HomeMy WebLinkAboutOrdinance 4182 J
ORDINANCE NO.
AN ORDINANCE ACCEPTING THE BID OF R. W. GIBBINS, INC.
FOR THE CONSTRUCTION OF CERTAIN STREET IMPROVEMENTS TO
CERTAIN STREETS WITHIN THE LIMITS AND IN THE UNITS
CREATED AND DEFINED BY ORDINANCES ENACTED BY THE CITY
COUNCIL OF THE CITY OF FORT WORTH ON THE FOLLOWING
DATES: FEBRUARY 14, 1958 AND JUNE 26, 1959; AND ACCEPT-
ING THE BID OF FIRST OF TEXAS CORPORATION TO ACT AS
FISCAL AGENT OF THE CITY IN CONNECTION WITH SUCH
IMPROVEMENTS; AUTHORIZING AND INSTRUCTING THE CITY
MANAGER TO ENTER INTO A CONTRACT WITH R. W. GIBBINS,
INC. FOR THE CONSTRUCTION OF SAID IMPROVEMENTS;
AUTHORIZING AND INSTRUCTING THE CITY MANAGER TO ENTER
INTO A CONTRACT WITH FIRST OF TEXAS CORPORATION
EMPLOYING SAID CORPORATION TO ACT AS FISCAL AGENT FOR
THE CITY; APPROPRIATING FUNDS FOR THE PURPOSE OF
SATISFYING SAID CONTRACTS; MAKING OTHER FINDINGS AND
DETERMINATIONS AND ENACTING OTHER PROVISIONS INCIDENT
AND RELATING TO THE SUBJECT; AND PROVIDING THAT THIS
ORDINANCE SHALL TAKE EFFECT IMMEDIATELY.
WHEREAS, the City Council of the City of Fort Worth has
heretofore by ordinances duly passed and enacted on February 14,
1958 and June 26, 1959, determinined and declared the necessity for
and ordered the improvement of the hereinafter described streets
and avenues or portions thereof of the City of Fort Worth, within
the limits and in the units created and defined by said ordinances,
and has determined to assess a portion of the cost of the improve-
ments against the properties abutting the streets and avenues or
portions thereof to be improved and against the real and true
owners thereof, said streets and avenues or portions thereof being
described as follows, to-wit:
WHEREAS, the Public Works Director (City Engineer) has
caused to be prepared plans and specifications for the construc-
tion of the improvements to said streets and avenues or portions
thereof; and
WHEREAS, the City Council has by ordinances duly enacted
approved such plans and specifications, and ordered the City Sec-
retary to advertise for sealed bids; and
WHEREAS, due advertisement has been made that sealed
bids would be received in the office of the. City Secretary in the
City Hall in the City of Fort Worth until 10:00 AM, July 30, 1959,
for the construction of the aforementioned improvements and for
the furnishing of certain fiscal agency services to said City in
the event the City should determine to employ a fiscal agent; and
WHEREAS, the date for the receipt of bids was reset for
August 6, 1959, by Addendum No. 1 to the Specifications and Con-
tract Documents; and
WHEREAS, pursuant to such advertisement for bids, and
pursuant to such Addendum No. 1 to the Specifications and Con-
tract Documents, all bids were duly received in the office of the
City Secretary of the City of Fort Worth, and at 10:00 AM, August
6, 1959, publicly opened and read aloud; and
WHEREAS, after careful consideration of all bids re-
ceived, the City Council now finds that the bid of R. W. GIBBINS,
INC., a corporation duly incorporated under the laws of the State
of Texas, with its principal place of business in the City of
Fort Worth, Tarrant County, Texas, which submitted a bid on pro-
posal No. 2, when taken into consideration with the proposal of
FIRST OF TEXAS CORPORATION to act as the City's Fiscal Agent, is
the most advantageous bid for the City to accept, and that R. W.
GIBBINS, INC. and FIRST OF TEXAS CORPORATION are both responsible
,parties, and that R. W. GIBBINS, INC. is the lowest and best bid-
der on the cash basis and that said bid is fair and reasonable,
and that FIRST OF TEXAS CORPORATION, a corporation duly incorpor-
ated under the laws of the State of Texas, with its principal
place of business in the City of San Antonio, Bexar County, Texas,
is the lowest and best bidder on the proposed fiscal agency con-
tract and that its proposal is fair and reasonable; and that said
company has satisfied both the City and R. W. GIBBINS, INC. of its
financial responsibility; and that under such combined bids, the
total cost of the improvements will be substantially less than the
cost of such improvements would be if the lowest and best bid on
the Bid No. 1 bid prices were to be accepted; and
WHEREAS, it is now the desire of the City Council to
accept the bid of R. W. GIBBINS, INC. at and for the prices bid
under its Bid No. 2 proposal ,B A S E B VD); and to also accept
the bid of FIRST OF TEXAS CORPORATION to act as Fiscal Agent of
said City and to authorize the execution of contracts in conformity
therewith, and to make and provide for the appropriation of funds
to pay the City's costs arising under such contracts; and
WHEREAS, said proposal of R. W. GIBBINS, INC. reads as
follows, to-wit:
Within ten (10) days of receipt of notice of acceptance
of this Bid, the undersigned will execute the formal Fiscal Agent's
contract. The attached Certified or Cashier's Check in the sum of
$10,000.00 is to become the property of the City in the event the
Contract is not executed within the time set forth as liquidated
damages for delay and additional work caused thereby.
S E A L RESPECTFULLY SUBMITTED,
FIRST OF TEXAS CORPORATION
By /s/ W. W. Payne
President
Address Suite 604,
Petroleum Commerce Bldg.
San Antonio, Texas
NOW, THEREFORE:
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH:
Section 1
That the bid of R. W. GIBBINS, INC. on its Bid No. 2
proposal (casn basis)(Base Bid) is hereby accepted, and the City
Manager of the City of Fort Worth is hereby authorized and directed
to enter into a contract, and the City Secretary is authorized to
affix the seal of the City thereto and attest same, with said R. W.
GIBBINS, INC., based upon said bidder's Bid No. 2 proposal (cash
basis)(Base Bid), which contract shall be in words and figures as
set forth in the contract documents, heretofore approved.by the
City Council of the City of Fort Worth.
Section 2
That said contract, after it has been executed by the
City Manager of the City and attested by the City Secretary, and
after said R. W. GIBBINS, INC. nas executed same, shall be sub-
mitted to this City Council, together with the 100% performance
bond and payment bond furnished by said R. W. GIBBINS, INC. for
ratification and approval.
Section 3
That the City Manager of the City of Fort Worth is nereby
authorized to enter into a contract, and the City Secretary is
authorized to affix the seal of the City thereto and attest same,
with FIRST OF TEXAS CORPORATION, which contract shall be in words
and figures as set forth in the contract documents, neretofore
approved by the City Council of the City of Fort Worth.
Section 4
That it appearing that the Director of Finance has cer-
tified to the City Council that the money hereinafter appropriated
is in the Treasury to the credit of the funds set forth below and
J
has not been appropriated for any other purpose, the sum of
*8o,000.oo shall be and it is hereby appropriated out of such
unappropriated monies in the Street Improvement Fund for the pur-
pose of satisfying all amounts which the City will be obligated
to pay to said R. W. GIBBINS, INC. on said construction contract
and the sum of $$o,000.00is hereby appropriated out of such un-
appropriated monies in the Street Improvement Fund for the purpose
of satisfying all amounts which the City will be obligated to pay
to said FIRST OF TEXAS CORPORATION on said fiscal agency contract.
_The appropriations hereby made shall be reflected on the proper
books and records of the City and such appropriated monies shall
be used for no other purpose until the final amounts due to R. W.
GIBBIN$, INC. and to FIRST OF TEXAS'CORPORATION have been paid
and satisfied and any balance of the money hereby appropriated
then remaining may become and shall be available for further use
and appropriation for the purpose for which said monies were
originally budgeted into such fund.
Section 5
That the Public Works Director (City Engineer) and the
City's Fiscal Agent shall immediately begin the preparation of a
property owners' roll and of an Engineer's estimate of costs of
the street improvements in each unit, and an estimate of the cost
of such improvements in each unit on a front foot basis, which
said property owners' roll and estimate shall be submitted to the
City Council as soon as reasonably possible.
Section 6
That this ordinance shall take effect and be in full
force and effect from and after the date of its passage, and it
is so ordained.
APPRO. D AS TO FORM AND LEGALITY:
P rt 6 t!Ci y Attorney
WM
UNIT STREET OR AVENUE FROM TO
1 Elgin Street Easterly line of Westerly line of
Amanda Street Stalcup Road
2 Stalcup Road Southerly line of Southerly line of
Cottey Street to the Ramey Street to the
East East
3 May Street Northerly line of Southerly line of
Bewick Street Lot 5, Block 34,
Ryan-Pruitt Addition
4 Baldwin Street Northerly line of Southerly line of
West Dickson Street West Butler Street
5 Baltimore Street Westerly line of Westerly line of
Yuma Street Delaware Street
6 Townsend Drive Northerly line of Northerly line of
West Berry Street West Bowie Street
7 Townsend Drive Northerly line of Northerly line of
West Cantey Street McPherson Street
8 Cantey Street Easterly line of Westerly line of
New York Avenue Mississippi Avenue
9 Forbes Street Easterly line of Westerly line of
Sydney Street Rufus Street
10 Fairfax Avenue Easterly line of Westerly line of
Shackleford Street Trentman Street
11 Lois Street Easterly line of Easterly line of
Bishop Street Little Street
12 Avenue "H" Westerly line of Westerly line of
Lloyd Street Edgewood Terrace
13 Avenue "M" Westerly line of Westerly line of
Lloyd Street Edgewood Terrace
14 Avenue "M" Westerly line of Easterly line of
Schmidt Street Miller
15 Donnelly Avenue Easterly line of Easterly line of
Littlepage Street Halloran Street
16 Donnelly Avenue Easterly line of Westerly line of
Halloran Street Horne Street
17 Humbert Avenue Westerly line of Easterly line of
Bourine Street Hervie Street
18 Farnsworth Avenue Westerly line of Westerly line of
Bourine Street Hervie Street
19 Lovell Avenue Easterly line of Easterly line of
Horne Street Faron Street
UNIT STREET OR AVENUE FROM TO
20 Locke Avenue Easterly line of Easterly line of
Prevost Street Hervie Street
21 West Roberts Easterly line of Westerly line of
Street Ryan Avenue Willing Avenue
22 Marquita Street Northerly line of Southerly line of
US Highway 80 Slocum Avenue
23 Byron Street Southerly line of Southerly line of
Rockwood Drive Blackstone Drive
Blackstone Drive Westerly line of Easterly line of
(An off-set in Byron Street to the Byron Street to the
Byron Street) South North
Byron Street Northerly line of Southerly line of
Blackstone Drive Deering Drive
24 Lulu Street Southerly line of Southerly line of
Maydell Avenue Eva Street
25 South Main Street Northerly line of Northerly line of
Butler Street Ripy Street
26 Routt Street Easterly line of Easterly line of
Hunter Street Milam Street
27 Hendricks Street Northerly line of Southerly line of
Avenue "G" East Rosedale
28 Avenue "G" Easterly line of Westerly line of
Mitchell Boulevard Hawkins Street
� r
P R O P O S A L
TO: Mr. L. P. Cookingham Fort Worth, Texas
City Manager ' July 30, 1959
Fort Worth, Texas
FOR: CONSTRUCTION OF 'ASSESSMENT PAVING ON VARIOUS STREETS AT
26 LOCATIONS IN THE CITY OF FORT WORTH, TEXAS AP -
Pursuant to the foregoing "Notice to Bidder, " the under-
signed has thoroughly examined the Plans, Specifications, and the
Site, understands the amount of work to be done, and hereby pro-
poses to do all the work and furnish all labor, equipment and
materials necessary to fully complete all the work, as provided in
the plans and specifications, and subject to the inspection and
approval of the Public Works Director of the City of Fort Worth
and binds himself on acceptance of this Proposal by the City Coun-
cil to execute a Contract and furnish Performance and Maintenance
Bonds approved by the City of Fort Worth for performing and com-
pleting the said work within the time stated and for the following
sums, to-wit:
PAY APPROXIMATE ITEMS WITH BID PRICES WRITTEN UNIT BID AMOUNT
ITEM QUANTITY IN WORDS PRICE BID
BID NO. 2 (Per Article No. 2 of S ecial Provisions)
Cash Procedure (With Fiscal Agent
Paving Items
2.1 33,650 Cy Unclassified Street Excavation
@ One Dollar per CY $1.00 $33,650.00
2.2 46,650 IF Combined 8" Curb and 2' Gutter
@ One Dollar and Sixty-One
Cents per LF 1.61 75,106.50
2.3 1,990 SF Std. 5" Sidewalk @ Fifty Cents
per SF .50 995.00
2.4 2,434 SF Std. Driveway Approaches @
Sixty Cents per SF .60 1,460.40
2.5 134 IF Concrete Steps @ Two Dollars
per LF 2.00 268.00
2.6 1,000 IF Remove Existing Curb @ Fifteen
Cents per LF .15 150.00
2.7 320 SF Remove Existing Gutter @ Ten
Cents per SF .10 32.00
2.8 2,004 SF Remove Existing Walk @ Ten
Cents per SF .10 200.40
2.9 2,395 SF Remove Existing Driveways @
Ten Cents per SF .10 239.50
2.10 10 IF Remove Existing Steps @ Fifty
Cents per IF .50 5.00
2.11 2,900 SF Std. 21 Gutter @ Seventy-Five
Cents per SF .75 2,175.00
PAY APPROXIMATE ITEMS WITH BID PRICES WRITTEN UNIT BID AMOUNT
ITEM QUANTITY IN WORDS PRICE BID
2.12 625 IF Remove Existing Pipe @ One
Dollar and Sixty-five Cents
per IF $1.65 $1,031.25
Storm Drain Items
2.13 1,900 CY Unclassified Channel Excava-
tion @ One Dollar and Ten
Cents per CY 1.10 2,090.00
2.14 2,100 CY Unclassified Trench Excava-
tion @ One Dollar and Sixty-
five Cents per CY 1.65 3,465.00
2.15 125 CY Unclassified Structural Ex-
cavation @ Three Dollars and
Thirty Cents per CY 3.30 412.50
2.16 270 IF Std. 72" Reinf. Cone. Culv.
Pipe @ Thirty Dollars per LF 30.00 8,100.00
2.17 .80 IF Std, 48!' Reinf. Cone. Culv.
Pipe @ Eighteen Dollars per
IF 18.00 1,440.00
2.18 654 IF Std. 42" Reinf. Cone. Culv.
Pipe @ Thirteen Dollars and
Sixty Cents per IF 13.60 8,894.40
2.19 60 IF Std. 27" Reinf. Cone. Culv.
Pipe @ Seven Dollars and
Ninety Cents per LF 7.90 474.00
2.20 120 IF Std. 24" Reinf. Cone. Culv.
Pipe @ Seven Dollars per IF 7.00 840.00
2.21 200 IF Std. 21" Reinf. Cone. Culv.
Pipe @ Six Dollars and
Thirty Cents per IF 6.30 1,260.00
2.22 1 Each Std. 5' Square Manhole @
Seven Hundred Forty-Two
Dollars per each 742.00 742.00
2.23 8 Each Std. 10' Reinf. Cone. Inlets
@ Two Hundred Fifty Dollars
per each 250.00 2,000.00
2.24 7 Each Double 10' Reinf. Cone.
Inlets @ Five Hundred Eight
Dollars per each 508.00 3,556.00
2.25 48 CY Structural Concrete @ Sixty
Nine Dollars per CY 69.00 3,312.00
2.26 9,400 Lb Reinf. Steel @ Twenty-one
Cents per Lb .21 1,974.00
PAY APPROXIMATE ITEMS WITH BID PRICES WRITTEN UNIT BID AMOUNT
ITEM QUANTITY IN WORDS PRICE BID
2.27 32 CY Reinf. Cone. Apron @ Fifty
Eight Dollars and Thirty Cents
per CY $58.30 $1,865.60
2.28 10 Each Timber Posts @ Eight Dollars
and Twenty-Five Cents per
each 8.25 82.50
2.29 Lump Sum Remove Existing Culvert on
Stalcup Road @ One Thousand
Sixty Dollars per L S 1,060.00 1,060.00
2.30 Lump Sum Remove portions of Exist.
Culv. on Elgin Street @ One
Thousand Sixty Dollars per
L S 1,060.00 1,060.00
Sub-total Bid No. 2 157,941.05
ALTERNATE TYPES OF PAVEMENT
Base Bid
2.31 84,900 SY 1j" Hot Mix Asph. Cone. Surf.
@ Sixty-five Cents per SY .65 55,185.00
2.32 84,900 SY 71" Crusher-run Crushed Lime-
stone Base @ One Dollar and
Twenty-two Cents per SY 1.22 103,578.00
Total Project Cost (Bid No. 2), Base Bid
(Items 2.31 and 2.32 and Sub-total) 316,704.05
Alternate No. 1
2.31 84,900 SY 11" Hot Mix Asph. Cone. Surf. - No Bid -
2.33 84,900 SY 7" Cement Stabilized Base - No Bid -
Alternate No. 2
2.34 84,900 SY 6" Reinf. Cone. Pavement - No Bid -
Alternate No. 3
2.31 84,900 SY 1i" Hot Mix Asph. Cone. Surf. - No Bid -
2.35 84,900 SY 5" Reinf. Cone. Base - No Bid -
Alternate No. 4
2.31 84,900 SY 11" Hot Mix Asph. Cone. Surf.
@ Sixty-five Cents per SY .65 55,185.00
2.36 84,900 SY 2" Hot Mix Asph. Cone. Binder
@ Eighty Cents per SY .80 67,920.00
2.37 84,900 SY 5f Crusher-run Crushed Lime-
stone Base @ Eighty-nine Cents
per SY .89 75,561.00
Total Project Cost (Bid No. 2), Alternate No. 4
(Items 2.31, 2.36 and 2.37 and Sub-total) $356,607.05
The undersigned agrees to complete all work covered by these Contract
Documents within 20Q working days from and after the date for com-
mencing work as set forth in the written Work Order to be issued by
the Owner.
Within ten (10) days of receipt of notice of acceptance of this Bid,
the undersigned will execute the formal contract and will deliver
approved Surety Bonds for the faithful performance and maintenance of
this Contract. The attached deposit check in the sum of ------ is to
become the property of the City of Fort Worth, Texas, or the attached
Bidder's Bond is to be forfeited, in the event the Contract and Bonds
are not executed within the time set forth as liquidated damages for
delay and additional work caused thereby.
RESPECTFULLY SUBMITTED,
R. W. GIBBINS, INC.
By
WHEREAS, -said proposal of FIRST OF TEXAS CORPORATION reads
as follows, to-witt
PROPOSAL
TO: Mr. L. P. Cookingham Fort Worth, Texas
City Manager July 30, 1959
Fort Worth, Texas
FOR: FURNISHING FISCAL AGENT'S SERVICES FOR CONSTRUCTION OF
ASSESSMENT PAVING ON VARIOUS STREETS AT 28 LOCATIONS IN
THE CITY OF FORT WORTH, TEXAS (AP59-17)
Pursuant to the foregoing Notice to Bidders, the under-
signed hereby agrees to perform all the services of a Fiscal Agent
under Article No. 2 (Paragraph 11-B) of the Special Provisions in-
corporated into the contractual documents of the above project for
a fee of -13.5 per cent of the final contract cost of the completed
street improvements in all Units, based on the Engineer's Final
Estimate of completed quantities for such Units. Should the City's
share of the construction and Fiscal Agent's contract costs fall
below 40%. the Fiscal Agent's fee shall increase"by the same per-
centage as the percentage difference between the estimated City's
participation percentage and the actual lesser participation per-
centage, as follows:
CITY'S SHARE OF COST FISCAL AGENT'S FEE
40% (Estimated) 13.5% (Base Bid)
16
2� 20.25%%
Should the City's participation fall between the above, the amount
of the Fiscal Agent's Fee shall be interpolated. The City's share
of the cost shall be considered as being the actual amount paid by
it to the construction contractor and the actual amount paid by it
to the Fiscal Agent.
01'r'l OF FORT WORTH cc — Mr. Cookingham
' TEXAS Mr. Morphis
T=:E "UBJECT MATTER Of THIS CITY TTv ®F FORT WORTH TH Mr. Then
M. & C. C. WAS PRESENTED 1 �d
TO THE CITY COUNCIL TEXAS
SEE...11-1 P--------•i9-----
ACTI O N
9!(APPR[3VE10CE OF THE CITY MANAGER Communication to Mayor and Council No.PW9-39
❑ DISAP ROVED
Q D FFE ED >
n September II , 1959
- -----.
yor and
❑ R EFFE R embe the City Council
------..................
.City.•of_„_.or Worth Re: Assessment Paving on Various
Streets at-28 Locations
------------- ---------- --------......... (AP 59-17) , Project No. 94-
134-5
Mrs. McKnight and Gentlemen:
The City Council on June 26, 1959, adopted Ordinance No. 4148 approving
Specifications and authorizl.ng the receipt of bids for the assessment pav-
ing of various residential -stre- ets at-28 locations over the city, and
approved Appropriation Requests- totaling_$203,500 to provide fior the City's
portion of the cost of the paving and storm drain construction. Bids were
,requested on the usual residential paving alternates, which are:
Base Bid: 11,1/2 inch hot mix asphaltic concrete surface on
7-1/2 inch crusher-run crushed limestone base
Alternate No. l : 1-1/2 inch hot mix asphaltic concrete surface on 7-
inch cement stablized gravel base
Alternate No. 2: 6-inch reinforced concrete pavement
Alternate No. 3: 1-1/2 inch hot mix asphaltic concrete surface on
5-inch reinforced concrete base
Alternate No. 4: 1-1/2 inch hot mix asphaltic concrete surface on
1-1/2 inch hot mix asphaltic concrete binder and
5-1/2 inch crusher-ruin crushed limestone base
Bids were requested on the following bases:
Bid No. I with the Contractor to do the work on the regular assessment
basis, furnishing assessment rolls and accepting the assessment certifi-
cate upon completion of the project;
Bid No. 2 with the contractor to be responsible only for the construc-
tion of the paving, provided a Fiscal Agent would bid to perform the
assessment work.
Fiscal Agent's Bid for performing Assessment Work.
M & C # PW9-39
Septeinber 1 1 , 1959
Page 2
Bids were received on August 6, 1959, with only one bidder submitting a
bid on the project on the basis of Bid No. 1 , which is as follows:
Base Bid Alt. Alt. Alt. Alt.
No. I No. 2 No. 3 No. 4
Texas Bitulithic Co. $383,445.30 NO BID
The following bids were received on the project on the basis of Bid No. 2:
Base Bid Alt. A-it. Alt. Alt.
No. I No. 2 No. 3 No. 4
R. W. Gibbins, Inc. 316,704.05 No Bid No Bid No Bid $356,607.05
Lewis and Lewis 332, 195.20 No Bid No Bid No Bid No Bid
Glade Const. Co. 347, 188.60 No Bid No Bid No Bid $389,638.60
Worth Const. Co. No Bid $387,161 . 13 $510,266. 13 " No Bid
The First of Texas Corporation, San Antonio, Texas, submitted the only bid
for furnishing Fiscal Agent's services, as follows:
CITY'S SHARE OF COST FISCAL AGENT'S FEE
40 percent or more 13.5% of Contract Cost
30 percent 16.875%
20 percent 20.25%
It is estimated that the City's share of the cost will be 40 percent'of the
contract costs, and on the basis of the low construction bid of R. W.
Gib-bins, Inc., for the bate ,bid paving alternate, the Fiscal Agent's fee
will be approximately $42,755.05. After evaluation of the lowest bids by
each contractor and adding the Fiscal Agent's fee of bidding is as follows:
Amount of Bid 13.5% of Bid TOTAL
No. 2
I . R. W. Gibbins, Inc. $316,704.05 $42,755.05 $359,459. 10
2. Lewis and Lewis 332, 195.20 44,846.35 377,041 .55
3. Texas Bitulithic Co.
(Bid No. 1) 383,455.30 -- 383,445.30
4. Glade Construction Co. 347, 188.60 46,870.46 394,059.06
5. Worth Construction Co. 387, 161 . 13 52,266.75 439,427.88
z
y
T M & C #' 'PW9-39
September 11 , 1959
Page 3
On this basis, the City's portion of the cost of the lowest bid with the
Fiscal Agent's fee included will be approximately $ 127,329.38 and the
property owners will be assessed approximately $232, 129.72.
R, W. Gibbins, Inc., and First of Texas Corporation have satisfied the pre-
quaiification requirements and it is 'recommended that an Ordinance be
adopted awarding the following contracts:
Construction of assessment paving on various streets at 28 locations,
to R. W. Gibbins, Inc., on their low bid on Bid No. 2 basis of
$316,704.05.
Fnr" ihing Fiscal Agent's services to-First of Texas Corporation on its
bU 14f `�'fj :S�Veftsfit;-of the construction contract cost, amounting to
approximately $42,755.05.
Sufficient funds are available in the project for the City's portion of the
cost of these contracts.
Respectfully submitted,
LPCiih qL.- P. 00kingha
City Manager