2018-5153 - 1/25/2018 RESOLUTION NO.2018-5153
WHEREAS, the Round Rock Transportation and Economic Development Corporation, (the
"TED Corp.") has previously entered into the Economic Development Program Agreement (the
"Agreement") dated December 15, 2016 with the City of Round Rock, KR Acquisitions, and KR CC,
Inc., and
WHEREAS, the Agreement provides, among other things, for the construction of Onsite
Public Improvements,as defined therein, with a project cost not to exceed $15,000,000, and
WHEREAS, the Board of Directors wish to approve the design and construction of the Onsite
Public Improvements as an approved project pursuant to Chapter 501, Texas Local Government Code;
Now Therefore
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK
TRANSPORTATION AND ECONOMIC DEVELOPMENT CORPORATION,
That the Onsite Public Improvements, as defined in the Agreement are hereby approved as a
project pursuant to Chapter 501,Texas Local Government Code.
The Board of Directors hereby finds and declares that written notice of the date, hour,place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and fomrally acted upon, all as required by the Open Meetings Act,
Chapter 551,Texas Government Code, as amended.
RESOLVED this 25th day of January, 2018.
By: yup
I m , its wfreg
Round Work Tra s ortation and Economic
Development Corporation
ATTES
Secretary
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