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Res 2837 9/1/1981RESOLUTION NO. M RESOLUTION APPROVING CONSTRUCTION AND AUTHORIZING FINAL PAYMENT TO THE CONTRACTOR ON 1976-77 STREET RECONSTRUCTION (ASPHALT) PROGRAM. WHEREAS , the contractor has completed work on the 1976-77 Street Reconstruction (asphalt) Program in accordance with the plans and specifications ; and, WHEREAS, the contract for such work was based on unit prices for estimated quantities ; on this basis , it was originally estimated that the total cost of the contract would be $185 , 640 . 00 ; and, WHEREAS , the actual quantities used in the project was less than the quantities which were originally estimated; therefore, the total amount of the contract based on the unit prices applied to the actual quantities is $184 ,526. 16 . NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, THAT; Such project is hereby accepted by the City of Wichita Falls . The total amount due such contractor on the 1976-77 Street Reconstruction (asphalt) Program is $184 , 526 . 16 , and the City Manager is authorized to make final payment to such contractor based on this amount. PASSED AND APPROVED THIS THE APC DAY OF 4 , '„ , 1981. X/".441,Ar.dua%1441e.ei.. MAYOR ATTEST: fi e- it id .i/' ! L j<L.;Z City Clerk Page 3 of 3 pages Agenda Item No.