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HomeMy WebLinkAboutRes 14-55 08/02/1955 RESOLUTION NO. f 5 RESOLUTIOi authorizing, acceptance of alternate bid on Contract No. 3 Waterworks Improvements 1954 and directing officers to execute supplement contract. WHEREAS, the Village of Nount Prospect on April 5, 1955, received binds for a portion of the Waterworks Improve- ments - 1954, known as Contract No. 3, Steel Elevated Tank and Reservoir, and iHEREAS, alternate bids were received on said Contract No. for elevated tanks having capacities of 750,000 gallons capacity and 1,000,000 gallons capacity respectively, and � iHEREAS, on Nay 3, 1955, the Village of ►Mount Prospect, acting through its President and Board of Trustees, entered into a Contract with Chicago Bridge e, Iron Company for the said Contract No. 3 on the basis of the 750,000 gallon tank alternate, in the amount of 5179,200.00,and IIEREAS, it is now possible for the Village of Mount Prospect to finance the additional cost of a 1,000,000 gallon elevated tank, now therefore BE IT RESOLVED, by the President and Board of Trustees of the Village of Uount Prospect: 1. That the alternate proposal of Chicago Bridge 2. Iron Company for a 1,000,000 gallon elevated tank be and the same hereby is accepted. 2. That the Total Contract Price for Contract No. 3 be revised to equal the sum of $196,100.00 in accordance with said alternate proposal. 3. That Contract Supplement No. 1 modifying the original contract heretofore cited be entered into, and that the President and Clerk be authorized and directed to sign the same on behalf of the Village. PASSED: the 2nd day of August, 1955. APPROVED: the 2nd day of August, 1955. `,.. ` -