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HomeMy WebLinkAboutRes1995-035 , . . Sponsored by: City Manager CITY OF SEWARD, ALASKA RESOLUTION NO. 95-035 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AWARDING A CONTRACT TO CITY ELECTRIC, INC., FOR CONSTRUCTION OF PHASE II OF THE TRANSMISSION LINE PROJECT WHEREAS, the City Council has expressed its desire to proceed with completion of Phase II of the Transmission Line Project; and WHEREAS, the City is currently working with the Municipal Bond Bank to structure a Revenue Bond Sale to supplement remaining project funds to complete the project; and WHEREAS, an invitation for bids for construction of Phase II of the project was publicly advertised on March 24, 1995; and WHEREAS, three pre-qualified bidders responded to the RFP; and WHEREAS, the low bidder was City Electric, Inc., with a total bid of $3,302.578.00; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. A contract for construction of Phase II of the Transmission Line Project in the amount of $3,302,578.00 between the City of Seward and City Electric, Inc., is hereby approved, contingent upon the receipt of sufficient financing to cover the cost of the Project. Section 2. A project contingency account in the amount of $330,257.80 is hereby established for a total Project Budget amount of $3,632.835.80. Section 3. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 24th day of April, 1995. THE CITY OF SEWARD, ALASKA ~ U~, CtVJJY\Q Dave W. Crane, Mayor ./ CITY OF SEWARD, ALASKA RESOLUTION NO. 95-035 AYES: NOES: ABSENT: ABSTAIN: Anderson, Crane, Darling, Deeter, King, O'Brien, Sieminski None None None ATTEST: Q~ .'). -~~N:l.I') I \)Q~~\ Linda S. Murphy, CMC/AAE City Clerk (City Seal)