R-89-1339 - 9/20/1989WHEREAS, on May 11, 1989, the Round Rock City Council entered in
an Agreement with Franklin Capital Corporation (Franklin) regarding
the proposed golf course, and
WHEREAS, said Agreement provided for the parties to enter into
more comprehensive agreements as the details of the proposed golf
course were worked out, and
WHEREAS, the City and Franklin now wish to enter into a Land Use
Agreement, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Mayor is hereby authorized and directed to execute on
behalf of the City a Land Use Agreement with Franklin, a copy of said
Agreement being attached hereto and incorporated herein for all
purposes.
RESOLVED this 20th day of September, 1989.
ATTEST:
NE LAND, City Secretary
C- RS09149E
RESOLUTION NO. 1339 Z.-
MIKE ROBINSON, Mayor
City of Round Rock, Texas
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DATE: September 18, 1989
SUBJECT: Council Agenda, September 20, 1989
ITEM: 4C. Consider a resolution approving the Land Use
Agreement for the Franklin Tract.
STAFF
RESOURCE PERSON: Bob Bennett
STAFF
RECOMMENDATION: Approval
THIS RESOLUTION APPROVES THE ATTACHED LAND USE AGREEMENT BETWEEN
THE CITY AND FRANKLIN CAPITAL CORPORATION. THIS AGREEMENT I5
PROVIDED TO ESTABLISH VARIOUS TERMS AND CONDITIONS OF
DEVELOPMENT AND USE FOR THE 170 + ACRES BEING CONVEYED TO THE
CITY FOR THE CONSTRUCTION OF THE GOLF COURSE.