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HomeMy WebLinkAbout66-144 08-09-1966RESOLUTION N0. 144 WHEREAS, from the proceeds of $5400,000.00, ©00.00, of Mater and Serer System Revenue Sonds dated July 15, 1965, there hes been set aside $400,000.00, in a fund entitled "Capital h provement Fund" to be disbursed only upon proper checks, warrants, or vouchers representing the cost of work done and material furnished In connection with necessary capital improvements pertaining to the system based upon contractor's estimate submitted to and approved by the City's Consulting Engineer and approved and ordered paid by a resolution of the City Council, and, WHEREAS, disbursements of this nature, have been handled to the fullest extent possible from the operating fund of the water and sewer department, end, WHEREAS, reirabwarsersnt of such disbv is is a proper charge against the Capital Improvements Fund; NOW, THEREFORE, II IT RESOLVED that such previous expenditures as listed in the attached exhibit, approved by the Consulting Engineer, and which had been previously approved by the City Council be reimbursed to the Operation and Maintenance Fund of the water department In the amount of 524,236.39, and the Mayor and City Secretary era hereby authorized to issue the certificate of approval for disbursement to the First State Bank, Euless, Texas, who is the escrow agent. PASSED AND APPROVED by the Euless City CourtsII this, .h day of August 966, by a vote of .ayes and 0 nays. Exhibit "A" Trinity WS11 No. 19 Pal Well No. If Euless Medical and Dental Arts Clinic E. City's Participation (Minutes Apr11 12, 19N, 1tai XX) APPROVED this Z dy of TOTAL $ 16.797.65 2,223.49 5.217.25 GREGO i-C1/, -CLIFF FORMERLY REAVES, GREGORY & V:OVILTON CONSULIINfi ENGINEERS FORT WORTila TEXAS