161.96
RESOLUTION AUTHORIZING RELEASE OF RETAINER BALANCE TO
GF REFRIGERATION & HEATING WORKS
RESOLUTION NO. 161, 96
INTRODUCED BY: Mrs. Carol Pulver
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, G. F. Refrigeration & Heating Works, Marvin S.
Dobert, Sr., deposited the total sum of $22,900. with the Town of
Queensbury to assure the faithful performance of the contract and
payments of labor and material reasonably required to be used in
completion of the agreement to furnish and install air conditioning
systems in the Activities Center of the Town of Queensbury, and
WHEREAS, the Town Board of the Town of Queensbury has been
advised that the air conditioning project has been fully completed
and is satisfactorily operating, and 90% of the $22,900., plus
interest, was previously returned, leaving a balance of 10%
($2,290.), plus any accrued interest, and
WHEREAS, the balance of funds in connection with the air
conditioning contract is to be returned to GF Refrigeration &
Heating Works six (6) months after the air conditioning systems
have been fully and completely installed and made operational, and
WHEREAS, it has been at least six (6) months since the air
conditioners were installed and operational,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
authorizes to pay the balance of 10% of the retainage in the amount
of $2,290, together with any accrued interest, to be returned to
G.F. Refrigeration & Heating Works, Marvin S. Dobert, Sr.
Duly adopted this 18th day of March, l996, by the following
vote:
AYES : Mrs. Pulver, Mrs. Monahan, Mr. Turner, Mrs. Goedert,
Mr. Champagne
NOES : None
ABSENT : None