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<br />'.. <br /> <br />. <br /> <br />. <br /> <br />-2- <br /> <br />. <br /> <br />(d) That pursuant to its said bid, Gulf Bitulithic <br />Company has executed a contract, ,and it and a good, sufficient <br />and lawful corporate surety have executed a performance bond and <br />a payment bond, 'which contract and bonds were prepared and <br />approved by the City Attorney and are in full compliance with the <br />specifications, the law and the Charter of the City of La Porte, <br />Texas, and all of which'have been submitted to the City Commission <br />for its approval, execution and acceptance on behalf of the City <br />of La Porte, Texas. <br /> <br />Section 2. The City Commission of the City of La Porte, <br />Texas, has, and does hereby accept the bid of Gulf Bitulithic <br /> <br />Company, a division of Warren Brothers Company, for the construc- <br /> <br />t~on of said improvements in the sum of E~ght Hundred Fifty-one <br />Thousand Two Hundred Fifty Dollars ($851,250.00), ,and the contract <br /> <br />e for the construction of such improvements is hereby awarded to <br />said Gulf Bitulithic Company. <br />Section 3. Said Gulf Bitulithic Company havi~g already, <br />as aforesaid, submitted to the City Commission for its approval <br /> <br />and acceptance an appropriate contract, performance bond and <br /> <br />payment bond, all prepared and approved by the City Attorney, <br /> <br />such contract and such bonds are hereby approved and accepted <br /> <br />and are hereby found and declared to be in full compliance with <br /> <br />all requirements of the law, the Charter of the City of La Porte, <br /> <br />Texas, the specifiGations and bid for said improvements and the <br /> <br />e <br /> <br />surety on said bonds is hereby accepted and approved; and the <br />Mayor of the City of La'Porte, Texas, is herepy authorized and <br />directed to execute said contract for and on behalf of the City <br /> <br />of La Porte, Texas~ and the City Clerk of said City is hereby <br />authorized and directed to attest the same with the City's seal; <br /> <br />and the Mayor of the City of La Porte, Texas, is hereby authorized <br /> <br />and directed on behalf of said City to accept and approve said <br />performancef bond and payment bond in connection with said construc- <br /> <br />I <br /> <br />. <br /> <br />tion contrai::t. <br />i: <br />Siection 4. The estimated amount of the costs of said <br />r <br />improvement!s to be paid by the 'City of La Porte, Texas, under the <br /> <br />abovementio:ned contract is hereby found and determined to be the <br /> <br />sum of Three Hundred Ninety Thousand Dollars ($390,000.00), and <br />