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<br /> <br />REQUEST OR CITY COUNCIL AGENDA ITEM <br /> <br />Appropriation <br /> <br />Requested By: <br /> <br />Source of Funds: TIRZ <br /> <br />Department: <br /> <br />Account Number: 039- <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />Amount Budgeted: <br /> <br />Exhibits: Agreement for Services <br /> <br />Amount Requested: <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />At the August 1,2001 meeting, the La Porte Redevelopment Authority discussed contracting with the <br />City of La Porte for Redevelopment Authority duties described in the Tri-Party Agreement. <br /> <br />Section II and Section VI of the Tri-Party Agreement (attached) between the City, Zone and Authority <br />describes the services the Redevelopment Authority may furnish. Since the Authority has no employees <br />we are suggesting a simple agreement with the City to provide these services. (Note: this approach is <br />similar to the operating agreement between the City and the La Porte Area Water Authority). <br /> <br />The agreement provides for the Authority to compensate the City, at cost plus 5%, annually, upon <br />termination, or as otherwise provided for in writing, for services performed by the City on behalf of the <br />Authority. For outside or vendor services, payment will be made within 30 days of invoice date. The <br />agreement term is for 1 year with the option for two I-year renewals and includes provisions for <br />termination by either party. <br /> <br />Action Required bv Council: <br /> <br />Approve the proposed Service Agreement between the City, TIRZ, and Redevelopment Authority. <br /> <br />Approved for City Council Ae:enda <br /> <br />~~T.~ <br /> <br />Robert T. Herrera, City Manager <br /> <br />S-\l.,.()'L <br />Date <br />