1988-047-RES WHEREAS, the City of Paris acting under emergency powers granted by the City Council on the 14th day

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CONTRACT AGREEMENT THIS AGREEMENT, made and entered this 16th day of May, 1988, by and between INSITUFORM TEXARK, INC., hereinafter called "Contractor" and the City of Paris, Paris, Texas, acting by and through its Mayor, Billy Joe Burnett, herein- after called "City". WITNESSETH THAT: WHEREAS, the City of Paris acting under emergency powers granted by the City Council on the 14th day of March, 1988, solicited proposals for the reconstruction or repair of the North Interceptor from approximately 365 feet from the manhole near the South Right-of-Way line of Loop 286. N.E., Northeast to a manhole North of the North Right-of-Way line of said Loop 286 N.E.; and, WHEREAS, Contractor did offer a proposal for Insituform reconstruction for 353 linear feet diameter sewer for a total price of $69,450.00, and Earl Smith, City Engineer of the City of Paris, recommends the acceptance of said proposal; NOW, THEREFORE, IT IS AGREED: First: That the Contractor shall comply requirements of those certain specifications "Specifications for Reconstruction Sewers by Insituform." wi th the entitled use of Second: That Contractor will provide all labor, materials and equipment for the reconstruction of a portion of the 27 inch diameter sewer main crossing Loop 286 N.E., East of Stillhouse Road. Third: That contract after pre estimate of point $10,500.00. City has the right to terminate this Insituform inspection and rendering of repairs, if any, by the payment of Fourth: That Contractor agrees to have in full force and effect throughout the term of this contract a policy of insurance in the following amounts: A. General Liability - $1,000,000.00 B. Workers' Compensation - Limits required by the laws of the State of Texas. EXHIBIT A