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HomeMy WebLinkAboutOrdinances (O-04-1499)-01/04/2004 ORDINANCE 0-04-1499 AN ORDINANCE APPROVING THE DEVELOPER PARTICIPATION IN CONTRACT FOR PUBLIC IMPROVEMENTS BETWEEN BROADLAND LIMITED PARTNERSHIP AND THE CITY OF COLLEYVILLE, TEXAS FOR THE WHITTIER HEIGHTS ADDITIONS WHEREAS, Broadland Limited Partnership, (Developer) shall construct public improvements and the City of Colleyville, Texas shall participate in the cost as determined by municipal ordinance under Subchapter C. Developers Participation in Contract for Public Improvements, Local Government Code, State of Texas; and WHEREAS, The City of Colleyville and Developer hereby entered into a City Developer Agreement/Contract for the Whittier Heights Additions, which specifies certain construction costs that the City has agreed to participate in with the Developer. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the Developer shall construct the improvements and the City shall participate in their cost. Sec. 2. THAT the City's total cost participation (not to exceed $15,000.00) does not exceed thirty percent (30%) of the total contract price, Sec. 3. THAT all of the Developer's books and other records related to the project shall be available for inspection by the City. AND IT IS SO ORDERED. e first reading and public hearing being conducted on the $.$!:" day of 2004. public hearing being conducted on the ~ ~ day of ATTEST: Cynthia Singleton, TRMC City Secretary ~ Ordinance 0-04-1499 Page 2 of 2 APPROVED AS TO FORM AND LEGALITY: Ross T. Foster City Attorney