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608 RES COP ACCEPTED FROM R B STOVALL CO THE ESTIMATED COST OF CERTAIN WATER AND SEWER INSTALLATIONS! 0 RESOLUTION i'JQ. 608 6UHEREAS2 The City of Paris has heretofore accepted from R. :B. Stovall Company, owner and developer of Parham Park Addition No. 1, the sum of $4,082.002 being the estimated cost of certain water and sewer installations required for the development of such Addition and to be made and installed by the City of Paris in consideration of and for the payment of such sum of $4,082.00; and, "iHEREAS, it is desirable ard necessary tt;at theestimated budgeted expenses and revenue accounts be adjusted to reflect the receipt and expenditure of such suns during the current buciget year; NO'V~ , THEREr-ORE, BE IT RESOL'JED BY THE CITY COL'NCIL GF THE CITY OF PARIS, That the Finance Director of the City of Paris be authori.zed to credit such aggregate sum of $4,082.00 as an increase ir, the estimated revenues to accrue to Reverue Account 85, Water and Sewer, and the budget of the expenditures of the City of Paris for the current year are amenaed aiid increased accordinyly, to-wit: 851-Y -13 $ 345 . 00 851-Y -4 977 . 50 803 -Y -14 700 . 00 803 -Y -13 230 . 00 803 -Y -9 1,807.50 400 -Z -7 22.00 TOTAL $4,082.00 Passed and adopted this 9th day of January, 1956. ~c-oR ~ h4ayor ATTEST: City Clerk.