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HomeMy WebLinkAboutRES 092314-AN - Agmt City & Del Webb DevRESOLUTION NO. L7 1;?A LI-A1',J A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS APPROVING THE 11th AMENDMENT TO THE DEVELOPMENT AGREEMENT BETWEEN THE CITY AND DEL WEBB DEVELOPMENT CO. FOR SUN CITY TEXAS WHEREAS, the City, Owner and Developer desire to amend the existing Sun City Texas Development Agreement for the Eleventh time to identify the rights and responsibilities of the parties in regards to development of the Land and construction of the Public Improvements. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS THAT: SECTION 1: The City Council hereby finds that the statements set forth in the preamble of this Resolution are true and correct, and the recitals are hereby incorporated by reference herein and shall have the same force and effect as if set forth in this Section. SECTION 2: The City Council hereby approves the amendment to the Development Agreement relating to the Land in substantially the form attached hereto as Attachment 1, and authorizes the Mayor or the Mayor Pro Tem to execute such amendment to the agreement on behalf of the City of Georgetown, Texas. SECTION 3. The City Manager, City Attorney, and City Secretary are hereby authorized, empowered, and directed to do and perform all such acts as may be necessary to execute, acknowledge, and deliver in the name of and on behalf of the City of Georgetown, Texas, a Development Agreement substantially in the form attached hereto as Attachment 1. SECTION 4: It is hereby officially found and determined that the meeting at which this Resolution was considered was open to the public, and public notice of the time, place, and purpose of said meeting was given, all as required by the Texas Open Meetings Act, Chapter 551, Texas Government Code. SECTION 5: The Mayor is hereby authorized to sign this Resolution and the City Secretary is authorized to attest. This Resolution shall become immediately upon its passage and shall prevail over conflicting provisions in prior Resolutions or City Council actions, if any. RESOLVED this a3" day of S eTon(B , 20JY Resolution No. 0-I-3 (L - AN page 1 of 2 Sun City 11th Amendment THE CITY OF GEORGETOWN, TEXAS: f-e Dale Ross, Mayor ATTEST: 1 v Jes tBrettle, City Secretary APPROVED AS TO FORM: i Bridget Chapm ' Attorney Resolution No. page 2 of 2 Sun City 111h Amendment