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HomeMy WebLinkAboutResolution No. 2014-037RESOLUTION NO. 2014-_ 00 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, AWARDING A BID AND APPROVING A CONTRACT AGREEMENT BY AND BETWEEN THE CITY OF THE COLONY AND CB&I, INC. FOR THE CONSTRUCTION OF AN ELEVATED STORAGE TANK AT THE WYNNWOOD PUMP STATION, WHICH IS ATTACHED HERETO AND INCORPORATED HEREIN AS EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO EXECUTE THE CONTRACT; AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City of The Colony desires to maintain proper water supply to serve current development and future development on Wynnwood Peninsula; and WHEREAS, * City of The Colony bid the project on May 20, 2014 with an option to select either a steel spheroid tank or a composite tank; and WHEREAS, CB&I, Inc. submitted the lowest bid for construction of a 1.0 million gallon Spheroid Elevated Storage Tank. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS THAT: Section 1. The Contract Agreement, which is attached hereto and incorporated herein as Exhibit "A", having been reviewed by the City Council of the City of The Colony, Texas, and found to be acceptable and in the best interest of the City and its citizens, is awarded to CB&I, Inc. in an amount not to exceed $2,362,000.00, with source of funds being the Tax Increment Reinvestment Zone Number Two, and the City Manager is hereby authorized to execute the Agreement on behalf of the City of The Colony, Texas. Section 2. That this Resolution shall take effect immediately from and after its adoption and it is so resolved. PASSED, APPROVED and EFFECTIVE this 17th day of June 2014. AT ES Christie Wilson, City Secretary APPROVED AS TO FO ty Attorney J e McCou y, Mayor ity of The Colony, Tex EXHIBITS/ATTACHMENTS ORIGINAL CONTRACT CITY SECRETARY' S