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115 Regular Meeting November 29, 1989 Page 5 Mayor Morris introduced a discussion regarding a proposed Community Facilities Agreement among the City of San Marcos, Country Hills, Ltd. and River Ridge Joint Venture and direction to Staff. Jeff Minch of River Ridge reviewed with Council a proposed relocation of the roadway and railroad crossing. The cost of the railroad crossing (license agreement with railroad company) would be $132,000.00. River Ridge is willing to pay the $132,000.00 initially, and the proposed agreement would require the City to reimburse River Ridge within ten years plus 9% interest until paid. Mr. Minch stated the City could reimburse River Ridge through development fees collected each year. Mr. Gilley reviewed with Council the normal process for changing a thoroughfare begins with the Planning Commission. The Council requested this matter be sent through the Planning Commission, that traffic counts on Post Road be taken, and for information to be provided to the Council on what impact traffic will have on Post Road if traffic is funneled through River Ridge. The Council directed Staff negotiate a more acceptable financial arrangement and expressed concern with the 9% interest rate. Mr. Minch then requested Council consider approving the railroad crossing and negotiating the financial arrangement later. The Council requested the Planning Commission's recommendation on the thoroughfare be forthcoming, and Mr. Gilley stated once the Planning Commission has considered the thoroughfare and plat amendment, it will be submitted to the Council for approval. Mayor Morris introduced for consideration an Executive Session pursuant to Article 6252-17, Section 2 (e), V.A.C.S., to discuss pending litigation (GBRA vs. City of Lytle, Et AI). Mr. r.100re moved the Council adjourn into Executive Session at 10:30 p.m. and Mr. Plummer seconded the motion, which passed unanimously. Mr. Hernandez moved the Council reconvene at 11:05 p.m. and Ms. Kissler seconded the motion, which passed unanimously. The meeting adjourned at 11:05 p.m. on motion made by Ms. Kissler and seconded by Mr. Hernandez. ~~" ~ ~~~~ Ma~or ø~ dZl/' / ;:- Moore Rick iernandez Ô be~ Mayor Pro-Tern Ronald K. Hart Fred Guerra Council Member Council Member J 2 ~ dÆ / &;; I:t;11/ / . Y ?Ø ~/ iJt~r '¡tne Kí sler Bill Plummer Council Member Council Member ATTEST' ~ !ÎÆÂ} . , ~~ rJ:~ K. Womack City Secretary