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HomeMy WebLinkAboutCC RESO 11,586RESOLUTION NO. 11,586 RESOLUTION DIRECTING THE CITY MANAGER TO MAKE PROGRESS PAYMENTS ON COMPLETED PORTIONS OF THE CONTRACT (10th Street, llth Street, 12th Street, "R" Avenue, Paradise Drive and Palm Avenue, Assessment District No. 161) WHEREAS, the duration of the contract has imposed a financial hardship upon the contractor in that he is required to expend large sums of money without reimbursements therefor until the completion of all the work, and WHEREAS, contractor has been progressing toward the completion of the work in due course and in a manner satis- factory to the City, and WHEREAS, it is in the best interest to the City to make said periodic progress payments to reduce this unfore- seen hardship on said contractor; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the City Manager is hereby authorized to direct such periodic payments as in his judg- ment are justified because of completed portions of the con- tract. PASSED AND ADOPTED this 17th day of September, 1974. ATTEST: CIT CLERK BY: ) Yl • �rc�rr�� Deput y