HomeMy WebLinkAboutPR 13323:EDC WESTSIDE DEVinteroffice
MEMORANDUM
To: Mayor, City Council, City Manager
From: Jana M. Barnes, Administrative Assist{u~tJ0j
Date: November 4, 2004
Subject: P.R. No. 13323; Council Meeting of November 8, 2005
Attached is P. R. No. 13323 as it pertains to the costs of a planning
study and £mancial feasibility study and Financial feasibility analysis for the
Westside Development and the road improvements to West 7th Street (Ransom
Howard Street).
Jb
Attachment
Pr13323.memo
P.R. No. 13323
11/03/05 Jb
RESOLUTION NO.
A RESOLUTION AS IT PERTAINS TO THE
COSTS OF A PLANNING STUDY AND
FINANCIAL FEASIBILITY ANALYSIS FOR THE
WESTSIDE DEVELOPMENT AND THE ROAD
IMPROVEMENTS TO WEST 7TH STREET
(RANSOM HOWARD STREET)
WHEREAS, the City of Port Arthur Economic Development
Corporation Board of Directors desires to continue its participation in the
Westside Development project; and
WHERF-~S, Dikita Engineering has presented a cost estimate to
the Port Arthur 4A Economic Development Corporation for the following
projects:
1. Planning Study and Feasibility Analysis for the Westside;
2. Road Improvement for West 7~h Street (Ransom Howard
Street); and
WHEREAS, the total cost estimate for the two projects is $222,070 as
described in Exhibit "A"; and
WHEREAS, payments will be due to Dikita Engineering at the last day
of each month for the first three {3) months. The final payment will be due
upon the delivery of the Final Planning document and Feasibility Report; and
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WHEREAS, the City of Port Arthur 4A Economic Development
Corporation Board of Directors, at their October 31, 2005 board meeting
agreed to pay one-half of the cost of the projects;
NOW, TI-~REFORE, BE IT RE~OLVED BY TIlE CITY COUNCIL OF THE
CITY OF PORT ARTHUR:
Section 1. That the facts and opinions in the preamble are true
and correct.
Section 2. The total cost estimate for West Side Development and
Road Improvements to Ransom Howard Street is 0222,070.
Section 3. The Port Arthur Economic Development Corporation
agrees to pay up to one half of the costs and the City of Port Arthur
agrees to pay the remaining one half. Each parties' share will be
$111,035.
Section 4. That a copy of the caption of the Resolution be spread
upon the Minutes of the City Council.
READ, ADOPTED AND APPROVED on this __ day of
, A.D. 2005, at a Regular Meeting of the City Council of the City
of Port Arthur, Texas by the following vote: AYES:
Mayor
City Council
NOES:
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