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RESOLUTION NO. 2024-32R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING THE TERMS OF A SETTLEMENT <br /> AGREEMENT TO RESOLVE ALL CLAIMS IN THE PENDING <br /> LITIGATION STYLED "SM BLOCK 21, LLC V. CITY OF SAN <br /> MARCOS", CASE NO. 23-0339, IN THE 207TH JUDICIAL DISTRICT <br /> COURT OF HAYS COUNTY, TEXAS; AUTHORIZING THE CITY <br /> MANAGER, OR HER DESIGNEE, TO SIGN THE SETTLEMENT <br /> AGREEMENT 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 1. The terms of the Settlement Agreement attached to this resolution are <br /> hereby approved to resolve all claims in the currently pending litigation regarding the disposition <br /> of property in a suit styled: SM Block, LLC v. City of San Marcos, Case No. 23-0339 in the 207t" <br /> Judicial District Court of Hays County, Texas. <br /> PART 2. The City Manager, or her designee, is hereby authorized to sign the <br /> Settlement Agreement 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 March 5, 2024. <br /> ane Hughson <br /> Mayor <br /> Attest: <br /> .5 <br /> 11 <br /> Elizabeth Trevino <br /> City Clerk <br />