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HomeMy WebLinkAbout2015-R-04 - Final Payment Peachtree Construction 2014 Harbin DrRESOLUTION NO. 2015-Qcf RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, TEXAS, TO ACCEPT THE 2014 HARBIN DRIVE REPAIR PROJECT AND AUTHORIZE FINAL PAYMENT TO PEACHTREE CONSTRUCTION, LTD; 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 PEACHTREE CONSTRUCTION, LTD. with a final estimated total cost of $168,105.00; and WHEREAS, the actual work was completed at a total cost of $161,092.24 of which $157,870.40 has been previously paid to the contractor, leaving an amount due of $3,221.84; and WHEREAS, the City has received an executed Affidavit of All Bills Paid 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 2014 HARBIN DRIVE REPAIR 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. PASSED AND APPROVED this the 3rd day of February 2015. Jerry W I Ion II, Mayor ATTEST: Cindy L. afford, City Se6Rary Patrick C. Bridges, thy Administrator Reviewed Randy Thomas, City Attorney Approved as to form and legality