03.19.19 Regular Meeting - Laserfiche WebLink

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City Council Meeting Minutes March 19, 2019 this project. Council Member Mihalkanin noted that all protections are in multiple documents and the restrictions and the requirements are tied to the land, and not just the owner. In the paper, there was an article that was titled most households struggle. We have been struggling for years to provide job and economic opportunities to our citizens. We need increase tax revenue and this will bring job opportunities. The runoff requirements are very strict with this agreement. The developer has worked with City Council and Staff to create a positive development. He stated he will be supporting this project and expressed his appreciation to Staff for their work. Mayor Hughson closed with comments and expressed her support of this project. This is a good opportunity for city and residents due to job creation. We have a responsibility as elected officials to those that live here now and for future residents. She stated that she has voted against bad projects in the past, and if she felt this was a bad project she would vote against it. However, with the recently adopted Land Development Code we have regulations to ensure water quality and they are among some of the strictest in the State. Council will make sure we adhere to these rules and it will be watched. Mayor Hughson asked staff, early in the process, to create a Frequently Asked Questions (FAQ) Sheet to include every question and provide a factual answer. She also noted the maps, agreements and other documents pertaining to this development have been placed on the City website homepage. It will create jobs and opportunities for those unemployed, under -employed, or driving to another City in traffic on a daily basis. Mayor Hughson thanked everyone that has provided constructive criticism to make this project better, Staff for their endless hours of work, to the developer, and to Council for listening to residents and thoughtfully making a decision. Council and Staff will keep a close eye on the entire process. A motion was made by Council Member Mihalkanin, seconded by Mayor Pro Tem Prewitt, to approve Resolution 2019-49R. The motion carried by the following vote: For: 6 - Mayor Pro Tem Prewitt, Council Member Gonzales, Council Member Derrick, Mayor Hughson, Council Member Mihalkanin and Council Member Rockeymoore Against: 1 - Council Member Marquez 14. Consider approval of Resolution 2019-26R (LIHTC-19-01 (Riverstone)), providing no objection to the submission of an application for low income housing tax credits to the Texas Department of Housing and Community Affairs for the proposed Riverstone Multifamily Housing Project located at 1430 Wonder World Drive; approving findings City of San Marcos Page 14