HomeMy WebLinkAbout67-167 01-24-1967RESOLUTION NO. 167
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 $1680.08, be paid from the proceeds of
the $200,000.00, Capital Improvements Escrow Fund, and the Mayor and City Secre-
tary are hereby authorized to issue certificates of approval for disbursements to
the escrow bank holding the funds for disbursements.
PASSED AND APPROVED this 24th day of January, 1967, by
the Euless City Council, by a vote of 4 ayes and 0 nays.
ATTEST:
City Secretary
Mayor
ITEM XIX
COUNCIL MINUTES
January 24, 1967
ANN
EXHIBIT "B"
CHARGES APPLICABLE TO WATER & SEWER SYSTEM CAPITAL IMPROVEMENT ESCROW FUNDS
PROJECTS AND OTHER CHARGES TO BE PAID FROM THE ESCROW FUND
Gregory, Knowlton & Ratliff, Consulting Engineers
Water Main Replacement Project # X.2
Sewer Adjustments Spur 350 Project # X.5
$1,669.28
$ 10.80
TOTAL $1,680.08