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HomeMy WebLinkAbout37-75 RESOLUTION• RESOLUTION NO. A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT WITH ANCHOR CONSTRUCTION COMPANY FOR THE CONSTRUCTION OF AIRPORT IMPROVEMENTS AT DRAKE FIELD IN AC- CORDANCE WITH PLANS AND SPECIFICATIONS FOR PROJECT NO. 8-05-0020-04 AS AMENDED. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City Clerk be, and they hereby are, authorized and directed to execute a contract in the total amount of $131,216.34 _C with Anchor Construction Company, which company is hereby awarded said contract, for the construction of airport improvements at Drake Field, in accordance with plans and specifications for Project 8-05-0020-04, as amended; provided, said award and contract shall be subject to con- currence by the Federal Aviation Administration. A copy of said contract, marked Exhibit "A", is attached hereto and made a part hereof. PASSED AND APPROVED THIS 41h DAY OF 1975. APPROVED: MAYOR `ATTEST: Cr; CJYtXPao)= Ntau feast, ,CITY CLERK • • • 4'O 7 CONTRACT AGREEMENT 1. This Contract and Agreement, made and entered into this day of ,19 by and between the City of Fayetteville, Arkansas, Party of the First Part, acting through it's duly authorized representative, and Party of the Second Part: WITNESSETH: That for and in consideration of the payments to be made as hereinafter set forth, the Party of the Second Part hereby agrees to furnish all tools, labor, equipment, materials, and supplies required to be furnished and to construct the improvements designated as Project No. 8-05-0020-04, Airport Paving Improvements, Drake Field for the City of Fayetteville, Arkansas, in exact accordance with the Plans on file at the office of the Party of the First Part, and Specifications, Proposals, Stipulations, and Special Provisions attached hereto and made a part hereof as fully as though copied herein, under the direct supervisionand to the entire satisfaction of the Party of the First Part and in accordance with the laws of the State of Arkansas. 2. It is Further agreed and understood by and between the parties hereunto that the Party of the First Part agrees to pay and the Party of the Second Part agrees to accept as full and final compensation for all work done under this agreement, the unit prices named in the Proposal which is hereto attached, such payment to be made in lawful money of the United States, at the time and in the manner set forth in the Specifications. 3. The Party of the Second Part agrees, for the consideration above -expressed, to begin and complete the work within the time specified in the Proposal. If the Party of the Second Part shall fail to complete the work in the time specified, he shall pay to the Party of the First Part, as liquidated damages, ascertained and agreed, and not in the nature of a penalty, the amount specified in the Proposal for each day delayed, for each Schedule delayed, which shall be deducted from the final amount to be paid under the contract, provided that extensions of time with waiver of liquidated damages may be granted as provided for in the Specifications. 4. The Party of the Second Part agrees to furnish Bonds, with an approved Surety thereon, guaranteeing the performance of this Contract, as required by the laws of the State of Arkansas, and for not less then one hundred (100) percent of the amount of this contract. Said Bond shall be conditioned on full and complete performance of this Contract and for the payment of all labor and materials entering into or incident to the Proposed * NOTE: Seperate Payment & Performance Bonds, each in the amount of 100% of the Contract amountwill be required for all materials, labor, equipment and payment, etc. 9 • • improvements and shall guarantee the work against faulty workmanship or materials for a period of one (1) year after completion. The Surety on said Bond shall be e Surety Company of financial resources sat to the Party of the First Part, and authorized to do business in theUcto State of Arkansas. 50 The Party of the Second Part agrees also: to carry Public Liability Insurance, Property Damage Insurance, end Workmen's Compensation Insurance in amounts as required by these Specifications, . WIT 1ESS OUR HANGS THIS / DAY OF 1/1Ati 1944/ CITY OF F� ft TE4LLE J FAYETTEVILLE, APKANSAS - '1 WITNESS: SEAL (if any WITNESS: \ ) C.L Ali Affix Corporate Seal here (if any) • RESOLUTION NO. J% -%5 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT WITH ANCHOR CONSTRUCTION COMPANY FOR THE CONSTRUCTION OF AIRPORT IMPROVEMENTS AT DRAKE FIELD IN AC- CORDANCE WITH PLANS AND SPECIFICATIONS FOR PROJECT NO. 8-05-0020-04 AS AMENDED. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City Clerk be, and they hereby are, authorized and directed to execute a contract in the total amount of $131,216.34 with Anchor Construction Company, which company is hereby awarded said contract, for the construction of airport improvements at Drake Field, in accordance with plans and specifications for Project 8-05-0020-04, as amended; provided, said award and contract shall be subject to con- currence by the Federal Aviation Administration. A copy of said contract, marked Exhibit "A", is attached hereto and made a part hereof. PASSED AND APPROVED THIS 4t DAY OF 1975. ATTEST: . A vtAbi CITY CLERK APPROVED: LiLif Off MAYOR