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R-94-07-28-10J - 7/28/1994WHEREAS, the City has previously advertised for proposals from hotel developers for the development of a hotel /civic center complex in Round Rock, and WHEREAS, the City has received three such proposals, one of which has since been withdrawn by the proposer, and WHEREAS, the Council has determined that both Chisholm Trail Hotel, LTD and Lumbermen's Investment Corporation have submitted proposals which have the potential of meeting the needs of the City, and that the City Manager should be authorized to enter into negotiations with both proposers to determine which one is the more beneficial to the City; Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the City Manager is hereby authorized and directed to enter into negotiations with both Chisholm Trail Hotel, LTD and Lumbermen's Investment Corporation to prepare a written agreement providing for the development of a hotel /civic center complex in Round Rock. RESOLVED this 28th day of July, , /994 ATTEST: ES /RESOLITTIONS RS4072BJ /rvnei a4-1,66 RESOLUTION NO. le-W-07-0V- /OLT E LAND, City Secretary 1 CHARLES CULPE!PE'f /Mayor City of Round Ro k, Texas Date: July 26,1994 Subject: City Council Meeting, July 281994 • Item: 10.J. Consider a resolution authorizing the City Manager to enter into negotiations for the development of a hotel /civic center complex. Staff Resource Person: Joe Vining Staff is evaluating the proposals and will make a recommendation at the meeting.