1946-1947 MISCELLANEOUS DOCUMENTS

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4101%, • • CITY 8F PARIS ESCROM RESOWTION BE IT RESOLVED by the City Commission of the City of Paris, Texaa, that the sum of $5,568.00, or aa much more as may be needed, available from ths funds of Said City is hereby approved and aet aside, and will be placed in eacrow in the Liberty National Bank of Paris , Texas, apecialiy or regular /asignated depository for said City to be used exclusively in parment of the City's shara of the cost of work to be perfora+ed on that portion of State Highway No. 24, located on South Church Street between the P. b M.P. Railroad and EvergreenStreet In the Citr of Paris and on which 0 authorization for construction was mede br the Texas Highway Gcmmission by ita Minute No. 22,028. Based upon the estimated quantities of work to be performed and unit contract prices, the estimated cost of this work is $5,568.00. BE IT FURTNER RESOLYED that the sum of $5,568.00 be and ia hereby appropriated, set aaide and placad in eacro►v and to be expanded exclusively for reimburaing the Texaa Highway Department for the constraction of the Citr'a portion of the Proposed Improvement. Vouchers are to be submitted to the City of Paris by the Texas Highway Department covering rrork done and checks or warranta shall be issued in parment thereof and made payable to the State Treasurer, credit State Highway Fund and sent to the Texas Highway Department. In the event the actual cost of the improvement based on actual completed quantitiea and contract unit prices exceeds thia amount, the City of Paris ►vill suppiement this amount with an ' amount to cover the difference between the estimated cost and the actual cost. The said eacrow funds are to be paid by the Depository only upon written authority by the State Highway Engi-neer of Texas ar his authorized repreaentative.