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194. <br /> <br />RESOLUTION NO. 2003- 63 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING AN ASSIGNMENT OF <br />THE DEVELOPMENT INCENTIVE AGREEMENT BETWEEN <br />THE CITY AND DOUBLE EAGLE VENTURES, INC., FOR THE <br />CONWAY ADDITION SECTION 4 DEVELOPMENT, TO JTR <br />LAND ENTERPRISES, INC.; AND DECLARING AN EFFECTIVE <br />DATE. <br /> <br />RECITALS: <br /> <br /> l. 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. JTR Land Enterprises, Inc. has requested approval of an assignment of the Agreement <br />in connection with his purchase of 18 lots 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 assignment of the Agreement from Double Eagle Ventures, Inc. to <br />JTR Land Enterprises, Inc. is approved. <br /> <br />PART 2. This Resolution is in full force and effect immediately from m~d after its adoption. <br /> <br />ADOPTEDon April 14, 2003 <br /> <br />Attsst: <br /> <br />Janis K. Woma~k <br />City Clerk <br /> <br />Robert Habingreither <br />Mayor <br /> <br /> <br />