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<br />CONTRACT AGREEMENT <br /> <br />THIS AGREEMENT, made and entered into this 8th day of August, 1988, <br />by and between CREEK INDUSTRIES, hereinafter called the CONSULTANT <br />and the CITY OF PARIS, Paris, Texas, acting by and through its <br />Mayor, Eric S. Clifford, hereinafter called CITY. <br /> <br />WITNESSETH THAT: <br /> <br />WHEREAS, pursuant to the invitation of the CITY, extended through <br />an officially published "Legal Notice", the CONSULTANT did in <br />accordance therewith, on the 1st day of August, 1988, file with the <br />CITY a proposal containing an offer which was invited by said <br />notice; and <br /> <br />WHEREAS, the CITY has heretofore determined that said offer was the <br />lowest and best submitted: <br /> <br />NOW, THEREFORE, IT IS AGREED: <br /> <br />First: That the CONSULTANT shall comply in every way with the <br />requirements of those certain specifications entitled: <br /> <br />U. S. Department of Commerce, Economic Development Adminis- <br />tration Office of Technical Assistance, Special Terms and <br />Conditions, for Technical Assistance Grant under Title 3. <br />Section 301 (a) of the Public Works and Economic Development <br />Act of 1965, as amended, Effective Date: July 1, 1988, Grant <br />No. 08-06-02603, Title: Food Processing Plant Feasibility <br />Study. <br /> <br />Second: That in consideration of the faithful compliance with the <br />terms and conditions of this Agreement the CITY shall pay to the <br />CONSULTANT at the times and in the manner provided in said specif- <br />ication the total sum of Thirty-Six Thousand Five Hundred Dollars <br />($36,500) which sum is subject, however, to decrease in such <br />proportion as the quantities named in said proposal are not per- <br />formed and otherwise as in said specifications and proposal <br />provided. Progress statements to be provided to the CITY on 25th <br />day of each month providing estimated percentage of work completed <br />whereby progress payments can be made to the CONSULTANT on or <br />before the 10th of the following month. <br /> <br />Third: That the time of completion is 1 April, 1989. <br /> <br />Fourth: That the contract documents which are hereby made a part <br />of this Agreement by the actual attachment or by this reference <br />thereto are as follows: <br /> <br />1. The Legal Notice - being the invitation to <br />submit a proposal; <br /> <br />2. The Special Terms and Conditions named above by title. <br /> <br />,,__~ -'I~.....~ ___ ~__'._J_.J .:_ ,,_.......+-- l\l,.., <br />