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Res 2015-146/Trace PID Finance Agreement
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Res 2015-146/Trace PID Finance Agreement
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Last modified
3/21/2016 10:34:37 AM
Creation date
12/7/2015 11:54:17 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2015-146
Date
10/20/2015
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RESOLUTION NO. 2015-146R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A FINANCING AGREEMENT, <br />SERVICE AND ASSESSMENT PLAN, AND REIMBURSEMENT <br />AGREEMENT WITH HIG POINTE TRACE, L.L.C. IN CONNECTION <br />WITH THE TRACE PUBLIC IMPROVEMENT DISTRICT; <br />AUTHORIZING THE CITY MANAGER TO EXECUTE SAID <br />DOCUMENTS ON BEHALF OF THE CITY; AND DECLARING AN <br />EFFECTIVE DA"Z"E. <br />BE IT RESOLVED BY THE CITY COUNCIL OFT E CITY OF SAN MARCOS, <br />TEXAS: <br />PART I. The attached Financing Agreement, Service and Assessment Plan, and <br />Reimbursement Agreement with Highpointe Trace, L.L.C. in connection with the Trace Public <br />Improvement District are hereby approved. <br />PART 2. The City Manager is authorized to execute the documents identified in <br />Part 1 on behalf of the City. <br />PART 3. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED on October 20, 2015. <br />� rer�������. <br />Mayor <br />
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