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ARK -TEX COUNCIL OF GOVERNMENTS CONTRACT FOR ECONOMIC DEVELOPMENT INFRASTRUCTURE GRANT PROGRAM STATE OF TEXAS COUNTY OF BOWIE ] SECTION 1. PARTIES TO CONTRACT This contract and agreement is made and entered into, by and between the Ark -Tex Council of Governments, hereinafter referred to as "ATCOG ", and City of Paris and Lamar County, hereinafter referred to as "Contractor." The parties hereto have severally and collectively agreed and by the execution hereof are bound to the mutual obligations and to the performance and accomplishment of the tasks described herein. SECTION 2. CONTRACT PERIOD This contract and agreement shall commence on January 15 1992, and shall terminate on January 14 1994 unless otherwise specifically provided by the terms of this contract. SECTION 3. CONTRACTOR PERFORMANCE Contractor shall comply with the terms and conditions set forth in the Grant Agreement between the Ark -Tex Council of Governments and the United States Department of Housing and Urban Development for Special Purpose Grant TXI6SPG1 1. Contractor shall perform all activities in accordance with the terms of the Performance Statement, hereinafter referred to as Exhibit A; the Budget, hereinafter referred to as Exhibit B; the Project Implementation Schedule, hereinafter referred to as Exhibit C; the Applicable Laws and Regulations, hereinafter referred to as Exhibit D; the Certifications, hereinafter referred to as Exhibit E; the assurances, certifications, and all other statements made by Contractor in its application for the project funded under this contract; and with all other terms, provisions, and requirements set forth in this contract. SECTION 4. DEPARTMENT OBLIGATIONS A. Measure of Liability In consideration of full and satisfactory performance of the activities referred to in Section 3 of this contract, ATCOG shall be liable for actual and reasonable costs incurred by Contractor during the contract period for performances rendered under this Page 1 EXHIBIT A