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R-89-1393 - 12/28/1989WHEREAS, in Resolution No. 1312R, the City Council entered into an Agreement with PHH Fantus regarding the Core Program, and WHEREAS, the City Council wishes to extend this Agreement, Now Therefore, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS That the Mayor is authorized and directed to execute on behalf of the City an extension of the Agreement with PHH Fantus to continue its work on the Core Program. RESOLVED this 28th day of December, 1989. ATTEST: ;ai'LiYZL& A-'3'tt NE LAND, City Secretary C48- RS12289A RESOLUTION NO. /3 93 MIKE ROBINSON, Mayor City of Round Rock, Texas PHH Fantus Corporation November 15, 1989 Mr. Mike Robinson Mayor City of Round Rock 221 East Main Street Round Rock, Texas 78664 Thoma¢ 3. Ticknor One Prudential Plaza 312 819 0234 Principal Chicago, IL 60601 Fax 312 819 1030 Dear Mayor Robinson: I have enclosed for your review a copy of the final draft of the Strengths and Weaknesses and Remedial Strategies Assessment. We are looking forward to our forthcoming visit and anticipate another productive and worthwhile interactive session. As we complete the Core Program, we feel it is important to move ahead now with the remaining three phases. The Steering Committee has gained momentum and insight and the Targeting and Marketing Plans would serve as a good foundation for your new program. If you authorize continuation of the project to undertake the optional phases originally described in the contract, we will honor our pre- August 1,1989 price quotation of: Optional Elements (All prices are plus expenses) Target Industry Identification Three -Year Marketing Plan Implementation Assistance Total AUTHORIZATION ($ 9,000) ( 13,000) ( 6,000) 28,000 PHH This letter should be considered as an addendum to our June 14, 1989 proposal and you may authorize the three phases described above by signing and returning a copy of this letter. PHH Fantus Mr. Mike Robinson Page 2 PHH Again, we look forward to seeing you on the afternoon of November 29 and continuing the process of assisting you in the creation of a new and effective economic development program for Round Rock. Sincerely, PHH FANTUS CORPORATION Thomas J. Ticknor Principal (Title)4 J p ¢ (Org niz( t 2OLcrld �l aL2 - 1Earrub lit, ag 1 (Date) DATE: DECEMBER 22, 1989 SUBJECT: CITY COUNCIL AGENDA, DECEMBER 28, 1989 ITEM: 8A. CONSIDER A RESOLUTION AUTHORIZING THE MAYOR TO EXTEND THE AGREEMENT WITH PHH FANTUS FOR THE CORE PROGRAM. STAFF RESOURCE PERSON: KATHY MAYFIELD THIS AGREEMENT WOULD ALLOW THE CITY TO CONTINUE THE ECONOMIC DEVELOPMENT STUDY WITH PHH FANTUS. IT WOULD BE PHASE TWO OF THE PROGRAM WHICH IS TARGET INDUSTRY IDENTIFICATION; PHASE FOUR, THREE -YEAR MARKETING PLAN; AND PHASE FIVE, IMPLEMENTATION ASSISTANCE. THE TOTAL COST TO COMPLETE THE REMAINDER OF THE PROGRAM IS $28,000 PLUS EXPENSES. THESE FUNDS ARE COMING FROM GENERAL REVENUES EARMARKED FOR ECONOMIC DEVELOPMENT. (The completed 1980 HELP program.)