HomeMy WebLinkAboutRes 2015-07-05 Q Seminole Estoppel Certificate.pdfCITY OF ANNA, TEXAS
RESOLUTION NO. 2015-07-05
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA APPROVING AN ESTOPPEL
CERTIFICATE FOR Q SEMINOLE ANNA TOWN CENTER, L.P. RELATED TO AN INCENTIVE
AGREEMENT FOR NEW ECONOMIC DEVELOPMENT WITH Q SEMINOLE ANNA TOWN CENTER,
L.P., THE ANNA ECONOMIC DEVELOPMENT CORPORATION, AND THE ANNA COMMUNITY
DEVELOPMENT CORPORATION
WHEREAS, the City of Anna City Council has received a request to issue an Estoppel Certificate
from Q Seminole Anna Town Center, L.P. who has represented that it will create and retain a
significant number of new jobs and that will result in new capital investment, all within the
corporate limits of the City; and
WHEREAS, the City of Anna City Council desires to issue the Estoppel Certificate to satisfy Q
Seminole Anna Town Center, L.P Lender's request to certify certain matters contained in the
Incentive Agreement further detailed in EXHIBIT A attached.
NOW THEREFORE, BE IT RESOLVED BY THE CITY OF ANNA CITY COUNCIL:
Section 1. Recitals Incorporated.
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Authority for Project, Agreement, and Expenditure
The City of Anna City Council approves the Estoppel Certificate for QSeminole Anna Town Center,
L.P., attached hereto as EXHIBIT A, incorporated herein for all purposes, and authorizes the
Mayor to execute same on its behalf.
PASSED AND APPROVED by the City Council of the City of Anna this 21St day of July, 2015.
APPROVED/ ATTEST:
Mike Crist, Mirenda McQuagge-Walden,
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Mayor �;',: f Acting City Secretary
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CITY OF ANNA ROLUTION NO. 2015-07-05 PAGE 10F 1
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