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<br />154 <br /> <br />RESOLUTION 1988-68R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A SUBSTANTIAL COMPLETION <br />PAYMENT TO DRYMALLA CONSTRUCTION COMPANY, INC. FOR <br />ITS WORK ON THAT PROJECT KNOWN AS THE PUBLIC WORKS <br />COMPLEX, SAN MARCOS, TEXAS, ACCEPTING SAID PROJECT <br />FOR SUBSTANTIAL USE BY SAID CITY, AUTHORIZING A <br />SUBSTANTIAL COMPLETION PAYMENT IN THE AMOUNT OF <br />$243,469.50 PROVIDED DRYMALLA CONSTRUCTION COMPANY, <br />INC. PROVIDES SATISFACTORY EVIDENCE THAT ALL OF ITS <br />INDEBTEDNESS CONNECTED ~vITH SAID PROJECT HAS BEEN <br />PAID OR OTHERWISE SATISFIED, AND DECLARING AN <br />EFFECTIVE DATE. <br /> <br />WHEREAS, the City of San Marcos, Texas, has engaged the <br />services of Drymalla Construction Company, Inc. for <br />construction of that project known as the Public Works <br />Complex, San Marcos, Texas; and, <br /> <br />WHEREAS, said services were provided pursuant to a <br />contract between the Ci ty of San Marcos, Texas, and said <br />contractor entered into on January 29,1987; now, therefore, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br /> <br />Par t 1. Tha t the proj ec t known as the publ ic Wor ks <br />Complex has been substant ially completed pursuant to that <br />contract of January 29th, 1987, between said City and <br />Dryrnalla Construction Company, Inc. <br /> <br />Part 2. That a substantial completion payment in the <br />amount of $243,469.50, as full payment for substantial <br />completion for sa id serv ices is hereby author i zed, prov ided <br />that Drymalla Construction Company, Inc. prov ides <br />satisfactory evidence that all of its indebtedness connected <br />with said project has been paid or otherwise satisfied. <br /> <br />Part 3. That this Resolution shall become effective <br />from and after its approval by the City Council. <br /> <br />ADOPTED this <br /> <br />27 <br /> <br />day of June <br /> <br /> <br />~a~h:B." ~ <br />=\ ~~& <br /> <br />, 1988. <br />, <br /> <br />~ <br /> <br />~tt st: A)' ¡ <br />" '.~:;Jt~~ <br /> <br />Ja IS K. Womack <br />City Secretary <br />