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Res 142-92 9/15/1992RESOLUTION NO. /4 -aj l RESOLUTION TO ACCEPT THE CDBG MADISON STREET RECONSTRUCTION PROJECT AND AUTHORIZE FINAL PAYMENT TO MCGRATH BROTHERS CONCRETE WHEREAS, the City of Wichita Falls entered a unit price contract with Mcgrath Brothers Concrete with the estimated total cost of 103,256. 50 and, WHEREAS, the actual work was completed at a total cost of 101, 025. 05 of which $90,922 .54 has been previously paid to the contractor leaving an amount due of $10, 102 .51; 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 CDBG Madison Street Reconstruction Project is hereby accepted, and the City Manager is authorized to make final payment to the contractor. PASSED AND APPROVED this the 15th day/2f September _1992 . M A Y O R/ 7// ATTEST: CITY CLERK