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HomeMy WebLinkAboutRes 2010-04-10 PID Agreement for Urban Crossing.pdfCITY OF ANNA, TEXAS RESOLUTION NO. 2010..04-10 RESOLUTION REGARDING THE APPROVAL OF AND AUTHORITY TO EXECUTE PID AGREEMENT FOR URBAN CROSSING PUBLIC IMPROVEMENT DISTRICT WHEREAS, The Urban Crossing Subdivision is located on CR 368; and, WHEREAS, There is an approximately 800 foot section of this road just prior to the entrance into Urban Crossing that is not paved; and, WHEREAS, The City of Anna, Texas (the City) and the owner believe that the market appeal of the subdivision will be enhanced if this section of roadway is paved; and, WHEREAS, the Owner has requested that the City Council create a Public Improvement District encompassing the owner's property and an adjoining street segment, in accordance with Texas Local Government Code Chapter 372; and, WHEREAS, the City Council finds that creating the requested Public Improvement District would be in the best interests of the City and its citizens; 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. The City Council hereby approves and authorizes the City Manager to execute and sign the Urban Crossing Public Improvement District Agreement attached hereto as Exhibit 1. PASSED by the City Council of the City of Anna, Texas, on this 27th day of April, 2010. ATTEST: Res. 2010-04-10 PIO Agreement Urban Crossing.doc PAGE 1 OF 1