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RES NO 10-01-2000 CITY OF VAN BUREN, ARKANSAS 0 RESOLUTION NO. /0- -2000 A RESOLUTION APPROVING AN INCREASE IN THE CONTRACT PRICE FOR THE TANGLEWOOI) DRAINAGE IMPROVEMENTS PROJECT. WHEREAS, The Mayor has advertised for bids for Tanglewood Drainage Improvements; and WHEREAS, The bid of Franklin Construction, Inc., in the amount of $149,197.75 was accepted by the Council pursuant to City Resolution No. 6 -3 -2000; and WHEREAS, Due to unforeseen circumstances, the amount to complete the drainage improvements in Tanglewood has increased; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS: THAT, The increase of $5,343.00 (Change Order No. 3) to the Contract with Franklin Construction, Inc. for drainage improvements in Tanglewood, is hereby accepted. THAT, The Mayor is authorized and directed to pay for same out of the Street Fund. PASSED AND APPROVED THIS iv.) DAY OF OCTOBER, 2000. MAYOR JOt, &N R JpGS 63 ATTESTED: a 1)69ikt, CITY CLERKITREASURER 0