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Res 2020-142/approving a fourth 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 establish year 2022 as the
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Res 2020-142/approving a fourth 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 establish year 2022 as the
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5/26/2021 9:32:42 AM
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7/27/2020 2:01:57 PM
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Resolutions
Number
2020-142
Date
7/7/2020
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RESOLUTION NO. 2020-142R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A FOURTH ADDENDUM TO THE <br />CHAPTER 380 ECONOMIC DEVELOPMENT INCENTIVE <br />AGREEMENT WITH HUMPTY DUMPTY SSM, LTD. IN CONNECTION <br />WITH THE REDEVELOPMENT OF SPRINGTOWN SHOPPING <br />CENTER WHICH AMENDS THE AGREEMENT TO ESTABLISH THE <br />YEAR 2022 AS THE FIRST YEAR IN WHICH APPLICATION FOR A <br />GRANT PAYMENT MAY BE MADE; AUTHORIZING THE CITY <br />MANAGER, OR HIS DESIGNEE, TO EXECUTE THE FOURTH <br />ADDENDUM; AND DECLARING AND EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Fourth Addendum to Chapter 380 Economic Development <br />Incentive Agreement with Humpty Dumpty SSM, Ltd. (the "Fourth Addendum") is hereby <br />approved. <br />PART 2. The City Manager, or his designee, is authorized to execute the Fourth <br />Addendum on behalf of the City. <br />PART 3. This resolution shall be in full force and effect from and after its passage. <br />ADOPTED on July 7, 2020. <br />in Hughson <br />Mayor <br />Att t: <br />T mmy K. ook <br />nterim rty Clerk <br />
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