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RESOLUTION 2021-228R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A LETTER AGREEMENT WITH JDHQ <br />HOTELS LLC GRANTING THE CITY'S CONSENT TO JDHQ'S <br />CREATION OF A NEW AFFILIATED OPERATING COMPANY UNDER <br />COMMON CONTROL WITH THE LESSEE AND TO THE SUBLEASE <br />OF THE EMBASSY SUITES HOTEL AND CONFERENCE CENTER BY <br />THE LESSEE TO SUCH AFFILIATED OPERATING COMPANY <br />WITHOUT ANY CHANGE TO THE TERMS AND CONDITIONS OF <br />THE EXISTING LEASE AND AGREEMENTS WITH THE CITY; <br />AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO <br />EXECUTE THE LETTER AGREEMENT; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached letter agreement with JDHQ Hotels LLC is hereby approved. <br />PART 2. The City Manager, or his designee, is authorized to execute the letter <br />agreement on behalf of the City. <br />PART 4. This resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on November 16, 2021. <br />c 466p--) <br />ane Hughso <br />Mayor <br />Attest: <br />L <br />mmy K. ook <br />Interi Clerk <br />