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RESOLUTION 2013 -185R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS ADOPTING A NEW ECONOMIC DEVELOPMENT <br />INCENTIVES POLICY; AND DECLARING AN EFFECTIVE DATE. <br />RECITALS: <br />1. The City Council wishes to promote economic development within the City of <br />San Marcos and has granted economic development incentives under an approved Economic <br />Development Incentives Policy. <br />2. The City Council wishes to adopt a new policy for the granting of economic <br />development incentives. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Economic Development Policy (the "Policy ") that provides <br />criteria and processes for the granting of economic development incentives is hereby approved <br />and adopted. <br />PART 2. The Policy replaces and supersedes the prior Economic Development <br />Incentives Policy approved and adopted by the City Council. <br />PART 3. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED on December 17, 2013. <br />niel Guerrero <br />Mayor <br />Attest: <br />Jamie ee Pet hn <br />City C erk <br />