Laserfiche WebLink
City Council Meeting Minutes July 21, 2015 <br />carried by the following vote: <br />For: 7 - Mayor Guerrero, Council Member Thomaides, Council Member Thomason, <br />Deputy Mayor Pro Tem Scott, Mayor Pro -Tem Prather, Council Member Prewitt <br />and Council Member Hughson <br />Against: 0 <br />21. Consider approval of Resolution 2015-94R approving a Chapter 380 Economic <br />Development Incentive Agreement with Amazon.com.kydc LLC, providing incentives <br />in the form of annual refunds of 85 percent of ad valorem taxes generated from <br />personal property and 40 percent of ad valorem taxes generated from real property <br />over ten years, with a possible extension for an additional five years, and a portion of <br />sales tax revenues over twenty years, to locate and operate a fulfillment center on <br />McCarty Lane; authorizing the City Manager to execute said agreement; and declaring <br />an effective date. <br />Main Motion: A motion was m,rte by Deputy Mayor Pro Tem Scott, seconded <br />by Council Member Thomaides, that Resolution 2015-94R be approved. <br />Lotion to Amend: A motion was made by Council Member Hughson, <br />seconded by Council Member Thomaides, that this Resolution be amended as <br />recommended in the version provided to the Council on July 21, 2015 by City <br />Manager Jared Miller. The motion carried by the following vote: <br />For: 7 - Mayor Guerrero, Council Member Thomaides, Council Member Thomason, <br />Deputy Mayor Pro Tem Scott, Mayor Pro -Tem Prather, Council Member Prewitt <br />and Council Member Hughson <br />Against: 0 <br />Main Motion: that Resolution 2015-94R be approved as amended. The moti <br />carried by the following vote: i <br />For: 7 - Mayor Guerrero, Council Member Thomaides, Council Member Thomason, <br />Deputy Mayor Pro Tem Scott, Mayor Pro -Tem Prather, Council Member Prewitt <br />and Council Member Hughson <br />Against: 0 <br />22. Consider approval of Resolution 2015-90R directing publication of Notice of Intention <br />to issue Certificates of Obligation; and other matters related thereto. <br />A motion was made by Deputy Mayor Pro Tem Scott, seconded by Mayor <br />Pro -Tem Prather, that Resolution 2015-90R be approved. The motion carried <br />by the following vote: <br />For: 7- Mayor Guerrero, Council Member Thomaides, Council Member Thomason, <br />Deputy Mayor Pro Tem Scott, Mayor Pro -Tem Prather, Council Member Prewitt <br />and Council Member Hughson <br />City of San Marcos Page 7 <br />