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HomeMy WebLinkAboutPR 19106: EDC TO ASSIST IN FUNDING THE CITY OF PORT ARTHUR'S PEOPLE'S PARK Interoffice MEMORANDUM To: Mayor, City Council, City Manager From: Floyd Batiste, CEO "7 Date: August 12, 2015 Subject: P. R. No. 19106; Council Meeting of August 18, 2015 ATTACHED IS PROPOSED RESOLUTION 19106 APPROVING THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TO ASSIST IN FUNDING THE CITY OF PORT ARTHUR'S PEOPLE'S PARK AS REQUESTED BY THE CITY OF PORT ARTHUR AT A COST NOT TO EXCEED FOUR HUNDRED THOUSAND DOLLARS ($400,000) AND AUTHORIZING THE ENGAGEMENT OF A PROFESSIONAL ARCHITECT TO PROVIDE A COST ESTIMATE FOR SUCH IMPROVEMENTS P.R. No. 19106 RESOLUTION NO. A RESOLUTION APPROVING THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TO ASSIST IN FUNDING THE CITY OF PORT ARTHUR'S PEOPLE'S PARK AS REQUESTED BY THE CITY OF PORT ARTHUR AT A COST NOT TO EXCEED FOUR HUNDRED THOUSAND DOLLARS ($400,000) AND AUTHORIZING THE ENGAGEMENT OF A PROFESSIONAL ARCHITECT TO PROVIDE A COST ESTIMATE FOR SUCH IMPROVEMENTS WHEREAS, on May 11, 2013, a ballot proposition was presented to and approved by the qualified voters in the City of Port Arthur, Texas (the "City") for the City of Port Arthur Section 4A Economic Development Corporation (the "PAEDC") to utilize Section 4A sales and use tax funds for "the cost of land, buildings, equipment, facilities and improvements, suitable for use for entertainment and related roads, streets, water and sewer facilities, and other related improvements that enhance any of the items described above, which are a category of projects under Section 4B, Chapter 505.152, Texas Local Government Code with the condition that the total spending on the referenced 4B Projects will not exceed $400,000 per year (the "Ballot Proposition"); and WHEREAS, the City submitted a request to the PAEDC Board of Directors requesting funding to make improvements to People's Park which is a key element in the City's master plan concept for the revitalization and re-development of downtown; and WHEREAS, the City has engaged the professional architectural firm of LaBiche Architectural Group, Inc. to prepare schematic designs, design development, construction documents, and construction administration; and WHEREAS, funds in the amount of$400,000 for improvements to People's Park are available during fiscal year 2015-2016 from the funds allocated in the Ballot Proposition. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council authorizes PAEDC to fund approximately $400,000 of the improvements to People's Park. Section 3. That a copy of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this day of A.D., 2015, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor Councilmembers NOES: Deloris "Bobbie" Prince, Mayor #1206255 Page 2 ATTEST: Sherri Bellard, City Secretary APPROVED: Floyd Batis e, PAEDC CEO APPROV- • S "• •RM: Guy N. Goodson, PAEDC Attorney APPROVED AS TO FO'M: I 40 IP Val,is R. Tizeno, Attorn;,4411Pr #1206255 Page 3