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HomeMy WebLinkAboutOrdinance 3932 ORDINANCE NO. 3932 AN ORDINANCE WAIVING THE REQUIREMENTS OF COMPETITIVE BIDDING FOR THE EXTENSION OF A WATER LINE ON SALEM ROAD IN CONJUNCTION WITH THE DEVELOPER OF SALEM VILLAGE SUBDIVISION AND APPROVING A LETTER AGREEMENT WITH TRADITIONAL INVESTMENTS LIMITED PARTNERSHIP. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1 . That the City Council hereby waives the requirements of competitive bidding for the extension of a water line on Salem Road in conjunction with the developer of Salem Village Subdivision for the reason that said requirements are neither practical nor feasible. Traditional Investments Limited Partnership is the "developer" of Salem Village Subdivision and has contracted for certain engineering services and construction of water lines. The subject project is an extension to the above water line and the developer will provide the engineering and construction of the extension. Fayetteville's participation in the project is as outlined in the Cost Sharing Agreement. Section 2. That the Mayor and City Clerk are hereby authorized to execute a Letter Agreement for the Water Line Extension/Salem Village Subdivision with Traditional Investments Limited Partnership. A copy of the Letter Agreement authorized for execution is attached hereto as Exhibit "A" and made a part hereof. PASSED AND APPROVED this 3rd day of October 1995 . APPROVE : By. xhyv, Fred Hanna, Mayor ATTEST: By : Traci Paul, City Clerk FAYETTEVI LLE THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENTAL CORRESPONDENCE TO : Charles Venable , Ass ' t Public Works Director FROM : Don Bunn , City Engineer , ,/!% SUBJECT : Letter Agreement Traditional Investments 8 -Inch Water Line , Salem Road DATE : November 6 , 1995 Attached for the Mayor ' s signature are two ( 2 ) originals of the letter agreement as noted above . Please forward them to the Mayor for his signature . The Council has already approved the letter agreement and should approve a connection fee at the next Council Meeting . One original needs to go back to Traditional Investments and one should go to the City Clerk . I have made a copy for our files . Thank you . &f7c4-L � at/c0 FAYETTEVI LLE THE CITY OF FAYETTEVILLE, ARKANSAS October 6 , 1995 Traditional Investments Limited Partership 524 Holly Street Fayetteville , Arkansas 72703 Re : Letter Agreement Water Line Extension Salem Village Subdivision Gentlemen , This will serve as a letter agreement between the City of Fayetteville and Traditional Investments Limited Partnership ( Developer ) to provide for cost sharing the extension of an 8 -Inch water line from the southeast corner of the Salem Village Subdivision along the west side of Salem Road to the south side of Mount Comfort Road , The Developer agrees to be responsible for the engineering and construction of approximately 2600 feet of the 811 water line with the necessary valves , fire hydrants , and including the tie- in to the 12 11 line on the south side of Mt . Comfort Road , The City of Fayetteville agrees to : 1 . Reimburse the Developer for the south 1500 feet of line , including the crossing of Mt . Comfort Road and the tie- in to the existing 1211 water line , 2 . Reimburse the Developer for the cost of engineering for the entire line from the southeast corner of the subdivision south to the tie- in south of Mt . Comfort Road , 3 . Reimburse the developer for the cost of installing any fire hydrants along the 811 line that are deemed necessary by the City , 4 . Be responsible for the acquisition of any easements required for the extension . Page 1 of 2 113WESTMOUNTAIN 72701 501-521 -7700 FAX 501-575-8257 October 6 , 1995 The intent of this agreement that the Developer ' s share of the cost be restricted to the installation of approximately 1100 feet of water line which is the length of the alternate tie- in to the north . Please indicate your acceptance of the terms of this letter agreement by signing in the appropriate location below . The Mayor will sign the agreement once it is approved by the City Council . If you have any questions please call me at 575-8208 . Thank you . Sincerely Yours , Donald R . Bunn , City Engineer FOR THE CITY OF FAY7, Mayor Fred Hanna FOR TRADITIONA VzSTMENTS LIMITED PARTNERSHIP Gerald Jones 1 O/n lq� Page 2 of 2