Laserfiche WebLink
RESOLUTION NO. — t to q <br /> RESOLUTION ACCEPTING THE BID AND AUTHORIZING THE EXECUTION <br /> OF A CONTRACT WITH KINNEY CONTRACTORS INC. FOR 2021 LAKE <br /> GROVE CLUB RETAINING WALL <br /> CITY PROJECT 2021-20 <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. That the bid of Kinney Contractors, Inc. in the amount of$351,950.00 be, and <br /> it is hereby, accepted and a contract awarded, accordingly. <br /> Section 2. That the Mayor and City Clerk be, and they are hereby authorized and <br /> directed to execute a contract between the City of Decatur, Illinois, and Kinney Contractors Inc., <br /> attached hereto as Exhibit A and made a part hereof, for said plan, in the amount of$351,950.00. <br /> Section 3. That at the end of the contract and after the City has verified and documented <br /> that Minority Business Enterprise expenditures met or exceeded twenty percent(20%) of the <br /> total contract value,the City will pay 2% of the final contract value up to a maximum of$50,000 <br /> as a bonus. <br /> PRESENTED and ADOPTED this 3`d day of October 2022. <br /> I J'��x <br /> Julie Moore Wolfe, ayor <br /> ATTEST: <br /> "I 6\-� <br /> Deputy City Clerk <br />