HomeMy WebLinkAboutResolution 632 }
RESODpN pILE NO.
A A�Oluti® >
OF
THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS
APPROVING AND AUTHORIZING THE EXECUTIVE OF AN AGREEMENT
BETWEEN THE CITY: OF FORT WORTH AND PANTHER CITY
DEVELOPMENT COMPANY RELATING TO CERTAIN
DOWNTOWN DEVELOPMENT
WHEREAS, the City of Fort Worth has adopted a Comprehen-
sive Economic Development Strategy to improve the economic
health of the City, and to remove barriers to economic devel-
opment , especially in the downtown and the inner city area of
Fort Worth, Texas; and
WHEREAS, Panther City Development Company proposes to
undertake or cause to be undertaken the construction and ope-
ration of certain major developments in the downtown and inner
city area of the City of Fort Worth, and further proposes to
enter into an Agreement with the City of Fort Worth concern-
ing such developments; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF FORT WORTH, TEXAS:
SECTION 1 .
That the form and substance of the Agreement by and between
the City of Fort Worth and Panther City Development Company,
which is attached hereto and incorporated herein, be and the
same hereby is in all respects approved.
SECTION 2.
O
CITY OF FORT WORTH
Page 2 of 9
That the City Manager be and hereby is authorized and
directed to execute the Agreement , a copy of which is attached
hereto .
O
CRY OF FORT WORTH