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<br />144 <br /> <br />RESOLUTION 1978-43-R <br /> <br />I <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SAN MARCOS, TEXAS, AUTHORIZING ACCEPTANCE <br />OF THE COMPLETION OF THE SUNSET ACRES DRAINAGE <br />EXTENSION PROJECT AND AUTHORIZING FINAL PAY- <br />MENT FOR SAID PROJECT ON THE CONDITION THAT <br />LIQUIDATED DAMAGES BE DEDUCTED FROM SAID FINAL <br />PAYMENT; AND ESTABLISHING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of San Marcos has contracted with Joe McDaniel <br /> <br />of Austin, Texas for the construction of the Sunset Acres Drainage <br /> <br />Extension Project; and, <br /> <br />WHEREAS, said project has been completed and has been found acceptable;, <br /> <br />now, therefore, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, ~~EXAS: <br /> <br />Part 1. That the work performed by Joe McDaniel in constructing the <br /> <br />Sunset Acres Drainage Extension Project be and is hereby accep1:ed as <br /> <br />being complete. <br /> <br />I <br /> <br />Part 2. That liquidated damages in the amount of $13,375.00 (107 days <br />at $125.00 per day) be retained by the City. <br /> <br />Part 3. That final payment to Joe McDaniel be and is hereby authorize, <br /> <br />in the total amount of fifty four thousand eight hundred and twenty <br /> <br />six dollars and forty-nine cents ($54,826.49). <br /> <br />Part 4. That this Resolution shall take effect inunediately from and <br /> <br />after its passage. <br /> <br />ADOPTED this 1st day of May, 1978. <br /> <br />I <br /> <br />'7~O~~ <br /> <br />Robert L. Cavazos <br />Mayor <br /> <br />4 :dt~ <br /> <br />Doriss Hambrick <br />City Secretary <br /> <br />dZ2g~ <br /> <br />Charles E. Evans <br />City Attorney <br />