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HomeMy WebLinkAboutResolution - 6474 - Amendment To Contract - TX Dept. Of Economic Development - DEAA Grant - 08_26_1999Resolution No. 6474 Aug. 26, 1999 Item No. 24 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock, an Amendment No. 1 to the Texas Department of Economic Development Contract for Defense Economic Adjustment Assistance Grant (Capital Equipment for Reese Center Building 4555), by and between the City of Lubbock and the Texas Department of Economic Development, and related documents. Said Amendment No. I is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council this 26th day A EST: Kayt Darnell City cretary Kevin Walke Business Liai on Officer APPROVED AS TO FORM: William de Haas Competition and Contracts Manager/Attorney rkb/ccdocs/capitalequipmentamendment.res August 17, 1999 1999. Resolution No. 6474 Aug. 26, 1999 Item No. 24 AMENDMENT NO.1 TO TEXAS DEPARTMENT OF ECONOMIC DEVELOPMENT CONTRACT FOR DEFENSE ECONOMIC ADJUSTMENT ASSISTANCE GRANT (Capital Equipment for Reese Center Building #555) STATE OF TEXAS COUNTY OF TRAVIS Section 1: Parties and Purpose The Texas Department of Economic Development, an agency of the State of Texas ("Department") and the City of Lubbock, Texas, ("Contractor") do hereby contract and agree to amend the Contract for Defense Economic Adjustment Assistance Grant to purchase capital equipment for Building #555 ("Facility") at Reese Center in Lubbock, Texas, effective December 19, 1997, between the Department and Contractor ("Equipment Contract"). Said Contract is hereby amended as set forth below as of August 26, 1999, upon execution by both parties. Section 2: Amendment A. Section 3 of the Contract is deleted in its entirety and replaced with the following language: SECTION 3. CONTRACT PERIOD This Contract shall commence upon execution of this Contract and shall terminate on May 31, 2000. Any requirements or deadlines established by this Contract beyond the termination date shall survive and remain in force until satisfied. B. Section 16C is deleted in its entirety and replaced with the following language: C. Contractor shall satisfy the following Special Conditions, in addition to satisfying the foregoing Special Conditions, prior to the final disbursement of the remaining ten percent (10%) of Contract Funds: Contractor shall have completed all modifications and renovations to the Facility as described in plans and specifications originally submitted to the Department pursuant to the DEAAG contract between Department and the City of Lubbock for renovations to the Facility. This completion requirement is limited to the "Facility Renovation" component of that contract, as described in its Section 16A. Contractor shall submit a notice of completion to Department no later than sixty (60).calendar days after the purchase and installation of all capital equipment purchased with Contract Funds. The notice of completion shall include a final Project Completion Report of all activities performed under this Contract. C. The following language is added as Section 16(H): H. In the event the Initial Renovation Project is not completed when and as required by the DEAAG contract between the Department and Contractor for the Initial Renovation Project, Department shall receive a recoupment of funds from Contractor equal to ten percent (10%) of Contract Funds disbursed under this Contract. Such recoupment must be received in full by the Department by August 31, 2001. Additionally, Contractor may be barred from applying for or receiving additional funding disbursements under the DEAAG program until repayment is made. Equipment Grant Contract Amendment August 17, 1999 Section 3: Incorporation and Limitation The parties hereto agree that all of the terms of the contract identified in Section 1 above shall remain in effect and shall continue to govern except to the extent that they conflict with the terms of this amendment. By the signing of this amendment, the parties further hereto expressly understand and agree that this amendment shall become a part of the contract identified above in Section 1 above as though it were set forth word for word therein. WITNESS OUR HANDS, EFFECTIVE AUGUST 26, 1999: Accepted and executed on behalf of the City of Lubbock The Honorable Wi y itton, May City of Lubbock APPROVED ,AS TO CONTENT: ATTEST: Jeff Mos ey Executive Director 1) Texas Department of Economic Development This amendment is not effective unless signed by the Economic Development or by his authorized designee. Kevin G.IWalker Business Liaison Officer APPROVED AS TO FORM: William D. de Haas Corn etition and Contracts Manager Executive Director of the Texas Department of Equipment Grant Contract Amendment 2 August 17, 1999