Res 148-86 9/16/1986RESOLUTION NO. 4-1/,,6
RESOLUTION ACCEPTING CONSTRUCTION AND AUTHORIZING
FINAL PAYMENT TO THE CONTRACTOR FOR COMPLETION OF
THE 1985 SLURRY SEAL AND SCRATCH OVERLAY MAINTENANCE
PROGRAM
WHEREAS, the City of Wichita Falls and CYS Company, Inc. entered
into a contract dated September 3, 1985, for the construction of the 1985
Slurry Seal and Scratch Overlay Maintenance Program;
WHEREAS, such project has been completed in accordance with the
plans and specifications; and,
WHEREAS, such contract was a unit price contract and the estimated
cost based on estimated quantities was $277,025.12; however, an extra $69,000.00
was appropriated, raising the estimated contract price to $346,025.12, of which
345,184.62 of work has been completed by the contractor, and $272,670.35 has
been paid to the contractor, leaving a balance due of $72,514.27; and,
WHEREAS, this project was completed on September 15, 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 to the contractor
the amount due as set out above.
PASSED AND APPROVED THIS THE 16TH DA OF SEPTEMBER, 1986.
tW
MAYOR
ATTEST:
CIT CLERK