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lines; however, by its "Alternate 2" in the request for bids <br />Pfeiffer sought bids for distribution lines within Area 4 to <br />include 2,200 feet of 6" lines and 5,000 feet of 12" lines, and <br />WHEREAS, the contractor's base bid for the project using 6" <br />lines in Area 4 was $471,100.50 and the contractor's bid for <br />Alternate 2 using 12" lines in Area 4 was $751,125.50, and <br />WHEREAS, the additional cost for Alternate 2 using 12" lines <br />is $280,025.00, and <br />WHEREAS, Batesville believes that having 12" lines within <br />Area 4 will be beneficial to future growth of Batesville and an <br />asset to industrial development within Area 4 and to that end <br />Batesville is desirous of paying the additional cost of having <br />12" lines within Area 4, NOW THEREFORE <br />For and in consideration of the premises, the mutual benefit <br />of the parties, consideration paid and to be paid, and other good <br />and valuable consideration cash in hand paid, Batesville and <br />Pfeiffer agree as follows: <br />1. Pfeiffer agrees to accept the contractor's Alternate 2 <br />bid for Area 4 using 5,000 feet of 12" waterline and 2,200 feet <br />I <br />of 6" waterline at an additional project (2018-19 Project) cost <br />of $280,025.00. <br />2. Upon execution of this agreement Batesville agrees to <br />pay to Pfeiffer the sum of $280,025.00. <br />I <br />3. Attached hereto and made a part hereof for reference is <br />a copy of the bid tabulation for the 2018-19 Project. The <br />pm\8.22\p\pfeiffer.agr <br />