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6. Further, the City also seeks to approve an agreement under which the City will <br />reimburse the developer of the property within Improvement Area #2 of the District for certain <br />costs incurred in connection with construction of the public improvements allocated to <br />Improvement Area #2 of the District. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The Amended and Restated Whisper Public Improvement District <br />Financing Agreement, substantially in the form attached hereto as Exhibit "A", is hereby <br />approved. <br />PART 2. The City approves and authorizes Whisper Master Community Association, <br />Inc., a Texas non-profit corporation to be formed by the developer of the property within the <br />District to own, operate and maintain certain public improvements within the District for the <br />benefit of the City pursuant to Section 372.023(a)(3) of the PID Act. <br />PART 3. The Whisper Public Improvement District Improvement Area #1 <br />Acquisition and Reimbursement Agreement, substantially in the form attached hereto as Exhibit <br />"B", is hereby approved. <br />PART 4. The Whisper Public Improvement District Improvement Area #2 <br />Acquisition and Reimbursement Agreement, substantially in the form attached hereto as Exhibit <br />"C", is hereby approved. <br />PART 5. The City Manager is authorized to execute the Amended and Restated <br />Whisper Public Improvement District Financing Agreement on behalf of the City. <br />PART 6. The City Manager is authorized to execute the Whisper Public Improvement <br />District Improvement Area #1 Acquisition and Reimbursement Agreement on behalf of the City. <br />PART 7. The City Manager is authorized to execute the Whisper Public Improvement <br />District Improvement Area #2 Acquisition and Reimbursement Agreement on behalf of the City. <br />PART 8. This resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on April 21, 2020. <br />. , <br />"4415CIA-) <br />J e Hughson, lI or <br />Attest: <br />(j mmy C(TV, Interim City Clerk <br />