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HomeMy WebLinkAboutCity Council Resolutions (R-22-4726)-05/03/2022RESOLUTION R-22-4726 A RESOLUTION APPROVING A CITY/DEVELOPER AGREEMENT BETWEEN THE CITY OF COLLEYVILLE AND TOLL DALLAS TX, LLC, IN CONNECTION WITH THE PROPOSED DEVELOPMENT OF THE OLD GROVE ADDITION, PHASE II, BEING LOTS 1 AND 2, BLOCK 1, NEIDHOLT ADDITION, AND LOT 2X, BLOCK E, OLD GROVE ADDITION, LOCATED AT 103 JOHN MCCAIN ROAD, 105 JOHN MCCAIN ROAD, AND 7189 CAST IRON FOREST TRAIL; AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT WHEREAS, Toll Dallas TX, LLC ("Developer"), in connection with the proposed development of the Old Grove Addition, Phase II (the 'Development"), is requesting a City/Developer agreement providing for certain covenants from Developer, including a monetary contribution for the improvement of certain drainage facilities adjacent to the development in consideration for the City's abandonment of an existing public access easement (the "Easement") to allow for the creation of larger residential lots and open space within the Development; and WHEREAS, the City Council finds that the Easement is presently unimproved and that abandoning the Easement to allow for larger residential lots and the preservation of open space within the Development is in the best interest of the residents of Colleyville; and WHEREAS, the City Council has therefore determined that it is in the best interest of the public to enter into the City/Developer agreement described above. NOW, THEREFORE, BE IT RESOLVED BY CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the City/Developer agreement between Toll Dallas TX, LLC, and the City of Colleyville, Texas, attached hereto as Exhibit "A", is hereby approved. The City Manager is hereby authorized to execute the agreement. Sec. 2. THAT this Resolution shall become effective immediately. AND IT IS SO RESOLVED. Resolution R-22-4726 Page 2 of 2 APPROVED BY A VOTE OF 6 AYES, 0 NAYS ON THIS THE 3RD DAY OF MAY 2022. Mayor Richard Newton Aye Mayor Pro Tern Bobby Lindamood Aye Place 1, Tammy Nakamura Abs Place 5, Chuck Kelley Aye Place 3, Kathy Wheat Aye Place 6, Callie Rigney Aye Place 4, George Dodson Aye ATTEST: �� Christine Loven, TRMC City Secretary CITY OF COLLEYVILLE Richard Newton Mayor