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<br />45. <br /> <br />RESOLUTION NO. 2004- 113R. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING THE TERMS AND <br />CONDITIONS OF AN OVERSIZE REIMBURSEMENT <br />AGREEMENT FOR ROAD AND UTILITY IMPROVEMENTS <br />BETWEEN THE CITY AND FAIRFIELD SAN MARCOS <br />EXCHANGE III, LTD.; AUTHORIZING THE CITY MANAGER <br />TO EXECUTE THE AGREEMENT ON BEHALF OF THE CITY; <br />AND DECLARING AN EFFECTNE DATE. <br /> <br />RECITALS: <br /> <br />1. The City desires to participate in the oversizing of road and water improvements to be <br />constructed to serve Lot 2 of the Blanco Shoals PDD Subdivision, in accordance with the <br />requirements of Section 110.131 of the Subdivision Chapter of the City Code. <br /> <br />2. The Engineering Department has reviewed and approved the request of the Developer, <br />Fairfield San Marcos Exchange III, Ltd., for an oversize reimbursement agreement in the amount of <br />$59,625.18. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />PART 1. The terms and conditions of the attached Oversize Reimbursement Agreement <br />between the City and Fairfield San Marcos Exchange III, Ltd. for the oversizing of road and water <br />improvements to be constructed to serve Lot 2 of the Blanco Shoals PDD Subdivision are approved. <br /> <br />PART 2. The City Manager, Dan O'Leary, is authorized to execute the Agreement on behalf <br />of the City. <br /> <br />P ART 3. This Resolution shall become effective immediately from and after its passage. <br /> <br />ADOPTED on July 12, 2004. <br /> <br />~h <br /> <br />Mayor <br /> <br />Attest· <br /> <br />t;f~~yÝ~ <br /> <br />Janis K. Womack <br />City Clerk <br />