Laserfiche WebLink
<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: 2/19/2008 <br /> <br />Budl!et <br /> <br />Requested By: Gretchen Rlack <br /> <br />Source of Funds: <br /> <br />EDC <br /> <br />Department: City Mllllllger/EDC <br /> <br />Account Number: 038-6030-565-50.07 <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />Amount Budgeted: <br /> <br />$0 <br /> <br />Exhibits: <br /> <br />Amount Requested: <br /> <br />$30,000 <br /> <br />SUMMARY & RECOMMENDA rlON <br /> <br />At the LPEDC meeting on February 25th we will be requesting that the Board consider <br />authorizing staff to proceed with an appraisal of the triangle property located between <br />Broadway, San Jacinto and East A Streets across from 117 San Jacinto. Additionally, we are <br />also asking the Board to consider authorizing staff to proceed with selecting a firm to provide <br />architectural renderings of the proposed town square. Both of the these projects would be the <br />first steps necessary to create the concept and to move the project forward. <br /> <br />If this request is approved by the Board we will select an appraiser from an approved city list. <br />For the architectural renderings we will meet with firms to discuss the proposed concept and <br />then based upon those discussions select a firm. In order to expedite this process we are <br />requesting authorization to have the Board approve a budget adjustment for the services not <br />to exceed $30,000. Per the by-laws of the Corporation, the City Council must approve any <br />expenditure above $15,000. The City Council must also authorize an amendment to the FY <br />2008 Budget for the $30,000 requested from the LPEDC Board. <br /> <br />Action Required bv Council: <br /> <br />Appr e t actions of the LPEDC Board authorizing the Economic Development Coordinator <br />to rocee with the town square plan and amend the FY 2008 Budget in an amount not to <br />ceed 0,000 for the services requested. <br /> <br /> <br />~11J>t> <br />