HomeMy WebLinkAbout66-150 09-13-1966RESOLUTION NO. 150
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 wokk 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 $835.51, be paid from the proceeds of the
$200,000.00, Capital ImprovementsEscrow 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 13th day of September, 1966, by the
Euless City Council, by a vote of 4 ayes and 0 nays.
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MAYOR ,
ATTEST:
City Secretary
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 (Project 6314 -X)
Water & Sewerage - Initial Improvements
For Period of July, 1966
X.2- Replacement of Water Mains Prior to Street
Reconstruction
X.4- Mosier Valley Lift Station
X.5- Highway Adjustment - FM 157 & Spur 350
TOTAL $ 835.51