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City Council <br />Meeting Minutes February 4, 2020 <br />Lantana on Bastrop (Rattler Road) development meets the selected criteria ( 6 <br />of 9) and proposes to <br />partner with San Marcos Housing Authority, a local governmental entity which <br />qualifies for tax <br />exemptions. Criteria 1 ( e) as adopted by resolution #20 19-209R on November <br />6, 20 19 ensures that <br />revenues generated by this partnership remain in the City. On January 13, <br />2020 the LIHTC committee met with the developers of Rattler Road and <br />suggested that Payment in Lieu of Taxed (PILOT) be considered. <br />On January 24, 2020 Victor Miramontes (Mission DG) replied with an email <br />and responded that a <br />nominal amount of $11,000 would be the best that could be paid. Please refer <br />to the attached email which states their position. On February 4, 2020 the <br />council will consider whether to issue a letter of no <br />objection for Rattler Road. <br />We as a Board of the San Marcos Housing Authority encourage your approval <br />for this project. Any <br />further delays would essentially cause this project to fail. Failure would result <br />in the loss of affordable <br />units to our community, the loss of potential revenue for the San Marcos <br />Housing Authority and of course a loss of investment for the developer. All <br />parties involved including the City have acted in good faith. We encourage <br />their type of partnerships because it benefits the residents of our City who need <br />affordable housing. Your favorable vote is appreciated. <br />Mark Tolley, spoke as the developer of Lantana on Bastrop during the last two <br />months and back to the Housing Committee, we have listened to the concerns <br />and worked with the City Manager's office and the Planning staff to answer <br />questions and we substantially modified our proposal. The project is a <br />groundbreaking and partnership with San Marcos Housing Authority that will <br />benefit the Housing Authority and the citizens of San Marcos in search quality <br />and long-term and affordable housing. Stated he is available to answer <br />questions along with his partner Mr. Miramontes. <br />Lisa Marie Coppoletta, spoke on leadership, is confused on why are you <br />passing exorbitant salaries, created a new position Chief of Staff position, how <br />many cops and firefighters we could have hired for a Chief of Staff that was <br />never in her office. Her background is in HR, beautiful voice and is very <br />personable and hard working. But qualifications is what we need when we have <br />City of San Marcos Page 4 <br />