HomeMy WebLinkAboutResolution No. 85-15 CITY OF THE COLONY
RESOLUTION NO. ~fr~
A RESOLUTION RECOMMENDING AND URGING THE
CITY AND THE COLONY MUNICIPAL UTILITY
DISTRICT NUMBER ONE (THE DISTRICT) TO HAVE
DRAFTED, REVIEWED AND EXECUTED A DEFINITIVE
AGREEMENT RELATIVE TO THE SUBJECT OF CON-
SOLIDATION OF THE DISTRICT AND THE CITY ON
OR BEFORE DECEMBER 1, 1985.
WHEREAS, the City of The Colony, Texas (the City) and The
Colony Municipal Utility District Number One (the District) have been
reviewing all legal, economic and other considerations relative to the
consolidation of the District and the City for the past year; and,
WHEREAS, both the District and the City have expressed a
desire and intent to establish a procedure for the orderly consolidation
of the two entities under existing law; and,
WHEREAS, The City Manager and City Attorney for the City
met with the attorney for the District on both August 1, 1985 and
August 30, 1985, with the August 1, 1985 meeting being also attended
by the District's General Manager, to review procedures and an orderly
timetable for consolidation; and,
WHEREAS, the City believes that the parties should draft
a definitive agreement that addresses all substantial and legal require-
ments that must be included in such an a~reeme~t in order to effectuate
a consolidation and that such an ~freem~nt be drafted, reviewed and
executed on or before December 1, 1985,
NOW, THEREFORE BE IT RESOLVED by the City Council
of the City of The Colony:
Section 1. That all matters in the preaAble are true and correct
and are incorporated therein as if copied in their entirety.
Section 2. That the City Council does find that it would be in
the best interest of all the citizens of the City of The Colony, for the
City and the District to have drafted and then reviewed for execution
on or before December 1, 1985, a definitive agreement between the City
and the District calling for consolidation of the two (2) entities in an
orderly and legal manner. The contract shall call for the cons°lidation to
take place on a date certain that is the earliest and most reasonable date
that could be used and that would allow the consolidation in an orderly,
reasonable and valid manner.
Section 3. That this resolution shall take effect from and
after it's passage.
PASSED AND APPROVED this /~day of~~-~' 1985.