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axils <br /> I <br /> ell it <br /> 469 0 <br /> ,+ vember 21,1990 <br />} BID REPORT-FIRE STATION N0.4 <br /> On October 11, 1990 one bid was received from Lumpkin, Inc. for the <br /> construction/lease financing of Fire Station No. 4. The base bid <br /> price plus deductive alternate 110 for a total of $1,291,500 is <br /> within the engineer's estimate and cost of financing. <br /> Bruce Jones, City Attorney,explained Amendment 11 to the agreement i <br /> putting into contract form the indemnification thaitment to purchase be given <br /> lieu f the City's requirement for a back up comeceivetl for the <br /> the developer's interests if no acceptable bids are <br /> m <br /> COP's end authorization for lease financing documents as modified. <br /> 4,f Councilmen Diamond and Moser had concerns with only receiving one <br /> bid. <br /> Jae Mozlovski explained that he also had e n but had done <br /> ` n <br /> , extensive background checking on Lumpkin, Inc and all references <br /> were <br /> r re very favorable. <br /> Councilman Mo0Oa Indicated we should expect to have very few bids <br /> �i in such a lea se buy back situation. <br /> i1 II, <br /> t q:,, ill RESOLUTION-BID AWARD <br /> Moved by Councilman Gipson,seconded by Councilman Diamond to adopt <br /> 1 I '� Resolution No. 3399 acceptingthebid of Lumpkin,Inc.in the amount <br /> of$1,291,500 as the most advantageous bid for the construction of <br /> 1, Fol Fire Stationthea execution <br /> pursuant <br /> tructionacontract,call <br /> groundpublic <br /> lease, <br /> 1r authorizinga with such construction; <br /> lease and commitment letter in connection <br /> -il I n <br /> l Ilk and making certain findings as follows and also authorize the <br /> signing of Amendment 41:t <br /> 1I has <br /> III ` <br /> issued a call for hebids t forfthe v ett (the "City") <br /> of FiJ Station No. 4 <br /> by publication o4 notice thereofrequired by l and by issuance <br /> of specifications for said project in thedocument entitled <br /> i b I 90023.00°dated August 22,1990 to llthun Partners;and of Everett Fire Station I4; MP Job No. <br /> y�{ WHEREAS, in accordance with said call for bids, bids were <br /> 110,11 <br /> 1Ylk'1 1 'received and opened on October 11,1990, at which time the sole bid <br /> .j received by the City was the bid of Lampkin,Inc.;and <br /> WHEREAS, the Director of Public works of the City and the <br /> City Attorney have reviewed such bid and found it to he acceptable <br /> S ` to the tY;and <br /> uc <br /> re <br /> "o.4 hall Abe built the auponll o ealids an p tympowneds btyhatheFiCity 5tto ibe <br /> L <br /> leased t thesuccessful bidder, d itld rswe therefore directed <br /> I� to include stated ground lease rental o4 $100 in their bids <br /> submitted to the city;and <br /> i HI{ <br /> t�III <br /> �l <br />