RES NO 10-07-2002 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. Ito 1 -2002
A RESOLUTION APPROVING AN INCREASE IN THE CONTRACT PRICE FOR
SHERWOOD STEET PROJECT.
WHEREAS, The Mayor has advertised for bids for the Sherwood Street Project; and
WHEREAS, The bid of Harris Company of Fort Smith in the amount of S113,977.14
was accepted by the Council; and
WHEREAS, Due to unforeseen circumstances, the amount to complete the street
improvements increased and the Council previously approved an increase
in the contract price of $4,005.96; and
WHEREAS, A final determination of the contract price has been determined to be
$118,763.89, leaving a balance of 5780.78 unapproved by the Council;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN,
ARKANSAS:
SECTION 1: That the increase of 8780.78 to the Contract with Harris Company of Fort
Smith 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 1' DAY OF OCTOBER, 2002. 4.
,s
MAYOR 1 I-1 IGGS��
ATTESTED:
41
CITY CLERK/TREASURER