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HomeMy WebLinkAbout2014-R-08 - Final Payment MSU Industries LLC Brick Street RepairP RESOLUTION NO. 2014-08 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, TEXAS, TO ACCEPT THE 2014 BRICK STREET REPAIR PROJECT AND AUTHORIZE FINAL PAYMENT TO MSU INDUSTRIES, LLC, 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 MSU INDUSTRIES, LLC with a final estimated total cost of $69,525.00; and WHEREAS, the actual work was completed at a total cost of $69,525.00 of which $62,572.50 has been previously paid to the contractor, leaving an amount due of $6,952.50; and WHEREAS, the city has received a recommendation of final payment from the Engineer of Record and staff has observed the work and found it to be acceptable. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, TEXAS, THAT, SECTION 1. The 2014 BRICK STREET REPAIR PROJECTS 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. PASSED AND APPROVED this the 19`" day of August, 2014. ATTEST: Cindy L. St ord, City Sec ry Reviewed by Mark A. Kaiser, City Administrator Randy Thomas, City Attorney j/' \ Approved as to form and legality