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Res 050-85 4/2/1985IPPr RESOLUTION NO. JO—/ RESOLUTION ACCEPTING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR FOR 1984 STREET SURFACE OVERLAY PROGRAM WHEREAS, the City of Wichita Falls and Zack Burkett Company entered into a contract dated October 2, 1984, for the Street Surface Overlay Program; and, 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 $312,740.00; however, on the basis of its actual quantities used in the construction. The total contract price is 285,753.17, of which $264,267.70 has been paid to its contractor, leaving a balance due of $21,485.47. 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 2ND DAY OF APRIL, 1985. 4000177 ' 0 R ATTEST: i ) CITY C RK