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CC Resolution 10231 RESOLUTION 10231 BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF CAMPBELL AND PARAMOUNT SIGN CONTRACTORS WHEREAS, the City Council has adopted a budget for the 2003/2004 fiscal year; and WHEREAS, $250,000 was approved in the Capital Improvement Plan for the fabrication and installation of the Community Center Signage Program; and WHEREAS, the contract was let to bid, and four bids were received; and WHEREAS, the low bid and a 6% contingency is within the amount budgeted (account #435.04-06.7883); NOW, THEREFORE, BE IT RESOLVED, that the City Council authorizes the execution of an agreement between the City of Campbell and Paramount Sign Contractors in the amount of $234,410.76 for the fabrication and installation of the signs, in accordance with the plans and specifications; and authorizes a contingency of $15,589.24. PASSED AND ADOPTED on this 2nd day of September, 2003 by the following roll call vote: AYES: Council Members: Watson, Kennedy, Dean, Burr, Furtado NOES: Council Members: None ABSENT: Council Members: None APPROVED: ~~%M~S~ ATTEST: autf~a~ Anne Bybee, City Clerk