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R2000-021 02-14-00RESOLUTION NO. R2000-21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, AUTHORIZING NEGOTIATION OF A DEVELOPMENT AGREEMENT RELATING TO THE DEVELOPMENT OF CERTAIN LAND IN THE CITY'S EXTRATERRITORIAL JURISDICTION, DESCRIBING CERTAIN TERMS THEREOF; AND RELATED MATTERS. WHEREAS, the City of Pearland (the "City") may consent to the creation of municipal utility districts within its extraterritorial jurisdiction, subject to the terms of TEX. WATER CODE, §54.016, including terms under which the district will continue to exist during the term of the agreement; and WHEREAS, the City wishes to negotiate a development agreement with the purchaser (the "Developer") of certain property in the approximate amount of 1100 acres located in the vicinity of Highway 6 and FM 521 (the "Property"), within the City's extraterritorial jurisdiction, relating to the development of such land, and providing for terms of an agreement in connection with the Developer's request for the City's consent to the creation of Brazoria County Municipal Utility District No. 21 and No. 22 (the "Districts") on such property; and WHEREAS, the City is willing to negotiate the provisions of an agreement for the development of the Property, and for the consent by the City to the creation of the Districts; and WHEREAS, the Developer has not purchased the land in the proposed Districts and neither the Developer nor the owner of the Property have filed a petition for the City's consent to the creation of the Districts; now, therefore, RESOLUTION NO. R2000-21 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: The facts recited in the preamble above are hereby found to be true Section 1. and correct. Section 2. The City Manager and staff are hereby authorized to negotiate the definitive terms of the development agreement with the representatives of the Developers. Section 3. It is hereby found, determined and declared that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code, and that this meeting has been open to the public as required by law at all times during which this Resolution and the subject matter thereof has been discussed, considered and formally acted upon. City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. Effective Date. This Resolution shall become effective immediately Section 4. upon its passage. PASSED AND APPROVED on this the A.D., 2000. 14th day of February TOM REID MAYOR 2 RESOLUTION NO. R2000-21 ATTEST: APPROVED AS TO FORM: S F:~:,,RETARY DARRIN M. COKER CITY ATTORNEY 3