Title
Consider a resolution ratifying the City of Round Rock's consent to the creation of Round Rock Municipal Utility District No. 1.
Body
This is an item that has been requested by the attorney for Round Rock MUD No. 1. The MUD is issuing road bonds and the AG's office is requiring a resolution of the City consent+A1 to the formation of the MUD. This was intended by the MUD and the City to be done in conjunction with the Consent and Development Agreement approved on June 27, 2019, as evidenced by language in the Agreement and Exhibit D of the Agreement, however, only a resolution authorizing the Mayor to execute the Consent and Development Agreement was on the Agenda and approved on that date. This item just formalizes that the City consent to the formation of the MUD.