HomeMy WebLinkAbout16058 1 RESOLUTION NO. 16,058
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3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
4 INTO A CONTRACT WITH THE LITTLE ROCK REGIONAL CHAMBER
5 OF COMMERCE, IN AN AMOUNT NOT TO EXCEED FIVE HUNDRED
6 THOUSAND DOLLARS ($500,000.00), TO PROVIDE ECONOMIC
7 DEVELOPMENT CONSULTING SERVICES; AND FOR OTHER
8 PURPOSES.
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10 WHEREAS, Article 12, Section 5 (b)(2) of the Arkansas Constitution permits a Municipal
11 Government to enter into a contract for Economic Development Services; and,
12 WHEREAS,the City of Little Rock, Arkansas, seeks to expand its economic base by contracting with
13 an organization for Economic Development Services; and.
14 WHEREAS,after Bid No. 2072 was issued, it was deemed that the Little Rock Regional Chamber of
15 Commerce was the top respondent, the Selection Committee, appointed by the City Manager, scored the
16 technical proposal as qualified and has recommended that this contract be awarded to the Little Rock
17 Regional Chamber of Commerce.
18 NOW,THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
19 OF LITTLE ROCK,ARKANSAS:
20 Section 1. The Board of Directors hereby authorizes the City Manager to enter into a contract with
21 the Little Rock Regional Chamber of Commerce to provide Economic Development Consulting Services
22 to the City in accordance with the terms and conditions offered in the proposal submitted in response to
23 the request for proposals Bid No. 2072 in an amount not to exceed Five Hundred Thousand Dollars
24 ($500,000.00) per year; provided, that the initial agreement shall extend from the date of execution of the
25 contract for one (1)-year; and, provided further, that by mutual agreement of the parties the contract can
26 be extended for the same amount of consideration for a full one (1)-year term beginning on January 1,
27 2023; and, provided further,that by mutual agreement of both parties,the agreement may be extended for
28 three(3)additional one-year terms for the same amount.
29 Section 2. Funds for the Economic Development Consulting Services pursuant to the contract
30 authorized by this resolution will be made available through Account No. 100000-63390.
31 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
32 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
33 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
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1 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the
2 resolution.
3 Section 4. Repealer. All resolutions, bylaws, and other matters inconsistent with this resolution are
4 hereby repealed to the extent of such inconsistency.
5 ADOPTED: July 18,2023
6 ATT T: APPROVED:
7 -kr,
„,
9 ng - ,City Clerk Frank Scott,Jr.,Mayor
10 A' ' S : AS TO LEGAL FORM:
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12 44-i&A-1) 4 . �--�
13 Thomas M. Carpenter,City Attrrney
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