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1988-064CITY OF SOUTHLAKE, TEXAS RESOLUTION 88-64 A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS, ACCEPTING THE LOWEST BID OF $29,050.00 FOR THE CONSTRUCTION OF A METERING MANHOLE TO BE LO- CATED ON BEAR CREEK, SOUTH OF CONTINENTAL PARK ESTATES. AUTHORIZING PAYMENT OUT OF THE EXISTING IMPACT FEES. PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager authorized the advertisement for bids for the construction of a metering manhole; and, WHEREAS, Circle C Construction submitted the lowest bid of 29,050.00 for completion of the project; and, WHEREAS, City Council desires to award the contract to Circle C Construction, as the lowest bidder; and, WHEREAS, City Council desires to finance the project from existing Impact Fees; now, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTH - LAKE, TEXAS, THAT: Section 1. The above premises are found to be true and correct and are incorporated into the body of this resolution as if they are set out in their entirety herei.n. Section 2. The City Council hereby accepts the bid from Circle C Construction, for the construction of a metering manhole to be located on Bear Creek, south of Continental Park Estates, in the amount of $29,050.00. Section 3. If the low bidder is unable to comply with the bonding requirements, the City will then accept the next low qualified bidder. Section 4. The City Council desires to finance the project from existing Impact Fees. Section S. This resolution shall become effective after its passage and adoption by the City 6 ur 1 // / PASSED AND APPROVED THIS THE 19t it ATTAST : Sandra L. Leu City Secretar Jo'! nn c Il. Westerholm Ma)ror of Southlake