Scarborough ELP Development, LLC

Resolution authorizing the City Manager to sign a Second Amendment to the Entitlement Agreement with FSW Investments entities and Scarborough ELP Development, LLC, to allow commercial and supporting uses without triggering ad valorem tax deposits into the Tax Increment Fund. The amendment does not change the term or overall incentive amount.

…W II, FSW III, FSW IV, FSW V, FSW VI, FSW VII, FSW VIII, and FSW IX, “FSW”) and Scarborough ELP Development, LLC, a Texas limited liability company, (together with FSW, the “Owner”) to revise…