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Res 684 2/13/1967RESOLUTION NO. c L` WHEREAS, the City of Wichita Falls and H. E. Cummins & Sons Construction Co. , Inc. entered into a contract dated March 24th, 1965, wherein said contractor agreed to construct the Wichita Falls Reservoir Dam, Spillway, and Outlet Works, known as Lake Arrowhead; and, WHEREAS, by letter dated February 2nd, 1967 Homer A. Hunter, the engineer on the project, notified the City that said contractor has now fully completed the construction ac- cording to the plans and specifications and recommends final payment of the remainder of the retained percentage amounting to $230,821. 17 ; such letter further states that no claims against the contractor have been filed with such engineer; and, WHEREAS, the City has been informed by United Pacific Insurance Company, the surety on the contractor ' s Performance and Payment Bonds, that it consents to the making of final payment, including retained percentages to such contractor. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The construction of the above project by said contractor is accepted by the City of Wichita Falls, and the City Manager is directed make final payment of all retained percentages to H. E. Cummins & Sons Construction Co. , Inc. PASS= AND APPROVED this the.( 13th ca'_' of February, 1967 . 1 MAYOR A T T E S T: City Clerk