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<br /> 123 <br /> RESOLUTION 1995- 81 R <br /> A RESOLUTION OF THE CITY COUNCil OF THE CITY OF <br /> SAN MARCOS, TEXAS, APPROVING THE TERMS AND <br /> CONDITIONS OF A RELEASE REGARDING THE SAN <br /> MARCOS JOINT VENTURE V. CITY OF SAN MARCOS <br /> LAWSUIT; AND DECLARING AN EFFECTIVE DATE. <br /> RECITALS: <br /> 1. The San Marcos Joint Venture (SMJV) filed suit against the City in 1988 alleging <br /> claims for damages related to the City's building permit moratoriums enacted in 1984 and <br /> SMJVs reservation of interim wastewater treatment capacity. <br /> 2. The City has consistently denied any liability to SMJV, but has agreed to settle the <br /> claims under the terms contained in the attached document titled "Release of All Claims". <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. That the terms and conditions of the Release of All Claims attached to this <br /> Resolution regarding the SMJV v. City of San Marcos lawsuit are aþproved. <br /> PART 2. That this Resolution shall be in full force and effect immediately upon its <br /> passage. " <br /> ADOPTED this 24 day of April ,1995. <br /> ~rifV\ . ~ <br /> Attest: < Mayor <br /> e>Ç W/~~M,J <br /> Jahis K. Womack <br /> City Secretary <br /> , <br />