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Res 196-87 11/17/1987RESOLUTION NO. /V--I2 RESOLUTION APPROVING CHANGE ORDER NUMBER 1, ACCEPT- ING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR FOR COMPLETION OF THE BUDGET OVERLAY PROJECT 87-7 WHEREAS, the City of Wichita Falls entered into a contract dated September 24, 1987 for the construction of the Budget Overlay Project 87-7; and, WHEREAS, said project has been completed in accordance with the plans and specifications, excepting only conditions described in field Change Order Number 1 for which the Contractor requests an additional $500.00; and, WHEREAS, said contract was a unit price contract and the cost based on actual quantities with Change Order Number 1 is $100,904.93; however, 74,699.20 has been paid to the Contractor, leaving a balance due of 26,205.73; and, WHEREAS, this project was inspected and complete on November 5, 1987. 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, Change Order Number 1 is approved, and the City Manager is author- ized and directed to pay the Contractor the amount as set out above. PASSED AND APPROVED THIS THE 17TH DAY OF i 8 ER, 1987. i MAYOR ATTEST: i l t 2?/7/ '(W./.1ltA CIT CLERK