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HomeMy WebLinkAboutPO 5296:BIG WHEEL DEVELOPMENTINTER OFFICE MEMO To: Mayor, City Council & City Manager From: Mark T. Sokolow, City Attorney Subject: P. O. No. 5296 - October 15, 2002 Council Meeting Date: October 11, 2002 Attached is P. O. 5296 authorizing the City Manager to execute a contract between the City and Big Wheel Development, Inc. This matter is still being discussed with the developer and there may be changes in this agreement. MTS/jb Attachment cc: Big Wheel Development, Inc. 8003 Albin Lane Houston, TX 77071-2006 Leslie McMahen, Director of Public Works Dan Shepherd, Director of utilities Rebecca Underhill, Director of Finance George Scully 1936 Las Palmas P. O. Box 3777 Port Arthur, TX 77643 Fax # 1-409-985-9484 P.O. No. $296 10/10/02 jb ORDINANCE NO. AN ORDINANCE AUTHORIZIN~ THE CITY MANAGER TO EXECUTE A DEVELOPER PARTICIPATION CONT,,ACT BETWEEN THE CITY OF PORT ARTHUR AND BI~ WHEEL DEVELOPMENT, INC. WHEREAS, the City desires to enter into a contract with Big Wheel Development, WHEREAS, Big Wheel Vista Village residences over Inc.; Development, Inc. plans to develop as to build sixty (60) single family three years with an average of twenty (20) single family residences per year; and WHEREAS, the contract between the City of Port Arthur and Big Wheel Development, Inc. should be executed in substantially the same form as Exhibit NOW THEREFORE, BE IT ORDAINED AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Manager is authorized to execute a Developer Participation Contract with Big Wheel Development, Inc. in substantially the same form as Exhibit z.po5296 Section 3. That a copy of the caption of this Ordinance be spread upon the Minutes of the City Council. READ, Council of the City of Port Arthur, following vote: AYES: Mayor Council: ADOPTED AND APPROVED on this __ day of , A.D., 2002, at a Regular Meeting of Texas, by the , City the City NOES: OSCAR ORTIZ, MAYOR ATTEST: EVANGELINE GREEN, CITY SECRETARY APPROVED AS TO FORM: MARK T. SOKOLOW, CITY ATTORNEY z.po5296 APPROVED FOR ADMINISTP~ATION: STEVE FITZGIBBONS, CITY MANAGER APPROVED AS TO THE AVAILABILITY OF FUNDS REBECCA UNDERHILL, DIRECTOR OF FINANCE z.po5296