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13-13 - RTOWN OF PROSPER, TEXAS RESOLUTION NO. 13-13 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, AUTHORIZING THE REDUCTION OF ITS EXTRATERRITORIAL JURISDICTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town of Prosper, Texas ("Prosper") is a home -rule municipality established and operating under the laws of the State of Texas, and the current corporate municipal boundaries and extraterritorial jurisdiction ("ETJ") of Prosper are shown on Exhibit "A", attached hereto and incorporated herein for all purposes; and WHEREAS, Prosper and Comanche Ridge 52 Partners, Ltd. ("Landowner"), property owner of an approximately 52.613 acre, more or less, tract of land ("Landowner's Parcel") a portion of which is located in Prosper's ETJ, as more particularly depicted on and described in Exhibits "B" and "C", respectively, attached hereto and incorporated herein for all purposes, reached an Agreement for the Reduction of the Extraterritorial Jurisdiction of Town of Prosper, Texas ("Agreement"); and WHEREAS, the Agreement, previously approved and signed by the Landowner, was approved by the Town Council of the Town of Prosper, Texas ("Town Council") on February 12, 2013; and WHEREAS, Section 42.023, Texas Local Government Code, as amended, provides Prosper with the legal authority to, upon written consent by resolution, reduce its ETJ; and WHEREAS, the Town Council finds that it is in the best interest of the citizens of Prosper that Prosper reduce its ETJ by removing 9.257 acres, more or less of the Landowner's Parcel from its ETJ ("ETJ Parcel"), as more particularly depicted on and described in Exhibits "B" and "C", respectively, attached hereto. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1. Findings Incorporated. The findings set forth above are incorporated into the body of this Resolution as if fully set forth herein. SECTION 2. Reduction of ETJ. The Town Council hereby consents, by the passage of this Resolution, in compliance with Section 42.023, Texas Local Government Code, as amended, to the reduction of its ETJ by removing the ETJ Parcel from its ETJ, such reduction of its ETJ being generally depicted, for demonstrative purposes only, on Exhibit "D", attached hereto and incorporated herein for all purposes. PROSPER RESOLUTION REDUCING ETJ (9.257ACRES) PAGE 1 OF 8 622215.1 SECTION 3. Effective Date. This Resolution is effective immediately upon its passage. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS on this 12t" day of February, 2013. RAY SMITH, Mayor ATTEST: Amy Pna, CiSecretary o F P& /AL oil p�aaw� ®• •� • • •e a A a •v 0 A• ♦ PROSPER RESOLUTION REDUCING ETJ (9.257ACRES) PAGE 2 OF 8 622215.1