Loading...
HomeMy WebLinkAboutResolution - 2020-R0073 - Amendment 1 - Mcdougal Land Company For Downtown Master Developer Services - 02/25/2020 Resolution No. 2020-R0073 Item No. 7.17 February 25, 2020 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock,Amendment No. 1 to Contract No. 14565 between the City of Lubbock and McDougal Land Company, L.C., an affiliate of the McDougal Companies for Downtown Master Developer services. Said Amendment 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 on February 25, 202.0 DANIEL M. POPE, MAYOR ATTEST: C011 Rebe ca Garza, Cityecr tary APP VED AS TO CONT Brianna Gerardi, Business"D-evelofnient Director APPROVED AS TO FORM: elli Leisure, Assistant City Attorney ccdocs/RES.Amend#1 Agrmt-14565 MasterDeveloperMcDougal 02.12.20 Resolution No. 2020-R0073 Amendment 1 To Agreement Behveen The City of Lubbock And McDougal Land Company, L.C. THIS IS THE FIRST AMENDMENT TO THE AGREEMENT, Contract No. 14565, dated and entered into the 25`h day of February 2019 by and between the City of Lubbock ("City") and the McDougal Land Company, L.C., an affiliate of the McDougal Companies ("Consultant") for Downtown Revitalization Master Developer Services. The City and Consultant now desire to extend the initial term of the Agreement to allow for time to coordinate with City Council, City staff, and the CBDTIF board regarding the implementation and prioritization of projects in the current, proposed update to the Downtown Lubbock Master Plan. Now, the City and Consultant agree to extend the initial term of the Agreement for a time not to exceed six (6) months. The Consultant shall be compensated monthly, as per the terms of the Agreement, twelve thousand five hundred dollars and NO/100 ($12,500) for services provided during this 6-month extension. All other portions of the original Agreement shall remain in place and are not altered by this amendment. IN WITNESS HEREOF, the parties have executed this Agreement as of this �7' day of February 2020. FOR: The City of Lubbock FOR: McDougal Land Company, LC DANIEL M. POPE, MAYOR MONT MCCLENDON, GENERAL COUNSEL AND CHIEF OPERATING OFFICER Page 1 of 2 ATTEST: Rene ca Garza, City Sec etary APPROVED AS TO CONTENT: &4vw Brianna Gerardi, BusinesseveloP rent Director APPROVED AS TO FORM: .) whuv�t I elli Leisure, Assistant City Attorney Page 2 of 2