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Res 2006-153
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Res 2006-153
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Last modified
3/6/2007 2:01:04 PM
Creation date
10/23/2006 10:26:42 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2006-153
Date
9/19/2006
Volume Book
169
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<br />remaining portion of the Developer's property that is within the Project Site into the city limits of <br />San Marcos, and consenting to the addition of the ETJ Area and such other area into the Zone, so <br />that the City of San Marcos may annex the ETJ Area and such other area into the city limits of <br />San Marcos and add the ETJ area and such other area into the Zone. If the Developer owns the <br />ETJ area, the Developer may itself provide such consents. <br /> <br />(C) The Developer shall secure and provide to the City a written document <br />executed by Hays County consenting to annexation of the portion of the Yarrington Road right- <br />of-way that is within the Project Site into the city limits of San Marcos, and consenting to the <br />addition of such right-of-way area into the Zone, so that the City of San Marcos may annex such <br />right-of-way area into the city limits of San Marcos and add the right-of-way area into the Zone. <br /> <br />(D) The Developer shall secure and provide to the City a written document <br />executed by the owner of the portion of the Eastern Project Segment located within Lots 1, 21, <br />24 and 25 of the Champions Business Park Subdivision consenting to the addition of such area <br />into the Zone, so that the City of San Marcos may add such area into the Zone, If the Developer <br />owns such area, the Developer may itself provide this consent. <br /> <br />Upon receipt of all such consents from the Developer, the City agrees to proceed diligently to <br />annex to the city the portion of the Eastern Project Segment that is currently outside the city <br />limits, and to add to the Zone the Eastern Project Segment. <br /> <br />If the Developer fails to provide all of the consents described in (A), (B), (C) and (D) above by <br />December 31, 2006 (subject to extension by mutual written consent of the Parties), the Parties <br />understand and agree that the City shall not be obligated to approve or file for record any <br />subdivision plats for any of the Developer's property in the Zone unless and until the Developer <br />provides all such consents to the City, <br /> <br />Section 3,03 Additional Proiects, This Agreement does not apply to any projects not <br />specifically defined herein; provided, however, that this Agreement may be amended in writing <br />and signed by the Zone, the City and the Developer, to provide for (1) the cancellation of <br />activities currently included in the Project and (2) the installation and construction of additional <br />projects and/or to provide for additional methods of financing costs of the Project, if additional <br />projects and/or alternative financlng options are determined by the Parties to be in their mutual <br />best interests. <br /> <br />Section 3,04 Acceptance ofProiect. <br /> <br />(A) Promptly upon the completion of construction of the Project, the <br />Developer may submit a written request to the City for a Letter of Acceptance certifying the <br />City's acceptance of the Project. The Letter of Acceptance shall be in a recordable form, and <br />shall be a conclusive determination of satisfaction with respect to the Project. Upon receipt of <br />such a request from the Developer, the City shall have 30 days to provide a Letter of Acceptance <br />or a written statement indicating in detail why the certificate cannot be issued, and what <br />measures or acts will be necessary for the Developer to take or perform, in the reasonable <br />opinion of the City, to obtain issuance of such Letter of Acceptance. The Developer will follow <br /> <br />-6- <br />
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