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381 <br /> <br />the within bond and all rights thereunder and hereby irrevocably constitutes <br />and appoints <br /> attorney <br /> <br />to register the transfer of said bond on the books kept for registration <br />thereof, with full power of substitution in the premises. <br /> <br />Dated: <br /> <br />NOTICE: The assignor's signature to this assignment must correspond with the <br />name as it appears upon the face of the within bond in every particular, <br />without alteration or enlargement or any change whatever. <br /> <br /> Thereupon Commissioner Hamby moved the passage of the foregoing <br />resolution entitled: "RESOLUTION PROVIDING FOR THE ISSUANCE AND PRIVATE SALE <br />OF REFUNDING BONDS" and Commissioner Payne seconded the motion and the <br />resolution was passed by the following vote: <br /> <br />Ayes: Commissioners Lentz, Payne, Hamby, Melvin, Moss <br />Noes: <br /> <br /> Chairman Lentz recessed the meeting of the Board of Commissioners for the <br />Water and Sewer District of Cabarrus. <br /> Mr. Fletcher L. Hartsell, Jr., County Attorney, reported that he had <br />learned last week that Myers and Chapman, the low bidder for the General <br />Construction Contract for the Cabarrus County Governmental Center, had not <br />submitted the required bid security at the time of the bid opening on March 9, <br />1988. He further reported he had been informed that the company had submitted <br />certified funds as bid security a day or two after the bid opening. Stating <br />that the bid security is mandated by law to be available at the time of the <br />bid opening, Mr. Hartsell advised the Board that there is no bid award at this <br />time for the General Construction Contract for the Governmental Center. He <br />outlined the following options for the Board: 1) Award the bid to the next <br />low bidder, L. P. Cox Company, INC., provided that the company agrees to abide <br />by the bid submitted on March 9; 2) Not proceed with the project; and 3) Rebid <br />the General Construction Contract. In conclusion, Mr. Hartsell reported that <br />motions had been filed in the litigation regarding the Governmental Center and <br />a hearing scheduled for 10:00 A.M. on May 26. <br /> Mr. Dennis Yates, Architect, reviewed the bids for the General Construc- <br />tion Contract and informed the Board there is an $88,000.00 difference in the <br />bids submitted by Myers and Chapman and L. P. Cox Company, Inc. He reported <br />that L. P. Cox Company, Inc., is in the process of reviewing the bid submitted <br />on March 9 and had indicated they would advise the County on May 27 if they <br />would abide by the bid. <br /> Chairman Lentz stated that the Board would take no action today and <br />instructed Mr. Yates to continue negotiations with L. P. Cox Company, Inc. <br />The Board also instructed Mr. Yates to reduce the cost of the project by <br />$88,000.00. <br /> Mr. Dennis Yates, Architect, reviewed the schedule for the renovation of <br />the third floor of the County Courthouse. He stated that bids would be <br />received in June and completion of the project was scheduled for August 22, <br />1988. He estimated that the project would cost approximately $500,000.00 to <br />$600,000.00. <br /> UPON MOTION of Commissioner Payne, seconded by Commissioner Melvin with <br />Commissioners Payne, Melvin, and Hamby and Chairman Lentz voting for and <br />Commissioner Moss voting against, the Board authorized Chairman Lentz to sign <br />the Standard Form of Agreement Between Owner and Architect, 1987 Edition, AIA <br />Document B141, with Dennis Yates Associates for the development of the third <br />floor of the Courthouse with compensation based upon eight and one-half <br />(8-1/2%) percent of the construction cost for basic services as defined within <br />the contract and compensation based upon Salary x Direct Personnel Expense <br />(1.30) x 3.0 = Hourly Rate for additional services to include programming, <br />space requirements for the Third Floor, providing master planning for the <br />entire courthouse facility for future growth, field measuring and verification <br />of existing building systems within courthouse as required. A description of <br />the project as defined in the contract is as follows. <br /> <br />Office upfit of the Third Floor of the existing Cabarrus County Court- <br />house, Concord, North Carolina. The scope of work shall include provid- <br />ing new toilet facilities on the second floor and other miscellaneous <br />demolition required for the completion of the third floor. <br /> <br /> <br />