2017-4985 - 11/21/2017 RESOLUTION NO.2017-4985
WHEREAS, the Round Rock Transportation and Economic Development Corporation
("RRTEDC") has previously entered into an Administration and Funding Agreement for the City of
Round Rock Economic Development Program("Agreement") on the 26th day of January, 2017 by and
among the City of Round Rock ("City"), the Round Rock Transportation and Economic Development
Corporation and the Round Rock Chamber of Commerce, Inc., DBA Round Rock Chamber
("Chamber"),collectively the"Parties'; and
WHEREAS, the Parties have determined that it is in their best interest to modify and amend
the Agreement to provide for the Chamber to engage a consultant to prepare an economic development
strategic plan for the City; and
WHEREAS, the Parties now wish to enter into a First Amendment to the Administration and
Funding Agreement for the City of Round Rock Economic Development Program,Now Therefore
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK
TRANSPORTATION AND ECONOMIC DEVELOPMENT CORPORATION,
That the President is hereby authorized and directed to execute on behalf of the RRTEDC a
First Amendment to the Administration and Funding Agreement for the City of Round Rock Economic
Development Program, a copy of same being attached hereto as Exhibit "A" and incorporated herein
for all purposes.
The Board of Directors 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.
0112.Itt ,Ml 812
RESOLVED this 21st day of November,2017.
By:
its7PfbA411
Round ock Tran ortation and Economic
Development Corporation
ATTEST:
Secretary
2
EXHIBIT
„A„
FIRST AMENDMENT
TO THE
ADMINISTRATION AND FUNDING AGREEMENT FOR
THE CITY OF ROUND ROCK ECONOMIC DEVELOPMENT PROGRAM
This First Amendment ("First Amendmmf) is to that one certain Administration and Funding
Agreement for the City of Round Rock Economic Development Program("Agreement")entered into on
the 26'" day of January, 2017 by and among the City of Round Rock ("City"), the Round Rock
Transportation and Economic Development Corporation("TED Corp.')and the Round Rock Chamber of
Commerce,Inc.,DBA Round Rock Chamber,("Chamber'),collectively the"Parties".
RECITALS
WHEREAS,the Parties entered into the Agreement on the 26th day of January,2017;and
WHEREAS, the Parties have determined that it is in their best interest to modify and amend the
Agreement to provide for the Chamber to engage a consultant to prepare an economic development strategic
plan for the City;
NOW THEREFORE,the Parties agree to amend and modify the Agreement as follows:
L
1.01 Article Ii,Administration is hereby amended to add Section 2.05 which shall read as follows:
Section 2.05. Economic Development Strategic Plan.The Chamber agrees to engage a
qualified consultant to prepare an economic development strategic plan for the City. The
City and/or TED Corp.agree to contribute up to a maximum of$125,000 towards the cost
of the said plan.
H.
2.01 To the extent necessary to effect the terms and provisions of this First Amendment, the
Agreement is hereby amended and modified. In all other respects, the aforesaid Agreement is
hereby ratified and confirmed.
2.02 This First Amendment may be executed in courterparts,each of which shall be an original
and all of which together shall constitute buy one and the same instrument.
IN WITNESS WHEREOF,this Agreement is entered into to be effective as of the_day of November,
2017
Garner Report Reimbursement Agreement(110317)
Ro hamb of Commerce,Inc.,DBA Round Rock Chamber
By:
Michael President and CEO
City of Round Rock,Texas
By:
Craig Morgan,Mayor
Attest:
Sara White,City Clerk
For City,approved as to form:
Stephan L.Sheets,City Attorney
Round Rock Transportation and Economic Development Corporation
By:
its
For TED Corp.,approved as to form:
Stephan L.Sheets,Corporation Attorney
FIRST AMENDMENT
TO THE
ADMINISTRATION AND FUNDING AGREEMENT FOR
THE CITY OF ROUND ROCK ECONOMIC DEVELOPMENT PROGRAM
This First Amendment ("First Amendment') is to that one certain Administration and Funding
Agreement for the City of Round Rock Economic Development Program("Agreement') entered into on
the 26'" day of January, 2017 by and among the City of Round Rock ("City'), the Round Rock
Transportation and Economic Development Corporation(`"PED Corp.')and the Round Rock Chamber of
Commerce, Inc.,DBA Round Rock Chamber, ("Chamber'),collectively the"Parties".
RECITALS
WHEREAS,the Parties entered into the Agreement on the 26th day of January,2017; and
WHEREAS, the Parties have determined that it is in their best interest to modify and amend the
Agreement to provide for the Chamber to engage a consultant to prepare an economic development strategic
plan for the City;
NOW THEREFORE,the Parties agree to amend and modify the Agreement as follows:
1.
1.01 Article 11,Administration is hereby amended to add Section 2.05 which shall read as follows:
Section 2.05. Economic Development Strategic Plan.The Chamber agrees to engage a
qualified consultant to prepare an economic development strategic plan for the City. The
City and/or TED Corp.agree to contribute up to a maximum of$125,000 towards the cost
of the said plan.
H.
2.01 To the extent necessary to effect the terms and provisions of this First Amendment, the
Agreement is hereby amended and modified. In all other respects, the aforesaid Agreement is
hereby ratified and confirmed.
2.02 This First Amendment may be executed in counerparts,each of which shall be an original
and all of which together shall constitute buy one and the same instrument.
IN WITNESS WHEREOF,this Agreement is entered into to be effective as of the 0%y of November,
2017
Garner Report Reimbursement Agreement(110317)
Roo hamb of Commerce,Inc.,DBA Round Rock Chamber
By:
Michael O-Mm,President and CEO
City of Round Rock,Texas
By:
Craig Mqlgan,lryor
Attest:
QaUlV
Sara White,City Clerk
4Fortyrov�as to foheets,City Attorney
Round R k Trans o on and Economic Development Corporation
By:
ffAIA
s {�
For TT orp.,approved s to form:
Stephan . Sheets,Corporation Attorney