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Res 132-83 7/5/1983RESOLUTION NO. 4V-47i RESOLUTION ACCEPTING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR FOR KEMP BOULEVARD CONSTRUCTION OF LEFT TURN BAYS AND SURFACE OVERLAY FROM SEYMOUR HIGHWAY TO KELL BOULEVARD, CAPITAL IMPROVEMENTS PROJECT 82-2. WHEREAS, the City of Wichita Falls and Timmins-Anderson Corporation entered into a contract dated December 7, 1982, for the construction of left turn bays and surface overlay on Kemp Boulevard from Seymour Highway to Kell Boulevard, Capital Improve- ments Project 82-2 ; 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 $426, 424 .80 ; however, on the basis of the actual quantities used in the construction, the total contract price is $337, 518. 38, of which 313, 962. 47 has been paid to the contractor, leaving a balance due of $23, 555 . 91 . 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 July, 1983 . M 0 R ATTEST: City lerk