HomeMy WebLinkAboutCity Council Resolutions (R-94-1071)-12/06/1994
RESOLUTION R-94-1071
A RESOLUTION AUTHORIZING THE MAYOR TO ENTER INTO A SETTLEMENT
AGREEMENT WITH NORTHEAST PROPERTIES, INC.
WHEREAS, there is currently pending a suit styled Northeast Properties, Inc. versus the
City of Colleyville in the 67th District Court of Tarrant County, Texas bearing
cause No. 67-119963-89, wherein the imposition of impact fees by the City
of Colleyville has been challenged; and
WHEREAS, the City has previously settled a similar lawsuit with the Builders Association
of Fort Worth and Tarrant County; and
WHEREAS, the parties to the pending suit have negotiated a settlement which is a fair
and equitable resolution of the dispute,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS, THAT:
Sec. 1.
The sum of $10,800 is authorized as payment to Northeast Properties, Inc.,
representing $900 per building lot.
Sec. 2.
The Mayor is authorized to enter into a settlement agreement on behalf of
the City approved as to legal form by the City Attorney.
AND IT IS SO RESOLVED.
Passed by a vote of ,I-) ayes and 0
{p~ day of D-!-L~ if'
nays and 0
,1994.
abstentions on this the
ATTEST:
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City Secretary
CITY OF COLLEYVILLE:
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Cheryl i~, , .'
Mayor
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