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<br />64 <br /> <br />RESOLUTION NO. 2005- 13 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING THE TERMS AND <br />CONDITIONS OF A CAPITAL IMPROVEMENT AGREEMENT <br />BETWEEN THE CITY AND BOBSCO, INC. RELATED TO THE <br />H&H INDUSTRIAL PARK; AUTHORIZING THE CITY <br />MANAGER TO EXECUTE THE AGREEMENT ON BEHALF OF <br />THE CITY; AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The City desires to participate in the installation of water system improvements to be <br />constructed to serve the H&H Industrial Park, in accordance with the requirements of Section <br />7.7.1.14 of the City Land Development Code. <br /> <br />2. The Engineering Department has reviewed and approved the request of the Developer, <br />Bobsco, Inc., for an oversize reimbursement agreement in the amount of $37,567.50. <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 Bobsco, Inc. for the installation of water system improvements to be <br />constmcted to serve the H&H Industrial Park 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 />PART 3. This Resolution shall become effective immediately from and after its passage. <br /> <br />ADOPTED on January 18, 2005. <br /> <br />~a~~ <br /> <br />Mayor <br /> <br />;;;!hn~~ <br /> <br />r <br />Janis K. Womack <br />City Clerk <br />