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DRAFT F:ALICEIRESWORKICURRENTI Elevated Water Tank - CEl - Est 8 & Final Pmt & Release June 8, 2004 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, APPROVING FINAL PAYMENT AND RELEASE AFFIDA VIT FOR CONTRACT WITH CHICAGO BRIDGE & IRON CONSTRUCTORS, INC. FOR CONSTRUCTION OF THE 2.5 MILLION GALLON ELEVATED WATER STORAGE TANK; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris did heretofore, on the 14th day of October, 2002, in Resolution No. 2002-160, award Contract for construction of the 2.5 million gallon elevated water storage tank to Chicago Bridge & Iron Constructors, Inc.; and, WHEREAS, Bucher, Willis & Ratlif Corporation, acting as project engineer, recommends closing the contract with Chicago Bridge & Iron Constructors, Inc. with a Contractors Affidavit of Final Payment and Release providing for a payment in the amount of $114,950.00, in accordance with City of Paris Estimate No.8 & Final attached hereto as Exhibit A; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble of this resolution are hereby in all things approved. Section 2. That the Contractor's Affidavit of Final Payment and Release to Contract with Chicago Bridge & Iron Constructors, Inc. for construction of the 2.5 million gallon elevated water storage tank providing for a final payment of $114,950.00, in accordance with the City of Paris Estimate No.8 and Final attached hereto as Exhibit A be, and the same is hereby, approved. Section 3. That this resolution shall be effective from and after the date of passage. PASSED AND APPROVED this14th day of June, 2004. Curtis Fendley, Mayor