Ord 2020-046/amending the project plan and reinvestment zone financing plan for Tax Increment Reinvestment Zone No. 5, also known as the “Downtown TIRZ,” generally bounded by Concho Street, Moore Street, North Street, Comanche Street, Shady Lane, Frederic

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Final Draft 04.29.2020 Location As proposed, Zone No. 5 extends from Texas State University tothe North, to |H-35tnthe South, CMAllen and McKie onthe East and several blocks tothe West. All of the land within proposed Zone No. 5 is part of the Charter District -5 Downtown (CD -5D) and currently includes a number of different types of uses including commercial, retail, restaurants, residential and offices within the boundaries. As provided in the April 1, 2010 economic analysis prepared for the City by Urban Advisors for the current Downtown Master Plan, the City's goal is to encourage a mix of new uses to accommodate additional housing, office space, retail, transportation, safety and parking facilities. Designation of Zone No. 5assists the City inimplementing the Downtown Master Plan and projects brouQhtforth through future master plans. Project Overview and Project Costs 1. Infrastructure supporting cohesive redevelopment Zone No. 5 tax increment revenues shall be made available to facilitate investment in infrastructure or other improvements allowed by law that facilitate the following potential projects. This Project andFinanceP|anvvi||beannendedosrnayberequiredby|avvtoaccnnonnndoteaddiUona| uses ofthe tax increment revenues within Zone No. 5: a. Projects that support multi -modal transportation and mobility including sidewalks and downtown shuttle services. b. Overall enhancement of the downtown area including but not limited to lighting, safety and other aesthetic features. u. Acquisition of property for parking and other public priorities with the amounts allocated to include the required operation and maintenance costs. Table 1 - Proposed Project Costs This Table 1 summarizes the currently anticipated Project Costs to be financed within Zone No. 5. Citv of Snn Marcos Zone No. 5 Project Plan and Financing Plan 5 ESTIMATED ITEM Proposed Activity ZONE NO. 5 PROJECT COSTS 1 Multi -modal transportation/mobility including $1,350,000 sidewalks and shuttle services 2 overall enhancement of downtown including $829,612 lighting, safety, and other aesthetic features 3 Acquisition of property for parking and other $2,000,000 public priorities and related operations and I I maintenance costs I I TOTAL ESTIMATED PROJECT COSTS: $4,179,612 This Table 1 summarizes the currently anticipated Project Costs to be financed within Zone No. 5. Citv of Snn Marcos Zone No. 5 Project Plan and Financing Plan 5