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HomeMy WebLinkAbout2016-R-03 - Final Payment FAMBRO ConstructionRESOLUTION NO. 2016-R-03 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, TEXAS, TO ACCEPT THE 2015 WEST END WATER LINE RELOCATION PROJECT AND AUTHORIZE FINAL PAYMENT TO FAMBRO CONSTRUCTION COMPANY; FINDING AND DETERMINING THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Stephenville entered into a unit price contract with FAMBRO CONSTRUCTION COMPANY with a final estimated total cost of $194,229.00; and WHEREAS, the actual work was completed at a total cost of $166,227.00 of which $157,915.65 has been previously paid to the contractor, leaving an amount due of $8,311.35; and WHEREAS, the City has received an executed Final Bills Paid Affidavit from the Contractor and a recommendation of final payment from the Engineer of Record. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, TEXAS, THAT; SECTION 1. The 2015 WEST END WATER LINE RELOCATION PROJECT is hereby accepted, and the City Administrator is authorized to make final payment to the contractor. SECTION 2. It is hereby officially found and determined the meeting which this resolution was passed was open to the public as required by law. FPASSED AND APPROVED this the 2nd day of February 2016. JeryK. eldonll,MAY0R A EST: Cindy L. fiord, City Se ry Patrick C. Bridges, City ministrator Reviewed 4 Randy Thomas, City Attorney Approved as to form and legality