Loading...
Res 070-92 4/21/1992RESOLUTION NO. f,2.) RESOLUTION TO ACCEPT LAKE KICKAPOO DAM IMPROVEMENTS PROJECT AS COMPLETE AND CONFIRM FINAL PAYMENT TO CONTRACTOR WHEREAS, the City of Wichita Falls has a contract with J. E. Haynes Construction Company of Decatur, Texas for certain specified improvements on the Lake Kickapoo Dam; WHEREAS, the original contract amount of $797, 203 has been changed by approved Change Orders, additional quantities, liquidated damages and a negotiated settlement for claims to an amount of $817,280. 05; WHEREAS, the negotiated settlement has been agreed by the Contractor through his attorney; WHEREAS, the City has made previous payments in the amount of $758, 203 . 36, leaving an amount due of $59, 076.69 to meet the new contract price of $817,280. 05; WHEREAS, this final payment has been made to the Contractor through the Contractor's attorney, and the Council desires to confirm the final payment; and, WHEREAS, on recommendation of the staff, Council desires to accept the Lake Kickapoo Dam Improvements Project as complete. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The Lake Kickapoo Dam Improvements Project is accepted as complete in accordance with the contract specifications and the settlement agreement between the City and the Contractor. The final payment of $59, 076. 69 to the Contractor through the Contractor's attorney is hereby confirmed. PASSED AND APPROVED this the 21s d.,/ • .r' , 99 . M A Y O R ATTEST: CITY CLERK