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RESOLUTION 2017-45R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, AWARDING AN IDIQ MASTER CONTRACT FOR <br /> STREET OVERLAY TO LONE STAR PAVING IN THE ESTIMATED <br /> ANNUAL AMOUNT OF $700,000.00 CONTINGENT UPON THE <br /> BIDDER'S TIMELY SUBMISSION OF SUFFICIENT BONDS, <br /> INSURANCE AND OTHER PERTINENT INFORMATION IN <br /> ACCORDANCE WITH THE CITY'S BID DOCUMENTS FOR THE <br /> PROJECT; AUTHORIZING THE INTERIM CITY MANAGER OR HIS <br /> DESIGNEE TO EXECUTE THE CONTRACT DOCUMENTS ON <br /> BEHALF OF THE CITY AND DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS <br /> PART 1. The award of a construction contract (the "Contract") to Lone Star Paving <br /> for the IDIQ Master Contract for Street Overlay (IFB 217-159) in the estimated annual amount of <br /> $700,000.00 is approved contingent upon the bidder's timely submission of sufficient bonds, <br /> insurance and other pertinent information in accordance with the City's bid documents for the <br /> Project. <br /> PART 2. The Contract may be automatically renewed for three (3) additional <br /> periods of 365 calendar days each. <br /> PART 3. The Interim City Manager or his designee is authorized to execute the <br /> contract documents on behalf of the City. <br /> PART 4. This Resolution shall be in full force and effect immediately from and <br /> after its passage. <br /> ADOPTED this the 21st day of Mip- 7 <br /> / i' <br /> John Thomaides <br /> Mayor <br /> Attest: <br /> / / , <br /> 0 Gek ..• <br /> Jamie i ee Case <br /> Cit 0 erk <br />