Posting Language
Title
Authorize negotiation and execution of Amendment No. 1 to an agreement with LVP FFI Austin LLC d/b/a Fairfield Inn & Suites Austin Northwest/Research Blvd, a limited liability company, to extend the City's occupancy of the real property located at 13087 Research Blvd, Austin, Texas, 78750 for emergency housing, isolation, and support services related to COVID-19 for an additional one-month term, with an option to extend for four (4) successive one-month terms, in the amount of $963,900 for a total contract amount not to exceed $1,921,500.
De
Lead Department
Financial Services Department.
Fiscal Note
Funding in the amount of $963,900 is available in the Fiscal Year 2021-2022 General Fund Emergency Reserve Fund Operating Budget.
Prior Council Action:
On November 12, 2020 Council Approved the negotiation and execution of an Emergency Temporary Occupancy Agreement.
On April 22, 2021 Council Approved Ratification of an amendment to Emergency Temporary Occupancy Agreement.
On September 30, 2021 Council Approved Ratification of an Emergency Temporary Occupancy Agreement.
For More Information:
Megan Herron, Financial Services Department, 512-974-5649; Michael Gates, Financial Services Department, (512) 974-5639; Juan Ortiz, Homeland Security and Emergency Management, (512) 974-0461.
Additional Backup Information:
Authorize the negotiation and execution of Amendment No. 1 of an agreement with LVP FFI Austin LLC d/b/a Fairfield Inn & Suites Austin Northwest/Research Blvd, a limited liability company, to extend the City's occupancy of the property for emergency housing, isolation, and support services related to COVID-19. The agreement will include the use of approximately 49,034 square feet of commercial building space on a 1.856-acre lot, which includes 84 guest rooms and a meeting room. The extended term of this Agreement will begin on January 29, 2022, with an initial 31-day term. The agreement allows for four (4) successive one-month ext...
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