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Res 2022-068R/Approving a third change order amendment to the participation agreement with Lazy Oak Ranch providing for traffic signal and intersection improvement at wonder world drive and centerpoint rdin the La Cima amount $550,000 (2)
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Res 2022-068R/Approving a third change order amendment to the participation agreement with Lazy Oak Ranch providing for traffic signal and intersection improvement at wonder world drive and centerpoint rdin the La Cima amount $550,000 (2)
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9/20/2022 3:48:11 PM
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9/15/2022 3:54:07 PM
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RESOLUTION NO. 2022-68R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A THIRD CHANGE ORDER <br />AMENDMENT TO THE PARTICIPATION AGREEMENT WITH LAZY <br />OAKS RANCH, LP PROVIDING FOR TRAFFIC SIGNAL AND <br />INTERSECTION IMPROVEMENTS AT WONDER WORLD DRIVE AND <br />CENTERPOINT ROAD IN THE LA CIMA DEVELOPMENT, WITH AN <br />ADDITIONAL COST PARTICIPATION AMOUNT BY THE CITY OF <br />$550,000.00; AUTHORIZING THE CITY MANAGER OR HER DESIGNEE <br />TO EXECUTE THE APPROPRIATE DOCUMENTS RELATING TO THE <br />CHANGE ORDER ON BEHALF OF THE CITY; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART I. Change Order No.3 Amendment to Participation Agreement attached hereto <br />is approved. <br />PART 2. The City Manager, or her designee, is authorized to execute appropriate <br />documents related to said Change Order No. 3 Amendment on behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on April 5, 2022. <br />a-56-r— <br />Mayor Hughso <br />Mayor <br />Attest: <br />am/ <br />my . Cook <br />City erk <br />
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