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Res 2019-049/approving an agreement with Texas Transportation Alliance, LLC that provides for economic development incentives for the planning, design, and development of a rail-served commercial and industrial park, known as the SMART Terminal project,
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Res 2019-049/approving an agreement with Texas Transportation Alliance, LLC that provides for economic development incentives for the planning, design, and development of a rail-served commercial and industrial park, known as the SMART Terminal project,
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4/29/2019 10:22:33 AM
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3/26/2019 9:30:16 AM
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Resolutions
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Agreement
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2019-49
Date
3/19/2019
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Developer or Future Owner executing the project an amount up to their pro rata <br />share of costs from any impact fees collected in relation to the Water Impact Fee <br />Project in compliance with Section 86.300 of the San Marcos City Code. The City <br />shall be responsible for acquiring all off-site easements or land associated with the <br />Water Impact Fee Project. However, the Developer, with the City's approval, may <br />acquire any required off-site easements or land, in which event the City will <br />reimburse the Developer for the cost of such acquisitions within 30 days of the <br />Developer presenting invoices to the City for the cost thereof. <br />2. Wastewater Impact Fee Project. <br />i. Design. Within 60 days after the City of San Marcos' Gary <br />Job Corps lift station has reached its maximum capacity, the Developer shall <br />have entered into a contract for the design of the Wastewater Impact Fee <br />Project. The final design and specifications are subject to approval by the <br />City in accordance with applicable ordinances and engineering standards of <br />the City. <br />ii. Construction. Within 360 days after receipt of final <br />approvals from all authorities having jurisdiction over the design of the lift <br />station and force main design(s) and acquisition of all necessary offsite <br />easements and rights-of-way for the construction of said lift station and <br />force main, the Developer shall commence construction of the lift station <br />and force main improvements in accordance with the plans and <br />specifications approved by the City. The Developer shall complete <br />construction no later than two years from the date of commencement. <br />9 <br />065611.00495 309237v15 <br />
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