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Res 138-93 9/21/1993RESOLUTION NO. /38 - RESOLUTION ACCEPTING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR FOR THE LAKE ARROWHEAD SEAL COAT PROGRAM - PHASE I WHEREAS, the City of Wichita Falls entered into a contract dated June 17, 1993 with Barnett Paving and Sealing for the Lake Arrowhead Seal Coat Program Phase I; and, WHEREAS, said project has been completed in accordance with the plans and specifications; and, WHEREAS, said contract was a unit price contract and the total cost based on actual quantities is $121, 267.17; however, 109, 140 .45 has been paid to the contractor, leaving a balance due of $12, 126 . 72; 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 construction of said project is accepted by the City of Wichita Falls, and the City Manager is authorized and directed to make final payment to the contractor in the amount set out above. PASSED AND APPROVED this the 21st •a - o Septemb="3 . MA 's• O R ATTEST: li .- : did CITY CL 'K