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HomeMy WebLinkAboutRES 92-194 -/9 RESOLUTION WHEREAS, on March 5, 1991 the City Council of the City of Beaumont awarded Contract II Water and Sewer Improvements, to John Bankston Construction & Equipment Rental, Inc.; and, WHEREAS, Change Order No. 1 has been created to adjust "as-built" quantities, provide compensation for extra work necessary to complete the project and to adjust the contract's time period. Change Order No. 1 increases the original contract amount from $684,706.00 to $733,491.04, a 7% increase; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager be, and he is hereby authorized, to execute Change Order No. 1 with John Bankston Construction & Equipment Rental, Inc. and that in accordance with the terms of the contract the job is hereby accepted and final payment in the amount of $51,122.40 is authorized to be paid to John Bankston Construction & Equipment Rental, Inc. PASSED BY THE CITY COUNCIL of the City of Beaumont this theo77f*day of Q-4�� 1992. - Mayor -