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HomeMy WebLinkAboutRES 981013-Y - Contract Amend Cable ServiceRESOLUTION NO. /19%F -_Y A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, APPROVING A CHANGE TO THE CONTRACT BY A CONTRACT AMENDMENT BETWEEN THE CITY OF GEORGETOWN AND THE TEXAS DEPARTMENT OF ECONOMIC DEVELOPMENT REGARDING THE ADVANCED CABLE SERVICES TEXAS CAPITAL FUND CONTRACT; AUTHORIZING THE CITY MANAGER TO ACT ON THE CITY'S BEHALF WITH REGARD TO THE SUBMISSION OF THIS AMENDMENT REQUEST; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City of Georgetown sponsored a Texas Capital Fund application for the benefit of Advanced Cable Services; and WHEREAS, Advanced Cable Services initiated construction of their building site later than anticipated; and �:J WHEREAS, the building will not be completed as contemplated under the original contract; WHEREAS, the delays were beyond the control of the City of Georgetown; and WHEREAS, the Georgetown City Council has reviewed and approves the extension of the contract period from October 31, 1998, to April 30, 1999. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution implements the following policy or policies of the Century Plan - Policy Plan Element: Economic Development Policy End 1.0, which states: "Georgetown's economy is self-sustaining through diversified growth, a broad tax base with minimal impact from economic fluctuation, enhanced business opportunity and job creation." and 2. Governmental Affairs Policy cooperation and involvement governmental organizations." End 6.0, which states: "A high level of exists among Georgetown's citizens and SECTION 2. The City Council of the City of Georgetown, Texas hereby approves of the extension of the contract period to April 30, 1999. Advanced Cable Amendment Resolution No. V1013—Y Page 1 of 2 Pages SECTION 3. The City Manager is authorized to execute the amendment and otherwise act on the City's behalf in all matters pertaining to the submission of this amendment. SECTION 4. The Mayor is hereby authorized to sign and the City Secretary to attest thereto this resolution on behalf of the City of Georgetown. SECTION 5. This resolution shall be effective immediately upon adoption. RESOLVED this 13th day of October, 1998, by the following vote: AYES: I NAPES: D ABSENT: D Approved: 1 - Leo Wood Mayor Attest: V Sandra D. Lee City Secretary Advanced Cable Amendment Resolution No. VO `01✓ r/ Page 2 of 2 Pages Approved as to form: Marianne Landers Banks City Attorney