HomeMy WebLinkAboutRES 2013-048RESOLUTION NO. 2013 -48
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, EXPRESSING INTENT TO FINANCE
EXPENDITURES TO BE INCURRED AND PROVIDING AN
EFFECTIVE DATE
WHEREAS, the City of Grapevine, Texas (the " City" ) is a political subdivision of the
State of Texas authorized to finance its activities by issuing obligations; and
WHEREAS, the City has awarded a contract to Acuity- Holdings, Inc. under GSA
Schedule 70 for Information Technology equipment, software and services, specifically
contract #GS- 35F- 245AA; and
WHEREAS, the City has awarded a contract to Brinkley Sargent Architects for the
architectural design services for the Public Safety Building, including Police, Fire, Municipal
Court, Detention and a Central Utility Plant; and
WHEREAS, the City has concluded that it does not currently desire to issue
obligations to finance the costs associated with the contracts; and
WHEREAS, the City desires to reimburse itself for the costs associated with the
contracts from the proceeds of obligations to be issued subsequent to the date hereof; and
WHEREAS, the City reasonably expects to issue obligations to reimburse itself for
the costs associated with the contracts.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS:
Section 1. That the City reasonably expects to reimburse itself for costs that have
been or will be paid subsequent to the date that is 60 days prior to the date hereof and that
are to be paid in connection with the technology consulting services contract and
architectural design services contract for the new Public Safety Building from the proceeds
of obligations to be issued subsequent to the date hereof.
Section 2. That the City reasonably expects that the maximum principal amount of
obligations, issuance costs and the costs incurred to reimburse the City for the contracts
will be $3,053,930.00.
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 May, 2013.
F."I
William D. Tate
Mayor
ATTEST:
Johi/C.- Brown
Cq Secretary
FAI :1 :1 j0kj4jVj :1 PffAj
. .1
John F. Boyle, Jr.
City Attorney
RES. NO. 2013-48 2