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07-068 - RTOWN OF PROSPER, TEXAS RESOLUTION NO. 07-068 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS HEREBY AUTHORIZING THE TOWN MANAGER OF THE TOWN OF PROSPER, TEXAS TO EXECUTE A LETTER AGREEMENT BETWEEN THE TOWN OF PROSPER AND HENRY S. MILLER DEVELOPMENT. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: The 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 Letter Agreement between the Town of Prosper and Henry S. Miller Development for park improvement fee credits for the construction of the hike and bike trails within the Villages of Prosper Trail, Phase 1 subdivision, in the amount of $35,103.11. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 14`h day of August, 2007. Charles Niswanger, Mayor /ice/i/j j; �,� -- I\o(atthew D. Denton, TRMC Town Secretary