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RESOLUTION NO. 2024-1.12R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING A DEVELOPER PARTICIPATION <br /> AGREEMENT WITH MCCOY CORPORATION, PROVIDING FOR THE <br /> CITY TO PARTICIPATE IN THE COST OF WASTEWATER FACILITY <br /> IMPROVEMENTS TO COVER THE COST OF ADDITIONAL <br /> IMPROVEMENTS NEEDED BY THE CITY IN AN AMOUNT NOT TO <br /> EXCEED $430,000.00; AUTHORIZING THE CITY MANAGER, OR HER <br /> DESIGNEE, TO EXECUTE SAID AGREEMENT ON BEHALF OF THE <br /> CITY; AND DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The attached Developer Participation Agreement with McCoy Corporation, <br /> providing for the City to participate in the cost of wastewater facility improvements to cover the <br /> cost of additional improvements needed by the City in an amount not to exceed $430,000.00, is <br /> hereby approved. <br /> PART 2. The City Manager, or her designee, is authorized to execute said agreement <br /> 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 July 2, 2024 <br /> .I, <br /> ne Hughson <br /> Mayor <br /> Attest: <br /> Eliza eth Trevino <br /> City Clerk <br />