BY COUNCILOR STOVER:
RESOLVED, that Letourneau and Sons, Inc., be and hereby is awarded a contract for construction of Superior Street, 38th to 40th avenues West and a rural section of 38th Avenue West from Michigan Street to Superior Street for the engineering division in accordance with specifications on its low specification bid of $393,258.75, terms net 30, FOB job site, payable out of Special Assessment Fund 410 and Department/Agency 038, Object 5530, Project Number SA2005-0427TR.
STATEMENT OF PURPOSE: This resolution will authorize the construction of Superior Street, 38th to 40th avenues West, and a rural section on 38th Avenue West from Michigan Street to Superior Street by Letourneau and Sons, Inc., for $393,258.75 to be paid from Special Assessment Fund 410. Letourneau and Sons was the lowest of the four companies who responded. The estimated cost for this project was $415,000. Bid No. 05-0550; Job No. 0427TR