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<br />Fifth: That Contractor guarantees that the material <br />and workmanship furnished and performed under this contract <br />shall be guaranteed for one (1) calendar year from the date <br />of final acceptance of the project. <br /> <br />Sixth: <br />point repairs, <br />total contract <br /> <br />In the event City chooses to proceed with <br />the cost of same shall be in addition to the <br />price of $69,450.00. <br /> <br />Seventh: That in consideration of the faithful <br />compliance with the terms and conditions of this Agreement <br />City shall pay to the Contractor upon final acceptance of <br />the proj ect $69,450.00, which payment is subject to the <br />terms of paragraph Three above. Payment terms shall be net <br />10 days. <br /> <br />IN WITNESS WHEREOF, said Contractor and said City have <br />caused this Agreement to be executed on the d?y and year <br />first above written. <br /> <br />CITY OF PARIS <br /> <br />By: <br /> <br />Billy Joe Burnett, Mayor <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br /> <br />INSITUFORM TEYARK, INC. <br /> <br />By: <br />Mark Slack, Vice <br />President <br /> <br />ATTEST: <br /> <br />Secretary <br />