HomeMy WebLinkAboutRES 900234 - Extend Water/Wastewater LinesRESOLUTION N0, 9! l
A RESOLUTION AUTHORIZING THE MAYOR PRO -TEM TO SIGN A
CONTRACTUAL AGREEMENT BETWEEN THE CITY OF GEORGETOWN
AND GEORGETOWN RAILROAD COMPANY FOR THE EXTENSION OF
WATER AND WASTEWATER LINES ALONG THE SOUTH INTERSTATE
HIGHWAY 35 CORRIDOR,
WHEREAS; the City of Georgetown has obtained a grant through
the Texas Capital Fund for the extension of water and wastewater
lines to Advanced Custom Molders, Inc,; and
WHEREAS, the City desires to construct the lines of
sufficient size to allow development within the drainage basin;
and
WHEREAS, the City must look to property owners within the
drainage basin to assist in the financing of the utility line
extension; and
WHEREAS; the City isableto offer guaranteed capacity for
participation in the financing; and
WHEREAS; Georgetown Railroad Company owns land within the
drainage basin, and is interested in participating in the
financial costs of extending the utility lines,
NOW, THEREFORE; BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, TEXAS, THAT:
Section I, The City Council adopts the recitals set forth above
as true and correct and adopted herein verbatim as if fully set
forth at length,
Section II, The City Council authorizes the Mayor Pro -Tem to
execute and the City Secretary to attest the contract as
attached, between the City of Georgetown and Georgetown Railroad
Company:
PASSED, APPROVED AND ADOPTED ON THIS THE 24TH"DAY "OF APRIL, 1990,
Mike McMaster, Mayor Pro -Tem
ATTEST:
Elizabeth G, Gray
City Secretary