R-2014-1718 - 8/28/2014 V
RESOLUTION NO. R-2014-1718
WHEREAS, on January 20, 1999, the City of Round Rock ("City") and Ryan Sanders Ryan,
Inc. ("RSR") entered into that one certain Convention Center Complex Lease Agreement ("Lease")
which was thereafter assigned on March 29, 1999 to Round Rock Baseball Club, Inc. ("RRBI"),and
WHEREAS, the RRBI has submitted a letter requesting the expenditure of funds for Capital
Repair Work and Capital Improvement Work, attached hereto as Exhibit"A", and
WHEREAS, Article V, Section 5.12, of the Lease sets forth the procedures and process for the
approval of Capital Repair Work and Capital Improvement Work and require that such be approved by
the City Council, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,TEXAS,
That the proposed Capital Repair Work and Capital Improvement Work and expenditure of
funds for the Convention Center Complex, as set forth in Exhibit "B", attached hereto and incorporated
herein for all purposes, are hereby approved.
The City Council 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.
RESOLVED this 28th day of August, 2014.
ALAN MCGRAW, Mayor
City of Round Rock, Texas
ATTEST: INAA qI '. '^
9 Vim"
SARA L. WHITE, City Clerk
V
XHIBIT
1 1
August 1,2014
Cheryl Delaney
Finance Director
City of Round Rock TX
Dear Cheryl,
Please accept this letter as our request for City approval to access funds contained in
Capital Repair Fund#593 and Capital Improvement Fund#595 for the following
projects:
Capital Repair Fund#593
- Clubhouse repairs $40,000
- Perimeter fencing,barricades and gate repairs $40,000
- Puking lot repairs, resurfacing and restriping $120,000
- Plumbing renovations to meet health code $50,000
Capital Improvement Fund#595
- Sound System Consultation $50,000
We thank you for your consideration and are available to answer any questions you may
need help with.
ZChruec"
ndarez
General Manager
- 3400 E.Palm Valley Blvd.,Round Rock,TX 78665
(512)255-2255 * RoundRockExpress.com * #RRExpress
io
EXHIBIT
City of Round Rock
Capital Repair Fund #593
2014-2015 Budget
13-14 13-14 14-15
Adopted Estimated Proposed
DESCRIPTION OF ITEM Budget Actual Budget
Beg. Est. Unreserved Fund Balance 10/1/14 $ 2,953 $ 2,953 $ 32,172
REVENUES
Interest Income 55 4 50
Insurance Proceeds 0 45,217 0
Transfer from Hotel Fund 250,000 250,000 250,000
Total Revenues 250,055 295,221 250,050
Available Balance 253,008 298,174 282,222
EXPENDITURES:
Repairs to Dell Diamond 250,000 266,002 250,000
Subtotal 2014 Expenditures 250,000 266,002 250,000
Total Expenditures 250,000 266,002 250,000
Estimated Unreserved Fund Balance 9/30/15 $ 3,008 $ 32,172 $ 32,222
it V
City of Round Rock
Capital Improvement Fund #595
2014-2015 Budget
13-14 13-14 14-15
Adopted 11
DESCRIPTION OF [TEN] 'N' tud"'cl
Beg. Est. Unreserved Fund Balance 10/1/14 $ 1,858 $ 1,858 $ 1,858
REVENUES
Interest Income 25 0 25
Transfer from Hotel Fund 100,000 100,000 100,000
Transfer from Hotel Fund (Rev 1) 78,000 78,000 0
Contribution 182,000 0 0
Total Revenues 360,025 178,000 100,025
Available Balance 361,883 179,858 101,883
EXPENDITURES:
Improvements to Dell Diamond 360,000 178,000 50,000
Subtotal 2014 Expenditures 360,000 178,000 50,000
Total Expenditures 360,000 178,000 50,000
Estimated Unreserved Fund Balance 9/30/15 $ 1,883 $ 1,858 $ 51,883
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Proposed Capital Expenditures for Convention Center
FY 2015
Capital • . • Cost :
Clubhouse repairs $ 40,000
Perimeter fencing, barricades and gate repairs 40,000
Parking lot repairs, resurfacing and restriping 120,000
Plumbing renovations to meet health code 50,000
TOTAL CAPTIAL REPAIRS $ 250,000
Capital Improvement Items Estimated Cost
Sound system consultation $ 50,000
TOTAL CAPITAL IMPROVEMENTS $ 50,000