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HomeMy WebLinkAboutO-2007-2998 REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: 6/06/07 Appropriation Requested By' John Joerns Source of Funds: N/A Department' City Council Account Number: N/A Report: Resolution: Ordinance: X Amount Budgeted: Nt A Exhibits: Ordinance Amount Requested: N 1,,\ Exhibits: AQreement Budgeted Item: YES NO Exhibits' SUMMARY & RECOMMENDATION At the meeting of May 24,2007 the La Porte Redevelopment Authority and the TIRZ Boards approved the attached agreement between the Authority and the City of La Porte for the Authority's management of the Lakes of Fairmont Green Public Improvement District (the "District"). City Council approved creation of the District with the passage of Resolution 2007-07 in January of this year. This agreement is the final step in the process for the Authority to manage the plan and complete the necessary services and improvements as noted in the attached agreement and to also aid the Authority in the collection of the required assessments. Also at this meeting, the Authority agreed to enter into an agreement with Hawes Hill for administration of the PID. Staff recommends approval of the enabling ordinance and attached agreement. Action Reauired bv Council: Approve the enabling ordinance and agreement between the City of La Porte and the La Porte Redevelopment Authority for the Authority's management of the Lakes of Fairmont Green Public Improvement District (the "District"). # Date ORDINANCE NO. .!. 'i~ r AN ORDINANCE APPROVING AND AUTHORIZING AN AGREEMENT BETWEEN THE CITY OF LA PORTE AND THE LA PORTE REDEVELOPMENT AUTHORITY FOR THE MANAGEMENT OF THE LAKES OF FAIRMONT GREEN PUBLIC IMPROVEMENT DISTRICT (THE "DISTRICT"); MAKING VARIOUS FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; PROVIDING AND EFFECTIVE DATE HEREOF. BE IT ORDAINDED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: SECTION 1. The City Council of the City of La Porte hereby approves and authorizes the contract, agreement, or other undertaking described in the title of this ordinance, in substantially the form as shown in the document which is attached hereto and incorporated herein by this reference. The Mayor 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 it-is so ordered. PASSED AND APPROVED THIS THE II~ DAY OF Ju (l e , 2007. CITY OF LA PORTE By: ~~y~ ALTON PORTER, Mayor ATTEST: By: vrnrltt~(1, #A-IHJ MARTHA GILLETT, City Secretary APPROVED: By: ~T~ ~/' KNOX ASKINS, / City Attorney