1999-033-LAUNDRY FACILITIES FOR THE GEORGE W. WRIGHT HOMES, CONTRACT NO. 715246

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AGREEMENT THIS AGREEMENT is dated as of the 6th day of ADril 19 99 by and between City of Paris, Paris, Texas, called OWNER) and Jerrv Hannina Construction called CONTRACTOR) . in the year (hereinafter (hereinafter OWNER and CONTRACTOR, hereinafter set forth, in consideration of the mutual covenants agree as follows: Article 1. WORK. CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The Work is generally described as follows: construction of 792 sf, brick veneer, composition roof laundry building with concrete paved parking lot and other appurtenant construction, complete in place. The project for which the Work under the Contract Documents may be the whole or only a part is generally described as follows: LAUNDRY BUILDING FOR GEORGE W. WRIGHT HOMES, HOUSING AUTHORITY OF THE CITY OF PARIS. Article 2. ENGINEER. The Project has been designed by City Engineer, City of Paris, Paris, Texas, or his authorized representative, who is hereinafter call ENGINEER and who is to act as OWNER'S representative, assume all duties and responsibilities and have the rights and authority assigned to ENGINEER in the Contract Documents in connection with completion of the Work in accordance with the Contract Documents. Article 3. CONTRACT TIME. 3.1 The Work will be substantially completed within 30 days from the date when the Contract Time commences to run as provided in paragraph 2.3 of the General Conditions, and completed and ready for final payment in accordance with paragraph 14.13 of General Conditions within 45 days from the date when the Contract Time commences to run. 3.2 Liquidated Damages. OWNER and CONTRACTOR recognize that time is of the essence of this Agreement and that OWNER will suffer 19 EXHIBIT A