HomeMy WebLinkAboutResolution - 1281 - Contract - LDC Inc - Renovation, Lubbock Neighborhood House - 12_09_1982REd04UT12N 1281 - 12/9/82
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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