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<br />I <br /> <br />I <br /> <br />I <br /> <br />RESOLUTION NO. 2007- 89 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 UTILITY REIMBURSEMENT AGREEMENT <br />BETWEEN THE CITY AND CENTER POINT DEVELOPMENT, <br />LLC RELATED TO THE CENTERPOINT COURT SUBDNISION; <br />AUTHORIZING THE CITY MANAGER TO EXECUTE THE <br />AGREEMENT ON BEHALF OF THE CITY; AND DECLARING <br />AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The City desires to participate in the installation of waste water system improvements to <br />be constructed to serve the Centerpoint Court Subdivision, in accordance with the requirements of <br />Section 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 />Center Point Development, LLC, for an oversize reimbursement agreement in an amount not to <br />exceed $65,000.00. <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 Center Point Development, LLC for the installation of waste water system <br />improvements to be constructed to serve the Centerpoint Court 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 />PART 3. This Resolution shall become effective immediately from and after its passage. <br /> <br />ADOPTED on the 15th day of May 2007. <br /> <br />~Vl~ <br /> <br />Mayor <br /> <br />Att~t: ,'-. . / I' <br />/~-,/'.. I I V r <br />,::..,;::,:~ .~~\ (f.~; ,.;.(.j ::-.)\.....~~_-J.~)~tLL-L i>7) <br />~~ '.c- .>_ '.-< ~. fl.- if . <br />".-- - f.....) .. <br />"-S- ell y Go~~.inl <br />Interim City Clerk <br />