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DRAFT <br />s:attorney\reswork\current\approving final payment Teail de Paris 7-11-11 <br />RESOLUTION N0. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />APPROVING FINAL PAYMENT OF $12,230.65 TO RICHARD DRAKE <br />CONSTRUCTION CO., LP FOR THE TRAIL DE PARIS EXTENSION <br />BETWEEN SE 8TH AND 12TH STREETS; MAKING OTHER FINDINGS AND <br />PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN <br />EFFECTIVE DATE. <br />WHEREAS, on August 25, 2008 the City Council of the City of Paris passed <br />Resolution No. 2008-068 awarding the contract for "Trail de Paris 0.8 Mile Eastern Trail <br />Extension Project," to Richard Drake Construction Company of Paris, Texas; and, <br />WHEREAS, this section of the Trail de Paris has been completed. The Majority of <br />this section was funded through a Texas Parks and Wildlife Recreations Trail Grant in the <br />amount of $120,000.00. The grant required a 20% match from the City of Paris. City <br />crews installed box culverts and filled in some low areas along this section of trail. All of <br />the work performed by the city is credited toward the 20% required match. Additional <br />funds came from Kiwanis, Keep Paris Beautiful, and the Chamber of Commerce in the <br />amount of Five Thousand Dollars ($5,000.00) each and Lamar Power Partners donated <br />Two Thousand Five Hundred Dollars ($2,500.00). A total of Seventeen Thousand Five <br />Hundred Dollars ($17,500.00) was donated for this portion of the Trail de Paris.; and, <br />WHEREAS, the City of Paris Engineering, Planning and Development staff <br />recommends closing the contract and making final payment in the amount of ($12,230.65) <br />to Richard Drake Construction, LP. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS, THAT: <br />Section 1. The findings set out in the preamble to this resolution are hereby in <br />all things approved. <br />Section 2. The City Manager is authorized to make final payment to Richard <br />Drake Construction Company, LP for the referenced project upon receipt of an executed <br />Contractor's Affidavit of Final Payment and release in accordance with the document <br />attached hereto as Exhibit "A". <br />Section 3. This resolution shall become effective from and after the date of <br />passage. <br />24 <br />