Res 2003-137 - Laserfiche WebLink

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51. RESOLUTION NO. 2003- 137R - A RESOLUTION OF TI-IE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF A WATER UTILITY IMPROVEMENT AGREEMENT BETWEEN THE CITY, BENNETI REALTY GROUP, AND DAM BLANCO PARTNERSHIP FOR THE IH-35 WATER FACILITIES PROJECT; APPROVING THE TERMS AND CONDITIONS OF A W ATÈR UTILITY IMPROVEMENT AGREEMENT BETWEEN THE CITY AND AGUA T1ERRA HOLDINGS, L YD. FOR THE POST ROAD WATER FACILITIES PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENTS; AND DECLARING AN EFFECTNE DATE. RECITALS: 1. On December 9, 2002, the City Council approved a Wastewater Utility Improvement Agreement (the "Wastewater Agreement") between the City, Bennett Realty Group ("Bennett"), Dam Blanco Partnership ("Blanco"), and other parties to jointly participate in funding the costs of the North IH-35 Wastewater Improvements Project along IH-35 North of the Blanco River. 2. In connection with the Wastewater Agreement, the City Council on June 9, 2003 approved a similar agreement with Bennett and Blanco for the North IH-35 Water Improvement Project to serve properties owned by Belmett and Blanco. 3. Bennett and Blanco have requested that the agreement for water improvements be separated into two agreements, one for the IH-35 Water Facilities Project and the other for the Post Road Water Facilities Project, since they involve different parties and different methods for financing the improvements. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: PART 1. The attached Water Utility Improvement Agreement for the IH-35 Water Facilities Project is approved. PART 2. The attached Water Utility Improvement Agreement for the Post Road Water Facilities Project is approved. PART 3. The City Manager, Dan O'Leary, is authorized to execute these agreements on behalf of the City after execution of the abTfeement by the other parties. PART 4. This Resolution supersedes the resolution adopted by the City Council on June 9, 2003 approving an agreement with Bennett and Blanco for the North IH-35 Water Improvement Project.