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RESOLUTION NO. 2020-179R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A THIRD AMENDED AND RESTATED <br />DEVELOPMENT AGREEMENT IN CONNECTION WITH THE LA CIMA <br />DEVELOPMENT NEAR THE INTERSECTION OF OLD RANCH ROAD <br />12 AND WONDER WORLD DRIVE TO, AMONG OTHER THINGS, ADD <br />UP TO 129.383 ACRES OF LAND TO THE AREA COVERED BY THE <br />AGREEMENT, REDUCE THE PROJECT DENSITY FROM 1.16 TO 1.10 <br />DWELLING UNITS PER ACRE IF ALL OF SUCH LAND IS ADDED, <br />ENLARGE THE AREA WITHIN WHICH THE ORIGINALLY ALLOWED <br />720 MULTI -FAMILY UNITS MAY BE LOCATED FROM 30 ACRES TO <br />ANY AREA DESIGNATED IN THE CONCEPTUAL LAND USE PLAN AS <br />COMMUNITY COMMERCIAL, SAVE AND EXCEPT OUTPARCELS <br />AND A 22 ACRE PORTION OF LAND ADDED TO THE AGREEMENT, <br />AND ALLOW CONDOMINIUMS AS A NEW USE ONLY BY A <br />CONDITIONAL USE PERMIT APPROVED BY THE CITY COUNCIL; <br />AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO <br />EXECUTE THE AGREEMENT ON BEHALF OF THE CITY; AND <br />PROVIDING AN EFFECTIVE DATE <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The Third Amended and Restated Development Agreement attached hereto <br />is approved. <br />PART 2. The City Manager, or his designee, is hereby authorized to execute the Third <br />Amended and Restated Development Agreement 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 August 18, 2020. <br />Jane Hughson <br />Mayor <br />Attest: <br />Tammy K. Cook <br />Interim City Cleric <br />