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RESOLUTION NO. 2014-73R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A CHAPTER 380 ECONOMIC <br />DEVELOPMENT INCENTIVE AGREEMENT WITH UPLAND <br />ANALYTICS, INC. PROVIDING FOR THE CITY TO MAKE UP TO FIVE <br />PAYMENTS OF $25,000 EACH CONTINGENT UPON THE COMPANY <br />RELOCATING ITS HEADQUARTERS TO SAN MARCOS AND <br />MEETING CUMULATIVE ANNUAL EMPLOYMENT CRITERIA; AND <br />DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Chapter 380 Economic Development Incentive Agreement <br />with Upland Analytics, Inc. (the "Agreement ") is hereby approved. <br />PART 2. The City Manager is authorized to execute the Agreement on behalf of the <br />City. <br />PART 3. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED on May 6, 2014. <br />` niel Guerrero <br />Mayor <br />Attest: <br />