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Res 2023-020/approving a first amended and restated Development Agreement with Franklin Mountain San Marcos 1, LP, in connection with the Development Case No. PDA-22-07; SMART Terminal, for approximately 2,017
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Res 2023-020/approving a first amended and restated Development Agreement with Franklin Mountain San Marcos 1, LP, in connection with the Development Case No. PDA-22-07; SMART Terminal, for approximately 2,017
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2/21/2023 4:34:42 PM
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Resolutions
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Approving
Number
2023-020
Date
1/17/2023
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RESOLUTION NO. 2023-20 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING A FIRST AMENDED AND RESTATED <br /> DEVELOPMENT AGREEMENT WITH FRANKLIN MOUNTAIN SAN <br /> MARCOS 1, LP, IN CONNECTION WITH THE DEVELOPMENT CASE <br /> NO. PDA-22-07: SMART TERMINAL, FOR APPROXIMATELY 2,017 <br /> ACRES MORE OR LESS OUT OF THE WILLIAM PETUS SURVEY, <br /> ABSTRACT NO. 21 AND THE THOMAS MAXWELL SURVEY NO. 17, <br /> ABSTRACT NO. 188, GENERALLY LOCATED BETWEEN SH 80 AND <br /> THE UNION PACIFIC RAILROAD, AND BETWEEN FUTURE FM 110 <br /> AND SH 142;AUTHORIZING THE CITY MANAGER TO EXECUTE THE <br /> AGREEMENT ON BEHALF OF THE CITY; AND PROVIDING AN <br /> EFFECTIVE DATE <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The First Amended and Restated Development Agreement attached hereto <br /> is approved. <br /> PART 2. The City Manager is hereby authorized to execute the First Amended and <br /> Restated Development Agreement on behalf of the City. <br /> PART 3. This resolution shall be in full force and effect from and after its passage. <br /> ADOPTED on January 17, 2023. <br /> ane Hughson. <br /> Mayor <br /> Attest: <br /> Elizabeth Trevino <br /> City Clerk <br />
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