Loading...
HomeMy WebLinkAboutResolution - 1281 - Contract - LDC Inc - Renovation, Lubbock Neighborhood House - 12_09_1982REd04UT12N 1281 - 12/9/82 JS/mck RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock a contract between the City of Lubbock and Lubbock Development Company, Inc., for the renovation of the Lubbock Neighborhood House, which contract, attached herewith shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 9th day of December ,1982. ALA HENRY, ayor P Tem ATTEST: elyn Gaf ga, City y-Treasurer APPROVED AS TO CONTENT: L. &.W'r Richard Mays, Director of Community Development APPROVED AS TO FORM: !i' �,1Q%LLU v Jq Sherwin, Assistant City Attorney _ RESOLUTION 1281 - 12/9/82 /G�1 �b ��TYSFCPFTARY-TREASL;RFR CONTRACT STATE OF TEXAS COUNTY OF LUBBOCK THIS AGREEMENT, made and entered into this 9th day of December A.D. 19 82, by and between the City of Lubbock, County of Lubbock- Sotat�te of Texas, acting by and through ALAN HENRY , Mayo , t'h�eunto authorized to do so, hereinafter referred to as 6WNER, and Lubbock Development Company, Inc, of the City of Lubbock , County of Lubbock and State of Texas , hereinafter termed CONTRACTOR. WITNESSETH: That for and in consideration of the payments and agreements hereinafter mentioned, to be made and performed by the OWNER and under the conditions expressed in the bond bearing even date herewith (if any) the CON- TRACTOR hereby agrees with OWNER to commence and complete the construction of certain improvements described as follows: Lubbock Neighborhood House for the City of Lubbock, Base Bid and Alternate No. 1 as per City of Lubbock Bid No. 7066 and all extra work in connection therewith, under the terms as stated in the contract documents and at his (or their) own proper cost and expense to furnish all materials, supplies, machinery, equipment, tools, superintendence, labor, insurance and other accessories and services necessary to complete the said construction in accordance with the contract documents as defined in the General Condition of Agreement. The CONTRACTOR hereby agrees to commence work within ten days after the date written notice to do so shall have been given to him and to substantially complete same within the time specified in the contract documents. The OWNER agrees to pay the CONTRACTOR in current funds for the perfor- mance of the contract in accordance with the proposal submitted therefor, subject to additions and deductions, as provided in the contract documents in the sum of $ 95,989.00 IN WITNESS WHEREOF, the parties to these presents have executed this agreement in Lubbock, Texas in the year and day first above written. ATTEST: city Sec tary-Teeas APPROVED AS TO CONTENT: s . S Community Development Coo dinator APPROVED AS TO FORM: r7 sistant City Attorney ATTEST: Se4r-etafy CITY OF LUBBOCK, TEXAS J --Yao�"f MA OR PRO T M CONTRACTOR BY: Fred Davis TITLE: Vice President COMPLETE ADDRESS: P.O. Box 65221 Lubbock, Texas 79464 ARv O AMERICAN DRUGGISTS' INSURANCE COMPANY P.O. Box 41715. Cincinnati. Ohio 45241, Telephone 513-530-8100 BID BOND KNOW ALL MEN BY THESE PRESENTS, That We, LUBBOCK DEVELOPMENT COMPANY, INC of LUBBOCK, TEXAS , as Principal, and THE AMERICAN DRUGGISTS' INSURANCE COMPANY of Cincinnati, Ohio, as Surety, an Ohio corporation duly licensed to do business in the State of TEXAS are held and firmly bound unto CITY OF LUBBOCK, TEXAS as Obligee, , FIVE PERCENT in the penal sum of BID NOT TO EXCEED 175,000.00 Dollars (S 5% GAB ) for the payment of which the Principal and Surety bind themselves, their heirs, executors, ad- ministrators, successors and assigns, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH, That, whereas the Principal has submitted, or is about to submit, a proposal or bid to the Obligee on a contract for COMMUNITY CENTER BUILDING AND ALTERATIONS TO EXISTING NEIGHBORHOOD HOUSE NOW, THEREFORE, if the aforesaid principal shall be awarded the contract, the said prin- cipal will within the period specified therefor, or, if no period be specified, within ten (10) days _ after the notice of such award enter into a contract and give bond for the faithful performance of the contract, then this obligation shall be null and void, otherwise the principal and the surety will pay unto the obligee the difference in money between the amount of the bid of the said principal and amount for which the obligee may legally contract with another party to perform the work if the latter amount be in excess of the former; in no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT OF THE CONDITION PRECEDENT, that any suits at law or proceedings in equity brought or to be brought against the Surety to recover any claim hereunder must be instituted and service had upon the Surety withing ninety (90) days after the acceptance of said bid of the Principal by the Obligee. SIGNED, SEALED AND DATED this 11 th day of NOVEMBER , 1982 . LUBBOCK DEVELOPMENT COMPANY, INC. = Principal _ ` By. THE AMERICAN DRUGGISTS' INSURANCE CO. By: Attorney -in -Fact SUR-101 M.E. GLENN