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1975R16- ASSIST AND ENCOURAGE INDUSTRIAL DEVELOPMENT . , , . " ... . . . . RESOLUTION NO. 7S'-R- /(, A RESOLUTION EXPRESSING THE CITY'S DESIRE TO ASSIST AND ENCOURAGE INDUSTRIAL DEVELOPMENT THROUGH SEVEN YEAR ANNEXATION MORATORIUMS, AND PLACING THE BURDEN OF EXTRATERRITORIAL UTILITY CONSTRUCTION UPON THE INDUSTRY INVOLVED. WHEREAS, the City of Schertz feels that industrial development in this area is desirable, and WHEREAS, such industrial development would be greatly beneficial to this area, through additional employment and income, and WHEREAS, the City of Schertz, Texas is thus in favor of positive assistance and encouragement to promote industrial development; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS, that l. The City of Schertz is willing to assist extraterritorial industrial development by considering the granting of a seven year annexation moratorium period to the land under development; and 2. The City of Schertz, believes that the burden of land development, such as utility installation and street construction rests with the expanding industry or land developer. PASSED, APPROVED AND AOOPTED this the J J- tf; day of (). '-^(f .,f ' 1975. 1i2~{l!R;A/ 'Mayor, City of Schertz, Texas ATTEST: