HomeMy WebLinkAboutRES 910445 - Water/Wastewater IH-35 ExtMESOLUTION NO. 110
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WHEREAS, on April 27, 1990 the City of Georgetown and Rabbit Hill Road Joi
Venture entered into agreement for financing the utility line extension; I
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WHEREAS, the City wishes to release the Resolution Trust Corporation from any lien
filed against this property for payment of the utility lines,
WHEREAS, the Resolution Trust Corporation agrees to inform any potential buyer of the
Lien against this property by the City of Georgetown for payment prior to any closing;
WHEREAS, the City Council has found that this action implements Utility/Energy Polirm
5 of the Century Plan - Policy Plan Element, which states: "The City will provide wate
wastewater, electricity, and solid waste collection services which meet the immediate and futu
needs of all citizens and which encourages and provides for economic development."; and 11
WHEREAS, the City Council has found that this action is not inconsistent or in conflict
with any other Century Plan Policies, as required by Section 2.03 of the Administrative Chapter
of the Policy Plan;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, TEXAS, THAT:
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The facts and recitations contained in the preamble of this resolution are hereby found and
declared to be true and correct, and are incorporated by reference herein and expressly made a
part hereof, as if copied verbatim.
RTC Resolution No. —M—Ilvs
Page 1 of 3
The Mayor is hereby authorized to execute, and the City Secretary to attest thereto an
gmendment to the contract with Rabbit Hill Road • Venture on behalf • the City of
Georgetown.
ATTEST:
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Eh1 eih Gray
City Secretary
APPROVED AS TO FORM:
Marianne Landers Banks
City Attorney
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G RGETOWN:
By- H. CONNO
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