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Res 1985-061
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Res 1985-061
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8/29/2007 3:14:01 PM
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City Clerk
City Clerk - Document
Resolutions
Number
1985-61
Date
8/12/1985
Volume Book
72
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<br /> Page 5 <br />CITY San Marcos <br /> <br />13. Estimate the amount of central business district retail space devoted to each of the <br />following: Department Stores 0% Specialty Shops 48% <br /> <br />Discount Stores 0% Services 38% <br /> <br />Supermarkets 0% Restaurants 11% <br /> <br />14. How many outlying shopping centers do you have in the city? 3 <br /> <br />15. Do you have a covered regional mall in the county? No <br /> <br />16. How many financial institutions in the city (savings and loans and banking)? 6 <br /> * ** <br />Total Assets? $239,788,541 In the central business district? $78,555,000 <br />* Four of six reporting. ** One bank reporting. <br />Have they made any commitment to establish a low-interest loan pool for the Main Street <br />Project? Yes <br />How much funding pledged? $50,000 per bank = $300,000 <br /> <br />At what interest rate? 8% <br /> <br />17. What efforts have been made to attract or retain business in the central business district? <br />The Downtown Association has been formed to coordinate pro- <br />motion activities. Facades and interiors have been restored. <br />18. How much off-street parking is in the central business district? <br />There is no available off-street parking. <br />19. What has been the city's revenue from sales tax? <br />1982 $1,123,309 1983 $1,305,517 1984 $1,535,273 <br /> <br />20. What has been the city's revenue from hotel/motel tax? <br />1982 $130,604 1983 $157,516 1984 %247,778 <br /> <br />How has this funding been used? <br />The Chamber of Commerce has been awarded 90% of 4% of the <br />hotel/motel tax revenus. The remaining revenus are to be <br />placed in a special convention center fund. <br />
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