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Res 1994-017
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Res 1994-017
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Last modified
6/28/2007 9:08:35 AM
Creation date
6/28/2007 9:08:35 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1994-17
Date
1/24/1994
Volume Book
114
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<br /> ,'" ~ <br /> )GJ1;f <br /> 5. <br /> Contractor agrees to comply with the minimum wage rate <br /> requirements contained in the Prevailing Wage Rate Schedule <br /> attached to this Contract. <br /> 6. <br /> Owner agrees to pay to Contractor a total of Twenty-Four <br /> Thousand, Nine Hundred Ninety-Five Dollars and no Cents, <br /> ($241995.00) for all labor and materials involved in the <br /> completion of the Project. This amount shall be paid by <br /> Owner to the Contractor within thirty (30) days after <br /> satisfactory completion of the Project and acceptance by the <br /> Owner. <br /> 7. <br /> No change order under this contract will be issued that <br /> . <br /> will cause the contract amount to exceed $25,000.00 unless <br /> the Contractor provides a performance bond and a payment bon~ <br /> in the total amount of the revised contract. In the event <br /> performance and payment bonds are required they will be <br /> provided by the Contractor in the form provided by the Owner, <br /> and will be underwritten by a su'rety duly authorized to do <br /> business in Texas, and will bear the same date as, or a date <br /> subsequent to that of the Construction Contract and will <br /> extend for a period of one year beyond the date of the <br /> written acceptance of the work by Owner. The current power <br /> of attorney for the person who signs for any surety company <br /> 10. <br />
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