HomeMy WebLinkAbout66-156 10-25-1966RESOLUTION NO. 156
WHEREAS, from the proceeds of $5,800,000.00 of Water and Sewer
System Revenue Bands 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 Engineers, 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 $2,287.49, be paid from the proceeds
of the $200,000.00, Capital Improvements Escrow Fund, and the Mayor and City
Secretary are hereby authorized to issue certificates of approval for disburse-
ments to the escrow bank holding the funds for disbursements.
PASSED AND APPROVED this 25th day of October, 1966, by the Euless
City Council, by a vote of 4 ayes and 0 nays.
Mayor
ATTEST
City Secretary
ITEM VII
Council Minutes
October 25, 1966
EXHIBIT "B"
CHARGES APPLICABLE TO WATER & SEWER SYSTEM CAPITAL IMPROVEMENT ESCROW FUNDS
PROJECTS AND OTHER CHARGES TO BE PAID FROM THE ESCROW FUND
Ben Sira Company
Balance approved on the Fourth and Final Estimate
Replacement of Water Main and Services prior to
street construction
$ 2,287.49
$ 2,287.49