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Res 117-86 8/15/1986RESOLUTION NO. /47- 4.(d . RESOLUTION ACCEPTING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR FOR COMPLETION OF THE HARRISON RECONSTRUCTION PROJECT WHEREAS, the City of Wichita Falls and Taylor and Company entered into a contract dated September 24, 1985, for the Harrison reconstruction project; and, WHEREAS, such project has been completed in accordance with the plans and specifications; and, WHEREAS, such contract was the unit price contract and the total cost based on completed quanities was $188,407.08; however, $176,711 .72 has been paid to the contractor, and $1 ,225.00 have been rightfully deducted from the contractor as liquidated damages and other expenses, leaving a balance due of $10,470.36. The project was accepted June 30, 1986. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The construction of such project is accepted by the City of Wichita Falls, and the City Manager is authorized and directed to pay the contractor the amount due as set out above. PASSED AND APPROVED THIS THE 5TH DAY OF AU ST, 1986. t. MAYOR ATTEST: I CITY CL RK