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<br />II <br /> <br />II <br /> <br />II <br /> <br />e <br /> <br />e <br /> <br />Economic Development Incentives Policy <br />June 2006 <br /> <br />Page B <br /> <br />D. Capital Grants and Loans. The Federal Government offers a number of loan programs designed to <br />provide companies with various capital access and expenditure assistance. The programs include the <br />Small Business Administration's 7(a) and 504 programs. The Greater San Marcos Chamber of <br />Commerce will work with locating or expanding companies that need assistance applying for and <br />securing this assistance. <br /> <br />7. Texas ManufacturinQ Assistance Centers (TMAC) <br /> <br />TMAC exists to enhance the competitive position of the state's manufacturing sector. Manufacturing <br />specialists work with small to medium-sized manufacturers, providing technical support and implementing <br />best business practices. Typical areas covered include cost management, productivity improvements, <br />environmental assistance, software systems selection and application, and e-commerce decisions. <br /> <br />8. Chamber Assistance The San Marcos Area Chamber of Commerce provides these additional <br />services to aid with relocations and expansions: <br /> <br />. Relocation assistance for key personnel <br />. Special banking and mortgage assistance <br />. Job fairs to attract employees <br />. Residential real estate assistance <br />. Community orientation, introduction and tours <br />. Spouse employment assistance <br />. Welcome and announcemenUpress conference coordination <br />. Identification of business support services <br /> <br />E. Application Procedures <br /> <br />1. Application Submittal <br />Applicants for City of San Marcos economic development incentives should submit an application <br />package to the office of the City Manager that includes: <br /> <br />A. A completed City of San Marcos Development Incentive Application Form <br /> <br />B A project description that includes: <br />. a summary of the new facility or expansion; <br />. details and costs of the proposed improvements or expansion <br />. a description of the proposed business operation <br />. the number of jobs created and the expected annual payroll for all new jobs <br />. For each new position, show the job title and salary range. <br />. the extent to which the proposed project will make use of local contractors, suppliers and <br />labor force (from the San Marcos area) during construction and during operation. <br /> <br />C A plat showing the precise location of the property, all roadways within 200 feet of the site, <br />current zoning classification and existing land uses on the site, <br /> <br />D. A complete legal description of the property including property tax ID number(s) <br /> <br />E. A project timeline that details. <br />. a schedule of all elements of the project (design phase, construction phase(s), start of <br />operations) <br />. the improvements and jobs created for each year for which an economic incentive is <br />requested <br /> <br />F A descriplion of the nature and extent of incentives requested by the applicant from the City. <br /> <br />G A copy of the applicant's most recent fiscal-year-end financial statements If the applicant is an <br />"S" Corporalion, a partnership or a sole proprietorship, a copy of the most recent personal <br />financial statements for anyone owning 20% of more of the company must also be included <br />