HomeMy WebLinkAboutOrdinances (O-00-1251)-10/17/2000
ORDINANCE 0-00-1251
AN ORDINANCE AMENDING THE DEVELOPER PARTICIPATION IN CONTRACT
FOR PUBLIC IMPROVEMENTS BETWEEN VILLAGE MONTICELLO PARTNERS,
LTD., VILLAGE MANAGEMENT, LLC. AND THE CITY OF COLLEYVILLE, TEXAS
WHEREAS, Village Monticello Partners, Ltd., Village Management, LLC. (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 have entered into a City-Developer
Agreement for The Village at Colleyville, which specifies certain
construction costs that the City has agreed to participate in with the
Developer; and
WHEREAS, The addition of the 12-inch water main was determined to be necessary to
comply with the Water Master Plan.
Sec. 1.
THAT Section 2 of Ordinance 0-00-1234 is amended as follows: City's
total cost participation of $279,944.50, which does not exceed thirty
percent (30%) of the total contract price.
AND IT IS SO ORDERED.
TI~A~r~q fading and public hearing being conducted on the 301 day of
,2000.
:Btt;'bnd reading and public hearing being conducted on the ~ day of
tr ,2000.
ATTEST:
kJ~
Je Harris, CMC
City Secretary
Ordinance 0-00-1251
Page 2 of 2
CITY OF C LLEYVILLE
Do/na~~
Mayor