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Res 115-90 7/3/1990RESOLUTION NO. RESOLUTION ACCEPTING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR FOR THE CDBG RIVER ROAD \ WILLIAMS DRIVE OVERLAY PROJECT WHEREAS, the City of Wichita Falls entered into a contract dated January 4, 1990 for the CDBG River Road \ Williams Drive Overlay Project; 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 $126,560.72 ; however, 118,552. 68 has been paid to the contractor, and $1, 680.00 has been deducted for liquidated damages, leaving a balance due of 6, 328. 04; and, WHEREAS this project was inspected and complete on June 15, 1990. 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 pay the contractor the amount as set out above. 11111. 1.1PPASSEDANDAPPROVEDthisthe3rdday - 'July, 1990. / Al, 41 M A _ O ' ATTEST: ze ' r':.i«Li CITY CLERK