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Res 018-96 2/20/1996RESOLUTION NO. 1la — RESOLUTION TO ACCEPT THE 1995 MILL AND OVERLAY PROJECT AND AUTHORIZE FINAL PAYMENT TO ZACK BURKETT COMPANY WHEREAS, the City of Wichita Falls entered a unit price contract with Zack Burkett Co. with the estimated total cost of 151, 785 . 85 of which $59, 305 . 37 has been previously paid to the contractor, leaving an amount due of $92, 480 .48 ; and, WHEREAS, after appropriate adjustments of $480 for liquidated damages, the final balance due is $92 , 000 .48; 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 1995 CDBG Mill and Overlay Project is hereby accepted, and the City Manager is authorized to make final payment to the contractor. PASSED AND APPROVED THIS THE 20th day of - ebruary, 1996 .-, M A Y O R ATTEST:, L. J I CLE'