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<br /> <br /> <br /> PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> <br /> RESOLUTION NO. 2003-014 <br /> <br />A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS <br />ECONOMIC DEVELOPMENT CORPORATION, AWARDING THE BID <br />AND AUTHORIZING THE EXECUTION OF A CONTRACT FOR THE <br />CONSTRUCTION AND INSTALLATION OF PAVING AND DRAINAGE <br />FACILITIES AND WATER AND WASTEWATER FACILITIES AT THE <br />PARIS INDUSTRIAL PARK; MAKING OTHER FINDINGS AND <br />PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN <br />EFFECTIVE DATE. <br /> <br />WHEREAS, the Board of Directors of the Paris Economic Development Corporation <br />(PEDC) did heretofore, on the 20th day of August, 2003, in Resolution No. 2003--013, approve <br />the advertisement for bids for furnishing plant, labor, materials, and equipment, and for <br />performing all work required for the construction and installation of paving and drainage facilities <br />and water and wastewater facilities at the Paris Industrial Park, which bids were received until <br />5:00 o'clock p.m., Friday, the 14th day of November, 2003; and, <br /> <br />WHEREAS, the best bid for such construction was made by Stephens & Sons Concrete <br />Contractors, Inc. of Paris, Texas, and it should be awarded the bid for the same; and, <br /> <br />WHEREAS, the form of the contract for such construction project, attached hereto as <br />Exhibit A, should, in all things, be approved, and the President of the Board should be authorized <br />to execute the same; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT <br />CORPORATION: <br /> <br />Section 1. That the findings set out in the preamble to this resolution are hereby in all <br />things approved. <br /> <br />Section 2. That the bid of Stephens & Sons Concrete Contractors, Inc. for the construction <br />and installation of paving and drainage facilities and water and wastewater facilities at the Paris <br />Industrial Park in the amount of $1,014,968.61, be, and the same is hereby, accepted and let <br />conditioned upon said contractor meeting all of the terms and specifications included in the bid <br />documents, and further conditioned upon approval of the preliminary plat for the Paris Industrial <br />Park by the City of Paris. <br /> <br />Section 3. That the form of the contract with Stephens & Sons Contractors, attached <br />hereto as Exhibit A, be, and the same is hereby, approved. <br /> <br />Section 4. That the President of the Board be, and he is hereby, authorized and directed <br />to execute, on behalf of the Paris Economic Development Corporation, the contract with Stephens <br />