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Res 2016-185/approving a second addendum to the Chapter 380 Economic Development Incentive Agreement with Humpty Dumpty SSM, Ltd. in connection with the redevelopment of Springtown Shopping Center which amends the agreement to extend by one year the time
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Res 2016-185/approving a second addendum to the Chapter 380 Economic Development Incentive Agreement with Humpty Dumpty SSM, Ltd. in connection with the redevelopment of Springtown Shopping Center which amends the agreement to extend by one year the time
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2/1/2017 1:02:23 PM
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Resolutions
City Clerk - Type
Approving
Number
2016-185
Date
12/20/2016
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RESOLUTION NO. 2016-185R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> SAN MARCOS, TEXAS APPROVING A SECOND ADDENDUM <br /> TO THE CHAPTER 380 ECONOMIC DEVELOPMENT <br /> INCENTIVE AGREEMENT WITH HUMPTY DUMPTY SSM, <br /> LTD. IN CONNECTION WITH THE REDEVELOPMENT OF <br /> SPRINGTOWN SHOPPING CENTER WHICH AMENDS THE <br /> AGREEMENT TO EXTEND BY ONE YEAR THE TIME PERIOD <br /> WITHIN WHICH THE FIRST APPLICATION FOR A GRANT <br /> PAYMENT MAY BE MADE; AUTHORIZING THE CITY <br /> MANAGER TO EXECUTE THE SECOND ADDENDUM; AND <br /> DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS: <br /> PART 1. The attached Second Addendum to Chapter 380 Economic <br /> Development Incentive Agreement with Humpty Dumpty SSM, Ltd. (the "Second <br /> Addendum") is hereby approved. <br /> PART 2. The City Manager is authorized to execute the Second Addendum on <br /> behalf of the City. <br /> PART 3. This resolution shall be in full force and effect from and after its <br /> passage. <br /> ADOPTED on December 20, 2016. <br /> D erCtr r <br /> Mayor <br /> Attest: <br /> r 0 ,- <br /> %Jamie .eel Case <br /> City Clerk <br />
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