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Res 178-95 10/17/1995RESOLUTION NO. RESOLUTION TO ACCEPT KEMP BLVD. WATER LINE RELOCATION PROJECT AS COMPLETE AND AUTHORIZE FINAL PAYMENT TO CONTRACTOR WHEREAS, the City of Wichita Falls has a contract with Starks Construction Company for the Kemp Blvd. Water Line Relocation Project; WHEREAS, the original amount of the contract was $170,428, and this amount was increased by two approved change orders to a final contract price of $171,550; WHEREAS, the actual amount of work completed for the contract was $171,835, and the Contractor had been paid progress payments of $167,539.12, leaving an unpaid amount of $4,295.88; WHEREAS, the Contractor did not complete the project by the contract agreed completion date, and liquidated damages for seventeen days are to be applied in the amount of $4,080, leaving a final payment to the Contractor or $215.88; and, WHEREAS, the Staff has inspected the project and has found it to be installed by the plans and specifications. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The Kemp Blvd. Water Line Relocation Project is hereby accepted as complete, and the City Manager is authorized to make a final payment to the Contractor in the amount of $215.88. PASSED AND APPROVED THIS THE ATTEST: U kA i CIT -Cl ERK