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RESOLUTION NO. 2016-74R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MA COS, TEXAS APPROVING A PARTIAL ASSIGNMENT OF A <br />DEVELOPMENT AGREEMENT FOR THE BUIE TRACT FROM <br />CRADDOCK AVENUE PARTNERS, L.L.C. TO KDG CRADDOCK <br />PARTNERS I, L.L.C. AS TO 10.02 ACRES OF LAND LOCATED ALONG <br />CRADDOCK AVENUE AT BISHOP STREET; AUTHORIZING THE <br />CITY MANAGER TO EXECUTE A CONSENT TO THE PARTIAL <br />ASSIGNMENT ON BEHALF OF THE CITY; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF T` : E CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Development Agreement Partial Assignment, (the "Partial <br />Assignment ") is hereby approved. <br />PART 2. The City Manager is hereby authorized to execute an instrument <br />consenting to the Partial Assignment 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 June 7, 2016. <br />niel Guerr <br />Mayor <br />Attest: <br />Jamie Lee Pettijohn <br />City Clerk <br />