Item 4HSouthlake Regional Medical Center
Resolution 09-028
380 Agreement Amendment One
2009-08-04 CC (1)
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Background
Agreement approved November 6, 2007
Highland Street reconstruction began
White Chapel design delayed
Economy has slowed progress on SRMC
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Amendment One
Eliminate City’s obligation for Highland turn lanes (approx $163,753)
Extend White Chapel from 12/09 to 12/11
Extend Highland reconstruction and water line from 10/09 to 1/10
City extends water line stubs to site w/o obligation for repayment by Landplan
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Amendment One
Extends “commencement of construction” from 12/09 to 12/10
Extends “substantial completion” from 12/11 to 12/12
Extends related reimbursements (water line, off-site sewer) one year
Staff recommends approval of Resolution 09-028 as submitted. Feel free to contact Greg Last at ext. 8037 with any questions.