HomeMy WebLinkAbout67-169 03-14-1967RESOLUTION NO. 169
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 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 resolution of the City
Council, and
WHEREAS, the City Council has previously taken action to authorize
certain protects to be paid from this fund and certain items to be charged to
this fund which ere Capital improvements to the Water and Sewer System of the
City of Euless,
NOW, THEREFORE, BE IT RESOLVED, that the protects and /or Items
gamed in the attached Exhibit "B" totaling $2,000.00, 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 disbursements
to the escrow bank holding the funds for disbursements.
PASSED AND APPROVED this 14th day of March, 1967, by the Euless
City Council, by a vote of 3 ayes and 0 nays.
ATTEST:
City Secretary
EXHIBIT "B"
CHARGES APPLICABLE TO CATER i SEWER $MEM. CAPITAL IMPROVEMENT ESCROW FUNDS,
PROJECTS AND OTHER CHARGES TO BE PAID FROM THE ESCROW FUND
CITY OF EULESS WATER AND SEWER SYSTEM OPERATION
AND MAINTENANCE FUND
Reimbursement for payment of Clvic Center facilities
TOTAL
$7.000.09
S2.00.00