HomeMy WebLinkAbout80-87 RESOLUTIONf
RESOLUTION NO. 18087
A RESOLUTION AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE A CONTRACT WITH JERRY D.
SWEETSER, INC. FOR BEAM SUPPORTS AND CONCRETE
FOOTINGS TO SUPPORT THE WILSON PARK SWIMMING
POOL DECK AND APPROVING A BUDGET ADJUSTMENT
FOR SAID PROJECT.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the Mayor and City Clerk are hereby
authorized and directed to execute a contract with Jerry D.
Sweetser, Inc. for beam supports and concrete footings to support
the Wilson Park swimming pool deck. A copy of the contract
authorized for execution hereby is attached hereto marked Exhibit
"A" and made a part hereof.
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Section 2. That the Board of' Directors hereby approves
the budget adjustment reflected in Exhibit "B", attached hereto
and made a part hereof, to appropriate funds for said project.
PASSED AND APPROVED this 4 -6th day of October' , 1987.
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iL V. is
'11, •.:;:) . i sT
By: �[��y —
C y Clerk
APPROVED
By:
Ma/cif-girl)
ayoG r 0 9CPAALA-av‘j
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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
�E 22 Y (Jw n i s a e
cS 96 GJ Ap (s, e
A-HyEtfaviVe._ ,:t.P703
Party of the Second Part:
WITNESSETH:
Thatfor 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 the furnished and to construct the improve-
ments designated as n ,n
AcE
for the City of Fayetteville, Arkansas, in exact accordance
with the Plans on file at the Office of the City Engineer,
and Specifications, Proposals, Stipulations, and Special Pro-
visions attached hereto and made a part hereof as fully as
though copied herein, under the direction of and 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 and/or Lump Sum Price 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 Part of the Second Part agrees, for the consider-
ation above expressed, to begin and complete the work within
the time specified in the Proposal. Time is expressly made of
the essence of this Contract. 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, as-
certained 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
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7CNTRAPT AGP
to be paid under the Contract. Extensions of time may be
granted with waiver ofliquidated damages as provided for in
the Specifications
of raAThe Pa-rtyro 'the' Second'Pert'agrees to'furnish"a Bond,
With an -approved Surety "there hY'guaranteeing the performance
of this Contract, as required by the laws of the.State of
Arkansas, and for not less than one hundred (100)- percent of
the amount of._thisContractaid Bond_shall be conditioned
on full and complete performance of this Contract and accept-
ance by the City of Fayetteville for the payment of all labor
and materials entering into or incident to the proposed im-
provements and_.sha1T.1guar.antee_:-the work._.against faulty workman-
ship or materials for a period of one (1) year after completion.
The Surety on said Bond shall be a Surety Company of financial
-resources satisfactory to the Party of the First Part, and
authorized to do business in the State of Arkansas.
5. The Party of the second Part agrees also to carry Public
Liability' -Insurance; -Property Damage Insurance; and - Workman's
Compensatorn>=Insurance in=amounts=asL-required-by-fhese`S'pecifi-
eations -,: �/
- - ` Z.
WITNESS OUR HANDS THIS 1V DAY OF (4Oluw' , 1987
CITY OF FAYETTEVILLE
-l-FAYETTEVILLE, ARKANSAS-::
Attest by:City Clerk
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City Engineer's Office
113 W. Mountain Street
Fayetteville, Arkansas
BID NO. 805
WILSON PARK POOL DECK
BEAMS & DRAINAGE REPAIR
Fayetteville, Arkansas
MICROFILMED
TABLE OF CONTENTS
Table of Contents
Schedule of Drawings
Advertisement
Bid Bond
Proposal
Performance and Payment Bond
Contract Agreement
Instructions
General Conditions
Division 2 -Earthwork
Division 3 -Concrete
Division 4 -
Division 5 -Metals
Division 6 thru 16
Page
1 - 2
3 - 4
5 - 7
8 - 9
10 -13
14 -28
29 -36
37 -43
44 -47
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SCHEDULE OF DRAWINGS
Sheet 1 - Title and Vicinity. Map
Sheet 2 - Plan, Section, Details
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ADVERTISEMENT
Bid No. 805
Notice is hereby given that the City of Fayetteville,
ville, Arkansas will receive sealed Bids at the Purchasing
Office, City Administration Building, 113 West Mountain St
10:00 a.m. on the rd day of September, 1987 for the furni
all tools, labor, and materials, and performing the necess
to be done in connection with the Wilson Park Pool Deck Be
Fayetteville, Arkansas. The scope of the work includes, b
limited to:
1. Remove all earth, debris, concrete, redwood
columns, etc. from drainage area under pool
deck.
Fayette -
Agent's
reet, until
shing of
ary work
ams Project,
ut is not
2. Provide concrete retaining walls, four (4)
concrete columns, and concrete drainage slab.
3. Provide two galvanized beams.
4. Replace beam brackets at pool.
The location and scope of the work is set out in the Detailed
Plans and. Specifications on file in the Office of the City Engineer,
Fayetteville, Arkansas. The Plans and Specifications for the proj-
ect may be obtained from the Office of the City Engineer.
Each bid must be accompanied by a surety bond in the amount
of five percent of the whole bid, said bond to be issued by a surety
licensed to do business in the State of Arkansas.
The successful bidder will be required to furnish a performance
and payment bond in favor of the City in an amount equal to the con-
tract amount prior to the execution of any Contract Agreement.
The City of Fayetteville is an Equal Opportunity Employer.
The proposed Contract is under and subject to Executive Order
11246 of September 24, 1965. 1
This Advertisement is hereby made a part of the Contract Docu-
ments.
Purchasing Agent
1 0 0
Cgcorct
PRODUCER- ,Y
,i Eason & Co., Inc.
P.O. Box 4217
Fayetteville, AR 72702
-• INSURED
CO
LTR
Jerry D. Sweetser, Inc.
590 West Poplar
Fayetteville, AR 72701
0 0 0
112-3! L-1
ISSUE DATE (MM/DD/YY)
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS
NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND,
EXTEND OR ALTER THE. COVERAGE AFFORDED BY THE POLICIES BELOW.
COMPANIES AFFORDING COVERAGE
COMPANY A
LETTER United States Fidelity
COMPANY
LETTER B
COMPANY
LETTER
COMPANY
LETTER
C
D
COMPANY
LETTER
& Guaranty Co.
THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED.
NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY
BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE. POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS, AND CONDI-
TIONS OF SUCH POLICIES.
TYPE OF INSURANCE
GENERAL LIABILITY
X COMPREHENSIVE FORM
PREMISES/OPERATIONS
_
UNDERGROUND
_ EXPLOSION 8 COLLAPSE HAZARD
PRODUCTS/COMPLETED OPERATIONS
_ CONTRACTUAL
INDEPENDENT CONTRACTORS
BROAD FORM PROPERTY DAMAGE
PERSONAL INJURY
AUTOMOBILE LIABILITY
X ANY AUTO
ALL OWNED AUTOS (PRIV. PASS.)
ALL OWNED AUTOS OTHEfl THAN)
�PRIV. PASS./
HIRED AUTOS
NON -OWNED AUTOS
GARAGE LIABILITY
EXCESS UABILITY
UMBRELLA FORM
OTHER THAN UMBRELLA FORM
WORKERS' COMPENSATION
AND
EMPLOYERS' LIABILITY
OTHER
POLICY NUMBER
POLICY EFFECTIVE POLICY EWIRATDN
GATE (MMIDDIYD DATE (MMND')YI
1CC086687282 10/30/87 10/30/88
BAP92573690
05207338244
3902852861
DESCRIPTION OF OPERATIONS/LOCATIONSNEHICLES/SPECIAL ITEMS
- Re: Wilson Park
ltl4flti (9c\I1uj ]I'1;:i
City of Fayetteville
P.O. Drawer F
Fayetteville, AR 72702
eGU7:0lYllcrl:C
LIABILITY LIMITS IN THOUSANDS
EACH
OCCURRENCE
BODILY
INJURY
$1,000
PROPERTY
DAMAGE $ 1.000
BI 8 PD
COMBINED $
AGGREGATE
$1,000
$
PERSONAL INJURY $
BODILY
10/30/87 10/30/88. (IPEA PEasan $
BODILY
WINE
(PER ACCIDENT) $
10/30/87 10/30/88
10/30/87 10/30/88
PROPERTY
DAMAGE $
B IEL PD
COMBINED $
1,000
1,000
1,000
C▪ OMBINED $ 1/000 $1, 000
STATUTORY
(EACH ACCIDENT)
(DISEASE -POLICY LIMIT)
(DISEASE -EACH EMPLOYEE)
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EX-
PIRATION DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO
MAIL DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE
LEFT, BUT FAILURE TO MAIL SUCH NOTICE SH IMPOSE NO OBUGATION OR UABILI TY
OF ANY KIND UPONA'� MP Y, ITS ENTS`• 2 OR REPRESENTATIVES.
AUTHORIZED REPRE IV�t •
Z'vv--T--_Bob Davis
eattKy:L'i'�•I
0
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BID BOND
KNOW ALL MEN BY. THESE PRESENTS, that we, the undersigned,
as Principal, and
as Surety, are hereby held
and firmly bound unto as owner
in the penal sum of
for the payment of which, well and truly to be made, we hereby jointly
and severally bind ourselves, our heirs, executors, administrators,
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successors and assigns. Signed this day of
19
The condition of the above obligation is such that whereas the Principal
has submitted to
certain bid, attached hereto and hereby made a part hereof to enter into a
contract in writing, for the
NOW THEREFOR,
(a) If said Bid shall be rejected, or in the alternate.
(b) If said Bid shall be accepted and the Principal shall execute
and deliver a contract in the Form of Contract attached hereto
(properly completed in accordance with said Bid) and shall
furnish a bond for his faithful performance of said contract,
and for the payment of all persons performing labor or
furnishing materials in connection therewith, and shall in
all other respects perform the agreement created by the
acceptance of said Bid.
then this obligation shall be void, otherwise the same shall remain in
force and effect; it being expressly understood and agreed that the
liability of the Surety for any and all claims hereunder shall, in no
event, exceed the penal amount of the obligation as herein stated.
The Surety, for value received, hereby stipulates and agrees that
the obligations of said Surety and its bond shall be in no way impaired
or affected by any extension of the time within which the Owner may
accept such Bid; and said Surety does hereby waive notice of any such
extension.
a
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IN WITNESS WHEREOF, the Principal and the Surety have hereunto
set their hands and seals, and such of them as are corporations have
caused their corporate seals to be hereto affixed and these presents
to be signed by their proper officers, the day and year first set
forth above.
Principal
Surety
SEAL BY:
Proposal of
PROPOSAL
(A LUMP SUM CONTRACT)
Place
Date
3- 77
a corporation* organized and existing under the laws of the State of
and qualified to do business in the State of
Arkansas; a Partnership* consisting of
an Individual* trading as •
TO THE CITY OF FAYETTEVILLE, ARKANSAS:
The bidder in compliance with your invitation for bids for the
construction of Wilson Park Pool Deck Beams and Drainage Repair
having examined
the Plans and Specifications with related documents and the site of
the proposed work, and being familiar with all the conditions surround-
ing the work, including the availability of materials and labor, here-
by proposes to finish all labor, material, and supplies required to
be furnished, and to construct the project in accordance with the Con-
tract Documents, and at the unit prices stated below. These prices are
to cover all expenses incurred in performing the work required under
the Contract Documents, of which this proposal is a part.
Bidder hereby agrees to commence work under this contract on a
date to be specified in a written "Word Order" of the Engineer, and
to fully complete the project within 90 consecutive calendar days.
Bidder acknowledges receipt of the following addenda:
* Fill out applicable blank
The undersigned proposes to furnish all materials and
labor and to construct and complete the work shown on the
Plans and described in the Specifications (Wilson -Park
Pool Deck Beams , Fayetteville, Arkansas) for the Lump Sum of:
1'�n .
(Words) (Figures)
00
The bid is to be shown in Words and Figures. In case of.
discrepancy, the amount shown in Words shall govern.
Bidder understands that the Owner reserves the right to
reject any or all bids and to waive any informalities in the
bidding.
The bidder agrees that this bid shall be good and may not
be withdrawn for a period of sixty (60) calendar days after
the scheduled closing time for receiving bids.
Upon receipt of written notice of the acceptance of this
bid, the Bidder will deliver the Surety Bond as required by
the Specifications and shall execute the Contract Agreement
within ten (10) calendar days. The attached bid security in
the sum of 5 percent of the total bid shall become the property
of the Owner as liquidated damages in the event the Bond and
Contract Agreement arenot executed in the time set forth
above.
r'
SEAL -SI-f%Bid
_ sn
SUBMITTED BY:
C( -we e
X90 /afee -ale ,
Ce4.1e7 a 7 a /
,s'By a Corporation
ARKANSAS PERFORMANCE AND PAYMENT BOND
(14-604 Arkansas Statutes)
KNOW ALL NEN BY THESE PRESENTS: That we (1) Jefry D. Sweetser, Inc.
a (2) corporation , hereinafter called "Principal" and
United states Fidelity
(3) aril Guaranty Co. of Little Rock , state of
hereinafter called the "Surety", are held and
firmly bound unto (4) City Of Fayetteville , hereinafter called
Eleven thousand Four -hundred
"Owner" in the penal sum of and Seventy -Six dollars ($11,476 ),
in lawful money of the United States, for the payment of which sum well
and truly to be made, said principals and Surety hind themselves, their
heirs, administrators, executors, successors and assigns, jointly and
severally, by these presents.
Arkansas
THE CONDITION OF..THIS OBLIGATION is such that whereas, the Principal
entered-into'a certain contract with the Owner, dated the 3rd
day of September ; 1987 , a copy of which is attached and made a part
hereof for the construction of: Willson Park pool deck, beams, & drainage
repair,.. Fayetteville, Arkansas.
NOW; THEREOFRE, if 'the Principal shall well, truly and faithfully perform
its duties, all the undertakings, covenants, terms, conditions, and agree-
ment.of.,said.contract'during the original term thereof, and any extensions
thereof -which maybe granted by the Owner, with or without notice to the
Surety, and if'he shall satisfy all claims and demands incurred under such
contract, and shall fully indemnify, and save harmless the Owner from all
costs and damages -which it'`riay suffer by reason of failure to do so, and
shall reimburse and.repay the Owner all outlay and expense which the Owner
may.incur.in making_ good any default, and shall promptly make payment to all
persons.,_ firms, subcontractors and corporations furnishing material for or
performing labor in -the prosecution of the work provided for in such contract,
anyanyauthorizedextensionor modification thereof, all amounts due for,
but not limited to, materials, lubricants, oil, gasoline, coal and coke,
repair on machinery, equipment and tools consumed or used in connection with
the construction of said work, fuel oil, came equipment, food for men, feed
for animals, premium for bonds and liability and workmen's compensation
insurance, rentals on machinery, equipment and draft animals; also for taxes
or payments due the State of Arkansas or any political subdivisions thereof
which shall have arisen on account of, or in connection with, the wages
earned by workmen covered by the bond; and for all labor performed in such
work whether by subcontractor or otherwise, then this obligation shall be
void, otherwise to remain in full force and effect.
5
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The Surety agrees theterms of this bond shall cover the payment by
the principal of not less than the prevailing hourly rate of wages as
determined by the Arkansas Department of Labor or U. S. Secretary of
Labor, whichever is greater, to all workmen performing work under the
contract.
PROVIDED FURTHER, that the said Surety, for value received, hereby
stipulates and agrees that no change, extension of time, alternation,
or addition to the terms of the contract or to the work to be performed
thereunder of the specifications accompanying the same, shall in any wise
affect its obligation on this bond, andit does hereby waive notice of any
such change, extension of time, alteration or addition to the terms of the
contract as to the work or to the specifications.
PROVIDED FURTHER, that no final settlement between the Owner and the
contractor shall abridge the right of any beneficiary hereunder, whose
claim may be unsatisfied.
IN WITNESS WHEREOF, this instrument is executed in six (6) counterparts,
each of which shall be deemed an original, this -c. _12th'. day of
October , 1987 .
ATTEST:
SECRETARY (PRINCIPAL)
Jerry D. Sweetser, Inc.
(PRINCIPAL)
BY
(TITLE)
President
(SEAL) Fayetteville, Arkansas 72701
(ADDRESS)
WITNESS AS TO PRINCIPAL
ADDRESS
ATTEST:
SECRETARY (SURETY)
(SEAL)
WITNESS AS TO ATTORNEY-IN-FACT
ADDRESS
United States Fidelity & Guaranty Company
(SURETY)
BY 6:7 4-.
ATTORNEY-IN-FACT A.P. Eason, r. .23
Fayetteville, Arkansas 727012 -_
ADDRESS
CERTIFIED COPY
GENERAL POWER OF ATTORNEY
No 84805
Know alt Men by these Presents:
That UNITED STATES FIDELITY AND GUARANTY COMPANY, a corporation organized and existing under the laws of the
State of Maryland, and having its principal office at the City of Baltimore, in the State of Maryland, does hereby constitute and appoint
A. P. Eason, Jr.
of the City of Fayetteville , State of Arkansas
its true and lawful attorney in and for the State of Arkansas
for the following purposes, to wit:
To sign its name as surety to, and to execute, seal and acknowledge any and all bonds, and to respectively do and perform any and
all acts and things set forth in the resolution of the Board of Directors of the said UNITED STATES FIDELITY AND GUARANTY
COMPANY, a certified copy of which is hereto annexed and made a part of this Power of Attorney; and the said UNITED STATES
FIDELITY/AND GUARANTY COMPANY, through us, its Board of Director, hereby ratifies and confirms all and whatsoever the said
.%;
may -gawkily do in the premises by virtue of these presents.
Fr$n Witneaa l hereo/, the said UNITED STATES FIDELITY AND GUARANTY COMPANY has caused this instrument to be
sealed with la:corporate seal, duly. attested by the signatures of its Vice -President and Assistant Secretary, this 17th day of
May ,A.D.1974
UNITED STATES FIDELITY AND GUARANTY COMPANY.
A. P. Eason, Jr.
(SEAL)
STATE OF MARYLAND, )
BALTIMORE CITY 3
ss:
(Signed) By Charles W. Boone
(Signed) W. G. Hilyard
Fice•President.
Assistant Secretary.
On this 17th day of May - , A. D. 1974 , before me personally came
Charles W. Boone , Vice -President of the UNITED STATES FIDELITY AND GUARANTY
COMPANY and W, G. Hilyard , Assistant Secretary of said Company, with both of
whom I am personally acquainted, who being by me severally duly sworn, said that they resided in the City of Baltimore, Maryland;
that they, the said Charles W. Boone and W. G. Hilyard were respectively
the Vice•President and the Assistant Secretary of the said UNITED STATES FIDELITY AND GUARANTY COMPANY, the cor-
poration described in and which executed the foregoing Power of Attorney: that they each knew the seal of said corporation; that the
seal affixed to said Power of Attorney was such corporate seal, that it was so fixed by order of the Board of Directors of said corpora.
tion, and that they signed their names thereto by like order as Vice -President and Assistant Secretary, respectively, of the Company.
My commission expires the first day in July. A. D. 19...7.4...
(SEAL)
STATE OF MARYLAND
BALTIMORE CITY,
I, Robert If. Bouse , Clerk of the Superior Court of Baltimore City, which Court is a
Court of Record, and has a seal, do hereby certify that Herbert J. Aull , Esquire, before
whom the annexed affidavits were made, and who has thereto subscribed his name, was at the time of so doing a Notary Public of the
State of Maryland. in and for the City of Baltimore, duly commissioned and sworn and authorized by law to administer oaths and take
acknowledgments, or proof of deeds to be recorded therein. I further certify that I am acquainted with the handwriting of the said
Notary, and verily believe the signature to be his genuine signature.
In Testimony Whereo/, I hereto set my hand and affix the seal of the Superior Court of Baltimore City, the same being a Court
of Record, this 17th day of May , A. D. 19 74
Robert H. Bouse
} Set.
(Signed) Herbert J. Aull
Notary Public.
(SEAL) (Signed)
FS 3 (9.67)
Clerk of the Superior Court al Baltimore City.
•daaaaag luoulrty
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NOLL111OS3B AO Ad03
NOTE:
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Date of Bond must not be prior to date of Contract.
Correct name of Contractor
A Corporation, a Partnership, or an individual, as case may be
Correct name of Surety
Correct name of Owner
If Contractor'is Partnership, all partners shall execute bond
This bond must be filed with the Circuit Court of the County
where the work is to be performed, prior to the start of const-
ruction
Must be executed by Arkansas Local Resident Agency for Surety
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
CSit9 fJ .54.3E6_7/SEF, G
cS 90 <- Oop63e
A-AVLf/Las//7/6_, Ak ya703
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 the furnished and to construct the improve-
ments designated as
//
[�//502
for the City of Fayetteville, Arkansas, in exact accordance
with the Plans on file at the Office of the City Engineer,
and Specifications, Proposals, Stipulations, and Special Pro-
visions attached hereto and made a. part hereof as fully as
though copied herein, under the direction of and 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 and/or Lump Sum Price 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 Part of the Second Part agrees, .for the consider-
ation above expressed, to begin and complete the work within
the time specified in the Proposal. Time is expressly made of
the essence of this Contract. 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, as-
certained and agreed, and not in the nature of a penalty, the
amountspecified in the Proposal for each day delayed, for each
Schedule delayed, which shall be deducted from the final amount
8
to be paid under the Contract. Extensions of time may be
granted with waiver of liquidated damages as provided for in
the Specifications.
4. The Party of the Second Part agrees to furnish a Bond,
with an approved Surety thereon, guaranteeing the performance
of this Contract, as required by the laws of the State of
Arkansas, and for notless than one hundred (100) percent of
the amount of this Contract. Said Bond shall be conditioned
on full and complete performance of this Contract and accept-
ance by the City of Fayetteville for the payment of all labor
and materials entering into or incident to the proposed im-
provements and shall guarantee the work against faulty workman-
ship or materials for a period of one (1) year after completion.
The Surety on said Bond shall be a Surety Company of financial
resources satisfactory to the Party of the First Part, and
authorized to do business in the State of Arkansas.
5. The Party of the second Part
Liability Insurance, Property Damage
Compensation Insurance in amounts as
cations.
agrees also to carry Public
Insurance, and Workman's
required by these Specifi-
WITNESS OUR HANDS THIS
Attest by City Clerk
WITNESS
Corporate Seal (if any)
9
CITY OF FAYETTEVILLE
FAYETTEVILLE, ARKANSAS
By
(Lllulity 9D144 -44'r4.1
1987
C%' Contractors
azdo
Name a Title
usiness Address
n°Air 727°3