 03-05-2018 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO. 3 - 5 -2018 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION AUTHORIZING PAYMENT TO APAC CENTRAL, INC. FOR ASPHALT FOR THE OVERLAY 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 the Street Department will overlay portions of various other interior streets within the City of Van Buren; and WHEREAS, the Van Buren City Council approved funds in the 2018 budget for street repairs and in-house projects; and WHEREAS, ARK. CODE ANN. §14-58-104 waives the requirements for competitive bidding for asphalt; and WHEREAS, the City of Van Buren will purchase asphalt from APAC Central, Inc. in the amount not to exceed $350,000.00 for said projects. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN,ARKANSAS, THAT: SECTION 1: The Mayor and City Clerk are hereby authorized by the City Council for the City of Van Buren to pay all invoices to APAC Central, Inc. from Capital Improvement and Street Funds relating to these overlays 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 (.o for and U against, the foregoing Resolution at its regular meeting held on the 26th day of March 2018. Robert D." -N• _, Mayor ATTESTED: APPROVED A TO FO : I�I Phyl 's Thomas •ice . Settle City Clerk/Treasurer City Attorney