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DRAFT <br />S:\RESWORK\CURRENT\TCF-TDA - Main St. Sidewalk Improvement - Final Pymt & Closing Contract - RES 2010.docx <br />RESOLUTION N0. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />APPROVING CHANGE ORDER N0. 1, FINAL PAYMENT AND CLOSING THE <br />CONTRACT FOR THE TEXAS CAPITAL FUND GRANT MAIN STREET <br />SIDEWALK REPLACEMENT PROJECT, TO STEPHENS & SONS CONCRETE <br />CONTRACTORS, I1VC.; MAKING OTHER FIIVDINGS AND PROVISIONS <br />RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. <br />WHEREAS, on March 8, 2010, the City Council of the City of Paris passed Resolution <br />No. 2010-038, awarding a Texas Capital Fund Grant Project for Main Street Sidewalk <br />Replacement to Stephens & Sons Concrete Contractors, Inc., of Paris, Texas; and, <br />WHEREAS, during the construction of the Project additional quantity of sidewalk <br />repair and replacement were added to the Project and additional trench drains were added <br />necessitating this Change Order No. 1 to the contract; and, <br />WHEREAS, the City Engineer has reviewed Change Order No. 1 attached hereto as <br />Exhibit A, and recommends the amendment of the contract for said Texas Capital Fund <br />Grant Main Street Sidewalk Replacement Project, and providing for a net increase of <br />$22,501.85 in the contract price, for a total contract price of $112,509.24; and, <br />WHEREAS, the City Engineer recommends that the contract now be closed and final <br />payment made to Stephens & Sons Concrete Contractors, Inc. upon receipt of an executed <br />Affidavit of Final Payment and Release of All Claims. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble of this resolution are hereby <br />in all things approved. <br />Section 2. That the form of Change Order No. 1 to the Contract for the Texas <br />Capital Fund Grant Main Street Project, attached hereto as Exhibit A, and providing for a <br />net increase of $22,504.85 in the contract price, for an amended total contract price of <br />$112,501.85, be, and the same is hereby, approved. <br />Section 3. That the City Manager be, and he is hereby, authorized and directed to <br />execute, on behalf of the City of Paris, said Change Order No. 1, upon the terms and <br />conditions and in the form shown in Exhibit A, attached hereto. <br />Section 4. That the closing of the contract for the Texas Capital Fund Grant Main <br />Street Sidewalk Replacement Project and final payment be made to Stephens & Sons <br />Concrete Contractors, Inc., be, and the same is hereby, approved upon receipt of an <br />180 <br />