O-2007-2997 - Laserfiche WebLink

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ORDINANCE NO. 2007- ;( qq7 AN ORDINANCE APPROVING AND AlITHORIZING A DEVELOPER'S AGREEMENT BElWEEN THE CITY OF LA PORTE AND TRI-CITY HOLDINGS, L.P., FOR CONVEYANCE OF LAND AND PAYMENT OF DETENTION CREDITS TO THE CITY OF LA PORTE FOR FLOODWATER DETENTION PURPOSES, AND PROVISION OF SERVICES TO TRI-CITY HOLDINGS, L.P. BY CITY OF LA PORTE, ACCORDING TO THE TERMS OF THE AGREEMENT PROVIDED; MAKING VARIOUS FINDINGS AND PROVISIONS REIATING TO THE SUBJECT; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. The City Council hereby approves and authorizes the contract, agreement, or other undertaking described in the title of this ordinance, a copy of which is on file in the office of the City Secretary. The City Manager is hereby authorized to execute such document and all related documents on behalf of the City of La Porte. The City Secretary is hereby authorized to attest to all such signatures and to affix the seal of the City to all such documents. Section 2. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, hour, place, and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this ordinance and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves, and confirms such written notice and the contents and posting thereof. Section 3. This Ordinance shall be effective from and after its passage and Page 1 Of2