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Res 064-98 5/5/1998RESOLUTION NO. -Cl RESOLUTION TO ACCEPT THE GRACE STREET RECONSTRUCTION PROJECT AND AUTHORIZE FINAL PAYMENT TO BARNETT PAVING AND SEALING COMPANY WHEREAS, the City of Wichita Falls entered a unit price contract with Barnett Paving and Sealing with an estimated total cost of $50,250.00; and, WHEREAS, the actual work was completed at a total cost of $46,770.02 of which $25,984.57 has been previously paid to the contractor, leaving an amount due of $20,785.45; and, WHEREAS, the City staff has inspected the work and found it to be acceptable. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The Grace Street Reconstruction Project is hereby accepted, and the City Manager is authorized to make final payment to the contractor. PASSED AND APPROVED this the 5th day of May, 1998. MA OR ATTEST: r R fl 1 City Clerk