HomeMy WebLinkAboutResolution 629 SOLUTION FILE NO. I
A R�esolutio -
OF
THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS,
APPROVING AIM AUTHORIZING 71-EE EXLC'TIDN Cr _-�N
I�+r► 71 F ^_::''' :s' Y"OR< W61Z�rt, J ifL', r IN'v Z TMENT CORPORATION AND
WOODBINE DEVELOPMENT CORPORATION RELATING TO CERTAIN
DOWNTOWN DEVELOPMENT i
WHEREAS, the City of Fort Worth has adopted a Comprehensive Economic
Development Strategy to improve the economic health of the City, and to
remove barriers to economic development, especially in the downtown and
the inner city area of Fort Worth, Texas; and
WHEREAS, Hunt Investment Corporation and Woodbine Development Corpo-
ration propose to undertake or cause to be undertaken the construction and
operation of Certain major developments in the downtown and inner city area
of the City of Fort Worth, and further propose to enter into a Master Agree-
ment with the City of Fort Worth concerning such developments; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF FORT WORTH, TEXAS:
..s SECTION 1.
That the form and substance of the Master Agreement by and between
the City of Fort Worth, Hunt Investment Corporation and Woodbine Develop-
ment Corporation, which is attached hereto and incorporated herein, be and
the same hereby is in all respects approved.
SECTION 2.
That the City Manager be and hereby is authorized and directed to exe-
cute the Master Agreement, a copy of which is attached hereto.
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CITY OF FORT MR=