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HomeMy WebLinkAboutResolution 445 Liquidated Damages on SID No. 296 <', 21 .. t,~ .1- "'~!\'i" Or'" "o]'YJ<' '"1m' R"cOI UTI T TO 4<': "" ((,'i'" v VI ,: ,::,~) '- "r!,..) _, or.. 1-; . 4 ;:) "'/ ''''':/''(t '*' '. C:",( A RU;SOLUTIOH O? TE~~ com,'ISSIQ}; OF' THE CI'I'Y OF BOZ::~~:lil\~ VIAIvn:G LH~UIJAT:=D '",)'.~,-,'<'y,J' DAI/,AG~;S AN) EXTElrnriG 1'HE rrIEE l<'on Cm.I1-L:~TnTG 'l'IiE STR:'>L';T n-THOYE!\IJ.:]\,T . CONTR!\CT 01: S?3CIAL IKPROVEVE~T DIS~RICT NO. 296. ...." 'NITEREAS , The City of Bozeman and the Standard Construction Company have entered into a contract for the perfor~qnce of certain work, in connec tlon wi tb the construction I "' the Street ImprovePlent Project of the Ovmer; 0.1 'UIElnAS, it is provide('l in the saId contract that, in the event the saId work is not completed by the 28th day of December, 1:)38, the said Contractor shall pay the Owner as liquida ted daJ:'l~3.ges an amount computed on the basis of $10..00. for each day thB said worT;;: re),.,.a in s unc or;ple tad after t~e aforesaid dn te j and V:[I~~RT!~i1S , for the reasons hereinafter enumerated, it has become impossible for the Con tnlc tor to perform the said contract within the con trac tural do. te for cOLlplc tion; viz freezinp and other conditions of winter weather ~ake it impossible to la v nElvini7 and t.. ,J. '....1 that such pavement can not be laid un til fros t is ou t of the ground. Due to the }-;,igh elevation in the locf:J tion of this pro ,ject, it is unsafe to predict tl18.t f&)st will be I \..- entirely f":-me and weather con:LLtlors favorable for the completion of such pavinG work before June Is t,