Loading...
Res 07-23 Authorizing the Increase to the Retainage Fees for Architectural Services for Arts and Science CenterTOWN OF WESTLAKE RESOLUTION NO. 07-23 A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE AUTHORIZING AN INCREASE IN THE RETAINAGE FEE FOR ARCHITECTURAL SERVICES TO IMMEDIATELY BEGIN DESIGN OF A PERFORMING ARTS AND SCIENCE CENTER TO BE USED BY THE TOWN OF WESTLAKE AND WESTLAKE ACADEMY. WHEREAS, the Board of Aldermen believe that a public need exists to support the construction of a new public facility that would provide space for the visual and performing arts as well as science laboratory classroom space for Westlake Academy; and WHEREAS, the Westlake Academy Foundation has begun a capital campaign to raise money to completely fund this new facility and reimburse the Town up to $S million for design and construction of this facility; and WHEREAS, in order to accommodate a desired Fall 2008 opening date, the Board has chosen to support the construction schedule by immediately contracting for architectural and design services; and WHEREAS, the Town of Westlake has begun analysis of a potential future debt issue from which the proceeds would reimburse architecture and engineering services now secured by the Town as well as a portion of the facility construction costs; and WHEREAS, the Board of Aldermen believe than an increase to the retainage fee previously authorized in Resolution 07-16 on February 26, 2007, is now necessary in order to provide minimum delay in the architectural design and construction schedule for the Westlake Performing Arts and Science Center. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1. That the above findings are hereby found to be true and correct and are incorporated herein in the entirety. SECTION 2. The cost to retain architectural services to begin the design work is now increased by an additional $10,000, not to exceed $20,000.00, before the execution of a contract by the Board of Aldermen. Resolution No. 07-23 — April 23, 2007 Page 1 of 2 PASSED AND APPROVED ON THIS 23rd DAY OF APRIL 2007. ATTEST: i Sutter, TRMC, Town Secretary APPROVED AS TO FORM: t,L\a & �J� L. Stanton Lowry, Town Attorney Trent O. Petty, Towri0anager Resolution No. 07-23 — April 23, 2007 Page 2 of 2