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1988-061CITY OF SOUTHLAKE, TEXAS RESOLUTION NO. 88-61 A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS, PROVIDING FOR A TEMPORARY SUSPENSION OF IMPACT FEE CHARGES UNDER ORDINANCE NO. 330 OF THE CITY PENDING REVIEW OF SUCH CHARGES IN ACCORDANCE WITH RECENT LEGISLATION RELATING TO CAPITAL IMPACT FEES; PROVIDING AN EFFECTIVE DATE. j.: WHEREAS, the City of Southlake, Texas (the "City"), is authorized to collect certain impact fees pursuant to the City's Ordinance No. 330, adopted June 21, 1986; and WHEREAS, on June 20, 1987, the legislature of the State of Texas adopted S.B. 336, recorded at Ch. 975, §1, 1987, Tex. Sess. Serv. 6519 (Vernon), which provides, in part, that all capital impact fee ordinances in effect prior to June 20, 1987, are grandfathered and may remain in effect for a period of three (3) years from June 20, 1987, subject to a review of the amount of the rates charged after one (1) year from June 20, 1987; and WHEREAS, it is the intention of the City Council at this time to temporarily suspend all impact fee charges under Ordinance No. 330, pending review by the City of the charges under such ordinance in accordance with S.B. 336 and pending further action of the Council. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: Section 1. That all of the above premises are found to be true and correct and are incorporated into the body of this resolution as if copied in their entirety. Section 2. That all impact fee charges under Ordinance No. 330 are hereby temporarily suspended pending review by the City of such charges in accordance with S.B. 336 and pending further action of this Council. Section 3. That the City Manager is hereby directed to immediately institute such review- as he deems necessary in order to determine whether the impact fee charges under Ordinance No. 330 are within, or not exceeding by more than ten percent (10%), the amount of fees that could be charged in accordance with S.B. 336. Upon completion of such review, the City Manager is directed to report the findings thereof to the City Council. 0 2 8 0 8/ 6 Section 4. That this Resolution shall be in full force and effect from and after its passage. PASSED, APPROVED AND June, 1988. ATTEST: City;,;Secretary, City., lof; •SQuthlake, Texas SEAtj y f rtr t.rts`' L\ 0 2 9 0 a/ 7 2- of