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HomeMy WebLinkAboutC.054.93009_0053038 Mr. Bill Pope says time is of the essence in getting the project going. There are two compelling reasons not to re -bid -- the time and possibly nest getting this great a savings in bids if the project were to be re -bid. He said it was his opinion that if the low bid were thrown out, there would almost be a 1008 chance of having a lawsuit which would be very hard to defend. If the irregularity is waived and the low bid accepted, it may that Cascade would sue. He said he researched this matter and found no case law at all. After discussing this with the Institute of Government who thinks ls a minor hat can be waived, Pope concurs withtherecommendationgfromlty t the Institute. Mr. Fisher said the permit from the State for the lined landfill has been received on April 1, 1993. Also the bonds are to be sold on April 21, 1993, and the award of these bids will have to be made contingent upon the sale of these bonds. Mr. Mashburn said if the board approves the award of this bid contingent upon the sale of the bonds, that will give staff time to prepare the contract, which usually takes a couple of weeks. That time can be used well. No contracts will be signed until the bonds are actually sold. Commissioner Boone said he had no questions but he did wish to make some comments about the process. He requested that the tipping fee for the cost of the landfill be explained on the tax bill as one of the mandated programs required by the State. Chairman Haire inquired if the finance officer thought this could be ebill; however, $ an accompanying panying n said she l letter could benot think it ould put i e put on thewn the envelope with the bill. MOTION from Commissioner Madison to waive the minor technicality in the bidding and award the contract to Ground Improvement Techniques (GIT) for $2,933,005.11, subject to the sale of the bonds on April 21, 1993. VOTING: Ayes - 5; Nays - 0. AGREEMENT BETWEEN TOWN OF MOORESVILLE AND IREDELL COUNTY FOR LOWRANCE HOSPITAL FUNDS FOR CONSTRUCTION OF SENIOR CENTER AND MULTI-PURPOSE BUILDING FOR THE TOWN OF MOORESVILLE, IC CONTRACT *93-13: Mr. Bill Pope discussed the contract with the board, which was to transfer unencumbered funds to the Town of Mooresville in exchange for the Town's agreeing to indemnify the County for any loss or liability that may arise. This contract was prepared by the county attorney; however, Mooresville thought there should be some changes in the liability clause on page 3. The limit of Mooresville's liability would be based on the amount of funds they received from the County and would include a six percent interest, Mr. Pope said. Mr. Pope recommended the approval of the contract. MOTION from Chairman Haire to accept Mr. Pope's recommendation and accept this agreement between the Town of Mooresville and Iredell County on Lowrance Hospital funds, and authorize the county chairman and clerk to sign the document on behalf of the county. VOTING: Ayes - 5; Nays - 0. BANEING SERVICES: Mrs. Blumenstein referred to the memo enclosed in the agenda packet for bids she received for three-year service banking bids. The bids received were: Branch Bank & Trust Proposes an insured money market account. Average interest paid for the last three months 2.508. Compensating Balance $394,000 11,820 Annual lost of interest @38