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R-82-491 - 12/23/1982WHEREAS, Dorsett Construction Company has defaulted in its contract to construct the Round Rock Central Fire Station, and WHEREAS, Reliance Insurance Company provided the performance and payment bonds on the project, and WHEREAS, the City is currently holding $37,399.50 in retainage to assure full completion of Dorsett's contractual obligations, and WHEREAS, Reliance has agreed to step in and complete the project and correct certain defects covered by warranty, and WHEREAS, the City Council wishes to enter into an agree- ment with Reliance concerning the completion of certain work items and payment of the retainage, NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS That the Mayor is hereby authorized and directed to execute on behalf of the City an agreement with Reliance Insurance Company, a copy of said agreement being attached hereto and incorporated herein for all purposes. ATTEST: J NNE AP RESOLVED this . h day of Dece • r, 1982. a LAND, City Secretary RESOLUTION NO. 4 Y L. TONN, ' ayor City of Round Rock