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The exact amount needed will likely fluctuate due to some remaining expense to WRA Architects, <br />Inc. and any change orders that arise. <br />BUDGET: <br />The total contract that you will review in the next agenda item is for $1,398,454.00. The City <br />currently has a remaining balance in the bond of $1,177,800.00. Some of this will be used for <br />expenses with WRA Architects, Inc. The LCCC, once this agreement between the City and LCCC <br />is approved, will cover all expenses for the renovation project in excess of the City's remaining <br />fund balance. <br />OPTIONS: <br />1. Approve the agreement between the City of Paris and Lamar County Chamber of <br />Commerce (LCCC) for the LCCC to cover all expenses in excess of the City's available <br />fund balance for the Love Civic Center Renovation Project and authorize the City Manager <br />to sign. <br />2. Reject the Agreement and/or request additional information or edits. <br />RECOMMENDATION: <br />1. Approve the agreement between the City of Paris and Lamar County Chamber of <br />Commerce (LCCC) for the LCCC to cover all expenses in excess of the City's available <br />fund balance for the Love Civic Center Renovation Project and authorize the City Manager <br />to sign. <br />