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R-12-11-20-G7 - 11/20/2012RESOLUTION NO. R -12-11-20-G7 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 20th day of November, 2012. h'1 ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: SARA L. WHITE, City Clerk O:\wdox\SCClnts\0112\ 1204\MUNICIPAL\00262105.DOC/rmc November 5, 2012 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 — Total Request $250,000 Replacement Wall Padding $60,000 Replacement Dugout Rail Padding $9,000 Replacement of carpet in Club House and Control Room $31,500 Replacement of (5) HVAC units $30,000 Replacement of Roof over Clubhouse, Batting Cage, United Heritage Center $75,000 Replacement of Concourse Lighting to LED $10,000 Repair of manual perimeter gate $3,500 Replacement of trim in United Heritage Center $12,500 Replacement/Repair of concourse restroom sinks $12,500 Replacement/Repair of ceiling grid/tile in kitchen/concession areas $6,000 Capital Improvement Fund #595 — Total Request $100,000 - Seating, Increase railings to 42", Handicap Railings We thank you for your consideration and are available to answer any questions you may need help with. Respectfully, George King Vice-President/General Manager 3400 East Palm Valley Blvd. * Round Rock, TX 78665 * Phone 512.255.2255 * Fax S12.25S.1558 Round RockExpress.com Triple -A Affiliate of the Texas Rangers EXHIBIT I "An Proposed Capital Expenditures for Convention Center FY 2013 Replacement Wall Padding Replacement Dugout Rail Padding Replacement of Carpet in Club House & Control Room Replacement of (5) HVAC units Replacement of Roof over Clubhouse, Batting Cage, United Heritage Center Replacement of Concourse Lighting to LED Repair of Manual Perimeter Gate Replacement of Trim in United Heritage Center Replacement/Repair of Concourse Restroom Sinks Replacement/Repair of Ceiling Grid/Tile in Kitchen/Concession Areas FY 12 Items Not Received by Year End (Blackout Panels, Bathroom Partitions, Door Strike) TOTAL CAPTIAL REPAIRS $ 60,000 9,000 31,500 30,000 75,000 10,000 3,500 12,500 12,500 mm 17,793 $ 267,793 Seating, Increase Railings to 42", Handicap Railings $ 100,000 Water Tower Replica 100,000 TOTAL CAPITAL IMPROVEMENTS $ 200,000 EXHIBIT "B" City of Round Rock Capital Repair Fund #593 2012-2013 Proposed Budget Beg. Est. Unreserved Fund Balance 10/1/12 $ 45,234 $ 45,234 $ 45,236 $ 71,868 REVENUES Interest Income 55 55 87 55 Transfer from Hotel Fund 250,000 250,000 250,000 250,000 Total Revenues 250,055 250,055 250,055 250,087 Available Balance 295,289 295,289 295,323 321,923 EXPENDITURES: Repairs to Dell Diamond 250,000 250,000 223,455 267,793 Add'I Repairs to Dell Diamond (Rev #1) 0 30,000 0 0 Subtotal 2013 Expenditures 250,000 280,000 223,455 267,793 Total Expenditures 250,000 223,455 280,000 267,793 Estimated Unreserved Fund Balance 9/30/13 $ 45,289 $ 15,289 $ 71,868 $ 54,130 City of Round Rock Capital Improvement Fund #595 2012-2013 Proposed Budget Beg. Est. Unreserved Fund Balance 10/1/12 REVENUES Interest Income Transfer from Hotel Fund Total Revenues Available Balance EXPENDITURES: Improvements to Dell Diamond Subtotal 2013 Expenditures Total Expenditures Estimated Unreserved Fund Balance 9/30/13 $ 80 $ 75 100,000 100,075 79 $ 2,802 20 25 100,000 200,000 100,020 200,025 100,099 202,827 100,000 97,297 200,000 100,000 97,297 200,000 100,000 97,297 200,000 $ 155 $ 2,802 $ 2,827 ROUND ROCK, TEXAS City Council Agenda Summary Sheet PURPOSE PASSION. PROSPERITY. Agenda Item No. G7. Consider a resolution approving the budget and authorizing the expenditure of funds for capital repair work and capital improvement at the Convention Center Complex (Dell Aeenda Caption: Diamond). Meetine Date: November 20. 2012 Finance Staff Person making presentation: Cheryl Delaney Finance Director Item Summary: As stated in the Convention Center Complex Lease Agreement, the Lessee (Round Rock Baseball) must provide the City a proposed schedule and budget for Capital Repair Work and Capital Improvements to be completed at the Complex. The City, as owner of the Complex, must pay for the applicable repairs and improvements from Hotel Occupancy Taxes set aside in a Capital Repair Work Account. Repairs include replacement of padding, carpet, HVAC units, roofing, perimeter gate, trim, sinks, ceiling grid and tiles, and new electrical service. This budget also allocates funding for items originally approved in FY 12, but not received or completed prior to year end, including blackout panels, bathroom partitions, and door strikes. Additionally, this budget includes funding and expenditures related to installing a replica water tower at the Dell Diamond that will be paid for equally between the Capital Improvement Fund and the Round Rock Express. Cost: Source of Funds: Capital Repair $250,000 Hotel Occupancy Tax Fund Recommended Action: Approval Capital Improvement $200,000