File #: 18-2729    Version: 1 Name: Resolution - A Resolution Rescinding Funding and Approval of Contract for Development Services with United Properties Southwest
Type: Resolution Status: Passed
File created: 5/1/2018 In control: City Council
On agenda: 5/14/2018 Final action: 5/14/2018
Title: Resolution - A Resolution Rescinding Funding and Approval of Contract for Development Services with United Properties Southwest
Sponsors: Clayton Chandler, Richard Nevins
Attachments: 1. Resolution

Title

Resolution - A Resolution Rescinding Funding and Approval of Contract for Development Services with United Properties Southwest

 

Requested Action

Rescind the funding and approval of the development services contract with United Properties Southwest approved by City Council on March 5th, 2018

 

Recommendation

Rescind the funding and approval of the development services contract with United Properties Southwest approved by City Council on March 5th, 2018

 

Description/History

On March 5th, the development services contract with United Properties Southwest for the design and engineering of infrastructure to serve the MEDC owned 170 acres was placed on the Consent Agenda and approved by City Council 7 to 0. Since that time there has been a change in the development strategy for the site. The contract has not been executed and therefore, the funding and approval of this contract needs to be rescinded.

 

Justification

The contract and funding need to be formally rescinded.

 

Funding Source

4A

 

Prepared By

Richard Nevins, Assistant Director, 817-728-3652