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HomeMy WebLinkAbout63-75 RESOLUTION.M11` RESOLUTION NO. 6,g-17-5— A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT WITH SAV -IT PAINT AND SUPPLY COMPANY, INC., OF SPRINGDALE, ARKANSAS, FOR THE REHABILITATION OF A STRUCTURE AT 935 NORTH OAKLAND. UNDER THE PROVISIONS OF THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM. 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 amount of $4,772.50 with Sav-It Paint and Supply Company, Inc., of Springdale, Arkansas for the rehabilitation of an owner occupied residence at 935 North Oakland under the provisions of the Community Development Block Grant Program. A copy of said contract, marked Exhibit "A", is attached hereto and made a part hereof. PASSED AND APPROVED THIS 19th DAY OF AUGUST, 1975. ..ATTEST!!~�j ms ` ` ;'CITY. CLERK quiz-al-LA-6Jc, APPROVED: MAYOR • CONTRACT THIS AGREEMENT is made this n7/4 day of ((l ,M%/ , 19 between the City of Fayetteville, hereafter known as "OWNER", and Sav-Tt Paint And Supply Company of Springdale, Arkansas , hereafter known as "CONTRACTOR". For payments and agreements mentioned, the CONTRACTOR agrees with the OWNER to commence and complete repairs and remodeling of structure at 935 North Oakland City of Fayetteville, Arkansas, hereafter known as the "PROJECT", for the total sum of 54.77?.50 . The CONTRACTOR agrees to furnish all materials, supplies, machinery, equipment, tools, superintendence, labor, insurance, and other items necessary to complete said project in accordance with "Specifications" and "Description of Work." THE CONTRACTOR agrees to commence work under this CONTRACT within FIV£ (5) consecutive calendar days of "Notice to Proceed" from OWNER and to fully complete the PROJECT within 60 consecutive calendar days. CONTRACTOR agrees to pay, as liquidated damages, the sum of TWENTY-FIVE DOLLARS ($25.00) per each consecutive calendar day after contract date of completion. THE OWNER agrees to pay CONTRACTOR in current funds for performance of the CONTRACT subject to additions and deductions, and to make payments in accordance with "Specifications". In the event the CONTRACTOR abandons the work, or fails, neglects or refuses to continue work after TEN (10) days written notice, given to the CONTRACTOR by the OWNER, then the OWNER shall have the option (1) to declare this CONTRACT .at an end, in which event, the OWNER shall not hl liable to the CONTRACTOR for any work or (2) to require the surety bond to be surrendered and carry out CONTRACT of CONTRACTOR. The CONTRACTOR shall be paid for that portion of work completed only after PROJECT IS completed. This CONTRACT shall be binding upon the heirs, representatives, successors or assigns of the parties hereto, including the surety. IN WITNESS WHEREOF, the OWNER and CONTRACTOR have hereto set their hands and seals respectively. WITNESSES I, ATTEST: CITY CLERK Sav-It Paint and Supply Company CITY OF FAYETTEVILLE FAYETTEVILLE, ARKANSAS By: MAYOR • • • 4 The Millers Mutual Plate cJ�'naaanee &onrrany NONE OITIOE • •00 MONNOE' • IT. WORTH 2. CONTRACT BOND OF TEXAS KNOW ALL MEN BY THESE PRESENTS: BOND NO 7923986 That we, SAV -IT PAINT AND SUPPLY COMPANY of the City of SPRINGDALE , State of ARKANSAS as Principal, and THE MILLERS MUTUAL FIRE INSURANCE COMPANY OF TEXAS, a corpora - lion, as Surety are held and firmly bound unto CITY OF FAYETTEVILLE hereinafter called the Obligee, in the sum of FOUR THOUSAND SEVEN HUNDRED SEVENTY-TWO AND 50/100 ($ 4,772.50 Dollars, for which payment said Principal and Surety bind themselves by these presents. WHEREAS, the Principal has entered into a written contract with the Obligee dated the 21st day of AUGUST. NORTH OAKLAND, FAYETTEVILLE, ARKANSAS. 19 75 , to REMODEL STRUCTURE AT 935 which contract and specifications are hereby referred to and made a part thereof. NOW THEREFORE, the condition of this obligation is such, that if the said Principal shall faith- fully perform said contract and indemnify the said Obligee from any loss, resulting from the breach of any of the terms and conditions thereof and shall promptly pay all persons supplying labor or mate- rial in the prosecution of the work provided for in such contract, then this obligation shall be void, otherwise to remain in full force and effect. Dated this 19th day of SEPTEMBER 1975 SAZicl, PA-;NT AND SUPPLY CO ANY BYNil Principal COUNTERSIGNED THE MILLERS MUTUAL FIRE INSURANCE COMPANY OF TEXAS By By Resident Agent L. W. Sinku, Attorney- ct- - r- rh M3iB2038 FILED IN MY OFFICE ,// DAYC�O,/F J. YO y) /./.to. IArtl. _•a _"a..." "• AL -11 Ci 197 Clerk Imo AID 61 JO Abe - 51H1 3DIWWO AW NI GTII. DDD Certified Copy MILLERS GROUP® The Millers Mutual Fire Insurance Company of Texas 900 Monroe Fort Worth. Texas 76102 No. 32 own of Attnrnrg FILED IN MY OFF E 4: DAY OFIMF 1 City Clerk 1'enutti alt /Urn hg thear trrnrnt13: That THE MILLERS MUTUAL FIRE INSURANCE COMPANY OF TEXAS, a corporation of the State of Texas, has made, constituted and appointed and by these presents does make, constitute and appoint L. W. Si nku of Fort Worth, Texas its true and lawful -Attorney -in -Fact, to make, execute and deliver, on its behalf as Surety, bonds, undertakings and other obligatory instruments of similar nature as follows: WITHOUT LIMITATION Such bonds, L. W. L. W. undertakings and Si nku Si nku obligatory instruments for said purposes, when duly executed by the aforesaid shall be binding upon the said Company. All the acts of said pursuant to the authority hereby given, are hereby ratified and confirmed. THAT THE MILLERS MUTUAL FIRE INSURANCE COMPANY OF TEXAS, pursuant of authority granted by resolution of the Executive Committee of its Board of Directors dated November 12, 1970 and unanimously approved by the Board of Directors on November 18, 1970, which said resolution has not been amended nor rescinded and of which the following is a true and complete copy: "RESOLVED, That this corporation hereby authorizes and empowers its Chairman, President, Vice President, Treasurer, Secretary, Assistant Vice President, Assistant Secretary or Assistant Treasurer, to designate and appoint any other officer, agent or attorney, with full power and authority to sign the Company's name and affix its corporate seal to, and deliver for and on its behalf as obligor, any bonds, undertakings, and other obligatory instruments of similar nature." in lllitnens iDtlrrenf, THE MILLERS MUTUAL FIRE INSURANCE COMPANY OF TEXAS has caused these presents to be signed by its Chairman, President, Vice President, Treasurer, Secretary, Assistant Vice President, Assistant Secretary or Assistant Treasurer, and its corporate seal to be affixed and duly attested by its Ass i stant Secretary this • 30th day of Apr i1 1974 Attest:. h'.- :, (Seal) q�� . ,�-i d Charles A B �c"Assis (1,diecci rooks tant STATE OF TEXAS COUNTY OF TARRANT Secretary SS.: THE MILLERS MUTUAL FIRE INSURANCE COMPANY OF TEXAS ee By 27. 7 —t_- <1X.__.. ohn B. Woodall, 'Vice President On this 30th day of Apr i 1 19 74 before me personally appeared John B. Woodall Vice President Title of THE MILLERS MUTUAL FIRE INSURANCE COMPANY OF TEXAS, with whom I am personally acquainted, who, being by me duly sworn, said that he resides at Fort Worth , Texas that he is Vice President of The Millers Mutual F described in and which executed the foregoing instrument; that he knows affixed to said instrument is such corporate seal; that it was so affixed by and that he signed his name thereto as V i ce Pres i dent STATE OF TEXAS COUNTY OF TARRANT ss.: ire Insurance Company of Te-rxas;$he'corporafion �4t the corporate seal of said Company'that the seal order of the Board of Directors.of said.Company; of said Company by like authority .'y. '/- N onn ie Holly ary Public , sj `� _ .rzc- ` My Commis ion Expires June 1 , 105"/+,7,-; r I Charles A. Brooks Assistant Secretary of The Millers Mutual Fire Insurance Company of Texas, do hereby certify that the above and foregoing is a true and correct copy of a power of attorney executed by said The Millers Mutual Fire Insurance Company of Texas, which is still in full force and effect. Oa. • lfltlrrenf. I have signed this certificate at Fort Worth, Texas,_this September 19 75. • / - /' 19th �f • V( C (e Z (L /kJ Assistant Secretary Charles A. Brooks MOIB2005