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R-10-01-28-10F1 - 1/28/2010RESOLUTION NO. R -10-01-28-10F1 WHEREAS, on January 20, 1999, the City of Round Rock ("City") and Ryan Sanders Ryan, Inc. ("RSR") entered into that one certain Convention Center Complex Lease Agreement ("Lease") which was thereafter assigned on March 29, 1999 to Round Rock Baseball Club, Inc. ("RRBI"), and WHEREAS, the RRBI has submitted a letter and attached budget regarding the expenditure of funds for capital repair work, as attached hereto as Exhibit "A", WHEREAS, Article V, Section 5.12, of the Lease sets forth the procedures and process for the approval of improvements and require that such be approved by the City Council, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the proposed capital repair work and expenditure of funds for the Convention Center Complex, as described in Exhibit "A", is hereby approved and the City Manager is hereby authorized to issue a purchase order for these repairs. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. O:\wdox\SCC1nts\0112\1005\MUNICIPAL\00180836.DOC/rmc RESOLVED this 28th day of January, 2010. ATTEST: cqyvpi/t, tAbAtt SARA L. WHITE, City Secretary 2 141 - ALAN MCGRAW, Mayor City of Round Rock, Texas RpUND ROCK November 19, 2009 Mr. Jim Nuse City of Round Rock 221 East Main Street Round Rock, TX 78664 Dear Jim: BASEBALL CLUB Per the stadium lease between Round Rock Baseball, Inc. and the City of Round Rock, under Section 5.12 Capital Repair Account, I am submitting to the City of Round Rock on behalf of the Round Rock Express a proposed schedule and budget for capital repair work. 1) Parking lot repairs and seal coat — We have received bids ranging from $90,000 to $110,000 and would need repairs to be completed before the start of the next baseball season, April 2010. I appreciate your time in reviewing this repair. If you have any questions or would like further info n ation, please feel free to give me a call at (512) 334-2275. Reid Ry CEO/Presid nt Round Rock Baseball, Inc. 3400 East Palm Valley Blvd. * Round Rock, TX 78664 * (512) 255-2255 * (512) 255-1558 fax www.roundrockexpress.com Exhibit A Capital Repair Account Proposed Expenditures (To be completed in 2010) Item Seal Coat and re -striping of parking facilities At Convention Center and Stadium Estimated Cost $100,000.00 DATE: January 21, 2010 SUBJECT: City Council Meeting —January 28, 2010 ITEM: 10F1. Consider a resolution approving the budget and authorizing the expenditure of funds for capital repair work at the Convention Center Complex (Dell Diamond). Department: Staff Person: Justification: Finance Cheryl Delaney, Finance Director As stated in the Convention Center Complex Lease Agreement, the Lease (Round Rock Baseball) must provide the City a proposed schedule and budget for Capital Repair Work to be performed at the Complex. The City, as owner of the Complex, must pay for applicable capital repairs from Hotel Occupancy Taxes set aside in a Capital Repair Work Account. Strategic Plan Relevance: Maintaining the complex in good repair will lengthen its useful life. 18.0 — Strengthen and enrich the brand identity of the City and expand the tourism marketing effort. 20.0 — Build and maintain the facilities needed to make the City attractive to target businesses. 35.0 — Expand and strengthen Arts and Cultural activities within the City. Funding: Cost: Source of Funds: $100,000.00 (estimate) Outside Resources: Round Rock Baseball, Inc. Public Comment: N/A