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RES 2020-15 Adopted RESOLUTION NO. 2020-15 A RESOLUTION AUTHORIZING THE ACCEPTANCE OF THE LOW BID OF REEVES CONSTRUCTION CO. FOR THE LYNNHURST DRAINAGE IMPROVEMENT PROJECT WHEREAS, on March 5, 2020, an Advertisement for Bids for the Lynnhurst Drainage Improvement Project was published on the City's website and in South Carolina Business Opportunities (SCBO); and WHEREAS, on April 2, 2020, four (4) sealed bids were received, publicly opened and read aloud; and WHEREAS, the low bid by Reeves Construction Co. is in the amount of $917,615.00; and WHEREAS, the Mayor and City Council of the City of North Augusta find that the awarding of such bid is in the best interest of the City. NOW THEREFORE, BE IT RESOLVED that the Mayor and City Council of the City of North Augusta, South Carolina, in meeting duly assembled and by the authority thereof that Reeves Construction Co. shall be awarded the contract for the Lynnhurst Drainage Improvements at a bid amount of$917,615.00. BE IT FURTHER RESOLVED that construction contingency funding shall also be provided in the amount of$82,385.00. BE IT FURTHER RESOLVED that the funding sources for this contract shall be as follows: SC RIA Grant $ 300,000.00 Stormwater Utility Fund Previous Years Misc. Drainage Projects $ 500,000.00 Stormwater Utility Fund 2020 Budget Capital Projects $ 116,449.00 Stormwater Utility Fund Unrestricted Fund Balance $ 83,551.00 Total $ 1,000,000.00 BE IT FURTHER RESOLVED that the City Administrator is authorized to execute any documents required for the entering into of this contract. RESOLUTION TO ACCEPT THE LOW BID OF REEVES CONSTRUCTION CO. FOR THE LYNNHURST DRAINAGE IMPROVEMENTS Page 2 DONE,RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA,ON THIS le DAY OF APRIL,2020. /04ti(e/fl Robert A. Pettit, ayor ATTEST: �p Sharon Lamar, City Clerk