Res 051-88 3/15/1988RESOLUTION NO.
RESOLUTION ACCEPTING THE CONSTRUCTION OF HOLLIDAY
CREEK EXCAVATION PROJECT - PHASE I AND
AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR
WHEREAS, the City of Wichita Falls entered into a unit price
contract with Zack Burkett Company dated November 19, 1985, for
the Holliday Creek Excavation Project - Phase I; and,
WHEREAS, the actual cost of said contract with change orders
was $1,439,678.02, however, being that $1,336,846.04 has
previously been paid to the contractor and that, further,
$35,200.00 is rightfully due to the City as payment for
liquidated damages after an extension to the contract time to
compensate the contractor for weather conditions, and further
that the Zack Burkett Company is duly owed $4,124.70 in payment
for the City's portion of the street reconstruction as required
by the contract leaving an amount due of $71,756.67.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WICHITA FALLS, TEXAS, THAT:
The referenced contract is amended to extend the contract
completion date by seven days, and, the project is accepted, and
the City Manager is authorized to make final payment to the
contractor in the amount of $71,756.67. /,' 1 / I
M A Y CQ R
ATTEST:
CIT7 CLERK