Loading...
RE 2021-0713.1 Civic Center Development Agreement - AloftRESOLUTION NO. 2021-0713.1 A RESOLUTION OF THE CITY OF COPPELL, TEXAS, APPROVING THE TERMS AND CONDITIONS OF THE SECOND AMENDMENT TO CIVIC CENTER DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF COPPELL, TEXAS, AND NORTHPOINT HOTEL GROUP, LLC; AUTHORIZING ITS EXECUTION BY THE CITY MANAGER; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council has been presented with the proposed Second Amendment to Civic Center Development Agreement (the "Agreement") by and between the City of Coppell, Texas, and Northpoint Hotel Group, LLC, a copy of which is attached hereto and incorporated herein by reference; and WHEREAS, upon full review and consideration of the Agreement, and all matters related thereto, the City Council is of the opinion and finds that the terms and conditions thereof should be approved, and that the City Manager should be authorized to execute the Agreement on behalf of the City of Coppell, Texas; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, THAT: SECTION 1. The Second Amendment to Civic Center Development Agreement attached hereto having been reviewed by the City Council of the City of Coppell, Texas, and found to be acceptable and in the best interest of the City and its citizens, be, and the same is hereby, in all things approved, and the City Manager is hereby authorized to execute the Second Amendment to Civic Center Development Agreement on behalf of the City of Coppell, Texas. SECTION 2. This Resolution and the Second Amendment to Civic Center Development Agreement are hereby approved by the affirmative vote of the majority of the members of the City Council of the City of Coppell, Texas, at a regularly scheduled meeting of the City Council. SECTION 3. This Resolution shall become effective immediately from and after its passage. DULY RESOLVED AND ADOPTED by the City Council of the City of Coppell, Texas, on this the day of , 2021. CITY OF COPPELL, TEXAS 1 1,,4 ) IYL �N. YS, NYAYOR ATTEST: Ai O'l i I. - ASHLEY O S, CITY SECRETARY (PGS:6-22-21:TM 123176) EXHIBIT'*A,"' (Second Amendment to Civic Center Development Agreement) (to be attached)