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Regular Meeting December 4, 2007 Page 4 Adoption of Ordinance on third and final reading: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS RESCINDING AND REPEALING ORDINANCE 1989 -70 PERTAINING TO TAXATION OF FREEPORT PROPERTY FOR TAX YEARS 2007 AND THEREAFTER; AMENDING ARTICLE 4 OF CHAPTER 78, AD VALOREM TAXATION, OF THE CITY OF SAN MARCOS CODE OF ORDINANCES TO ADD A NEW SECTION, EXEMPTION OF FREEPORT PROPERTY; AND PROVIDING AN EFFECTIVE DATE. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS APPROVING THE ABANDONMENT OF A 15,224.43 SQUARE FOOT OF THE RIGHT OF WAY OF CRADDOCK AVENUE AT THE INTERSECTION OF RANCH ROAD 12; APPROVING THE CONVEYANCE OF THIS TRACT TO CUNNINGHAM WALTERS PROPERTIES, LLC; AUTHORIZING THE CITY MANAGER TO EXECUTE A DEED; AND DECLARING AN EFFECTIVE DATE. Adoption Resolution: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, ACCEPTING AND APPROVING A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY AND THE TEXAS DEPARTMENT OF TRANSPORTATION CONCERNING THE ADOPTION OF A FEDERALLY APPROVED DISADVANTAGED BUSINESS ENTERPRISE PROGRAM; AND DECLARING AN EFFECTIVE DATE. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF AN INTERLOCAL AGREEMENT BETWEEN THE CITY OF SAN MARCOS AND HAYS COUNTY FOR ESTABLISHMENT OF THE HAYS COUNTY SWAT TEAM; AUTHORIZING THE CITY MANAGER TO EXECUTE THIS AGREEMENT ON BEHALF OF THE CITY; AND DECLARING AN EFFECTIVE DATE. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AWARDING A CONSTRUCTION CONTRACT TO CENTRAL TEXAS WATER MAINTENANCE, LLC FOR THE WELL SITE GENERATOR PROJECT; AUTHORIZING THE INTERIM CITY MANAGER TO EXECUTE THE CONTRACT DOCUMENTS ON BEHALF OF THE CITY AND DECLARING AN EFFECTIVE DATE. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, REPEALING RESOLUTION 2007 -167R APPROVING THE TERMS AND CONDITIONS OF AN ECONOMIC DEVELOPMENT AGREEMENT WITH THE SAN MARCOS CHAMBER OF COMMERCE; APPROVING THE TERMS AND CONDITIONS OF A REVISED AGREEMENT WITH THE SAN MARCOS CHAMBER OF COMMERCE FOR ECONOMIC DEVELOPMENT SERVICES; AUTHORIZING THE INTERIM CITY MANAGER TO EXECUTE THIS AGREEMENT ON BEHALF OF THE CITY AND DECLARING AN EFFECTIVE DATE. Mayor Narvaiz introduced for consideration Item 16, removed from the consent agenda, adoption of Ordinance on third and final reading, the caption which was read as follows: