Res 2585 7/15/1980RESOLUTION NO. j CJ
RESOLUTION AUTHORIZING PAYMENT OF PART OF THE
RETAINAGE UNDER CONTRACT FOR CONSTRUCTION OF
MILLER ROAD AND JOHNSON ROAD FIRE STATION.
WHEREAS, the City of Wichita Falls as owner, and Reid-
Ross Company, as contractor, entered into a contract dated
October 23, 1979, wherein said contractor agreed to construct
a fire station on Johnson Road and a fire station on Miller
Road; and,
WHEREAS, on May 6, 1980, the Board of Aldermen adopted
Resolution No. 2515, which recited that the construction had
been completed in accordance with the plans and specifications,
and authorizing payment to the contractor of all of the contract
price except for $2, 000, which was to be held for one year
from the date of such resolution, to assure that the contractor' s
guarantee has been satisfied; and,
WHEREAS , such contract specified that the retainage should
be $1,000 instead of $2, 000.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
The City Manager is directed to pay to Reid-Ross Company
1, 000 of the $2,000 retainage referred to in Resolution No. 2515;
on May 6, 1981, if the contractor' s guarantee has been satisfied,
the $1,000 retainage shall be paid to the contractor.
PASSED AND APPROVED this the 15th day of July, 1980.
M A Y O R
ATTEST:
1-,Cd/Yew /
City Clerk
96