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RESOLUTION NO. 2022-27R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING AN AGREEMENT WITH TEXAS <br />WATERFRONT INVESTMENTS LLC. PROVIDING FOR THE CITY TO <br />PURCHASE A DRAINAGE EASEMENT ACROSS APPROXIMATELY <br />0.1650 ACRES OF LAND LOCATED AT 700 RIVER ROAD, TOGETHER <br />WITH A TEMPORARY WORKSPACE LICENSE, FOR A PRICE OF <br />$98,224.00, PLUS ASSOCIATED CLOSING COSTS, IN CONNECTION <br />WITH THE BLANCO GARDENS DRAINAGE IMPROVEMENTS <br />PROJECT; AUTHORIZING THE CITY MANAGER, OR THE CITY <br />MANAGER'S DESIGNEE, TO EXECUTE SAID AGREEMENT AND <br />ASSOCIATED CLOSING DOCUMENTS; 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 Purchase Agreement is hereby approved. <br />PART 2. The City Manager, or the City Manager's designee, is hereby authorized to <br />sign said agreement on behalf of the City. <br />PART 3. This resolution shall become effective immediately from and after its <br />passage. <br />ADOPTED on February 1, 2022. <br />kx <br />j ghson <br />Mayor <br />,At <br />tyi� <br />st.jamm,y <br />rl <br />CookCit.Clelc <br />