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HomeMy WebLinkAboutRES 2017-021 RESOLUTION NO. 2017-021 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, APPROVING A BUDGET AND CONTRACT FOR THE DEMOLITION OF THE EXISTING BUILDING FOR THE RAIL STATION HOTEL PROJECT AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City of Grapevine and Coury Hospitality ("Coury") entered into a Development Services Agreement dated December 7, 2016 (the "Contract"); and WHEREAS, the Contract provides for the joint, public/private development of a rail station building, rail station hotel, interior and exterior public spaces, and a parking garage; and WHEREAS, Section 2.5 of the Contract provides for the preparation of a development and construction budget "Approved Budget"; and WHEREAS, Section 2.7 of the Contract provides that Coury shall submit all Project contract documents to the City for review and approval; and WHEREAS, Coury is obtaining bids/quotes for the demolition of the existing building and is submitting the contract and amount for such work to the City; and WHEREAS, all legal prerequisites for the adoption of this resolution have been met, including but not limited to the Local Government Code and the Open Meetings Act; and WHEREAS, the City Council hereby declares that the approval of this resolution is in the best interest of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That all matters stated in the preamble are true and correct as if copied herein in their entirety. Section 2. That the City Council of the City of Grapevine hereby approves the Demolition Budget in an amount not to exceed $203,262 for the demolition of the existing building as the first element of the complete project "Approved Budget", and authorizes the City Manager, or his designee, to execute any documents necessary to proceed. Section 3. That this resolution shall take effect from and after the date of its passage. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 21st day of February, 2017. APPROVED: 47(.0jz) - William D. Tate Mayor ATTEST: GRAPE Os,'--_�IA I `�a�,... 1 X Tara Brooks ‘. _ City Secretary * * * APPROVED AS TO FORM: I <-2_,-7- &--..44 John F. Boyle, Jr.i City Attorney I Resolution No. 2017-021 2