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City of San Marcos Economic Development Incentives Policy A. Economic Development Objectives and Goals San Marcos is open for business! Located in one of Texas' fastest growing counties and most important international trade corridors, San Marcos offers . a pro-business climate; . an available and affordable workforce; · quality educational institutions and excellent training facilities, · a strategic location between two major metropolitan areas, . a nurturing entrepreneurial environment; · a network of dynamic technology and service firms, · a committed and collaborative community; · an extensive utility infrastructure; . a favorable tax structure, · competitive business incentives; and · an excellent quality of life with the amenities of the Texas Hill Country. San Marcos seeks to attract new business and to provide expansion opportunities for its existing companies San Marcos would like to attract companies that will provide synergy for the existing area manufacturers, provide high paying jobs for its citizens and Texas State University-San Marcos graduates, and promote strong, balanced growth throughout the community With its central location along the international NAFT A highway and available land for development, San Marcos wants to attract and cultivate a diverse mix of industries to complement the resources of the city The City of San Marcos works with other economic development team members including Economic Development San Marcos, the San Marcos Area Chamber of Commerce, the San Marcos Hispanic Chamber of Commerce, Texas State University-San Marcos, the San Marcos Council of Neighborhood Associations, and Hays County On a regional and State level the City partners with the Office of the Governor, the Economic Development Partnership of Central Texas (EDPCT), Opportunity Austin, the Capital Area Council of Governments (CAPCOG), Austin Community College, Central Texas Technology Center, the Lower Colorado River Authority, the Pedernales Electric Cooperative, the Bluebonnet Electric Cooperative, the Guadalupe Blanco River Authority, the Rural Capital Area Workforce Commission, the Texas Workforce Commission, the Texas Department of Transportation, the Texas Commission on Environmental Quality, and the Texas Department of Agriculture In order to attract and grow businesses, the City of San Marcos has developed economic development strategies to benefit and unite its citizens behind common goals The strategies include: · Diversifying the industrial/commercial/tourism segments of our economy through the effective marketing of available resources and attributes to targeted markets · Leveraging the assets of the City, including infrastructure, services and funds, with State and Federal programs to promote the retention and expansion of existing business and to attract new business to San Marcos. · Promoting, in conjunction with Texas State University-San Marcos, the San Marcos Consolidated Independent School District, the Hays Consolidated Independent School District, Austin Community College and the Gary Job Corps, educational opportunities to provide a well-educated workforce to enhance existing job opportunities and enable the creation of additional jobs · Maintaining the quality of life enjoyed by its citizens by protecting its natural beauty and physical environment and by preserving its historic heritage · Promoting synergistic relationships between its existing businesses and new enterprises in order to enhance the economic value of the private sector and enhance the overall wealth of the community · Utilizing its unique resources in business partnerships that the City can leverage to minimize risk to our citizens · Assisting new businesses to ensure that their facilities needs are correctly matched to the appropriate Master Plan and Zoning requirements, transportation access, and available City resources B. Eligibility Criteria for Economic Development Incentives