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07-053 R - Developer Agreement between Chesney 65 and TownTOWN OF PROSPER, TEXAS RESOLUTION NO. 07-053 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY AUTHORIZING THE INTERIM TOWN MANAGER OF THE TOWN OF PROSPER, TEXAS, TO EXECUTE A DEVELOPER'S AGREEMENT BETWEEN MY V CHESNEY 65, LP, AND THE TOWN OF PROSPER. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: The Interim Town Manager of the Town of Prosper, Texas, is hereby authorized to execute, on behalf of the Town Council of the Town of Prosper, Texas, a developer's agreement between MF V Chesney 65, LP, and the Town of Prosper, as hereto attached. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 12th day of June, 2007. za a es Niswanger, Mayo ATTEST • Town Secretary