HomeMy WebLinkAboutPR 15234: DEVEOPER PARTICIPATION CONTRACT WITH BIG WHEEL DEVELOPMENTIriterof f ice
MEMORANDUM
To: Mayor, City Council, and City Manager
From: Mark Sokolow, City Attorney ~~-f~ ~r/~0~~
Date: May 5, 2009 d~~'
Subject: Updated P. R. No. 15234
Council Meeting May 5, 2009
Attached is Updated P. R. No. 15234 as it pertains to
Phase I of the Developer Participation Contract with Big
Wheel Development and the City's 22.555 participation of
up to $101,500 in the Vista Village Development. Mr.
Wheeler has brought in documentation as to $473,498.37 in
costs. Therefore, he would be entitled to $101,500 from
the City. Big Wheel has brought in documentation as to
the following payout in expenses:
• Geotech Engineering
• CIVCO
• Mid County Plumbing
• Enercon
• Arceneaux & Gates
• CIVCO
• Henderson
• Entergy
$ 2,860.00
16,000.00
35,000.00
1,800.00
34,702.00
361,933.00
7,889.00
13,314.37
TOTAL
MTS:ts
Attachment
$473,498.37
cc: Director of Finance (with back-up documentation)
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P. R. No. 15234
05/04/09 is updat d
RESOLUTION NO.
A RESOLUTION AS IT PERTAINS TO PHASE I OF THE
DEVELOPER PARTICIPATION CONTRACT WITH BIG
WHEEL DEVELOPMENT AND THE CITY'S 22.555
PARTICIPATION OF $101,500 IN THE VISTA VILLAGE
DEVELOPMENT
WHEREAS, the City agreed to pay Big Wheel Development 22.5515%
of the following costs, with the total reimbursement not to exceed
$101,500:
• Engineering & Final Design
• Drainage Study
• Survey
• Environment Study
• Geo Technical Study
• Replacement of storm sewer lines and inlets and
ancillary improvements as they pertain to the
necessary drainage for the development of the l
on Drummond Street.
• Installation of new water and sanitary sewer li
to serve the lots on Drummond Street
• Removal of old storm sewer lines
and
WHEREAS, per Resolution No. 09-159, the City accepted
improvements on the condition that Big Wheel Development provi
s
s
proof to the City of payment to Entergy for the installation ~f
street lights; and
WHEREAS, Big Wheel Development has brought in documentat
that they had paid Entergy; and
z.pr15234_updated
WHEREAS, Big Wheel Development has provided documentation f
its costs tabulating $473,498.37 for the improvements at the sit .
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CI Y
OF PORT ARTHUR:
Section 1.
are true and corr
Section 2.
authorized to pay
participation as
project .
That the facts and opinions in the preamble
ect.
That the Director of Finance is herein
$101,500 to Big Wheel Development for the City's
to Phase I of the Vista Village Developme t
Section 3. That a copy of the caption of this Resoluti
be spread upon the Minutes of the City Council.
READ, ADOPTED AND APPROVED on this day of
A.D., 2009, at a Meeting of the City Council of
the City of Port Arthur, by the following vote: AYES:
Mayor
Councilmembers
NOES:
MAYOR
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ATTEST:
CITY SECRETARY
APPROVED AS TO FORM:
~~ ~G~
CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
CITY MANAGER
APPROVED AS TO THE AVAILABILITY OF FUNDS:
DIRECTOR OF FINANCE
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