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HomeMy WebLinkAbout67-182 06-13-1967RESOLUTION NO. 182 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 "A" totaling $67.20, 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 disbunse- ment to the escrow bank holding the funds for disbursement. PASSED AND APPROVED this 13th day of June, 1967, by the Euless City Council, by a vote of 5 ayes and 0 nays. Mayor ATTEST: /1:4---eLet./ (Y:e4A-ija City Secretary EXHIBIT "A" CHARGES APPLICABLE TO WATER & SEWER SYSTEM CAPITAL IMPROVEMENT ESCROW FUNDS PROJECTS AND OTHER CHARGES TO BE PAID FROM THE ESCROW FUND KNOWLTON - RATLIFF- ENGLISH, CONSULTING ENGINEERS Engineering Services - Hurricane Creek Outfall Relocation TOTAL $ 67.20 $ 67.20