Subject: 19231/ChgOrder 1/69B/Hixson Coll/Mayse Constr. Co. Date: Wed, 31 Jul 1991 12:22:00 -0500 RESOLUTION NO. 19231 A RESOLUTION AUTHORIZING THE APPROVAL AND EXECUTION OF CHANGE ORDER NO. 1, CONTRACT NO. 69B, HIXSON COLLECTION IV, WITH MAYSE CONSTRUCTION COMPANY, INC., WHICH CHANGE ORDER WILL INCREASE THE ORIGINAL CONTRACT PRICE BY EIGHTY-FOUR THOUSAND, SEVEN HUNDRED NINETEEN AND 25/100 DOLLARS ($84,719.25), OF WHICH SEVENTEEN THOUSAND, NINE HUNDRED SEVENTY-EIGHT AND NO/100 DOLLARS ($17,978.00) SHALL BE PAID FROM THE STREET REHABILITATION FUND AND SIXTY-SIX THOUSAND, SEVEN HUNDRED FORTY-ONE AND 25/100 DOLLARS ($66,741.25) SHALL BE PAID FROM THE SEWER CONSTRUCTION FUND, FOR A REVISED TOTAL NOT TO EXCEED FOUR HUNDRED NINETEEN THOUSAND, SIX HUNDRED THIRTY-NINE AND 25/100 DOLLARS ($419,639.25), WITHOUT PRIOR APPROVAL. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That there be and is hereby authorized the approval and execution of Change Order No. 1, Contract No. 69B, Hixson Collection IV, with Mayse Construction Company, Inc., which change order will increase the original contract price of $334,920.00 by $84,719.25, of which $17,978.00 shall be paid from the Street Rehabilitation Fund and $66,741.25 shall be paid from the Sewer Construction Fund, for a revised total not to exceed $419,639.25, without prior approval. ADOPTED: November 12, 1991 :cjc