HomeMy WebLinkAboutCity Council Resolutions (R-02-1981)-06/18/2002
RESOLUTION R-02-1981
A RESOLUTION AUTHORIZING THE APPROVAL OF CHANGE ORDER 1 TO THE
CONSTRUCTION CONTRACT FOR THE COLLEYVILLE CITY HALL AND LIBRARY
WITH RATCLIFF CONSTRUCTORS, INC.
WHEREAS, the construction contract with Ratcliff Constructors, Inc., was approved by
Council on February 26, 2002; and
WHEREAS, construction started in early March of 2002; and
WHEREAS, additional onsite and offsite utility improvements are required.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1.
THAT $302,751, for the construction contract Change Order 1 with Ratcliff
Constructors, Inc., for the Colleyville City Hall and Library, is hereby
approved,
Sec. 2.
THAT Realty Capital Corporation, will reimburse the City of Colleyville
approximately $105,000 for utility improvements within thirty (30) days
from the date the City notifies Realty Capital Corporation, of the City's
payment of the utility improvements. Any amount not paid by that date
shall bear interest at the rate of 9 % percent simple interest compounded
annually until paid. In any event, the amount to be paid by Realty Capital
Corporation shall be paid on or before the issuance of any building permits
for Phase II or December 31, 2004.
AND IT IS SO RESOLVED.
PASSED BY A VOTE OF ...s AYES, 02- NAYS, AND () ABSTENTIONS ON
THIS THE /8M DAY OF ~ 2002.
ATTEST:
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Cynthia Singleton, TRMC
City Secretary
CITY OF COLLEYVILLE
i:d~
Mayor