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Item 4D Ratify Emergency Expenditures related to Southlake Town Hall Water Leak in the amount of $521,483.92 Item 4D December 3, 2011 December 4, 2012 ELECTROLYSIS LEAK FIRE LINE REPAIR EXPENDITURES Emergency declared per policy Total to Date = $521,483.92 Four (4) vendor costs exceed City Manager approval authority $461,414.07 County Offices – closed 5 business days Library closed – closed 10 business days FUNDING Insurance claim filed $5,000 deductible Fire line repair – not covered Not Budgeted C2 Provide travel convenience within City and region Questions: Bob Price (817) 748-8097