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HomeMy WebLinkAboutResolution - 6476 - Amendment To Contract - TTU - Capital Equipment Building #555 - 08/26/1999Resolution No. 6476 Aug. 26, 1999 Item No. 25 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 City of Lubbock Contract for Purchase of Capital Equipment for Building #555, Reese Center, by and between the City of Lubbock and Texas Tech University, and related documents. Said Amendment No. 1 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 of August '1999. YS ,MA O' A ST: aythi arnell City S etary AS 121,j Kevin WalkAr Business Liaison Officer APPROVED AS TO FORM: e William de Haas Competition and Contracts Manager/Attorney rkb/ccdocs/techcapitalequipmentamendment.res August 17, 1999 Resolution No. 6476 Aug. 26, 1999 Item No. 25 AMENDMENT NO.1 TO CITY OF LUBBOCK CONTRACT FOR PURCHASE OF CAPITAL EQUIPMENT FOR BUILDING #555, REESE CENTER STATE OF TEXAS COUNTY OF LUBBOCK Section 1: Parties and Purpose The City of Lubbock, a Municipal Corporation of the State of Texas, ("City") and Texas Tech University, an agency of the State of Texas, ("Contractor"), do hereby contract and agree to amend the Contract to purchase capital equipment for Building #555 at Reese Center, former known as Reese Air Force Base, Lubbock, Texas, effective December 19, 1997, between the City and Contractor. 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: 1. Contractor shall have completed all modifications and renovations to the Facility as described in the plans and specifications originally submitted to the City pursuant to the contract between the City and Contractor for renovations to the Facility. This completion requirement is limited to the "Facility Renovation" component of that contract, as described in its Section 16A. Page 1 2. Contractor shall submit a notice of completion to City 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 contract between the Contractor and City for the initial Renovation project, City 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 City by August 31, 2001. Additionally, Contractor may be barred from applying or receiving additional funding disbursements under the DEAAG program until repayment is made. 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 signing this amendment, the parties further hereto expressly understand and agree that this amendment shall become a part of the contract identified 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 Texas Tech University J4 ohn T. on ord W4uzcellr Page 2 ATTEST: Ka.Darnell . City ecretary as to content: Kevin Wa er Business Uaison Officer Approved as to form: William de Haas Competition and Contracts Manager Page 3