08241987 Regular Meeting - Laserfiche WebLink

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223 Regular Meeting August 24, 1987 Page 7 Mr. Hernandez moved to reconvene at 9:26 p.m. and Ms. Kissler seconded the motion, which passed unanimously. Ms. Kissler moved the Council remove from the table consideration of the adoption of a Resolution regarding CTHEA, which caption appears on Page 6 of these Minutes, and Mr. Guerra seconded the motion, which passed unanimously. Mr. Guerra moved for adoption of the Resolution and Ms. Kissler seconded the motion. Mr. Farr moved to amend the Resolution as read into the record by Mr. Eankins as follows: SECTION 2. (a) "Resolve that CTHEA will issue no further bonds unless and until the Internal Revenue Ser- vice issues a private letter ruling holding that CTEEA's payment of all or any part of its income and funds over to the City of San Marcos will have an adverse effect on the tax exempt status of the interest on CTHEA's previously issued bonds;" (b) "Amend the CTHEA articles of incorporation and bylaws to provide as they did prior to the 1987 amendments to those documents; or amend the CTHEA bylaws and articles of incorporation to provide as they did prior to the 1987 amendments to those documents ef- fective on the date of receipt of a private ruling request which is fa- vorable to the City if this alternate procedure is deemed acceptable by City's bond counsel; and," (c) . . ., (d) "If a private letter ruling request has been sent to IRS by C'l'HEA or its attorneys as of the effective date of this resolution, a copy shall be furnished to the City immediately," . . . and in SECTION 4. change "September 4" to "August 28" . . . ., and Mr. Guerra seconded the motion, which passed unanimously. The Council then voted unanimously for adoption of the Resolution. Mayor Younger introduced a discussion regarding the creation of a Prospect Welcoming Task Force. The Council discussed the possiblity of the Mayor and one or two Council Members, the City Manager and whatever Staff repre- sentatives were needed to be involved in answering questions of prospect- ive businesses coming to San Marcos. Mr. Hankins advised less than a quorum of Council Members could be involved in such a Task Force which discusses public business unless notice is posted. Dan Graham stated there is a need for confidentiality when negotiating with businesses for a period of time, but that he is in favor of a group from the City being involved. Mr. Guerra stated he would like to see the development of a floating task force to involve all Council Members by rotation and stated the bottom line in the City's involvement will be to bring more jobs to San Marcos. Mr. Guerra stated he would like the Mayor to always be one of the three from the Council serving on the Task Force since he represents the City on the Economic Development Council. Dan Graham stated he would like to see Fred Guerra be involved on the Task Force when the Mayor is unable to since Mr. Guerra also serves on the Economic Development Council (as the Hispanic Chamber of Commerce's representa- tive) . Mayor Younger introduced a discussion regarding Dan Graham presenting Economic Development Council information to the City Council on a monthly basis. Mr. Graham was in favor of making the reports and will do so the second regular meeting of each month. Mayor Younger introduced a discussion regarding the City of San Marcos' Employee Group Survey. Mr. Farr stated it was difficult for look at raises at this time for the City. Mr. Guerra stated he would be willing for the Council to discuss pay raises at the August 26 Workshop. Mayor Younger stated the Staff should look into why the different issues of the survey have results in high and low points to determine why.