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HomeMy WebLinkAboutOrdinances Book 13, Page 372, No Resolution Number372 � PFPFn U7 IG, / 9 A RESOLUTION AUTHORIZING THE PATKENT TO D. If. FALLS CONSTRUCTION COT-TANY OF THE BALANCE OWIDiG ON THE CONTRACT PRICE FOR THE CON- STRUCTION OF STORid MIER PROJECT N0. ICY 15 -CF -8 SUBJECT TO CERTAIN CONDITIONS 11HEREAS heretofore the City of Paducah, Kentucky contracted with D. 111. Falls Construction Company for the construction of a storm sewer project known as Project No. KY. 15 -CF -8 to be financed by a grant from the Housing and Home Finance Agency of the United States of America, and IJHEREAS said project has been completed by said D. W. Falls Construction Company and the unpaid portion of the contract price amounts to ;?57,083.40, and WHEREAS the City of Paducah now has said amount on hand from funds granted by the aforesaid Housing and Home Finance Agency, and I^HEREAS certain claims have been presented to the City for damages alleged to have been cuased by the said D. If. Falls Construction Company, and HIVEREAS the City of Paducah, Kentucky now desires to pay to the said D. W. Falls Construction Company the aforesaid balance due it provided said claims for damages are settled. 1d01.1 THEREFORE, BE IT RESOLVED BY THE BOARD OF COT- •iISSIONERS OF THE CITY OF PADUCAH, IENTUCKY_: SECTION 1. That the balance of 057,083.40 due D. If. Falls Construction Company as a final payment for the construction of storm sewers known as Project No. KY 15 -CF -8 be allowed, and that the City Treasurer be, and he is hereby, authorized to pay same from the Housing and Home Finance Agency funds in his hands subject to the hereinafter set out conditions and provisions. SECTION 2. The City Treasurer is hereby authorized and directed to issue a check to the order of D. W. Falls Construction Company in the sum of ;;57,0$3.40 drawn upon the HIIFA Sewer Account, Project Ido. KY 15 -CF -8, and is hereby authorized and directed to deliver said check to the Corporation Counsel of the City of Paducah, Kentucky to be delivered to D. W. Falls Construction Company, or its Attorneys, Reed and Hines, upon the settlement of the following damage claims against said D. W. Falls Construction Company: The Country Club of Paducah in the amount of ;?189.50 Mrs. E. R. I-lcBride in the sum of ;1225.00 Mrs.' John McKnight in the sum of :;?80$.50 The Paducah Park Board for damages to Noble Park in the sum of N620.00 The City of Paducah for damages to streets in the sum of "?2,000.00 373 SECTION 3, The Corporation Counsel is hereby directed and authorized to accept certified checks payable to the above claimants in the aforesaid sums or to accept escrow receipts :from any bank in Paducah shown{, that the above amounts are held in escrow for the protection of the City. SECTIOR 4, This Resalution shall be in :full force and effect from and after its adoption. / 6�, , a� i�a,yor Passed by the Board of Commissioners July 26, 1955 Recorded by Sarah Thurman, City Clerk, July 26, 1955