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Res 111-84 6/5/1984RESOLUTION NO. /V_4t RESOLUTION ACCEPTING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR FOR 1981 COMMUNITY DEVELOPMENT & ASSESSMENT PAVING PROGRAM VI. WHEREAS, the City of Wichita Falls and Timmins- Anderson Corporation entered into a contract dated August 4, 1981 , for the construction of the 1981 Community Development & Assessment Paving Program VI; 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 524,644 . 60; however, on the basis of the actual quantities used in construction, the total contract price is $552, 081 . 58 of which $513 ,221 . 30 has been paid to the contract, leaving a balance due of $38 ,950 . 10. 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 5th day of June, 1984. ATTEST: M A • R r City Clerk