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Item 4H AudioSouthlake Regional Southlake Regional Medical CenterMedical Center Resolution 09Resolution 09--028028 380 Agreement Amendment One380 Agreement Amendment One 2009-08-04 CC (1) BackgroundBackground Agreement approved November 6, 2007Agreement approved November 6, 2007 •• Highland Street reconstruction beganHighland Street reconstruction began •• White Chapel design delayedWhite Chapel design delayed •• Economy has slowed progress on Economy has slowed progress on •• SRMCSRMC 2 Amendment OneAmendment One Eliminate City’s obligation for Highland Eliminate City’s obligation for Highland •• turn lanes (approx $163,753)turn lanes (approx $163,753) Extend White Chapel from 12/09 to Extend White Chapel from 12/09 to •• 12/1112/11 Extend Highland reconstruction and Extend Highland reconstruction and •• water line from 10/09 to 1/10water line from 10/09 to 1/10 City extends water line stubs to site w/o City extends water line stubs to site w/o •• obligation for repayment by Landplanobligation for repayment by Landplan 3 Amendment OneAmendment One Extends “commencement of Extends “commencement of •• construction” from 12/09 to 12/10construction” from 12/09 to 12/10 Extends “substantial completion” from Extends “substantial completion” from •• 12/11 to 12/1212/11 to 12/12 Extends related reimbursements (water Extends related reimbursements (water •• line, offline, off--site sewer) one yearsite sewer) one year 4 Staff recommends approval of Staff recommends approval of Resolution 09Resolution 09--028 as submitted. 028 as submitted. Feel free to contact Greg Last at Feel free to contact Greg Last at ext. 8037 with any questions.ext. 8037 with any questions.