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<br />164. <br /> <br />RESOLUTION NO. 2002- 144 [.. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING A PARTIAL <br />ASSIGNMENT OF THE DEVELOPMENT INCENTIVE <br />AGREEMENT BETWEEN THE CITY AND DOUBLE EAGLE <br />VENTURES, INC., AS TO LOT 2, BLOCK 2 OF CONWAY <br />ADDITION SECTION 4, TO KEVIN McGAR D/B/A GILA <br />PROPERTIES; AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The City has a development incentive agreement (the "Agreement") with Double Eagle <br />Ventures, Inc. for the development of the lots in the Conway Addition Section 4. <br /> <br />2. The Agreement provides for the assignment of the Agreement by Double Eagle Ventures, <br />Inc. to third parties with the approval of the City Council. <br /> <br />3. Mr. Kevin McGar d/b/a Gila Properties has requested approval of an assignment of the <br />Agreement as to Lot 2, Block 2 ofthe Conway Addition Section 4, in connection with his purchase <br />of that lot from Double Eagle Ventures, Inc. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />PART 1. The attached partial assignment of the Agreement is approved. <br /> <br />PART 2. The Interim City Manager, Dan O'Leary, is authorized to execute the attached <br />assignment on behalf of the City. <br /> <br />P ART 3. This Resolution is in full force and effect immediately from and after its adoption. <br /> <br />ADOPTED on <br /> <br />July 22, 2002. <br /> <br />~a.~ <br /> <br />Robert B. Habingreither <br />Mayor <br /> <br /> <br />Janis K. Womack <br />City Clerk <br />