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<br />I <br /> <br />RESOLUTION 2007 207 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, REPEALING RESOLUTION 2007-167R APPROVING THE <br />TERMS AND CONDITIONS OF AN ECONOMIC DEVELOPMENT <br />AGREEMENT WITH THE SAN MARCOS CHAMBER OF COMMERCE; <br />APPROVING THE TERMS AND CONDITIONS OF A REVISED <br />AGREEMENT WITH THE SAN MARCOS CHAMBER OF COMMERCE <br />FOR ECONOMIC DEVELOPMENT SERVICES; AUTHORIZING THE <br />INTERIM CITY MANAGER TO EXECUTE THIS AGREEMENT ON <br />BEHALF OF THE CITY AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. On September 18, 2007 the City Council approved an Economic Development <br />Services Agreement (the "Agreement") with the San Marcos Chamber of Commerce (the <br />"Chamber") , <br /> <br />2. Subsequent to City Council approval, it was determined that additional edits to the <br />Agreement were necessary. <br /> <br />I <br /> <br />3. The City Council directed City staff to re-negotiate the Agreement with the <br />Chamber for Economic Development Services. <br /> <br />4. The City wishes to approve the attached revised Agreement <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. Resolution 2007-167 which approved the terms and conditions of an Economic <br />Development Services agreement between the Chamber and the City, adopted on September 18, <br />2007 is repealed. <br /> <br />PART 2. The terms and conditions of the attached Agreement for Economic <br />Development Services between the City and the Chamber is approved. <br /> <br />PART 3. The Interim City Manager, Collette Jamison, is authorized to execute the <br />Agreement on behalf of the City. <br /> <br />PART 4. This Resolution shall be in full force and effect immediately from and after <br />its passage. <br /> <br />I <br /> <br />ADOPTED this the 4th day of December, 2007. <br />