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03-11-21-3.9 - Resolution - 03/11/2021 RESOLUTION NO. 03-11-21-3.9 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, GRANTING CONSENT TO THE ANNEXATION OF APPROXIMATELY THIRTY-THREE ACRES OF LAND INTO ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 LOCATED WITHIN THE CITY. WHEREAS, special act codified in Chapter 3909, Texas Special District Local Laws Code and approved by the City of College Station as set forth in Resolution No. 07-09-15-02 on or about July 9, 2015; and WHEREAS, College Station Downtown Residential, LLC, as sole owner of approximately 33.342 acres of land herein as s filed a petition requesting consent to annexation into the District including an estimated amount of Four Million Two Hundred Thirty Five Hundred Thousand Dollars and No Cents ($4,235,000.00) of bonded indebtedness to be issued by the District as improvements contemplated within the Land . A copy of the Petition is attached hereto as ; and WHEREAS, pursuant to Sect. 3909.110 and 3909.111 Texas Special District Laws Code and Subchapter J, Chapter 49 Texas Water Code the District must obtain City approval for the annexation of Land and subsequent issuance of bonded indebtedness; and WHEREAS, the City Council of the City now desires to grant such approval as set forth in this Resolution; now therefore BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That the facts and recitations set forth in the preamble of this Resolution are declared true and correct. PART 2: That the City Council of the City herein grants consent to the annexation of the Land into the District as set forth in this Resolution. PART 3: That the terms and conditions upon which the City consents to the annexation of the Land into the District is as follows: a. District complies with the terms and conditions set forth in City Resolution No. 07-09-15-02 adopted on or about July 9, 2015, as amended; and b. certain Infrastructure and Economic Development Agreement entered RESOLUTION NO. 03-11-21-3.9 Page 2 of 16 into between the City and the District on or about July 9, 2015; and the District takes any and all steps reasonably necessary to ensure this. PART 4: That the consent in this Resolution is conditioned upon compliance with the above- referenced terms and conditions and serves as authorization for the District to annex the Land as provided herein and in accordance with applicable law. PASSED, ADOPTED and APPROVED this 11th day of March, 2021. ATTEST: APPROVED: _____________________________ _____________________________ City Secretary Mayor APPROVED AS TO FORM: _______________________________ City Attorney RESOLUTION NO. 03-11-21-3.9 Page 3 of 16 RESOLUTION NO. 03-11-21-3.9 Page 4 of 16 RESOLUTION NO. 03-11-21-3.9 Page 5 of 16 RESOLUTION NO. 03-11-21-3.9 Page 6 of 16 RESOLUTION NO. 03-11-21-3.9 Page 7 of 16 RESOLUTION NO. 03-11-21-3.9 Page 8 of 16 RESOLUTION NO. 03-11-21-3.9 Page 9 of 16 RESOLUTION NO. 03-11-21-3.9 Page 10 of 16 RESOLUTION NO. 03-11-21-3.9 Page 11 of 16 RESOLUTION NO. 03-11-21-3.9 Page 12 of 16 RESOLUTION NO. 03-11-21-3.9 Page 13 of 16 RESOLUTION NO. 03-11-21-3.9 Page 14 of 16 RESOLUTION NO. 03-11-21-3.9 Page 15 of 16 RESOLUTION NO. 03-11-21-3.9 Page 16 of 16