HomeMy WebLinkAbout4118_CCv0001.pdf RESOLUTION NO. 4118
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF REDLANDS AWARDING CONTRACT FOR CON-
STRUCTION OF WATER TREATMENT PLANT AND
RELATED FACILITIES SUBJECT TO RECEIPT OF
PROCEEDS FROM SALE OF CERTIFICATES OF
PARTICIPATION
WHEREAS, the City Council ( "this City Council" ) of
the City of Redlands ( "the City" ) has adopted Resolution
No. 4117 approving a Purchase Agreement, a Preliminary
Official Statement and a Final Official Statement with
respect to the sale of Certificates of Participation in an
amount not to exceed $14,000,000 ( the "Certificates" ) , the
proceeds of which are to be utilized as provided in the
Installment Sale Agreement and the Trust Agreement, both
dated as of November 1, 1985, and the other agreements which
have been approved and authorized by Resolution No. 4116
adopted by this City Council for the construction of a water
treatment plant and related facilities having a capacity of
12 million gallons per day, which project has been
identified for the purpose of receiving bids for the
construction thereof as the "Horace P. Hinckley Water
Treatment Plant" ( the "Project" ) ; and
WHEREAS, pursuant to duly published notice, the
City received bids for the construction of the Project on
October 14 , 1985, which bids were publicly opened and
reviewed, all in accordance with applicable legal require-
ments; and
WHEREAS, this City Council has determined that the
responsible bidder submitting the bid or proposal for said
project which will result in the lowest cost to the City is
Weardco Construction Corp. , and that it is in the best
interest of the City that the contract for the construction
of the Project be awarded to said firm;
NOW, THEREFORE, BE IT RESOLVED AND ORDERED BY THE
CITY COUNCIL OF THE CITY OF REDLANDS AS FOLLOWS:
1. The contract for the construction of the
Project is hereby awarded to Weardco Construction Corp. (the
"Contractor" ) , subject to the receipt by Bank of America
National Trust and Savings Association, as Trustee pursuant
to the aforementioned Trust Agreement ( the "Trustee" ) , of
the proceeds from the sale of the Certificates .
2 . The award of said contract is specifically
made contingent upon the Trustee being able to deliver the
Certificates on terms and conditions which are acceptable to
the City and the receipt by the Trustee of the proceeds from
the sale of the Certificates on or before December 30,
1985. Should the Trustee be unable to sell and deliver the
Certificates on such terms and conditions and receive the
proceeds thereof prior to said date, the award of said
contract shall be nullified and of no further force or
effect . Upon the receipt by the Trustee of the proceeds
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from the sale of the Certificates, the Mayor and City Clerk
shall execute and deliver on behalf of the City the contract
for the construction of the Project .
3 . The City Clerk is hereby authorized and
directed to return to all bidders who submitted bids for the
construction of the Project, except the three lowest bidders
therefor , the bid security which accompanied their bids .
The City Clerk shall retain the bid security which
accompanied the bid of the Contractor , and the bid security
of the bidders who submitted the second and third lowest
bids for the Project until such time as the Contractor
executes and delivers, in satisfactory form pursuant to the
plans and specifications for the Project, a written contract
for the construction of the Project and the payment and
performance bonds and insurance certificates and other
documentation required by said plans and specifications. At
such time as the Contractor so satisfies the terms and
conditions of the plans and specifications, the City Clerk
shall return to the said second and third low bidders the
bid security which accompanied their bids.
Adopted this 15th day of-October, 1985.
Mayor of the City of Redla ds
ATTEST:
Cit lerk o e City of
Redl nds
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I, LORRIE FOYZER, City Clerk of the City of
Redlands, California, do hereby certify that the foregoing
Resolution No. 4118 was regularly introduced and adopted by
the City Council of the City of Redlands, California, at a
regular meeting thereof held on the 15th day of October,
1985, by the following vote of the City Council :
AYES: Councilmembers DeMirjyn, Martinez , Larsen;
Mayor Beswick
NOES: Councilman Johnson
ABSENT: None
ABSTAINED: None
and that said resolution has not been amended, superseded or
repealed, and is in full force and effect.
IN WITNESS WHEREOF, I have hereunto set my hand
and affixed the official seal of the City of Redlands,
California, this 15th day of October , 1985.
MitClerk o e City of
Redl nds
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