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HomeMy WebLinkAbout66-145 08-09-1966RESOLUTION NO. 145 WHEREAS, from the proceeds of $5,800,000.00 of Water and Sewer System Revenue Bonds dated July 15, 1965, there has been set aside $200,000.00, in a fund entitled "Capital Improvement 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, the City Council has previously taken action to authorize certain projects to be paid from this fund and certain items to be charged to this fund which are Capital Improvements to the Water and Sewer System of the City of Euless. NOW, THEREFORE, BE IT RESOLVED, that the projects and /or items named in the attached Exhibit "B" totaling $69,538.89, be paid from the proceeds of the $200,000.00, Capital Improvement Escrow Fund, and the Mayor and City Secretary are hereby authorized to issue certificates of approval for disbursements to the escrow bank holding the funds for disbursements. PASSED AND APPROVED this 9th day of August , 1966, by the Euless City Council, by a vote of 4 ayes and 0 nays. ATTEST: City Secretary ITEM V COUNCIL MINUTES August 9, 1966 Exhibit "B" CHARGES APPLICABLE TO WATER & SEWER SYSTEM CAPITAL IMPROVEMENT ESCROW FUNDS PROJECTS AND OTHER CHARGES TO BE PAID FOR FROM THE ESCROW FUND Gregory, Knowlton & Ratliff Ben Sira Construction Co. (Replacement of Water Mains prior to street construction) (Minutes - July 12, 1966, Item VII) Crowley Construction Co. (Water crossing at Sulphur Branch and Pipeline Road) (Minutes - July 12, 1966, Item VI) Shull Construction Co. (Outfall sewer line, Timberline) (Minutes June 16, 1966, Item VII) Re- locating Sewer Crossing - Simmons and Ector - City's Participation (State Highway pays approximately 95 %) (Minutes May 24, 1966, Item VII) Shull Construction Co. (Timberline Estates Water and Sewer Extensions) (Minutes May 24, 1966, Item X) City's Participation $ 3,789.07 54,129.50 3,332.50 2,785.00 450.00 5,052.82 TOTAL $ 69,538.89