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HomeMy WebLinkAbout0383_3783S laborers, workmen and mechanics employed in the construction of public works and the general prevailing rate in the City of Georgetown may be obtained from the office of the City Manager of the City of Georgetown. In general, these wage rates are as follows: For skilled workers $5.25 Maximum per hour For semi -skilled workers 2.00 Minimum per hour For overtime work one and one-half times scale Holidays extra pay under such circumstances NOTICE IS ALSO GIVEN that it is the intention of the City of Georgetown to pay all or a part of the contract price of such work by the issuance and delivery of interest bearing time warrants in the amount of $22,500.00 to be authorized by the City Council on the 16th day of May, 1974, for the purpose of evidencing the indebtedness of the City of Georgetown to be incurred in the payment of such work above described to be performed on the community building located in the San Gabriel Park, City of Georgetown, and for all expenses necessary and incidental thereto; said warrants to bear interest at a rate not to exceed 5-3,14% per year on the unpaid balance and shall have a maximum maturity date not later than five (5) years from date. The City has made arrangements for the con- tractor to dispose of the warrants herein mentioned at par value to the Citizens State Bank of Georgetown, Texas, and the contractor must agree to deliver the warrants at such pricd to the Citizens State Bank of Georgetown, Texas. Given pursuant to resolution adopted by the City Council of the City of Georgetown, Texas, on the 30th day of Apri I, 1974. City MaSiager, City of Georgetown, Texas ADOPTED AND APPROVED This 30th day of April, 1974. ayor, City of Ge , Texas ATTEST: City C er PPROVED: ttorney