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HomeMy WebLinkAboutResolution - 2016-R0289 - Extension Of Term Of Agreement - TTU - Bus Services - 08/25/2016Resolution No.2016-R0289 Item No.6.22 August 25.2016 RESOLUTION WHEREAS,the City of Lubbock,Texas (the "City") and Texas Tech University at Lubbock,Texas (the "University")entered into an Agreement effective September 1, 2013 for bus services (the '•Agreement");and WHEREAS,the Agreement was for a term beginning on September 1.2014 and ending on August 31,2015 (the "Term");and WHEREAS,the Agreement allowed fortwo extensions of the Term under Option Year 2 and Option Year 3; and WHEREAS,the City,by and through its City Manager,extended the Agreement under OptionYearTwo so that theTerm was extended throughAugust 31.2016;and WHEREAS,the City Council of the City of Lubbock, Texas now desires to enter in to Option Year Three so that the Term of the Agreement shall be extended through August 31,2017;NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock,Texas does hereby authorize the City Manager of the City of Lubbock to execute the extension of the Term of the Agreement by entering in to Option Year Three so thatthe Term of the Agreement,inall of its terms and provisions,shall end on August 31.2017.as fully and completely as if the City Council had originally executed and delivered same,and does hereby acknowledge the validity, effect, and enforceability of the Extension. Said Extension is attached hereto and incorporated in this Resolution as if fully set forth herein and shall be included in the minutes of the Council. Passed bythe City Council on August 25.2016 DANIEL M.POPE,MAYOR ATTEST: ±Az Rebecca Garza, City Secretary APPROVED AS TO CONTENT: Bill H erton, Assistant r anager APPROVED AS TO FORM: ccdo&RES. Adoption —Citibus & Texas Tech — Services Agreement Extension Option Year 3 August 16, 2016 Resolution No.2016-R0289 Contract No.C06749 Renewal No.2ofTexas Tech University Campus Bus Operations Agreement (TTU Contract #C06749) Renewal The City of Lubbock and Texas Tech University (collectively,"the parties")executed a Campus Bus Operations Agreement (the "Agreement"*),effective September 1,2014.The parties agree to exercise the second option to renew the Agreement for Contract Year Three from September 1, 2016 through August 31,2017,and per the Agreement,pay a two percent (2%)increase in rate as compared to Contract Year Two. This renewal will extend all terms,covenants, and conditions set forth inthe Agreement for the renewed period. TEXAS TECH UNIVERSITY Date:/fl //If /fa Noel Sloan,Chief Financial Officer Date:\0^\\-\U REVIEWED FOR FORM: TEXAS TECH UNIVERSITY Date:1°/WliC CITY OF LUBBOCK Daniel M.Pope,Mayor ATTEST: >JL&c-*^ Rebedca Garza,City Secretary APPROVED AS TO CONTENT: APPROVED AS TO FORM: