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TB-2022-016 - 11/3/2022 RESOLUTION NO. TB-2022-016 WHEREAS, the Board of Directors ("Board") of the Transportation and Economic Development Corporation ("TEDCO") has previously approved the College Park Drive Project as a suitable "Type B Project" as required by the Texas Local Government Code, Chapter 505, Subchapter D; and WHEREAS, on behalf of the Board, the City of Round Rock ("City") has duly advertised for bids for the College Park Drive Project; and WHEREAS, Pro Dirt Services, LLC submitted the lowest responsible bid; and WHEREAS the Board wishes to authorize the Round Rock City Council, on behalf of the Board, to accept the bid of Pro Dirt Services, LLC and to enter into a contract with Pro Dirt Services, LLC for the construction of the College Park Drive Project; and WHEREAS, the Board wishes to authorize the City to spend TEDCO funds for the construction of the College Park Drive Project;Now Therefore BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK TRANSPORTATION AND ECONOMIC DEVELOPMENT CORPORATION, That the City is hereby authorized, on behalf of TEDCO, to enter into a construction contract with Pro Dirt Services, LLC for the construction of the College Park Drive Project, and BE IT FURTHER RESOLVED, That the City is hereby authorized to spend TEDCO funds to pay for the construction of College Park Drive Project. 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. 0112.20222;4886-9730-6171 RESOLVED this 3rd day of November, 2022. By: CRAIG NVOIGAN, DUsid nt Round Rock ranspation and Economic Development Co oration ATTEST: ;;�d RICK VILLARREAL, Secretary 2