Subject: 21009/Award/RW-5-96/Riverbend Const/N.Chamberlain Ave/Contract Date: Wed, 22 May 1996 10:23:54 -0500 RESOLUTION NO. 21009 A RESOLUTION AUTHORIZING THE AWARD OF CONTRACT NO. RW-5-96, NORTH CHAMBERLAIN AVENUE, TO RIVERBEND CONSTRUCTION CORPORATION FOR THEIR LOW BID OF THREE HUNDRED FORTY-SIX THOUSAND, SEVEN HUNDRED SEVENTY-SEVEN AND 70/100 DOLLARS ($346,777.70), LESS A NEGOTIATED DEDUCTION FOR THE COST OF SURFACE PAVING OF EIGHTEEN THOUSAND, SEVEN HUNDRED SIXTY AND 00/100 DOLLARS ($18,760.00) FOR A REVISED TOTAL OF THREE HUNDRED TWENTY-EIGHT THOUSAND, SEVENTEEN AND 70/100 DOLLARS ($328,017.70). _________________________ BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That there be and is hereby authorized the award of Contract No. RW-5-96, North Chamberlain Avenue, to Riverbend Construction Corporation for their low bid of $346,777.70, less a negotiated deduction for the cost of surface paving of $18,760.00 for a revised total of $328,017.70. ADOPTED: June 11, 1996 :tlm