2004-206-RES APPROVING RELEASE OF RETAINAGE AND FINAL ACCEPTANCE OF THE PROJECT PURSUANT TO THE CITY'S CONSTRUCTION CONTRACT WITH CHICAGO BRIDGE AND IRON CONSTRUCTORS INC

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RESOLUTION NO. 2004-206 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, APPROVING RELEASE OF RETAINAGE AND FINAL ACCEPTANCE OF THE PROJECT PURSUANT TO THE CITY'S CONSTRUCTION CONTRACT WITH CHICAGO BRIDGE AND IRON CONSTRUCTORS, INC. FOR THE CONSTRUCTION OF THE 2.5 MILLION GALLON ELEVATED WATER STORAGE TANK; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris did heretofore, on the 14th day of October, 2002, in Resolution No. 2002-060, award Contract for construction of the 2.5 million gallon elevated water storage tank to Chicago Bridge & Iron Constructors, Inc.; and, WHEREAS, Bucher, Willis & Ratlif Corporation, acting as project engineer, recommends closing the contract with Chicago Bridge & Iron Constructors, Inc. by making final payment of retain age in the amount of$10,000 as shown in Exhibit A attached hereto; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble of this resolution are hereby in all things approved. Section 2. That the payment of retainage in the amount of $1 0,000 and acceptance of the project pursuant to the City's construction contract with Chicago Bridge & Iron Constructors, Inc. for construction of the 2.5 million gallon elevated water storage tank as shown on Exhibit A attached hereto, be, and the same is hereby, approved. Section 3. That this resolution shall be effective from and after the date of passage. PASSED AND APPROVED this13th day of December, 2004. ATTEST: /J~ U~ Sherian Dixon, Assistant City Clerk