BY COUNCILOR STOVER:
RESOLVED, that Letourneau & Sons, Inc., be and hereby is awarded a contract for the construction of the Carlton Street reconditioning project for the engineering division in accordance with the specifications on its low specification bid of $253,087.10, terms net 30, FOB job site, payable out of Fund 0411, Department/Agency 035, Object 5530, S.P. 118-194-005 (MTB), City Project No. 0132TR.
STATEMENT OF PURPOSE: This resolution awards a contract to Letourneau & Sons, Inc., for the Carlton Street reconditioning project, from Grand Avenue to Michigan Street, at the low bid amount of $253,087.10. Project to be paid from Fund 0411, Department/Agency 035, Object 5530, City Job No. 0132TR. Letourneau & Sons, Inc., was the lowest bidder of the four companies that responded. The estimated cost of this project was $339,310.25.