HomeMy WebLinkAboutCity Council Resolutions (R-88-351)-02/08/1988
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RESOLUTION R-88-351
A RESOLUTION MODIFYING THE ADJUSTMENT TO THE
MAJOR THOROUGHFARE SYSTEM CAPITAL IMPROVEMENT FEE
WHEREAS, Chapter 9, Section 11 paragraph D provides for an Alteration
of Adjustment Procedure governing Thoroughfare System Capital
Improvement Fees, and
WHEREAS, the Vi 11 age Park Pl at was approved November 25, 1985, before
the adoption of this section of the City Code, and
WHEREAS, the development of this land calls for the collection of
thoroughfare system capital improvement fees with the issuance
of a building permit, and
WHEREAS, the ultimate impact of the development was not known when the
City accepted the streets and is yet to be determined,
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1. THAT application for adjustment of the master thoroughfare capital
improvement fee requirement to file with the City Secretary
within twenty (20) days of the date the City accepts the required
streets or the City approves the plat of the owners subdivision,
whichever occurs later is hereby waived.
Sec. 2. THAT the City will credit to the owner, or the owner's successors
or assigns the value of the costs which the City would not
bear in completing the City's master thoroughfare system plan.
Such credit will be applied to building permittees from the
Village Park subdivision on a first come first serve basis until
all credit due is exhausted.
AND IT IS SO RESOLVED.
Passed by a vote of
on the 8th day of February, 1988.
to
CITY OF COLLEYVILLE
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Buck Hubbard, Mayor
ATTEST:
LaVada Johnson
23 City Secretary
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