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City Council Meeting Minutes October 16,2018 <br /> For: 6- Mayor Pro Tern Prewitt,Council Member Gonzales, Deputy Mayor Pro Tern <br /> Gregson, Council Member Derrick, Mayor Thomaides and Council Member <br /> Mihalkanin <br /> Against: 0 <br /> Abstain: 1 - Council Member Hughson <br /> 30. Consider approval of Resolution 2018-184R, approving a Chapter 380 Economic <br /> Development Incentive Agreement with Katerra, Inc. to locate an Automated Building <br /> Component Manufacturing and Distribution Facility along State Highway 80 east of State <br /> Highway 21, which agreement provides incentives over ten years in the form of annual <br /> refunds of a portion of new property taxes generated from the facility and waives certain <br /> development standards; authorizing the City Manager to execute the agreement; and <br /> declaring an effective date. <br /> MAIN MOTION: a motion was made by Council Member Mihalkanin, <br /> seconded by Deputy Mayor Pro Tem Gregson,to approve Resolution <br /> 2018-184R. <br /> MOTION TO ENTER CLOSED SESSION: a motion was made by Mayor Pro <br /> Tern Prewitt, seconded by Council Member Mihalkanin,to enter into <br /> Executive Session,at 6:16 p.m., in accordance with Section 551.087 of the <br /> Texas Government Code—Economic Development in regards to a proposed <br /> Chapter 380 Economic Development Incentive Agreement with Katerra,Inc. <br /> The motion carried by the following vote: <br /> For: 7- Mayor Pro Tern Prewitt, Council Member Gonzales, Deputy Mayor Pro Tern <br /> Gregson, Council Member Derrick, Council Member Hughson, Mayor Thomaides <br /> and Council Member Mihalkanin <br /> Against: 0 <br /> Council reconvened into regular session at 6:26 p.m. <br /> MAIN MOTION: to approve Resolution 2018-184R after discussion in <br /> Executive Session. The motion carried by the following vote: <br /> For: 7- Mayor Pro Tern Prewitt, Council Member Gonzales, Deputy Mayor Pro Tem <br /> Gregson, Council Member Derrick,Council Member Hughson, Mayor Thomaides <br /> and Council Member Mihalkanin <br /> Against: 0 <br /> 31. Consider approval of Resolution 2018-201R, approving a Real Estate sales contract with <br /> Life Style Development, L.L.C. for the sale of approximately 29 acres of city land <br /> commonly known as the "Leah Tract" near IH-35 and Cottonwood Parkway for a price of <br /> $3,114,317.15; authorizing the City Manager or his designee to execute all documents as <br /> necessary to complete the sale of said property on behalf of the City; and declaring an <br /> effective date. <br /> City of San Marcos Page 13 <br />