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138 <br />Regular Meeting February 22, 1999 <br />Page 3 <br />SERVICE PLAN FOR THIS TRACT; PROVIDING FOR PUBLICATION AND <br />DECLARING AN EFFECTIVE DATE. <br />Ms. Hughson moved for approval of the ordinance on first reading <br />and Mr. Hernandez seconded the motion, which passed unanimously. <br />Mr. Cox introduced for consideration approval of an Ordinance on <br />second reading, the caption which was read as follows: <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, APPROVING THE ABANDONMENT OF THE ALLEYWAY ADJACENT <br />TO LOT lA, BLOCK 2 OF THE B. F. DONALDSON ADDITION LOCATED <br />BETWEEN THAT LOT AND THE UNION PACIFIC RAILROAD RIGHT-OF- <br />WAY; APPROVING THE CONVEYANCE OF THIS ALLEYWAY TO CAPITAL <br />AREA RURAL TRANSPORTATION SYSTEM; AUTHORIZING THE CITY <br />MANAGER TO EXECUTE A DEED; AND DECLARING AN EFFECTIVE DATE. <br />Mr. Hernandez moved for approval of the Ordinance on second <br />reading and Mr. Mihalkanin seconded the motion. Discussion <br />ensued by the Council regarding the location of this multi-modal <br />facility, the timing of CARTS' project and the proximity to the <br />City's location of a proposed parkway. Mr. Patterson advised <br />there is no need to retain the alleyway for a future parkway, <br />and the main difficulty of a parkway locating in this area would <br />be two railroad crossings. He suggested that a parkway might be <br />able to be located further South. Mr. David Marsh of CARTS <br />stated they were at the stage of final site development for this <br />development, they have owned the property for one year and have <br />entered contractually with Greyhound to have the facility by <br />February, 2000. Mr. Patterson advised CARTS has prepared a site <br />plan but has not formally gone through the City's process. The <br />Council stressed the need for the City and CARTS to <br />cooperatively work together. Mr. Patterson stated CARTS was <br />interested in this site prior to the Bond Committee's <br />recommendation of the Gravel Street Parkway. Mr. Mihalkanin <br />expressed concern for the traffic impact this location would <br />have on the City and that not enough effort was made by CARTS to <br />work closely with the City on selecting the location. The <br />Council expressed support for the CARTS' facility and directed <br />Staff continue to get the sentiment of the Gravel Street <br />residents and to look for other parkway possibilities. The <br />Council then voted unanimously for approval of the Ordinance on <br />second reading. <br />Mr. Cox introduced for consideration adoption of a Resolution, <br />the caption which was read as follows: <br />A RESOLUTION APPROVING THE RESOLUTION ADOPTED BY THE CITY <br />OF SAN MARCOS INDUSTRIAL DEVELOPMENT CORPORATION RELATING <br />TO THE ISSUANCE, SALE AND DELIVERY OF ITS ADJUSTABLE RATE <br />DEMAND INDUSTRIAL DEVELOPMENT REVENUE BONDS (T. B. WOOD'S <br />INCORPORATED PROJECT), SERIES 1999, IN THE PRINCIPAL AMOUNT <br />OF $3,000,000 TO FINANCE A PROJECT FOR THE BENEFIT OF T. B. <br />WOOD'S INCORPORATED; AND OTHER MATTERS IN CONNECTION <br />THEREWITH. <br />Mr. Mihalkanin moved for adoption of the Resolution and to amend <br />to attach Exhibit A, a certified copy of the minutes of the City <br />of San Marcos Industrial Development Corporation's meeting of <br />Friday, February 19, 1999 and Exhibit B, a copy of the Bond