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HomeMy WebLinkAbout71-12 RESOLUTIONRESOLUTION NO. 71-12 A RESOLUTION AWARDING BID #12-23 AND AUTHORIZING A CONTRACT WITH PRIME CONTRACTING, INC. IN A TOTAL AMOUNT OF $168,772.75 FOR THE REPAIR OF FLOOD DAMAGE TO A SECTION OF FRISCO TRAIL, APPROVING A TEN PERCENT (10%) PROJECT CONTINGENCY, AND APPROVING A BUDGET ADJUSTMENT BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council of the City of Fayetteville, Arkansas hereby awards Bid #12-23 and authorizing a contract with Prime Contracting, Inc. in a total amount of $168,772.75 for the repair of flood damage to a section of Frisco Trail. Section 2. That the City Council of the City of Fayetteville, Arkansas hereby approves a ten percent (10%) project contingency. Section 3. That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution as Exhibit "A". PASSED and APPROVED this 17th day of April, 2012. APPROVED: B O ELD JO . i Mayor ATTEST: By: A/ta. 6114.6tt) SONDRA E. SMITH, City Clerk/Treasurer r� +•a��� 7 �F • • ��p r �•P 3 FAY AYETl.-EViLLE 9s�•9• (CANS .%°:# City of Fayetteville, Arkansas Budget Adjustment Form V11.0425 Budget Year 2012 Division: Transportation Services Department: Transportation Services Request Date 4/17/2012 Adjustment Number BUDGET ADJUSTMENT DESCRIPTION 1 JUSTIFICATION This budget adjustment recognizes FEMA reimbursement per Project Worksheet RFJ160G for flood -related repairs to Frisco Trail. Division Hea Budget Dir-ctor Departmen Director Date Date Date . 94') t ", Finance irector Date Chief • Staff M-yor Account Name V -a/) - Date 0/61— Date Prepared By: John Nelson Reference: jnelson Budget & Research Use Only Type: A BCD EP General Ledger Date Posted to General Ledger Checked / Verified TOTAL BUDGET ADJUSTMENT Trail Maintenance Trans from Replacement Account Number 4470.9470.5420.00 4470.0947.6602.27 72,920 Initial Date Initial 72,920 Increase / (Decrease) Date Project.Sub Expense Revenue Number 72,920 02016 . 1103 72,920 02016 . 1103 K:101_Financial Services\Budget12012 Budget\TransportationlBudget Adjustments1BA Form 2012_02016.1103F 1 of 1 Matt Mihalevich Submitted By City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 4/17/2012 City Council Meeting Date Agenda Items Only Engineering Division Action Required: Development Services Department A resolution awarding Bid #12-23 and authorizing a contract with Prime Contracting, Inc. in the amount of $168,772.75 for the repair of flood damage to a section of Frisco Trail, and approving a ten percent (10%) project contingency, and approving a budget adjustment. 185,650.00 Cost of this request 137,108.00 4470.9470.5420.00 $ Account Number 02016.1103 Project Number Budgeted Item X Category / Project Budget 3,450.00 Frisco Trail Repair Program Category / Project Name Trail Development Funds Used to Date Program / Project Category Name 133,658.00 Sales Tax Cap Imp Remaining Balance Fund Name Budget Adjustment Attached Department Director 3/3oIfz. Date Finance and Internal Services Director Chief .f S Date Date )14-01 Date / .�/i� Date Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: Received in Cily3-30-1 2 A08:28 RCVD Clerk's Office Received in Mayor's Office Comments: Revised January 15, 2009 v' a�el gle www.accessfayetteville.org CITY COUNCIL AGENDA MEMO THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENT CORRESPONDENCE To: Mayor and City Council Thru: Don Marr, Chief of Staff Jeremy Pate, Development Services Director Chris Brown, City Engineer From: Matt Mihalevich, Trails Coordinator' Date: March 30a', 2012 Subject: Frisco Trail Repair Award RECOMMENDATION: Staff recommends a resolution awarding Bid #12-23 and authorizing a contract with Prime Contracting, Inc. in the amount of S168,772.75 for the repair of flood damage to a section of Frisco Trail, and approving a ten percent (10%) project contingency, and approving a budget adjustment. PROPOSAL: In April of 2011, historic rains caused major flooding that resulted in the sliding of the hillside below a section of Frisco Trail just south of Center Street. The slope failure caused a large tree to fall along with a retaining wall and 6 feet of the 12 foot wide asphalt trail. Fortunately, half of the trail has remained opened to public during the time necessary for FEMA reimbursement, geotechnical engineering and design of a long lasting and cost effective solution. The design solution includes removing the fallen vegetation and compromised soil from the trail down to Tanglewood Creek. The contractor will then construct gabion baskets with native brown sandstone along the east edge of the creek to establish a solid base to reconstruct the hillside above. A new retaining wall matching the existing wall will then be constructed above the new structural hillside and new asphalt trail will be placed above the wall. A new drainage swale and storm drainage inlet will also be installed on the east side of the trail to prevent the water from crossing the trail and wall. The flooding that caused the slope failure was declared a natural disaster causing the failure, this project is eligible for reimbursement as a large project through the Federal Emergency Management Agency (FEMA). Upon completion of the project, FEMA will reimburse 75% of eligible expenses. The Arkansas Department of Energy Management will then reimburse 12.5%, leaving the City's portion at 12.5% of eligible expenses. THE CITY OF FAYETTEVILLE, ARKANSAS BUDGET IMPACT: Funds for the Frisco Trail Repair have been budgeted as part of the transportation capital improvement project for trail development. As mentioned, State and Federal disaster funds are expected to reimburse 87.5% of the eligible project cost, therefore the cost to the trails development program will be reduced substantially. Six bidders responded to the request for formal bids and Prime Construction, Inc. was the lowest responsive bidder - See attached bid tab. Second Nature Property Management, LLC had the lowest bid, however their bid was rejected due to submittal of incomplete bid documents. RESOLUTION NO. A RESOLUTION AWARDING BID #12-23 AND AUTHORIZING A CONTRACT WITH PRIME CONTRACTING, INC. IN A TOTAL AMOUNT OF $168,772.75 FOR THE REPAIR OF FLOOD DAMAGE TO A SECTION OF FRISCO TRAIL, APPROVING A TEN PERCENT (10%) PROJECT CONTINGENCY, AND APPROVING A BUDGET ADJUSTMENT BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council of the City of Fayetteville, Arkansas hereby awards Bid #12-23 and authorizing a contract with Prime Contracting, Inc. in a total amount of $168,772.75 for the repair of flood damage to a section of Frisco Trail. Section 2. That the City Council of the City of Fayetteville, Arkansas hereby approves a ten percent (10%) project contingency. Section 3. That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution as Exhibit "A". PASSED and APPROVED this 17th day of April, 2012. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer a evii1e ARKANSAS Bid 12-23, Construction - Frisco Trail Repair DER. 1 Boulder Construction, Inc. BID: 12-23 DATE: 03/23/12 TIME: 2:00 PM CITY OF FAYETrEVILLE 1.4,W.CO .CO $ 197,160.00 2 Fotchman Enterprises, Inc. $ 221,371.00 3 Prime Construction, Inc. $ 188,772.75 4 Second Nature Property Management, LLC $ 158,444.00 5 Sweetser Construction $ 249,795.50 6 Township Builders, Inc. $ 220,706.00 'NOTICE: Bid award Is contingent upon vendor meeting minimum speciOcations and formai authorization by City officials. CERTIFIED: FOREN RAS O. PURCH AGENT pari.6400- /142 DA rt City Of Fayetteville Requisition No.: Date: 4/17/2012 Vii. Expected Delivery Date: • Vendor #: 2.7_02.1 New Vendor Vendor Name: Prime Contractors Inc Mall Yes:Z, No:_,••_ Address' Foes Paint. Taxable Yes_ No:_ Quotes Attached Yes: Nu: X City: Stats Zip Code: Ship to coda: 104 DM p}!e ah, ZbileeT....... Requester: Jahn Nelson Requesters Employee 1003 Extension: gx Wm Description Quantity Line of Issue Unit Cost Extended Cost Account Numbers Project/Subproject # Inventory# Fixed Asset # 1 2 3 4 5 6 7 8 9 10 Frisco Trail Repair1 J08 $165,772.75 5109,772.75 4470.0470.5420.00 02016.1103 Contract # Ed 012-23: Res. No. Special Instructions: Subtotal: Tax: Total: $168,772.75 $0.00 ¢'168.772.75 Approvals: Mayor: Finance Dispatch DeparIment Director: Budget Manager. Utilities Manager: Purchasing Manager. & Interval Services Director: Manager 17 Manager. Other Revised 8117103 ttv1lleRKM$A5 THE CITY OF FAYETTEVILLE, ARKANSAS A CONTRACT Reference: Bid 12-23, Construction — Frisco Trail Repair Owner: City of Fayetteville, Arkansas Contractor: Prime Contracting, Inc. Term: Single Project Contract Name/Title: FRISCO TRAIL REPAIR Contract No.: THIS AGREEMENT is dated as of thea?j day of /l4(C IN in the year 2012 by and between The City of Fayetteville, Arkansas and Prime Contracting, Inc. (hereinafter called Contractor). ARTICLE 1- WORK 1.01 Contractor shall complete all Work as specified or indicated in the Contract Documents. The work under this Contract includes, but is not limited to: Clearing & Grubbing of the damaged area, removal of unsuitable soil and rock to install rock gabion baskets and replace a section of the modular block retaining wall, replacement of the trail surface, and site restoration. More specifically, the project will require the following: 1. Mobilization/Demobilization 2. Clearing & Grubbing of vegetation in the damaged area. 3. Excavation of unsuitable soil down to rock or unyielding subgrade. 4. Rock excavation as necessary to install rock gabion baskets and fill with native sandstone. 5. Select Fill installation behind gabion walls and under the replacement section of modular block wall. 6. Installation of a storm drainage pipe and inlet. 7. Installation of a modular block wall including foundation rock, wall rock, drain pipes, geogrid, select backfill, fence foundation system, fence posts and wall cap. S. Placement of the concrete strip between the back of the modular block wall and the trail. City of Fayetteville 00500 - 1 Frisco Trail Repair DOCUMENT 00500 — AGREEMENT (continued) 9. Trail subgrade preparation and asphalt paving. 10. Site restoration including removal of temporary creek crossing, temporary trail detour, topsoil, select grading, sod and wildflower seed. 11. Fence reinstallation and repair. ARTICLE 2 - ENGINEER 2.01 The Project has been designed by the City of Fayetteville, Engineering Division, who is hereinafter called Engineer. The Engineer assumes all duties and responsibilities, and has the rights and authority assigned to Engineer in the Contract Documents in connection with completion of the Work in accordance with the Contract Documents. ARTICLE 3 - CONTRACT TIME 3.01 TIME OF THE ESSENCE: A. All time limits for milestones, if any, Substantial Completion, and completion and readiness for final payment as stated in the Contract Documents are of the essence of the Contract. 3.02 DATES FOR SUBSTANTIAL COMPLETION AND FINAL PAYMENT: A. The Work will be Substantially Completed within 90 calendar days after the date when the Contract Times commence to run as provided in the GENERAL CONDITIONS, and completed and ready for final payment in accordance with the GENERAL CONDITIONS within 120 calendar days after the date when the Contract Times commence to run. 3.03 LIOUIDATED DAMAGES: A. Owner and Contractor recognize that time is of the essence of this Agreement and that The City of Fayetteville will suffer financial loss if the Work is not completed within the time specified above, plus any extensions thereof allowed in accordance with the GENERAL CONDITIONS. The parties also recognize the delays, expense, and difficulties involved in proving the actual loss suffered by The City of Fayetteville if the Work is not Substantially Completed on time. Accordingly, instead of requiring any such proof, The City of Fayetteville and Contractor agree that as liquidated damages for City of Fayetteville Bid 12-23, Construction — Frisco Trail Repair Page 2 of DOCUMENT 00500 — AGREEMENT (continued) delay (but not as a penalty) Contractor shall pay The City of Fayetteville Two Hundred Dollars ($200.00) for each calendar day that expires after the time specified above in Paragraph 3.02 for Substantial Completion until the Work is Substantially Complete. After Substantial Completion, if Contractor shall neglect, refuse, or fail to complete the remaining Work within the time specified in Paragraph 3.02 for completion and readiness for final payment or any proper extension thereof granted by The City of Fayetteville, Contractor shall pay The City of Fayetteville Two Hundred Dollars ($200.00) for each calendar day that expires after the time specified for completion and readiness for final payment. ARTICLE 4 - CONTRACT PRICE 4.01 The CITY OF FAYE 1 IEVILLE agrees to pay, and the CONTRACTOR agrees to accept, as full and final compensation for all work done under this agreement, the amount based on the prices bid in the Proposal (BID FORM) which is hereto attached, for the actual amount accomplished under each pay item, said payments to be made in lawful money of the United States at the time and in the manner set forth in the Specifications. 4.02 As provided in the General Conditions estimated quantities are not guaranteed, and determinations of actual quantities and classifications are to be made by ENGINEER as provided in the General Conditions. Unit prices have been computed as provided in the General Conditions. 4.03 Changes, modifications, or amendments in scope, price or fees to this contract shall not be allowed without a prior formal contract amendment approved by the Mayor and the City Council in advance of the change in scope, cost or fees. ARTICLE 5 - PAYMENT PROCEDURES 5.01 SUBMITTAL AND PROCESSING OF PAYMENTS: A. Contractor shall submit Applications for Payment in accordance with the GENERAL CONDITIONS. Applications for Payment will be processed by Engineer as provided in the GENERAL CONDITIONS. City of Fayetteville Bid 12-23, Construction — Frisco Trail Repair Page 3 of 9 DOCUMENT 00500 — AGREEMENT (continued) 5.02 PROGRESS PAYMENTS, RETAINAGE: A. The City of Fayetteville shall make progress payments on account of the Contract Price on the basis of Contractor's Applications for Payment as recommended by Engineer, on or about the 15th day of each month during construction. All such payments will be measured by the schedule of values established in the GENERAL CONDITIONS (and in the case of Unit Price Work based on the number of units completed) or, in the event there is no schedule of values, as provided in the General Requirements. Prior to Substantial Completion, progress payments will be made in an amount equal to the percentage indicated below, but, in each case, less the aggregate of payments previously made and less such amounts as Engineer shall determine, or The City of Fayetteville may withhold, in accordance with the GENERAL CONDITIONS. a. 90% of Work Completed (with the balance being retainage). If Work has been 50% completed as determined by Engineer, and if the character and progress of the Work have been satisfactory to The City of Fayetteville and Engineer, The City of Fayetteville on recommendation of Engineer, may determine that as long as the character and progress of the Work subsequently remain satisfactory to them, there will be no additional retainage on account of Work subsequently completed, in which case the remaining progress payments prior to Substantial Completion will be an amount equal to 100% of the Work Completed less the aggregate of payments previously made; and b. 100% of Equipment and Materials not incorporated in the Work but delivered, suitably stored, and accompanied by documentation satisfactory to The City of Fayetteville as provided in the GENERAL CONDITIONS. 2. Upon Substantial Completion, The City of Fayetteville shall pay an amount sufficient to increase total payments to Contractor to 95% of the Contract Price (with the balance being retainage), less such amounts as Engineer shall determine, or The City of Fayetteville may withhold, in accordance with the GENERAL CONDITIONS. City of Fayetteville Bid 12-23, Construction — Frisco Trail Repair Page 4 of 9 DOCUMENT 00500 — AGREEMENT (continued) 5.03 FINAL PAYMENT: A. Upon final completion and acceptance of the Work in accordance with the GENERAL CONDITIONS, The City of Fayetteville shall pay the remainder of the Contract Price as recommended by Engineer and as provided in the GENERAL CONDITIONS. ARTICLE 6 - CONTRACTOR'S REPRESENTATIONS 6.01 In order to induce The City of Fayetteville to enter into this Agreement, Contractor makes the following representations: A. Contractor has examined and carefully studied the Contract Documents including the Addenda and other related data identified in the Bid Documents. B. Contractor has visited the Site and become familiar with and is satisfied as to the general, local, and Site conditions that may affect cost, progress, performance, and furnishing of the Work. C. Contractor is familiar with and is satisfied as to all federal, state, and local Laws and Regulations that may affect cost, progress, performance, and furnishing of the Work. D. Contractor has carefully studied all: (1) reports of explorations and tests of subsurface conditions at or contiguous to the Site and all drawings of physical conditions in or relating to existing surface or subsurface structures at or contiguous to the Site; and (2) reports and drawings of a Hazardous Environmental Condition, if any, at the Site. Contractor acknowledges that The City of Fayetteville and Engineer do not assume responsibility for the accuracy or completeness of information and data shown or indicated in the Contract Documents with respect to Underground Facilities at or contiguous to the Site. E. Contractor has obtained and carefully studied (or assumes responsibility of having done so) all such additional supplementary examinations, investigations, explorations, tests, studies, and data concerning conditions (surface, subsurface, and Underground Facilities) at or contiguous to the Site or otherwise which may affect cost, progress, performance, and furnishing of the Work or which City of Fayetteville Bid 12-23, Construction — Frisco Trail Repair Page 5 of 9 DOCUMENT 00500 — AGREEMENT (continued) relate to any aspect of the means, methods, techniques, sequences, and procedures of construction to be employed by Contractor and safety precautions and programs incident thereto. F. Contractor does not consider that any additional examinations, investigations, explorations, tests, studies, or data are necessary for the performing and furnishing of the Work at the Contract Price, within the Contract Times, and in accordance with the other terms and conditions of the Contract Documents. G. Contractor is aware of the general nature of work to be performed by The City of Fayetteville and others at the Site that relates to the Work as indicated in the Contract Documents. H. Contractor has correlated the information known to Contractor, information and observations obtained from visits to the Site, reports and drawings identified in the Contract Documents, and all additional examinations, investigations, explorations, tests, studies, and data with the Contract Documents. I. Contractor has given Engineer written notice of all conflicts, errors, ambiguities, or discrepancies that Contractor has discovered in the Contract Documents and the written resolution thereof by Engineer is acceptable to Contractor. J. The Contract Documents are generally sufficient to indicate and convey understanding of all terms and conditions for performance and furnishing of the Work. ARTICLE 7 - CONTRACT DOCUMENTS 7.01 CONTENTS: A. The Contract Documents which comprise the entire Agreement between The City of Fayetteville and Contractor concerning the Work consist of the following and may only be amended, modified, or supplemented as provided in the GENERAL CONDITIONS: 1. This Agreement. 2. Exhibits to this Agreement (enumerated as follows): a. Notice to Proceed. City of Fayetteville Bid 12-23, Construction --- Frisco Trail Repair Page 6 of 9 DOCUMENT 00500 — AGREEMENT (continued) b. Contractor's Bid. e. Documentation submitted by Contractor prior to Notice of Award. 3. Performance, Payment, and other Bonds. 4. General Conditions. 5. Supplementary Conditions. 6. Specifications consisting of divisions and sections as listed in table of contents of Project Manual. 7. Drawings consisting of a cover sheet and sheets as listed in the table of contents thereof, with each sheet beating the following general title: FRISCO TRAIL REPAIR 8. The following which may be delivered or issued after the Effective Date of the Agreement and are not attached hereto: All Written Amendments and other documents amending, modifying, or supplementing the Contract Documents pursuant to the GENERAL CONDITIONS. ARTICLE 8 - MISCELLANEOUS 8.01 TERMS: A. Terms used in this Agreement which are defined in the GENERAL CONDITIONS shall have the meanings stated in the GENERAL CONDITIONS. 8.02 ASSIGNMENT OF CONTRACT: A. No assignment by a party hereto of any rights under or interests in the Contract Documents will be binding on another party hereto without the written consent of the party sought to be bound; and specifically but without limitation, moneys that may become due and moneys that are due may not be assigned without such consent (except to the extent that the effect of this restriction may be limited by Law), and unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under the Contract Documents. City of Fayetteville Bid 12-23, Construction — Frisco Trail Repair Page 7 of 9 DOCUMENT 00500 —AGREEMENT (continued) 8.03 SUCCESSORS AND ASSIGNS: A. The City of Fayetteville and Contractor each binds himself, his partners, successors, assigns, and legal representatives to the other party hereto, its partners, successors, assigns, and legal representatives in respect to all covenants, agreements, and obligations contained in the Contract Documents. 8.04 SEVERABILITY: A. Any provision or part of the Contract Documents held to be void or unenforceable under any Law or Regulation shall be deemed stricken, and all remaining provisions shall continue to be valid and binding upon The City of Fayetteville and Contractor, who agree that the Contract Documents shall be reformed to replace such stricken provision or part thereof with a valid and enforceable provision that comes as close as possible to expressing the intention of the stricken provision. 8.05 FREEDOM OF INFORMATION ACT: A. City contracts and documents prepared while performing city contractual work are subject to the Arkansas Freedom of Information Act. If a Freedom of Information Act request is presented to the City of Fayetteville, the contractor will do everything possible to provide the documents in a prompt and timely manner as prescribed in the Arkansas Freedom of information Act (A.C.A. §25-19-101 et. seq.). Only legally authorized photocopying costs pursuant to the FOIA may be assessed for this compliance. OTHER PROVISIONS: Not Applicable. IN WITNESS WHEREOF, The City of Fayetteville and Contractor have signed this Agreement in quadruplicate. One counterpart each has been delivered to Contractor and Engineer. Two counterparts each has been delivered to The City of Fayetteville. All portions of the Contract Documents have been signed, initialed, or identified by The City of Fayetteville and Contractor or identified by Engineer on their behalf. City of Fayetteville Bid 12-23, Construction — Frisco Trail Repair Page 8 of 9 DOCUMENT 00500 — AGREEMENT (continued) This Agreement will be effective on Agreement. PRIME CONTRACTING, INC. Name Written: Q iSbn Signature: �C•0 . C/ Title: ilte5;derk Attest P14 (SEAL) Address for giving notices `-?D Box 71!°t e u�1�c Mn, (06731` License No. (gc°$ C¢ Igo q Agent for Service of process (If Contractor is a corporation, attach evidence of authority to sign.) END OF DOCUMENT 00500 City of Fayetteville Bid 12-23, Construction — Frisco Trail Repair Page 9 of 9 , 20 j which is the Effective Date of the CITY OF FAYETTEVILLE, ARKANSAS Name Written: oneld Jord Signa Title: Ma (SEAL) Attestlanatux.., Address for giving notices 113 W. Mountain Street ``1„p1' I I u,,varr ••&q..; V� ¢ ¢ ° ¢ d• l3/�ppp o • ;23 FE FAYETfEVILLE Fayetteville AR. 72701 (attach evidence of authority to sign and resolution or other documents authorizing execution of Agreement) Approved o ' orm•, By: Attorney For: CORPORATE AUTHORIZATION RESOLUTION Liberty Bank By:PRIME CONTRACTORS INC National PO BOX 84 4625 S. National CLEVER,MO 65631 Springfield,M0 65804 Referred to in this document as "Financial Institution" Referred to in this document as "Corporation" I, SCOTT OLSON , certify that I am Secretary (clerk) of the above named corporation organized under the laws of MISSOURI Federal Employer I.D. Number 43-1733294 , engaged in business under the trade name of PRIME CONTRACTORS INC , and that the resolutions on this document are a correct copy of the resolutions adopted at a meeting of the Board of Directors of the Corporation duly and properly called and held on 9/21/2007 (date). These resolutions appear in the minutes of this meeting and have not been rescinded or modified. AGENTS Any Agent listed below, subject to any written limitations, is authorized to exercise the powers granted as indicated below: Name and Title or Position Signature Facsimile Signature (if used) A. SCOTT OLSON X4:Vv 41,6"...._ x B. X X C. X X D. X X E. X X F. X X POWERS GRANTED (Attach one or more Agents to each power by placing the letter corresponding to their name in the area before each power. Following each power indicate the number of Agent signatures required to exercise the power.) Indicate A, B, C, D, E, and/or F Description of Power (1) Exercise all of the powers listed in this resolution. A (2) Open any deposit or share accounts) in the name of the Corporation. A (3) Endorse checks and orders for the payment of money or otherwise withdraw or transfer funds on deposit with this Financial Institution. A (4) Borrow money on behalf and in the name of the Corporation, sign, execute and deliver promissory notes 1 or other evidences of indebtedness. (5) Endorse, assign, transfer, mortgage or pledge bills receivable, warehouse receipts, bills of lading, stocks, bonds, real estate or other property now owned or hereafter owned or acquired by the Corporation as security for surns borrowed, and to discount the same, unconditionally guarantee payment of all bills received, negotiated or discounted and to waive demand, presentment, protest, notice of protest and notice of non-payment. (6) Enter into a written lease for the purpose of renting, maintaining, accessing and terminating a Safe Deposit Box in this Financial Institution. (7) Other indicate number of signatures required 1 1 LIMITATIONS ON POWERS The following are the Corporation's express limitations on the powers granted under this resolution. EFFECT ON PREVIOUS RESOLUTIONS This resolution supersedes resolution dated CERTIFICATION OF AUTHORITY I further certify that the Board of Directors of the Corporation has, and at the time of adoption of this adopt the resolutions on page 2 and to confer the powers granted above to the persons named who the same. (Apply seal below where appropriate.) 0 if checked, the Corporation is a non-profit corporation. In Witness Whereof, 1 have subscribed of the Corporation on If not completed, all resolutions remain in effect. resolution had, full power and lawful authority to have full power and lawful authority to exercise my name to this document and affixed the seal Attest by One Other Officer M 1ee5, 1997 Bankers Systems, Inc., St. Cloud, MN Form CA•1 5/1/2003 9[211 (page 1 of 2) I111YWIVIVMMMI011111111111111IllYINWI111 Doc ID 014820380005 Type LIE Kind PERFORMANCE BOND Recorded: 06/04/2012 at 09:41:05 AM Fee Amt: $35.00 Paae 1 of 5 Washington County. AR Bette Stamps Circuit Clerk FileB031-00000228 PERFORMANCE BOND Conforms with The American Institute of Architects AI.A document No. A-311 KNOW ALL BY THESE PRESENTS: that Prime Contracting, Inc. P.O. Box 744 Republic, MO. 65738 11-12 Bond No. S413138 (Here insert full name and address or legal title of Contractor) as Principal, hereinafter called Contractor, and, Employers Mutual Casualty Company (Here insert full name and address or legal title of Surety) P.O. Box 712 Des Moines, IA. 50303-0712 (515) 280-2511 as Surety, hereinafter called Surety, are held and firmly bound unto City of Fayetteville, Arkansas (Here insert full name and address or legal title of Owner) 113 W. Mountain Street Fayetteville, AR. 72701 as Obligee, hereinafter called Owner, in the amount of One Hundred Sixty Eight Thousand Seven Hundred Seventy Two and 751100 ' Dollars ($ 168,772.75 ' •)• for the payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, Contractor has by written agreement dated with Owner for Frisco Trail Repair Fayetteville, Arkansas April 17 , 2012 , entered into a contract in accordance with Drawings and Specifications prepared by NIA (Here insert full name, address and description of project) (Here insert full name and address or legal title of Architect) which contract is by reference made a part hereof, and is hereinafter referred to as the Contract S-12191GEEF 10!99 Page 1 of 2