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Resolution No. 1700 * WJML:RJH:gb 9/12/72 /12/72 8c g 4 111w RESOLUTION NO. 1700 A RESOLUTION CALLING FOR SEALED PROPOSALS AND FIXING LIQUIDATED DAMAGES FOR FAILURE TO COMPLETE THE WORK WITHIN TIME SPECIFIED ASSESSMENT DISTRICT 1972 -1 RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, El Dorado County, California, that WHEREAS, this Board did on the 21 day of September 1972, adopt its Resolution of Intention No. 1965 to order the construction of sanitary sewerage systems, including collection r► sewers, pumping stations and force mains, manholes, flushing devices, rodholes, wye branches, laterals and appurtenances, all as more par- ticularly described and set forth in said Resolution of Intention; NOW, THEREFORE, the Clerk of said District is hereby directed to publish once a week for two weeks in the Tahoe Daily Tribune, a newspaper published and circulated in said District, a notice invit- ing sealed proposals or bids for the construction of said improvements, and referring to the plans and specifications on file in the office of said Clerk, the first publication of which notice shall be at least fourteen days prior to the time fixed for opening bids. All proposals or bids shall be accompanied by cash, a cashier's or certified check payable to the order of the District amounting to twenty percent (20 %) of the bid, or by a bond in said amount atld pay- able to said District signed by the bidder and a corporate surety or by the bidder and two sureties who shall justify before any officer competent to administer an oath, in double said amount and over and above all statutory exemptions. The amount so posted shall be for- feited to said District in case the bidder depositing the same does not, within fifteen days after written notice that the contract has been awarded to him, enter into a contract with the District. • 4 It is hereby determined that in the event the contractor, con- tracting owners included, does not complete the work within the time limit specified in the proposed contract or within such further time as this Board shall have authorized, the contractor or contracting owners, as the case may be, shall pay to the District liquidated dama- ges in the amount of Two Hundred Dollars ($ 200.00 ) per day for each and every day's delay in finishing the work beyond the completion date specified in said contract. Addi- tional provisions with regard to said time of completion and liquidated damages are set forth in the specifications, which provisions are hereby referred to and incorporated herein by reference. i hr Said sealed proposals or bids shall be delivered to the Clerk of said District on or before 2 :00 o'clock p .m. on the 26 day of October , 1972, said time being not less than four- teen days from the time of the first publication of said notice. Bids will be publicly opened, examined and declared on said day and hour and referred to and considered by the Board at its meeting at 8 :00 o'clock p.m. on October 26 , 1972. President South Tahoe Public Utility District ATTEST: Clerk and Ex officio Secretary -2- I hereby certify that the foregoing is a full, true and correct copy of RESOLUTION NO. 1700 duly and regularly adopted by the Board of Directors of the South Tahoe Public Utility District, El Dorado County, California, at a meeting thereof duly held on the 21 day of September, 1972, by the following vote: AYES, Directors: Wakeman, Kortes, Fesler, Hegarty, and Ream NOES, Directors: None ABSENT: Directors: None David W. Callahan, Clerk and Ex- officio Secretary of the Board SOUTH TAHOE PUBLIC UTILITY DISTRICT 4