HomeMy WebLinkAboutR85-896RESOLUTION NO. R85-896
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW,
TEXAS, ACCEPTING THE WATER AND SEWER IMPROVEMENTS UNDER
THE CITY'S TEXAS ~TY DEVELOPMENT PROGRAM, CONTRA~
NO. 00067017084 AND AUTHORIZING FINAL PAYMENT TO THE ,
CONTRACTOR.
WHEREAS, the City Council accepts the actual quantities and costs
of said improvements pursuont to final estimate; and
WHEREAS, the City Council establishes the warranty period for said
improvements; and
WHEREAS, the City Council authorized final payment to be made to
the construction Contractor.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Plainview, Texas:
That the City accepts the project as constructed by the
Contractor under contract dated 11/28/84 between L & M
Construction and the City of Plainview, Texas, as approved
by fiD~l inspection.
e
That the City establishes the warranty period under the
provision of the contract to be in effect coiit¥~ncing on this
date and to remain in full force and effect until August 27,
1986 at 12:00 a.m., midnight.
3. That the City authorizes payment to the Cc~tractor in the amount
on final payment estimated approved as follOWs:
a)
$49,552.67, which when added with previous partial payment
estimates represents 95% of the original total contract
plus or minus any change orders. Amount specified above
to be paid upon receipt of funds from Texas Department of
Community Affairs.
b)
$12,252.54 which is a 5% retainage to be withheld for a
period of 45 days from the date of this resolution to be
released after October 11, 1985 upon presentation to tb~
City of a Clean Lien Certificate by the Contractor.
PASSED AND APPROVq~ this the 27th day of August, 1985.~
WALTER S. DODSON' City Clerk