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1973-0327 • i i RESOLUTION NO. 73-32 WHEREAS, the:City Cbuncil of the City of South - lake, Texas', contracted•for the construction of a distribution main from Well No. 2 *ith Lloyd Brothers Construction Company on the 10th day of September, 1973;1,,And,1. F WHEREAS, payment in full has been requested in the sum of $38,'244:56;, And, J WHEREAS, Gerald Lemons of -Carter & Burgess, Inc., engineer for,the City of Southlake, and W. G. Cline, Water`Superintendent, recommended that payment be made.-less,10% at this time and the final 10% to be paid when recommended; Now, r THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: 1. The Mayor is hereby authorized to make payment in the amount of 34,420.11 to Lloyd Brothers Construction Company at this time. 2. The funds for such payment are to be taken from the Bond Funds set aside for this purpose. 3. The final amount due of $3,824.45 will be paid to Lloyd Brothers Construction Company upon receipt of written recommendation from Carter & Burgess, Inc., and W. G. Cline, Water Superintendent. PASSED AND APPROVED this 20th day of November, A. D. 1973. i Mayor ATTEST: City Secretary