R-2024-210 - 8/22/2024 RESOLUTION NO. R-2024-210
WHEREAS, pursuant to Sec. 505.152 of the Texas Local Government Code (the "Code,") one
of the purposes of the Round Rock Transportation and Economic Development Corporation
("TEDCO") is to approve and fund the construction and improvement of projects related to ". . . land,
buildings, equipment, facilities . . .required or suitable for use for professional and amateur sports,
including children's sports . . . and public park purposes"; and
WHEREAS, the City of Round Rock ("City") has proposed a project to construct several
major additions and improvements to the Old Settlers Park(the "OSP Project"); and
WHEREAS, the OSP Project includes (i) the relocation and reconstruction of the Apex Fields
used for soccer, cricket, football, and other sports, and (ii) the construction of new track and field
facilities adjacent to the recreation center complex, (the "TEDCO Portion") ; and
WHEREAS, TEDCO has adopted a resolution determining that the TEDCO Portion of the
OSP Project meets the requirements of Sec. 505.152,Texas Local Government Code (the"Code"); and
WHEREAS, the TEDCO Board of Directors wishes to contribute up to the sum of
$15,000,000.00 for the TEDCO Portion; Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the City Council hereby approves the determination by TEDCO that the TEDCO Portion
of the OSP Project is a"project" that meets the requirements of Sec. 505.152 of the Code; and
BE IT FURTHER RESOLVED,
That TEDCO will contribute up to the sum of$15,000,000.00 for the TEDCO Portion.
The City Council 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 formally acted upon, all as required by the Open Meetings Act,
Chapter 551,Texas Government Code, as amended.
0112.20242;4875-3953-6087
RESOLVED this 22nd day of August, 2024.
11, 41
CRAIG ORG ,Mayor
City of Round ock, Texas
ATTEST:
MEAGAN S KS, ity Clerk
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