Resolution No. 64-08 WHEREAS, a proposal to furnish all labor, tools, equipment
'aired for the can-a mtton of an- Interceptor Jaz
project for tha City of Tigard, at a tztal price of 433.W.00, Was
duly submitted to the City by Frank T. Matthews. Inc; and
W3EREAR, said proposal nes the lowast of those submitted In
response to the City's invitation for bids; and
bb�� WHEREAS said proposal Was accompanied by a bid on written
p83,lsA4d6p00; Insurance Company in the sum of fiveper
and
WHEREAR by resolution of the City Council duly passed on
the 25th 4ay of may. 19". the proposal of said Frank T. Matthews,
Inc. was may accepted by the City of T�d and notice of the
acceptance Was duly given an May 27, 1964, within the time United
therefor; and
WMICAR, said Frank T. Mstthows, Inc. did failnagfact and
refuse to enter into a contract for the perferonnce of said Work
In accordance with the contract documents and the proposal,
Ww' THEREF03E,
36 IT RESOLVED by the City Council of the City of Tigard
that the bid bond of Frank T. Matthew, Inc. with respect
to Which Uaited Facifia Insurance Company is the surety,
be, and the ssme is hereby, forfeited;
3E IT MWWR RESOLVED that notice of said forfeiture
ba alvsa sad demand pads upon Frank T. Matthews, Inc. and
Uoitsd Pacific Imsurasce Csspany for the payment of the
as of $4,172.30;
3E IT FORTMR RXSMVED that in the event of the failure
of the said principal and
that sorsa ttto pwTp�Etl�rasaid as,
and he
iso hereby,iInstaauctedty ytoftake sub action as wa7 be proper
Is the prsmisst to enfosea the rights of the City of Tigard
idol respect to said bid bond.
July 13, 1964
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