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RESOLUTION NO. 2020-106R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS REJECTING THE SOLE BID RECEIVED IN <br />RESPONSE TO AN INVITATION FOR BIDS (IFB NO. 220-163) FROM MA <br />SMITH CONTRACTING COMPANY, INC. FOR THE GUADALUPE <br />STREET IMPROVEMENTS PROJECT; AND DECLARING AN <br />EFFECTIVE DATE. <br />RECITALS: <br />1. The City received one bid in response to an Invitation for Bids (11713 No. 220-163) <br />for the Guadalupe Street Improvements Project (the "Project") from MA Smith Contracting <br />Company, Inc. <br />2. After review of the bid, the City determined that the bid exceeds the current amount <br />budgeted for the Project and that proceeding with an award of a construction contract for the <br />Project at this time is not in the City's best interest. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The sole bid received in response to IFB No. 220-163 for the Guadalupe Street <br />Improvements Project is rejected. <br />PART 2. This resolution shall be in full force and effect immediately from and after its <br />passage. <br />ADOPTED on June 2, 2020. <br />ane 'Zug�hs �on� <br />Mayor <br />A t: <br />6 '14, <br />/ <br />ammy <br />Cook <br />Interim City Clerk <br />