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67 Regular Meeting June 8, 1987 Page 6 Consider adoption of Ordinances on third and final reading: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AMENDING CHAPTER 29 OF THE SAN MARCOS CODE OF ORDINANCES BY THE ADDITION OF A TOW-AWAY ZONE AT THE ENTRANCE OF RIO VISTA PARK A/K/A REYNOLDS STREET AND ESTABLISHING AN EFFECTIVE DATE. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AMENDING THAT ORDINANCE ADOPTED SEPTEM- BER 8, 1986, WHICH SET FORTH AN ITEMIZED ESTIMATE OF THE EXPENSE OF CONDUCTING EACH ADMINISTRATIVE UNIT OF THE MUNICIPAL GOVERNMENT OF SAID CITY FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1986 AND ENDING ON SEPTEM- BER 30, 1987, AND APPROPRIATED MONEY FOR THE VARIOUS FUNDS AND PURPOSES OF SUCH ESTIMATE, TO REVISE SAID ESTIMATES AND TO REAPPROPRIATE SAID FUNDS, ADOPTING SAID REVISIONS AND ESTIMATES, AND DECLARING AN EFFECT- IVE DATE. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AMENDING CHAPTER 26 OF THE CODE OF ORDINANCES OF THE CITY OF SAN MARCOS, TEXAS, BY ADD- ING AN ARTICLE TO BE NUMBERED IV TO SAID CHAPTER RE- LATING TO TAXATION OF TELECOMMUNICATION SERVICES; MAKING THIS ORDINANCE CUMULATIVE; PROVIDING FOR A SEVERABILITY CLAUSE; PROVIDING FOR PUBLICATION; AND DECLARING AN EFFECTIVE DATE. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AMENDING CHAPTER 26, SECTION 19(b), "TAXATION," OF THE SAN MARCOS CODE OF ORDINANCES TO PROVIDE FOR THE PAYMENT OF LATE CHARGES FOR THE HOTEL- MOTEL TAX AND ESTABLISHING AN EFFECTIVE DATE. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AMENDING SECTION 9-2(D), EXAMINING AND SUPERVISING BOARD OF ELECTRICIANS, OF CHAPTER 9 OF THE CODE OF ORDINANCES OF SAID CITY TO INCREASE THE AMOUNT OF THE BOND FOR LICENSING OF MASTER ELECTRI- CAL CONTRACTORS FROM ONE THOUSAND DOLLARS ($1,000.00) TO FIVE THOUSAND DOLLARS ($5,000.00) TO GUARANTEE LICENSEES' FULL COMPLIANCE WITH THE ORDINANCE OF THE CITY OF SAN MARCOS, TEXAS, REGULATING INSTALLATION AND REPAIR OF ELECTRICAL WIRING AND APPARATUS; AND DECLARING AN EFFECTIVE DATE. Mayor Younger introduced for consideration adoption of a Resolution, the caption which was read as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF A PROPOSED AGREEMENT BETWEEN SAID CITY AND SHEPHERD ENTERPRISES, INC., PROVIDING FOR THE ALLOCATION OF LOW-INCOME RENTAL UNITS IN AN APARTMENT PROJECT IN THE CITY OF SAN MARCOS TO BE BUILT WITH 8 MILLION DOLLARS OF PRIVATE ACTIVITY BONDS TO BE ISSUED BY THE CAPITAL AREA HOUSING FINANCE CORPORATION, AUTHOR- IZING THE MAYOR TO EXECUTE SAID AGREEMENT AND OTHER DOCUMENTS, AND DECLARING AN EFFECTIVE DATE.