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HomeMy WebLinkAboutRES 97-176 RESOLUTION NO. WHEREAS, on May 28, 1996, the City Council of the City of Beaumont, Texas, awarded a contract to Allco, Inc. in the amount of $2,947,124.24 for the construction of the South Park Drainage Project; and WHEREAS, during the course of the project, three change orders [Change Order No. 1 increased the contract by $386,914.18 and Change Order No. 3 increased the contract by $14,099.41 approved by City Council on July 23, 1996 and January 21, 1997 respectively; Change Order No. 2 for the amount of $5,445.00 did not require Council's approval], Change Order No.4 in the amount of $14,205.71 [increasing the contract amount to $3,367,788.54] is required to adjust the estimated quantities to reflect final quantities actually used in the contract; 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 a Change Order No. 4 in the amount of$14,205.71. The project, as stated above, be and the same is herein accepted and the City Manager be and he is hereby authorized to make final payment of the retainage in the amount of$168,389.43 to be paid to Allco, Inc. PASSED BY THE CITY COUNCIL of the City of Beaumont on this the ,5?12- day of �[ , 1997. - Mayor -