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<br /> 56 <br /> RESOLUTION 1991-l5l R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, APPROVING FINAL PAYMENT TO PECAN <br /> VALLEY ELECTRIC COMPANY, FOR COMPLETION OF THE <br /> RUNWAY 8-26 RECONSTRUCTION PROJECT (LIGHTING AND <br /> ELECTRICAL) 1 ACCEPTING THE PROJECT FOR USE BY THE <br /> CITY; AUTHORIZING FINAL PAYMENT IN THE AMOUNT OF <br /> $58,983.73; AND DECLARING AN EFFECTIVE DATE. <br /> WHEREAS, the City of San Marcos has engaged the <br />serv ices of Pecan Valley Electric Company for completion of <br />that project known as the Runway 8-26 Reconstruction Project <br />(Lighting and Electrical); and, <br /> WHEREAS, these services were provided pursuant to a <br />contract between the City and the contractor, executed on <br />October 23, 199Ø; now, therefore, <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS: <br /> PART 1. That the project known as the Runway 8-26 <br />Reconstruction Project (Lighting and Electrical), has been <br />completed pursuant to that contract of October 23, 199Ø, <br />between the City and Pecan Valley Electric Company and is <br />hereby accepted for use by the City of San Marcos, Texas. <br /> PART 2. That payment in the amount of $58,983.73 to <br />Pecan Valley Electric Company in full and final payment for <br />these services is hereby authorized. <br /> PART 3. That this Resolution shall be in full <br />force and effect from and after its passage. <br /> ADOPTED this 25th day 0 ovember , 1991. ~ <br /> M. M~s' ~ <br />Attest: <br />Janis K. Womack <br />City Secretary <br />