HomeMy WebLinkAboutRes 2011-08-13 Termination of Economic Development Agreement with Bloomfield Properties, Inc.CITY OF ANNA, TEXAS
RESOLUTION NO. 2011-08-13
A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING AN AGREEMENT
TERMINATING ECONOMIC DEVELOPMENT AGREEMENT WITH BLOOMFIELD
PROPERTIES, INC.
WHEREAS, the City of Anna, Texas (the "City") and Bloomfield Properties Inc.
("Grantee") mutually desire to terminate an Economic Development Agreement entered
into on September 29,2010 (the "Agreement"); and
WHEREAS, the City Council of the City of Anna, Texas finds that approval of the
Agreement Terminating Economic Development Agreement (the liTermination
Agreement") is in the best interest of the citizens of Anna;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ANNA, TEXAS THAT:
Section 1. Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Approval of Termination Agreement
The City of Anna City Council hereby approves the Termination Agreement, attached
hereto as EXHIBIT 1, incorporated herein for all purposes and authorizes the City
Manager to execute same on its behalf.
PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 23 rd
day of August, 2011.
ATTEST:
Res. 2011-08-13 Termination PAGE10F1 08-23-2011
of Bloomfield E.D. agreement