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<br />right-of-way line of Jefferson Road (FM 1507) to the <br />existing 8 inch water main on the South side of Jefferson <br />Road (FM 1507) which necessarily includes a bore under <br />Jefferson Road (FM 1507), up to a maximum of $40,000.00. <br />PISD further agrees to grant an easement to CITY immediately <br />adjacent to the South right-of-way line of Jefferson Road <br />(FM 1507) from its West boundary line to its East boundary <br />line, said easement to be 20 feet in width, in the form of <br />Exhibit B attached hereto. <br />4. PISD will make payments to CITY as follows: <br />Payments of 33% of draws relating to the 12 inch diameter <br />water main and 100% of the draws relating to the extension <br />under Jefferson Road (FM 1507) up to the total limit of <br />$40,000.00. <br />5. PISD acknowledges its responsibility to provide an <br />adequate fire protection system. <br />Executed this ____ day of , 1987. <br /> <br />CITY OF PARIS <br /> <br />-3- <br /> <br />By: <br /> <br />Billy Joe Burnett, Mayor <br />