A. Award - Self Contained Breathing Apparatus (SCBA) Repair Parts Supply Agreement:
Award to low responsive bidder: Panhandle Breathing Air Systems, Inc. - $56,116.30
Overview: The item awards an annual supply agreement to provide repair parts as needed for the SCBA units used by the Amarillo Fire Department. Maintenance and repair of the SCBA units is performed by trained Fire Department personnel. The agreement reflects an overall decrease of 6.7% in the cost of parts. The value of the annual supply agreement has increased from the current year based on an increase in the number SCBA units requiring maintenance. Funding for the agreement is available from the approved 2011-12 Fire Department inventory account.
B. Approval - Tax Increment Reinvestment Zone #1 Incentive Project:
Amarillo Local Government Corporation Developer Agreements for Streetscape Improvements -- $2,700,000
Overview: This item is the approval of a project to fund streetscape improvements in the public right-of-way adjacent to the City's proposed downtown convention center hotel, parking garage and multipurpose event venue. The streetscape improvements will include trees, pedestrian lights, benches, new sidewalks and bulb outs. The estimated cost of the improvements is approximately $2.7 million. This project is consistent with the goals of the TIRZ and all activities funded through this project will be performed on the public right-of-way. Both the TIRZ #1 Board of Directors and the Potter County Commissioners Court has approved this project and it is now recommended to the Amarillo City Commission for final approval.
C. Approval - Tax Increment Reinvestment Zone (TIRZ) #1 Incentive
Project:
Wallace Bajjali Development Partners, LP Reimbursement of Tax Increment - Convention Center Hotel and parking garage
Overview: This item is the approval of a TIRZ incentive agreement reimbursing 90% of the eligible annual ad valorem taxes from participating jurisdictions generated by the downtown convention center hotel and parking garage. The first payment will be made one year after the certificate of occupancy is issued and the taxes paid by the developer. This project is consistent with the goals of the TIRZ. Both the TIRZ #1 Board of Directors and the Potter County Commissioners Court has approved this project and it is now recommended to the Amarillo City Commission for final approval.
D. Approval - Economic Development Agreement - Convention Center Hotel and Parking Garage: Wallace Bajjali Development Partners, LP :
Parties: City of Amarillo and Wallace Bajjali Development Partners, LP
Overview: This item approves an economic development agreement to help fund the public-private convention center hotel to be constructed in downtown Amarillo. Specifically, this Agreement will rebate specific portions of hotel occupancy taxes and the state portion of the sales tax to the developer for the operation of the downtown convention center hotel. These rebates are established and allowed by state law to incentivize the development of successful convention center hotels. The rebates will consist of the following:
* City will rebate the City's portion of the hotel occupancy tax generated specifically from this hotel for the first 20 years it is open or until 40% of the construction costs are rebated, whichever occurs first.
* State will rebate the State's portion of the hotel occupancy tax generated specifically from this hotel, during the first 10 years the hotel is open.
* State will rebate the State portion of sales taxes collected on retail sales within this hotel, during the first 10 years it is open.
A. Award - Self Contained Breathing Apparatus (SCBA) Repair Parts Supply Agreement:
Award to low responsive bidder: Panhandle Breathing Air Systems, Inc. - $56,116.30
Overview: The item awards an annual supply agreement to provide repair parts as needed for the SCBA units used by the Amarillo Fire Department. Maintenance and repair of the SCBA units is performed by trained Fire Department personnel. The agreement reflects an overall decrease of 6.7% in the cost of parts. The value of the annual supply agreement has increased from the current year based on an increase in the number SCBA units requiring maintenance. Funding for the agreement is available from the approved 2011-12 Fire Department inventory account.
B. Approval - Tax Increment Reinvestment Zone #1 Incentive Project:
Amarillo Local Government Corporation Developer Agreements for Streetscape Improvements -- $2,700,000
Overview: This item is the approval of a project to fund streetscape improvements in the public right-of-way adjacent to the City's proposed downtown convention center hotel, parking garage and multipurpose event venue. The streetscape improvements will include trees, pedestrian lights, benches, new sidewalks and bulb outs. The estimated cost of the improvements is approximately $2.7 million. This project is consistent with the goals of the TIRZ and all activities funded through this project will be performed on the public right-of-way. Both the TIRZ #1 Board of Directors and the Potter County Commissioners Court has approved this project and it is now recommended to the Amarillo City Commission for final approval.
C. Approval - Tax Increment Reinvestment Zone (TIRZ) #1 Incentive
Project:
Wallace Bajjali Development Partners, LP Reimbursement of Tax Increment - Convention Center Hotel and parking garage
Overview: This item is the approval of a TIRZ incentive agreement reimbursing 90% of the eligible annual ad valorem taxes from participating jurisdictions generated by the downtown convention center hotel and parking garage. The first payment will be made one year after the certificate of occupancy is issued and the taxes paid by the developer. This project is consistent with the goals of the TIRZ. Both the TIRZ #1 Board of Directors and the Potter County Commissioners Court has approved this project and it is now recommended to the Amarillo City Commission for final approval.
D. Approval - Economic Development Agreement - Convention Center Hotel and Parking Garage: Wallace Bajjali Development Partners, LP :
Parties: City of Amarillo and Wallace Bajjali Development Partners, LP
Overview: This item approves an economic development agreement to help fund the public-private convention center hotel to be constructed in downtown Amarillo. Specifically, this Agreement will rebate specific portions of hotel occupancy taxes and the state portion of the sales tax to the developer for the operation of the downtown convention center hotel. These rebates are established and allowed by state law to incentivize the development of successful convention center hotels. The rebates will consist of the following:
* City will rebate the City's portion of the hotel occupancy tax generated specifically from this hotel for the first 20 years it is open or until 40% of the construction costs are rebated, whichever occurs first.
* State will rebate the State's portion of the hotel occupancy tax generated specifically from this hotel, during the first 10 years the hotel is open.
* State will rebate the State portion of sales taxes collected on retail sales within this hotel, during the first 10 years it is open.