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09.19.2017 Regular Meeting
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09.19.2017 Regular Meeting
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City Clerk
City Clerk - Document
Minutes
City Clerk - Type
Regular Meeting
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9/19/2017
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City Council Meeting Minutes September 19,2017 <br /> A motion was made by Council Member Gregson, seconded by Council <br /> Member Derrick, to ratify the property tax rate reflected in the budget. The <br /> motion carried by the following vote: <br /> For: 7- Mayor Thomaides, Mayor Pro-Tern Hughson, Deputy Mayor Pro Tern Prewitt, <br /> Council Member Mihalkanin, Council Member Gonzales, Council Member Gregson <br /> and Council Member Derrick <br /> Against: 0 <br /> 25. Consider approval, by motion, of a letter agreement with Village Main San Marcos to <br /> provide $442,000 in funding from potential Best Buy sales tax revenue. <br /> Main Motion: a motion was made by Council Member Derrick, seconded by <br /> Council Member Mihalkanin to approve a letter agreement with Village Main <br /> San Marcos to provide $442,000 in funding from potential Best Buy sales tax <br /> revenue. <br /> Motion to Amend: a motion was made by Council Member Gregson, seconded <br /> by Mayor Thomaides, to amend this letter agreement by adding that an <br /> executed construction contract be in place before a specific start date of <br /> construction before payments will be made. The motion carried by the <br /> following vote: <br /> For: 7- Mayor Thomaides, Mayor Pro-Tem Hughson, Deputy Mayor Pro Tern Prewitt, <br /> Council Member Mihalkanin, Council Member Gonzales, Council Member Gregson <br /> and Council Member Derrick <br /> Against: 0 <br /> Main Motion: to approve this letter agreement as amended. The motion <br /> carried by the following vote: <br /> For: 7- Mayor Thomaides, Mayor Pro-Tern Hughson, Deputy Mayor Pro Tem Prewitt, <br /> Council Member Mihalkanin, Council Member Gonzales, Council Member Gregson <br /> and Council Member Derrick <br /> Against: 0 <br /> 26. Consider approval, by motion, of a letter agreement with CASA of Central Texas, Inc. to <br /> provide a reimbursement of a 10 year loan in the principal amount of $350,000 starting in <br /> Fiscal Year 2019. <br /> Main Motion: a motion was made by Council Member Mihalkanin, seconded <br /> by Deputy Mayor Pro Tem Prewitt to approve a letter agreement with CASA <br /> of Central Texas, Inc. to provide a reimbursement of a 10 year loan in the <br /> principal amount of$350,000 starting in Fiscal Year 2019. <br /> Motion to Amend: a motion was made by Council Member Gregson, seconded <br /> City of San Marcos Page 10 <br />
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