BY COUNCILOR STOVER:
RESOLVED, that Letourneau and Sons, Inc., be and hereby is awarded a contract for construction of Morgan Park wastewater collection system for the engineering division in accordance with specifications on its low specification bid of $1,924,936.80, terms net 30, FOB job site,$1,059,922.40 payable out of Sewer Utility Fund 0530 and $865,014.40 payable out of Stormwater Utility Fund 0535, Department/Agency 500, Object 5533.
STATEMENT OF PURPOSE: This resolution will authorize the construction of the Morgan Park Wastewater Collection System by Letourneau and Sons, Inc. for $1,924,936.80 to be paid from Sewer Utility Fund 0530 and Stormwater Utility Fund 0535. Letourneau and Sons was the lowest of the two companies who responded. Bid No. 05-0463; Job No. 0259SN