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RESOLUTION NO. E4%q -M 1 <br /> RESOLUTION ACCEPTING THE BID AND AUTHORIZING THE EXECUTION <br /> OF A CONTRACT WITH COTHREN'S CUSTOM HARDSCAPES, FOR THE LAKE <br /> DECATUR STALEY BASIN IMPROVEMENTS—HOT WATER DITCH, CITY <br /> PROJECT 2023-16 <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. That the tabulation of bids received for City Project 2023-16, Lake Decatur <br /> Staley Basin Improvements—Hot Water Ditch, and presented to the Council herewith, be <br /> received and placed on file. <br /> Section 2. That the bid of Cothren's Custom Hardscapes in the amount of$128,636.25 <br /> be, and it is hereby, accepted and a contract awarded, accordingly. <br /> Section 3. 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 Cothren's Custom <br /> Hardscapes, attached hereto as Exhibit A and made a part hereof, for said plan, in the amount of <br /> $128,636.25. <br /> Section 4. 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 19th day of August 2024. <br /> L� '�) <br /> Julie Moore Wolfe, Mayo <br /> Attest: <br /> Kim Althoff, City Clerk <br />