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Draft RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, RATIFYING THE APPROVAL OF FINAL PAYMENT AND CLOSEOUT OF THE TEXAS WATER DEVELOPMENT BOARD "TWDB" CONTRACT #62525 CID 003 FOR THE CONSTRUCTION OF PHASE III WATER SYSTEM REPLACEMENT WITH RBIS, LLC OF TEXARKANA, TEXAS IN THE AMOUNT OF TWENTY TWO THOUSAND SEVEN HUNDRED FIFTY THREE DOLLARS AND 29/100 ($22,753.29); MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on June 22, 2015 the City of Paris entered into TWDB Contract #625825 CID 003 for the construction of Phase III Water system Replacement with RBIS, LLC of Texarkana, Texas; and, WHEREAS, on April 11, 2016, the City of Paris staff and consulting Engineer, Hayter engineering, Inc., certified that the work of the contract was complete and ready for final payment and that it was completed in conformance with the contract documents, plans, specifications and Change Order #2 and Final; and, WHEREAS, the construction contractor, RBIS, LLC of Texarkana, Texas has certified that they have met all contractual obligations; and WHEREAS, the one -year warranty begins on April 1, 2016 and ends at midnight on March 31, 2017 as provided in the provisions of the contract documents; and WHEREAS, the final contract amount is $381,376.20 after change order and reconciliation of final quantities; and WHEREAS, the remaining monies due RBIS, LLC is ready for final payment upon the City of Paris' receipt of funds and approvals from the Texas Water Development Board in the amount of TWENTY TWO THOUSAND SEVEN HUNDRED FIFTY THREE DOLLARS AND 29/100 ($22,753.29); and WHEREAS, the City Council accepted the contract and approved final payment at its regular meeting on June 13, 2016; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the Contract was officially accepted and final payment was approved by the City Council at its regular meeting on June 13, 2016, and the same is hereby ratified.