HomeMy WebLinkAboutO-2005-2847
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Ordinance No. 2005$11
AN ORDINANCE APPROVING AND AUTHORIZING AN AGREEMENT BETWEEN
THE CITY OF LAPORTE AND THE BUXTON COMPANY, ("CONTRACTOR") FOR
AN ECONOMIC DEVELOPMENT STUDY FOCUSING ON RET AIL
OPPORTUNITIES; APPROPRIATING $63,000.00 PLUS A CONTINGENCY OF
$7,000.00 TO FUND SAID CONTRACT; MAKING VARIOUS FINDINGS AND
PROVISIONS RELATING TO THE SUBJECT, FINDING COMPLIANCE WITH THE
OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF.
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BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
Section 1. The City Council hereby approves and authorizes the contract,
agreement, or other undertaking described in the title of this ordinance, a copy of which
is on file in the office of the City Secretary. The City Manager is hereby authorized to
execute such document and all related documents on behalf of the City of La Porte.
The City Secretary is hereby authorized to attest to all such signatures and to affix
the seal of the City to all documents. The City Council appropriates the sum of $63,000.00
plus a contingency of $7,000.00 for an economic development study from the FY2005-06
Community Investment Fund 036 to fund said Agreement.
Section 2. The City Council officially finds, determines, recites, and declares
that a sufficient written notice of the date, hour, place and subject of this meeting of
the City Council was posted at a place convenient to the public at the City Hall of
the City for the time required by law preceding this meeting, as required by the
Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting
has been open to the public as required by law at all times during which this
ordinance and the subject matter thereof has been discussed, considered and formally
acted upon. The City Council further ratifies, approves and confirms such written notice
and the contents and posting thereof.
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Section 3. This Ordinance shall be effective from and after its passage and
approval, and it is so ordered.
PASSED AND APPROVED, this 26th day of September 2005.
CITY OF LA PORTE
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By:
Debra B. Feazelle, City Manager
ATTEST:
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M a A. GIllett, CIty Secretary
APPROVED:
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Knox W. Askins, City Attorney
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REQUEST FOR CITY COUNCIL AGENDA ITEM
Agenda Date Requested: Se
Appropriation
Requested By:
Source of Funds:Community Investment
Department:
Account Number: 036-6061
Report:
Resolution:
Ordinance:
x
Amount Budgeted: ~70,OOO
Exhibits: Ordinance
Amount Requested: $63,000
Exhibits: Proposal
Budgeted Item: YES NO
Exhibits:
SUMMARY & RECOMMENDATION
Council has expressed an interest in attracting more retail development to La Porte. The FY05-06 Budget
includes funds for an Economic Development Study focusing on retail opportunities. One company that
provides such focus on retail is Buxton & Associates.
The proposal from Buxton offers a 10% price reduction (from $70,000 to $63,000) if the City is willing to
execute an agreement by September 30, 2005.
The product is a sole source product. The scope of services to be provided by Buxton includes:
Retail Potential and Retail Site Determination
1. Establishment of retail trade areas for each site based upon drive times
2. Analysis to the suitability of each site and its trade area. Factors considered include but are not
limited to:
a. Psychographic analysis of households
b. Demand for retail goods and services
c. Existing retail and retail trends in the trade area and surrounding region
d. Site setting, situation and configuration
e. Growth plans and relevant developments
3. Buxton recommendation of the retail site and trade area with the most potential
4. Discussion and approval of a site with which to proceed to retail matching
Identification of Retail Matches for Selected Site
1. Comparison of site trade area with existing retail location trade areas
2. Identification of preliminary target list of matching retailers
3. Additional analysis of preliminary targets
4. Determination of recommended list of matching retailers
S. Discussion and approval of final list of matching retailers for which marketing packages will be
prepared
Action Required bv Council:
Approve Ordinance authorizing the City Manager to execute the Agreement with The Buxton Company.
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