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HomeMy WebLinkAboutRES 2017-079 RESOLUTION NO. 2017-079 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS APPROVING AN AGREEMENT FOR THE REIMBURSEMENT OF THE WESTPORT PARKWAY AND STONE MYERS SIGNAL ADVANCE FROM THE GATEHOUSE; AUTHORIZING EXPENDITURES FOR THE PERFORMANCE OF SAID WORK; AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City of Grapevine and The Gatehouse entered into a City/Owner Agreement on March 7, 2017 for The Gatehouse to advance the City $150,000.00 to expedite the design and construction of the traffic signal at Westport Parkway and Stone Myers Parkway; and WHEREAS, representatives of The Gatehouse posted $150,000.00 with the City on March 30, 2017; and WHEREAS, funding has been identified in the Capital Streets Projects fund balance and is available to refund $150,000.00 to The Gatehouse; 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 hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. Section 2. That the City Council of the City of Grapevine hereby approves the reimbursement of the $150,000.00 posted for the traffic signal installation at Westport Parkway and Stone Myers Parkway to representatives of The Gatehouse, 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 19th day of September, 2017. APPROVED: William D. Tate Mayor ATTEST: GRA_PF Tara Brooks y'\ /02,' City Secretary APPROVED AS TO FORM: 2- 6---7;1/4,- John F. Boyle, Jr. City Attorney Resolution No. 2017-079 2