Res 131-97 8/19/1997RESOLUTION NO. JE � -q 7
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA
FALLS, TEXAS; AWARDING FINAL PAYMENT TO INMAN
CONSTRUCTION CO. FOR THE NATURE WORKS SHELTER
PROJECT; FINDING AND DETERMINING THAT THE MEETING AT
WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE
PUBLIC AS REQUIRED BY LAW.
WHEREAS, the City of Wichita Falls entered into an agreement with Inman
Construction Co. for the construction of the Nature Works Shelter project; and,
WHEREAS, the actual work was completed at a total cost of $450,857.05, of
which $396,536.43 has been previously paid to the contractor, leaving an amount due
of $54,320.62; and,
WHEREAS, $15,000 in liquidated damages shall be assessed due to a
significant delay in completion of the project, thereby leaving a balance due of
$39,320.62; and,
WHEREAS, 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:
SECTION 1. The Nature Works Shelter project is hereby accepted, and the City
Manager is hereby authorized to make final payment to Inman Construction Co. in the
amount of $39,320.62.
SECTION 2. It is hereby found and determined that the meeting at which this
resolution was passed was open to the public as required by law.
PASSED AND APPROVED this the 19th day of August, 1997.
A Y
ATTEST: A� 6 R
C- iry Clerk'