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RESOLUTION NO. 2017-119R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS APPROVING A THIRD ADDENDUM TO <br />THE CHAPTER 380 ECONOMIC DEVELOPMENT INCENTIVE <br />AGREEMENT WITH HUMPTY DUMPTY SSM, LTD. IN <br />CONNECTION WITH THE REDEVELOPMENT OF <br />SPRINGTOWN SHOPPING CENTER WHICH AMENDS THE <br />AGREEMENT BY PROVIDING WAIVERS OF CERTAIN <br />EXTERIOR BUILDING MATERIAL AND DESIGN STANDARDS <br />FOR THE VERTICAL MIXED USE (VMU) PORTION OF THE <br />DEVELOPMENT AND ALLOWING CERTAIN DEVELOPMENT <br />WAIVERS TO EXTEND BEYOND THE TERM OF THE <br />AGREEMENT; AUTHORIZING THE INTERIM CITY MANAGER <br />TO EXECUTE THE THIRD ADDENDUM; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br />PART 1. The attached Third Addendum to Chapter 380 Economic Development <br />Incentive Agreement with Humpty Dumpty SSM, Ltd. (the "Third Addendum") is hereby <br />approved. <br />PART 2. The Interim City Manager is authorized to execute the Third Addendum <br />on behalf of the City. <br />PART 3. This resolution shall be in full force and effect from and after its <br />passage. <br />ADOPTED on August 1, 2017. <br />k- <br />(: <br />John Thomaides <br />Mayor <br />