HomeMy WebLinkAboutResolution No. 00-11 ORIGINAL
CITY OF THE COLONY, TEXAS
RESOLUTION NO. O0 - ] /
A RESOLUTION OF THE CITY OF THE COLONY, TEXAS,
AUTHORIZING THE CITY MANAGER TO EXECUTE A DEVELOPER'S
AGREEMENT BETWEEN THE CITY AND LEGEND PARTNERS LTD.;
PROVIDING AN EFFECTIVE DATE.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF THE COLONY, TEXAS:
Section 1. That the City Manager of the City of The Colony is hereby authorized to
execute a Developer's Agreement with Legend Partners Ltd. providing for the City to reimburse the
developer for specified construction costs for water lines and roadway improvements west of Paige
Road.
Section 2. That a true and correct copy of the Developer's Agreement is attached hereto
and incorporated herein.
Section 3. That this resolution shall take effect immediately from and after its passage.
,:~a PASSED AND APPROVED by the City Council of the City of The Colony, Texas this
y of February ,2000.
William W. Manning, Ma~or - - ~
ATTEST:
.....Pi; "i;'-..c....~O,,-,City Secretary