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Res 2017-135/approving an Assignment and Assumption of License Agreement that assigns the license agreement with Carma Paso Robles, LLC
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Res 2017-135/approving an Assignment and Assumption of License Agreement that assigns the license agreement with Carma Paso Robles, LLC
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12/28/2017 10:23:01 AM
Creation date
10/5/2017 10:54:30 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-135
Date
10/2/2017
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RESOLUTION NO. 2017-135R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING AN ASSIGNMENT AND ASSUMPTION <br />OF LICENSE AGREEMENT THAT ASSIGNS THE LICENSE <br />AGREEMENT WITH CARMA PASO ROBLES, LLC FOR SUBDIVISION <br />GATEWAY IMPROVEMENTS FOR THE KISSING TREE SUBDIVISION <br />IN THE CITY'S RIGHT-OF-WAY TO THE HOMEOWNERS' <br />ASSOCIATION FOR THE SUBDIVISION; AUTHORIZING THE CITY <br />MANAGER TO EXECUTE SAID AGREEMENT ON BEHALF OF THE <br />CITY; AND DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Assignment and Assumption of License Agreement is <br />approved, subject to provision of a guaranty from the Assignor, in a form acceptable to the City <br />Attorney, securing the obligations assumed under said Agreement. <br />PART 2. Subject to submission and acceptance of a guaranty as provided in Part 1, <br />the City Manager is authorized to execute said Agreement on behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on October 2, 2017. <br />C'k- <br />Jo Thomaides <br />Mayor <br />Attest: <br />*LeCase Jam <br />City C erk <br />
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