10-050 - R TOWN OF PROSPER,TEXAS RESOLUTION NO. 10-050
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 SECOND
AMENDMENT TO DEVELOPER'S AGREEMENT BETWEEN PDC 380
PROSPER, LTD.; MUSTANG-MIDWAY LTD.; HUNTER 380 PROSPER,
LP; WESTERN RIM INVESTORS 2007-3, L.P.; WESTERN RIM
INVESTORS 2007-4, L.P.; SHADDOCK DEVELOPERS, LTD.; MF VII
PROSPER 41, LP; 380 COMMONS, LTD.; MF III PROSPER
COMMONS; PROSPER VENTURES PARTNERS; VIRGINIA RIDGE
PROPERTIES, LTD.; PINEWOOD WOODS, LP; AND THE TOWN OF
PROSPER RELATED TO THE LA CIMA 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 Second Amendment to
Developer's Agreement between PDC 380 Prosper, Ltd.; Mustang-Midway Ltd.; Hunter 380
Prosper, LP; Western Rim Investors 2007-3, L.P.; Western Rim Investors 2007-4, L.P.; Shaddock
Developers, Ltd.; MF VII Prosper 41, LP; 380 Commons, Ltd.; MF III Prosper Commons;
Prosper Ventures Partners; Virginia Ridge Properties, Ltd.; Pinewood Woods, LP; and the Town
of Prosper related to the La Cima Development, as hereto attached.
,SECTION 2: This Resolution shall take effect immediately upon its passage.
RESOLVED THIS THE Bch day of June,2010.
LAS ... l',(I
Ray Smi ha Mayor
ATTEST'
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tiliew D. Denton, TRMC
Town Secretaryto
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