HomeMy WebLinkAboutCity Council Resolutions (R-92-851)-12/31/1992
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RESOLUTION NO. R-92-851
the Resolution Trust Corporation ("RTC") has filed
suit against the City of Colleyville challenging
the zoning on a tract of land known as the Harwood
Homes Addition: and
WHEREAS, the metes and bounds description of the Harwood
Homes Addition is attached to this Resolution as
Exhibit "A": and
WHEREAS, the City and the RTC have entered into
negotiations for the purpose of settling and
resolving the aforesaid suit; and
WHEREAS,
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the parties to the suit have agreed to resolve the
aforesaid litigation by entering into an Agreed
Judgment pursuant to which the zoning of the
Harwood Homes Addition is changed from R-20 to
R-MF/SUP; and
WHEREAS, in addition to changing the zoning as aforesaid,
the site plan, restrictive covenants, development
plans and other documents attached to this
Resolution as Exhibit liB", and incorporated herein
for all purposes, have been and are included as
part of the zoning of the aforesaid property as
allowed by the Zoning Ordinance of the City of
Colleyville; and
WHEREAS.,
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the City Council, as part of the Settlement
Agreement, has agreed that so long as the property
is developed in accordance with the zoning,
together with the attached documents, as set out
above, the City will not require the developer to
pay for or improve any off-site drainage
facilities in the Saddlebrook Subdivision: and
the City Council
Agreement as set
Mayor to execute
thereto.
wishes to approve the Settlement
out herein and authorize the
any and all documents relating
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COLLEYVILLE, TEXAS:
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Sec. 1:
That the Settlement Agreement between the RTC and
the City of Colleyville as set out in the recitals
contained in this Resolution is hereby approved
and the Mayor is authorized to execute any and all
documents necessary to conclude litigation between
the parties and effect the Settlement Agreement as
approved herein.
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i, AND IT IS SO RESOLVE,D.
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Passed by a vote of
of
to
, 1992.
on this
NO ACTION TAKEN
day
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ATTEST:
CITY OF COL
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I Jean Harris Richard
12 i City Secreta
Ii APPROVED AS /
13 o LEGAL FORM: /
14 Ross
. City
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