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<br />I <br /> <br />I <br /> <br />I <br /> <br />16 <br /> <br />RESOLUTION NO. 1979-12-R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SAN MARCOS, TEXAS, AMENDING THE <br />AMOUNT OF LIQUIDATED DAMAGES ASSESSED <br />AGAINST THE CONTRACTOR FOR THE SUNSET <br />ACRES DRAINAGE PROJECT AND AUTHORIZING <br />RELEASE OF THE REMAINDER OF MONIES HELD <br />FOR COMPLETION OF THE PROJECT. <br /> <br />WHEREAS, the City Council of the City of San Marcos, Texas, <br />by Resolution 1978-43-R dated May I, 1978, approved the <br />completion of the Sunset Acres Drainage Extension Project; <br />and, <br /> <br />WHEREAS, said Resolution also provided that liquidated damages <br />in the amount of $13,375.00 be retained by the City; and, <br /> <br />WHEREAS, the City now wishes to amend the amount of liquidated <br />damages assessed against Joe McDaniel, contractor for said <br />project; now, therefore, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART I. That the amount of liquidated damages to be assessed <br />against the contractor for the Sunset Acres Drainage Project, <br />Joe McDaniel, is hereby declared to be Five Thousand, Five <br />Hundred Dollars ($5,500) (44 days at $125.00 per day) . <br /> <br />PART 2. That the City Manager of said City is hereby authorized <br />to release the remainder of the original amount retained as <br />liquidated damages to Joe McDaniel, said payment to be in the <br />amount of Seven Thousand, Eight Hundred Seventy-Five Dollars <br />($7,875). <br /> <br />PART 3. That this Resolution shall take effect immediately from <br />and after its passage. <br /> <br />ADOPTED this 19th <br /> <br />February <br /> <br />day of <br /> <br />, 1979. <br /> <br />~~.~ <br /> <br />Mayor <br /> <br />~~ <br /> <br />Doriss Hambrick <br />City Secretary <br /> <br />APPROVED: <br /> <br />~~~t~cL <br /> <br />City Attorney <br />