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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 -14-03(A): COTTON CENTER, FOR APPROXIMATELY 2,358 <br />ACRES MORE OR LESS OUT OF THE WILLIAM PETUS SURVEY, <br />ABSTRACT NO. 21 AND THE THOMAS MAXWELL SURVEY, <br />ABSTRACT NO. 188 AND THE THOMAS YATES DURVEY, ABSTRACT <br />NO. 313, GENERALLY LOCATED BETWEEN THE FM 1966 AND SH 80 <br />AND THE SAM MARCOS REGIONAL AIRPORT AND SH 142; <br />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 />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 />--�)Jane Hughson <br />Mayor <br />Attest: <br />.w <br />El"'ethevino <br />City Clerk <br />