HomeMy WebLinkAboutR-74-00181111 111111111N14111Yiii
SRS/ts
1/7/74
RESOLUTION No. 7444
A RESOLUTION AUTHORIZING AND DIRECTING THE CITY
ATTORNEY TO ENTER INTO AN AGREEMENT SETTLING
ALL CONTROVERSIES BETWEEN HOWARD-PRICE COMPANIES
(A JOINT VENTURE) AND THE CITY OF MIAMI PERTAIN-
ING TO THE CONSTRUCTION.CONTRACT FOR WEST PINEMOUNT
SANITARY SEWER IMPROVEMENTS SR-5233C (CENTERLINE
SEWER) AND SR-5233S (SIDELINE SEWER); AUTHORIZING
A FINAL PAYMENT OF $72,416.39 AS A RESULT OF SUCH
SETTLEMENT AGREEMENT; AND RESCINDING THE APPLICABLE
PORTIONS OF RESOLUTION 73-189 (MARCH 22, 1973)
ACCORDINGLY.
WHEREAS, in Resolution No. 73-189 (March 22, 1973)
$64,016.24 was assessed as liquidated damages for overrun
of contract time and other costs against Howard -Price Companies
(a joint venture) and $33,400.15 was authorized as the final
payment in connection with the completion of the contract
for the construction of West Pinemount Sanitary Sewer Im-
provements SR-5233C (centerline sewer) and SR-5233S (sideline
sewer), and
WHEREAS, it now appears advisable to settle the litiga-
tion and controversies between Howard -Price Companies and the
City regarding this construction contract on the basis of a
final payment of $72,416.39,
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The City Attorney is hereby authorized to
enter into an agreement settling all controversies between
Howard -Price Companies (a joint venture) and the City of Miami
pertaining to the construction contract for West Pinemount
Sanitary Sewer Improvements SR-5233C (centerline sewer) and
SR-5233S (sideline sewer) on the basis of a final payment
of $72,416.39 to Howard -Price Companies (a joint venture).
Section 2. Sections 2 and 3 of Resolution No. 73-189
(March 22, 1973) in which $64,016.24 was assessed as liquidated
damages for over run of contract time and other costs against
Howard -Price Companies and $33,400.15 was authorized as the
final payment to said firm are hereby rescinded.
Section 3. The proper officials of the City of Miami
are hereby authorized and directed to pay Howard -Price
Companies (a joint venture), a balance of $72,416.39 as full
and final payment for all work performed and all materials
furnished in connection with the contract for West Pinemount
Sanitary Sewer Improvements SR-5233C (centerline sewer) and
SR-5233S (sideline sewer) in West Pinemount Sanitary Sewer
Improvement Districts SR-5233C (centerline sewer) and SR-5233S
(sideline sewer).
PASSED AND ADOPTED this Q day of .`y04040
7
1974.
PREPARED AND APPROVED BY:
t5A1
S. R. Sterbenz
Assistant City Attorney
APPROVED AS TO
A Aim/
en S. Lloyd
y Attorney
F
AND CORRECTNESS:
"DOCUMENT INDEX
ITEM NO. - "
CtT\. C ON1'n,';., .:,:
JAN i 01119974
RESOLUTION .7.. 7