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HomeMy WebLinkAboutPO5506:PA ROYAL HOMES DEV. CORPinteroffice MEMORANDUM To: Mayor, City Council, City Manager From: Mark T. Sokolow, City Attorney ~ ~ Date: March 11, 2005 Subject: P. O. No. 5506; Special Council Meeting March 15, 2005 Attached is P. O. No. 5506 authorizing the City Manager to enter into an Incentive Agreement with PA Royal Homes Development Corp. We are still working on the proposed incentive agreement. MTS:ts Attachment cc: P A ROYAL HOMES DEVELOPMENT CORP z .po5506 .memo P.O. No. 5506 03/11/05 ts ORDINANCE NO. AN ORDINANCE AUTHORIZING THE CITY MANAGER TO ENTER INTO AN INCENTIVE AGREEMENT WITH PA ROYAL HOMES DEVELOPMENT CORPORATION WHEREAS, the City of Port Arthur and PA Royal Homes Developmenu Corporation desire to enter into an Incentive Agreement; and WHEREAS, PA Royal Homes Development Corporation plans to develop the tract as described in Exhibit "A", as to provide up to one hundred and thirty-nine community center; and WHEREAS, the improvements (139) homes and a multi-function to be constructed will also include a road, water lines, sanitary sewer lines, street lights, and storm sewers; and WHEREAS, once these improvements are constructed to City specifications, they will be deeded or deeded to the City as public improvements; and WHEREAS, PA Royal Homes Development Corporation is requesting that the City of Port Arthur provide an incentive as to develop the one hundred and thirty-nine (139) lots for single family residences and for a multi-functional community center. NOW THEREFORE, BE IT ORDATm~ BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: z .po5506 Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Manager is herein authorized to enter into an Incentive Agreement with PA Royal Homes Development Corporation in substantially the same form as attached as Exhibit Section 3. That a copy of the caption of this Ordinance be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this __ day of , A.D., 2005, at a Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor , City Council: NOES: ATTEST= OSCAR G. ORTIZ, MAYOR EVANGELINE GREEN, CITY SECRETARY APPROVED AS TO FORM: MARK T. SOKOLOW, CITY ATTORNEY APPROVED FOR ADMINISTP~ATION: STEVE FITZGIBBONS, CITY MANAGER APPROVED AS TO THE AVAILABILITY OF FUNDS: REBECCA UNDERHILL, DIRECTOR OF FINANCE z .pOSS06 EXHIBIT "A" An "Enhanced Golf Living Experience" An "Enhanced Golf Living Experience" is our vision of what Royal Meadows is to become. A brief insight into Royal Meadows Estates: An enhanced golf living experience, crafting a dynamic community for the pleasure of active adults and families. Royal Meadows celebrates the most inviting elements of its location and surroundings. Conceived in the spirit of Lake Arthur and PortArthur, situated on 9th Avenue and Jimmy Johnson, Royal Meadows is a harmonious blend of rural and city style residential compounds, golf centered recreational communities and traditional, neighborhood oriented experience, providing that "home town" feeling. Royal Meadows Estates is located in Port Arthur, within a short distance to Sabine lake, situated in an environment of palm trees, ponds, spacious open pastures, with trails and pathways, creating a multi-faceted community. A vibrant community within an enchanting environment - where nature is but one of a multitude of benefits. Nature is embraced by a golf community experience that features over 70 acres of wonderfully crafted residential beauty. You can experience the spectacular greenway views of the Babe Zaharias Champion 18-hole golf facilities situated on over 150 acres - simply by walking onto your back yard and experience the manicured fairways, verdant roughs and greenbelt connections to the Royal Meadows Estates. The environment forms an enormous stage set providing the backdrop and scenery that frame in the community. Walls of palm trees, bright skies with ever changing light and shadows, water in luminous ponds that meet the horizons, are all part of what makes this subdivision so special. Royal Meadows lifestyles core essence is derived from the values, energy and interest of its citizens. Family Living is paramount, so access is made easy. Trails and pathways are along the entire 70 acres with spacious paths for walking & biking, pond fishing, with a recreational playground throughout the subdivision. Royal Meadows - offers a place full of activities where recreational and social amenities exceed all expectations. The breadth of opportunity means there is something for everyone and with the abundance of options, come the luxury of choices. Featuring, a club house, concierge service, fitness center, swimming pool, party room and a playground area exclusively for the residential home owners to enjoy. Royal Meadows built environment is a delicate balance of architectural and well-manicured landscape improvements coupled with preservation and enhancement of family living, natural and resort community environment. We highly urge you to contact our sales professionals if you are interested in becoming a member of this exclusive community. EXHIBIT "B" WILL BE FORTHCOMING