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RES NO 04-11-2000 0 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 4-11 -2000 A RESOLUTION APPROVING AN INCREASE IN THE CONTRACT PRICE FOR THE RECONSTRUCTION OF PEEVYHOUSE ROAD. WHEREAS, The Mayor advertised for bids for reconstruction of Peevyhouse Road; and WHEREAS, The bid of Foy Brown Construction, Greenwood, Arkansas in the amount of $109,924.50 was accepted by the Council pursuant to Resolution No. 6 -1 -1999; and WHEREAS, Due to unforeseen circumstances, the amount to complete the reconstruction of Peevyhouse Road has increased; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: TI -IAT, The increase of $28,790.00 to the contract with Foy Brown Construction, Greenwood, Arkansas for the reconstruction of Peevyhouse Road is hereby accepted. THAT, The Mayor is authorized and directed to pay for same out of the Street Fund. f� PASSED AND APPROVED THIS 7 --DAY OF 2000. Ln MAYOR J IGGS ATTESTED: 4 CI•TVCLERK- TREASURER +/yam 0