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<br /> I <br /> I <br /> I <br /> :1 <br /> !\ <br /> " <br /> , <br /> I <br /> Carroll Morrison <br /> Austin. Tx. <br /> 837-9911 Ext. 208 <br /> COHTRACf AGREEHEHT: <br /> An agreement is made on this ----È- a y of September, 1986, by and between <br /> BUILT RIGHT OF TEXAS, hereafter called the Contractor, and CARROLL MORRISO~ <br /> hereafter called the Owner. <br /> Contractor shall erect two Clears pan II aircraft hangars, measuring 45' <br /> wide by 37' deep, to be located on lots numbers 1 & 2, as per the attached <br /> surveyors plot plan. These hangars are to be located on the San Marcos <br /> I municipial airport, opposite the city owned T hangars and fronting on the <br /> existing taxiway. <br /> The units are to be constructed of two inch EMT galvanized pipe framework <br /> as per plans submitted, and white aluminum diamond ribbed skin, .021" thick. <br /> ¡ Hangers are to be anchored to two main concrete piers approximately 8' <br /> deep by 12" in dia. with belled or flared bottoms. <br /> A concrete pad. 16' wide, from the front to the rear of the hangar, to <br /> be provided for parking of aircraft. <br /> Units will encompass a one piece 45' wide door, that retracts upward into <br /> the hangar, by means of a torsion spring mechanism. I <br /> A one 110 volt outlet to be provided in each hangar. <br /> Total contract price is $19,000.00. <br /> Down payment or first draw of $11,000.00 due upon signing of contract. i <br /> i <br /> Balance of $8,000.00 to be divided into two equal payments of $4,000.00 <br /> which are due upon completion each hangar. I <br /> : <br /> Completion will be twenty-one working days or less, after the delivery: <br /> of materials to the job site, barring any delays not in direct control! <br /> of Contractor (strikes, act of God, etc.) <br /> EXHIBIT B <br /> " j <br />