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HomeMy WebLinkAboutRES 2017-056 RESOLUTION NO. 2017-056 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, APPROVING A PHASE II DESIGN SERVICES BUDGET FOR THE RAIL DEPOT/STATION. HOTEL AND PARKING GARAGE 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 depot/station, a 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, Coury prepared a Pre-Development Budget for tasks necessary for the continued development of the final scope of the design and construction of the Rail Depot/Station, Hotel and Parking Garage; and WHEREAS, the City of Grapevine approved said Pre-Development Budget on March 7, 2017; and WHEREAS, work under the Pre-Development Budget has been completed; and WHEREAS, to continue the progress on the joint project, the approval of a Phase II Design Services Budget is imperative; 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 Phase II Design Services Budget in an amount not to exceed $ 2,854,850 for the continued development of the final scope of the design and construction of the Rail Depot/Station, Hotel and Parking Garage as an element of the 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 20th day of June, 2017. APPROVED: William D. Tate Mayor ATTEST: -GRAP J / /?„ F Tara Brooks City Secretary ,' * * * APPROVED AS TO FORM: John F. Boyle, Jr. City Attorney Resolution No. 2017-056 2