HomeMy WebLinkAboutCity Council Resolutions (R-02-2009)-08/20/2002
RESOLUTION R-02-2009
A RESOLUTION APPROVING THE DEVELOPER PARTICIPATION IN CONTRACT
FOR PUBLIC IMPROVEMENTS BETWEEN CARWHIS-RIVERWALK AT
COLLEYVILLE, L.P. AND THE CITY OF COLLEYVILLE, TEXAS FOR RIVERWALK
AT COLLEYVILLE ADDITION
WHEREAS, Carwhis-Riverwalk at Colleyville, L.P. (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 AgreemenUContract for Riverwalk at Colleyville Addition,
which specifies certain construction costs that the City has agreed to
participate in with the Developer,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1,
Sec. 2.
Sec. 3,
Sec. 4.
Sec. 5.
THAT the Developer shall construct the improvements and the City shall
participate in their cost.
THAT the City's total cost participation ($504.05) does not exceed thirty
percent (30%) of the total contract price.
THAT the Developer must execute a performance bond for the
construction of the improvements to ensure completion of the project, said
bond must be executed by a corporate surety in accordance with Chapter
2253, Government Code.
THAT the City shall be reimbursed by the Developer the total cost
participation by the City if City finds there was any undue loading of cost,
collusion, or fraud,
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 RESOLVED.
PASSED BY A VOTE OF -fL AYES, 0 NAYS, AND
ONTHISTHE~W, DAY OF ~~z:- 2002.
Resolution R-02-2009
Page 2 of 2
o ABSTENTIONS
ATTEST:
CITY OF COLLEYVILLE
rf;::)
Donna Arp
Mayor
Cynthia Singleton, TRMC
City Secretary