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R-94-02-24-9A - 2/24/1994Affairs ( TDHCA) in conjunction with the Texas Department of Commerce (TDOC) has approved an award of $1,511,596 to the City of Round Rock (City) to support the proposed expansion of Dell Computer Corporation (Dell), and WHEREAS, these funds will be used to provide public infrastructure improvements to Dell's expansion site, and WHEREAS, the proposed Dell expansion will result in the creation of at least 330 jobs for the City, and WHEREAS, the commitment and approval of TDHCA and TDOC requires formal acceptance and response by the City within forty - five (45) days from the date of the commitment letter, and WHEREAS, the City Council desires to authorize the Mayor to execute a letter of formal acceptance, Now Therefore TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City a letter indicating the City's acceptance of the aforesaid award. RESOLVED this 24th day of February 1994. ATTEST: it i/�' i1 /ii. 7?f E LAND, City Secretary KS /RESOLUTION RSQ2244A RESOLUTION NO. /, ' 9 1 - - - 4-911 WHEREAS, the Texas Department of Housing and Community BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, CHARLES CULPEPPE?,/Mayor City of Round Rock, Texas Mayor Charles Culpepper Mayor Pro.tem • Robert Stluka Council Members Rod Morgan 'Rick Stewart Ear 1 Palmer , , Martha Chaves , - Jimmy Joseph City Manager - Robert L. Bentsen, Jr. City Attorney Stephan L. Sheets February 25, 1994 Dear Mr. Flores: encl: letter dated January 31, 1994 cc R Thomas Armstrong Director of Tax Dell Computer Corporation 9505 Arboretum Blvd. ' Austin, 'IX 78759 Henry Flores, Executive Director Texas Department of Housing and Community Affairs PO Box 13941 Austin, DC 78711-3941 Enclosed is the executed formal acceptance letter to accept a grant of $1,511,596 for public infrastructure improvements for the Dell Computer Corporation expansion site. Thank you for this opportunity that will result in the creation of at least 330 new jobs for our community. WA N , Director unity DeveIop Fax 512-255-6676 1-800-735-2989 (TDD) 1-800-735-2988 (Voice) 1 ECE!VED FEB 1 B 1994 7 TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS Ann W. Richards GOVERNOR Henry Flores EXECUTIVE DIRECTOR January 31, 1994 The Honorable Charlie Cuipepper Round Rock city Mayor 221 E. Main Round Rock, Texas 78664 °' Dear Mayor Culpepper: I am pleased to inform you that, effective December 13, 1993 the Texas Department of Housing and Community Affairs (TDHCA) in conjunction with the Texas Department of Commerce (TDOC) has approved an award of $1,511,596 to the city of Round Rock to support the proposed expansion of Dell Computer Corporation (Dell), a manufacturer of personal computers. These funds will be used to provide a public infrastructure improvements to the business site and will result in the creation of 330 jobs for the community. This assistance will be made available through the Texas Capital Fund/Texas Community Development Program upon execution and completion of contract terms. The contract is in the review process now and will be mailed to you soon. This commitment requires formal acceptance and response by the city and Dell within forty -five (45) days of the date of this commitment letter. If not accepted, within the timeframe prescribed, this commitment shall expire and its term will become null and void. 811 BARTON SPRINGS ROAD - SUITE 100 • P. Q BOX 13941 • AUSTIN. TEXAS 78711 -3941 • (512) 475 -3800 BOARD MEMBERS Paul R. Rodriguez Chairman Harvey Clemons Jr. Elizabeth Flores Richard C. Hile Joseph Kemp Walter Martinez Judith McDonald Mary Sanger Susan Sharlot Thank you for your fine efforts on behalf of the citizens of the city of Round Rock. Please feel free to call upon the Texas Department of Housing and Community Affairs or David Long at (512) -475 -3827, if you need further assis- tance during the course of this project. Sincerely, la Henry Flores Executive Director ACCEPTED BY: 1/ ' �rL�i i Charlie Culpep i - r, �� yor il HF:ky Date .2/ Michael S. Dell, Chief Executive Officer Date / Dell Computer Corporation cc: Michael S. Dell, Chief Executive Officer; Dell Computer Corporation R. Thomas Armstong, Director of Tax; Dell Computer Corporation Joe Vining, city of Round Rock Armando Ruiz, Program Manager; Business Finance Services; Texas Dept. of Commerce Date: February 22,1994 Subject: City Council Meeting, February 24, 1994 Item: 9.A. Consider a resolution authorizing the Mayor to sign the formal acceptance letter from the Texas Department of Housing and Community Affairs to accept a grant of $1,511,596 for public infrastructure improvements for the Dell Computer Corporation expansion site. Staff Resource Person: Joe Vining Recommendation: Approval The Texas Department of Housing and Community Affairs (TDHCA) requires that the formal acceptance letter be signed by both the Mayor and Michael Dell and returned within 45 days from January 31, 1994. The purpose of this letter is to show the City's intent to proceed with the contract between TDHCA and the City of Round Rock concerning the Dell Computer Corporation infrastructure grant project. Failure to meet this deadline will result in the $1,511,596 grant becoming null and void. � SENT'BY:DF! 1 rOMPUTER • • : 2- 9 -94 :11: 08AM ,: DELL TAX DEPT -' 512 2.55 / 6 ' 676: # 2/ 3 N cilj TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS Mn W. Rldlarde GovERNOR Henry florae ExecunVe DIRECTOR January 31, 1994 The Honorable Charlie Culpepper Round Rock city Mayor 221 E. Main Round Rock, Texas 78664 BOARD MEMBEfe O aul R. Rodriguez chairman lJ Harvey Clemons Jr. Elaawln Flutes Richard C. Hite Joseph Kemp Waller Martinez Judith McDonah Mary Sange' Susan Sharlal Dear Mayor Culpepper: I am pleased to inform you that, effective December 13, 1993 the Texas Department of Housing and Community Affairs (TDHCA) in conjunction with the Texas Department of Commerce (TDOC) has approved an award of $1,511,596 to the city of Round Rock to support the proposed expansion of Dell Computer Corporation (Dell), a manufacturer of personal computers. These funds will be used to provide a public infrastructure improvements to the business site and will result in the creation of 330 jobs for the community. This assistance will be made available through the Texas Capital Fund/Texas Community Development Program upon execution and completion of contract terms. The contract is in the review process now and will be mailed to you soon. This commitment requires formal acceptance and response by the city and Dell within forty -five (45) days of the date of this commitment letter. If not accepted, within the timeframe prescribed, this commitment shall expire and its term will become null and void. 811 BARTON SPRINGS ROAD - SUITE 100 • P. 0. Box 13941 • AUSTIN, TEXAS 78711.3941 • (512) 475 -3800 SENT' DELL COMPUTER • Thank you for your fine efforts on behalf of the citizens of the city of Round Rock. Please feel free to call upon the Texas Department of Housing and Community Affairs or David Long at (512) -475 -3827, if you need further assis- tance during the course of this project. Sincerely, 14 F1rv�ti Henry Flares Executive Director ACCEPTED BY: • : 2- 9 -94 :11 :08AM . DELL TAX'DEPT- 512 255 6676;# 3/ 3 Moos Charlie Culpepper, Mayor Date Michael S. Dell, Chief Executive Officer Date Dell Computer Corporation HF:ky cc: Michael S. Dell, Chief Executive Officer; Dell Computer Corporation R. Thomas Armstong, Director of Tax; Dell Computer Corporation Joe Vining, city of Round Rock Armando Ruiz, Program Manager; Business Finance Services; Texas Dept. of Commerce