HomeMy WebLinkAboutResolution 1979-014
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RESOLUTION NO. 1q,./~
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WHEREAS, numerous streets named in the bond program have in fact
been ~~erlaid with money from the operating budget; and
WHEREAS, the quality of the overlay is generally holding up as well
or better than thòse done under the bond contract;
NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized
to reimburse the operating budget .from bond monies' in·the amount of $80,000.00
which is approximately 71% of material monies expended on said streets.
Said monies are to be committed as follows:
$20,000.00 - Added to CIP funds already committed to traffic
signalization of Grapevine Highway and Harwood Road.
$35,000.00 - Drainage on Bursey Road in vicinity of
Valley Road.
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$25,000.00 - Construction equipment to improve street overlay
capabil i ty.
PASSED AND APPROVED this
day of
,1979.
Dick Faram, Mayor
ATTEST:
Jeanette Moore, City Secretary
APPROVED AS TO FORM AND LEGALITY:
Rex McEntire, City Attorney