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RES NO 09-06-2002 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 1 `W -2002 A RESOLUTION APPROVING AN INCREASE IN THE CONTRACT PRICE FOR PHASE V STEET IMPROVEMENTS. WHEREAS, The Mayor has advertised for bids for Phase V Street Improvements; and WHEREAS, The bid of Wilson Brothers Construction Company, Inc. in the amount of S 1,140,108.35 was accepted by the Council; and WHEREAS, Due to unforeseen circumstances, the amount to complete the street improvements has increased; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS: SECTION 1: That the increase of 515,119.67 to the Contract with Wilson Brothers Construction Company, Inc. for street improvements is hereby accepted. SECTION 2: That the Mayor is authorized and directed to pay for same out of the Street Fund. PASSED AND APPROVED THIS I 'P1 DAY OF SEPTEMBER, 2002. MAYett N RIGG ATTESTED: CITY CLERK ITREASIJ -RER e t� ti CLAD C RECONCILIATION CHANGE ORDER ORDER NO.: Three (3) DATE: July 18, 2002 CONTRACT DATE: September 24, 2001 ENGINEER'S PROJECT NO.: 01110A NAME OF PROJECT: Street Improvements Phase V Van Buren, Arkansas OWNER: City of Van Buren CONTRACTOR: Wilson Brothers Construction Company, Inc. THE FOLLOWING CHANGES ARE HEREBY MADE TO THE CONTRACT DOCUMENTS: The quantities payment amounts shown on Pay Estimate #7 FINAL (including Change Order #1 and Change Order #2) are hereby reconciled the final contract amount is adjusted to account for payment of the actual quantities accepted for payment as shown on pay estimate #7. The contract is adjusted as follows: CURRENT CONTRACT PRICE ADJUSTED BY PREVIOUS CHANGE ORDERS $1,140,108.35 CONTRACT PRICE ADJUSTMENT DUE TO THIS CHANGE ORDER $15,119.67 THE FINAL CONTRACT PRICE INCLUDING THIS CHANGE ORDER WILL BE $1,155,228.02 CHANGE TO CONTRACT TIME: THE CONTRACT TIME WILL BE (INCREASED) (DECREASED) BY CALENDAR DAYS THE CONTRACT PERIOD INCLUDING THIS CHANGE ORDER SHALL BE 187 CALENDAR DAYS APPROVALS:. ENGINEER: iV/ AAWKINS- El NGINEERS, INC. Q by 4. date /UJ/0 2/ CONT' •R: WILSON :'OTHERS CONSTRUCTION COMPANY, INC. date /fAZ NER: CITY OF VAN BUREN by date \01110A \Change Orders \CO#3.xls PAGE 1 OF 1