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HomeMy WebLinkAbout12 1317A 07-24-2012 RESOLUTION NO. 12-1317 A A RESOLUTION OF THE CITY OF EULESS, TEXAS, APPROVING A CHAPTER 380 AGREEMENT BY AND BETWEEN THE CITY OF EULESS AND EVERGREEN EULESS SENIOR COMMUNITY, L.P. AND AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WHEREAS, Chapter 380 of the Texas Local Government Code provides that Texas municipalities may create programs to promote local economic development; and WHEREAS, Euless has approved incentives to encourage redevelopment projects and to further enhance the benefits of the improvements to the business and the community as a whole. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, CITY OF EULESS, TEXAS: SECTION 1. THAT the Euless City Council hereby finds that the Agreement by and between the City of Euless and Evergreen Euless Senior Community, L.P. embodies an eligible "program" and clearly promotes economic development in the City of Euless, Texas and, as such, meets the requisites under Chapter 380 of the Texas Local Government Code and further, is in the best interest of the City. SECTION 2. THAT the Euless City Council authorizes the City Manager to execute an Agreement by and between the City of Euless and Evergreen Euless Senior Community, L.P. APPROVED at a regular meeting of the Euless City Council on the 24th day of July 2012, by a vote of 7 ayes, 0 nays, and o abstentions. APPROVED: ATTEST: litd gi 4.00" Mary Lib S leh, Mayor Ki Sutter, TRMC, City Secretary