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Res 20-16 Approving a 2nd Amendment to the Development Agreement for Subdivision Improvments with Wilbow-Solana Related to the KnollsTOWN OF WESTLAKE RESOLUTION 20-16 A RESOLUTION BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPROVING A 2ND AMENDMENT TO THE DEVELOPMENT AGREEMENT FOR SUBDIVISION IMPROVEMENTS WITH WILBOW-SOLANA LLC, RELATED TO THE KNOLLS AT SOLANA DEVELOPMENT IN WESTLAKE, TEXAS. WHEREAS, the Town is a duly created and validly existing Type A General Law Municipality, created under the laws of the State of Texas, including particularly, but not by way of limitation, Chapter 51, Texas Local Government Code ("LGC"); and WHEREAS, the Town of Westlake (Town) and Wilbow-Solana, LLC (the Owner) entered into an agreement for subdivision improvements on December 10, 2018; and WHEREAS, the Town of Westlake (Town) and Wilbow-Solana, LLC (the Owner) agreed to an amendment to the agreement for subdivision improvements on January 28, 2019; and WHEREAS, the Town and the Developer wish to approve a 2nd amendment to the Development Agreement for Subdivision Improvements approved by the Town in Resolution 18-49 on December 10, 2018, and amended on January 29, 2019 by Resolution 19-03; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: THAT, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: THAT, the Town Council of the Town of Westlake, Texas, hereby approves this 2❑d Amendment to the Development Agreement for Subdivision Improvements originally approved on December 10, 2018 in Resolution 18-49, and amended on January 28, 2019 in Resolution 19-03, attached hereto to this resolution as Exhibit "A". SECTION 3: THAT, the Town Council of the Town of Westlake further authorizes the Town Manager to execute said amendments to said agreements on behalf of the Town of Westlake. SECTION 4: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions Resolution 20-16 Page 1 of 2 hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. SECTION 5: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 18"' DAY OF MAY, 2020. ATTEST: Todd Wood, Town Secretary APPROV TO FORM: I anto , Town Attorney Laura Wheat, Mayor Av� 4Q4';' Amanda DeGan, Town Manager Resolution 20-16 Page 2 of 2