Res 060-94 4/19/1994RESOLUTION NO. coo-C1N
RESOLUTION APPROVING LETTER OF AGREEMENT
BETWEEN THE CITY OF WICHITA FALLS AND R. J.
WACHSMAN HOMES FOR IMPROVING OF BARNA ROAD TO
MUNICIPAL STANDARDS
WHEREAS, R. J. Wachsman Homes has purchased Block 3 of Park
Place Subdivision which contains 12 platted lots; and,
WHEREAS, R. J. Wachsman Homes wishes to build on the 12
platted lots; and,
WHEREAS, a section of Barna Road abuts the south boundary of
Block 3 of Park Place Subdivision and is currently not
constructed to municipal standards; and,
WHEREAS, the City of Wichita Falls and R. J. Wachsman Homes
wishes to jointly participate in improvement of Barna Rad
abutting the south line of Block 3 of Park Place Subdivision.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WICHITA FALLS, TEXAS, THAT:
The attached Letter of Agreement is hereby approved with the
purpose of improving Barna Road abutting Block 3 of Park Place
Subdivision to municipal standards with the City of Wichita Falls
and R. J. Wachsman Homes participating equally in the
construction cost .
PASSED AND APPROVED this the 19th day of Aforil, 1994:
MAYOR
ATTEST:
al AJLIA
I ' CLE'K
Wichita
TEXAS!
April 7, 1994
Mr. Randy Wachsman
R.J. Wachsman Homes
2405 Kemp Blvd.
Wichita Falls, TX 76309
RE: Barna Road
Block 3, Park Place Addition
Dear Mr. Wachsman:
We have received your letter of March 15, 1994 regarding your
interest in working with the City to achieve the upgrading of
that portion of Barna Road located west of Lake Park Drive. The
purpose of this letter is to enter into a Letter of Agreement
with your firm regarding cost sharing of improving the road to
municipal standards.
The City of Wichita Falls and R. J. Wachsman Homes jointly agree
to the following:g
1 . The City of Wichita Falls will prepare plans and
specifications for upgrading the street in question to
municipal standards .
2 . The City prepareofWichitaFallswillreare a construction
cost estimate plus 10% contingencies for this
improvement.
3 . Prior to bidding the project, your firm will issue a
check in the amount of one-half of the estimate plus
10% contingencies in favor of the City of Wichita
Falls.
4 . The City will then bid the project as set forth in
State statutes and the City Council will consider
awarding the contract to the lowest responsible bidder.
5 . The City will use your funds along with City funds to
construct the project .
6 . After project completion and acceptance by the City
Council, the total construction cost will be multiplied
by 50% which will be the cost to R.J. Wachsman Homes.
7 . Any excess funds beyond 50% of the construction cost
which you have deposited will be returned to your firm
by the City of Wichita Falls.
1300 7th Street F0. Box 1431 817/761-7611 Wichita Falls,Texas 76307
Mr. Randy Wachsman
April 7, 1994
Page 2
8 . Your firm agrees to reimburse the City of Wichita Falls
for 50% of any construction costs exceeding the
construction cost estimate plus 10% contingency.
If you concur with this agreement, please sign this letter and we
will proceed with the project with a goal of having it complete
by September 15, 1994 .
Sincerely,
Jim Berzina
City Manager
Randy Wachsman
R.J. Wachsman Homes