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Res 139-88 6/21/1988RESOLUTION NO. lj"f— a RESOLUTION TO ACCEPT THE 1987 BUDGET SEAL COAT PROJECT AND AUTHORIZE FINAL PAYMENT TO THE CONTRACTOR WHEREAS, the City of Wichita Falls entered a unit price contract with CYS Company, Inc. with the estimated total cost of $89,112.68; and, WHEREAS, the actual work was completed at a total cost of $92,928.19 of which $81,284.40 has been previously paid to the contractor, leaving an amount due of $11,643.79; 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 1987 Budget Seal Coat Project is hereby accepted and the City Manager is authorized to make a final payment to the contractor. PASSED AND APPROVED THIS THE 21ST DAY OF JUNE, 1988. ATTEST: CIT7 CLERK M A Y O R