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<br />145 <br /> <br />RESOLUTION 1994- 54 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND <br />CONDITIONS OF AN AGREEMENT BETWEEN THE CITY, <br />TETCO, INC. AND SAN MARCOS CONSOLIDATED <br />INDEPENDENT SCHOOL DISTRICT FOR COST SHARING <br />FOR UTILITY IMPROVEMENTS; AUTHORIZING THE CITY <br />MANAGER TO EXECUTE THE AGREEMENT ON BEHALF OF <br />THE CITY; AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS <br /> <br />1. San Marcos Consolidated Independent School District <br />(SMCISD) and TETCO, Inc. (TETCO) are in the process of subdividing <br />and developing tracts of property along Hunter Road in the southern <br />portion of the City, and are obligated to extend city water and <br />wastewater facilities to serve the properties. <br /> <br />2. The city, SMCISD and TETCO have reached an agreement <br />under which the water and wastewater facility extensions will be <br />upgraded at the City's request, with the costs to be shared among <br />the three parties. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY{OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. That the terms and conditions of the Agreement <br />attached to this Resolution between the city, TETCO and SMCISD for <br />cost sharing for utility improvements are approved. <br /> <br />PART 2. That the City Manager, Larry D. Gilley, is authorized <br />to execute this Agreement on behalf of the city. <br /> <br />PART 3. That this Resolution is in full force and effect <br />immediately upon its passage. <br /> <br />ADOPTED this 28th day of <br /> <br />March <br /> <br />, 1994. <br /> <br />?l:k~~lt~) <br /> <br />city Secretary <br /> <br />kt,a?t--[,~) <br /> <br />Bill Plummer <br />Mayor Pro-Tern <br />