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HomeMy WebLinkAboutRES 16-067RESOLUTION NO. 16-067 WHEREAS, on December 8, 2015, the City Council of the City of Beaumont, Texas adopted Resolution No. 15-277 approving the award of a contract to L.D. Kemp Excavating, Inc., of Fort Worth, Texas, in the amount of $1,411,638.40 for the Solid Waste Landfill Cell 2 Construction Project; and, WHEREAS, the first progress payment on the project was made March 9, 2016, prior to financing being secured; and, WHEREAS, it is necessary to approve reimbursement of the expenditures in order to allow the City to reimburse itself out of the proceeds of the financing for payments during the project; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT the City Council hereby approves providing for the reimbursement of capital expenditures incurred prior to financing for the Solid Waste Landfill Cell 2 Construction Project. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 12th day of April, 2016. 41, 'l - Mao Becky Ames -