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Res 151-2003 11/18/2003RESOLUTION NO. IS1 -aL U3 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, ACCEPTING THE 2003 CDBG STREET REHABILITATION PROJECT AND AUTHORIZING FINAL PAYMENT TO FREEMAN CONSTRUCTION CO.; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls entered a unit price contract with Freeman Construction Co. with the estimated total cost of $492,442.00; and, WHEREAS, after liquidated damages are assessed, the actual work was completed at a total cost of $329,071.62, of which $319,336.20 has been previously paid to the contractor, leaving an amount due of $9,735.42; and, WHEREAS, the City staff has inspected the work and found it to be acceptable. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1 . The 2003 CDBG Street Rehabilitation Project is hereby accepted, and the City Manager is authorized to make final payment to the contractor. SECTION 2 . It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 18th day of November, 2003. ATTEST: S City Clerk