10.20.20 Work Session - Laserfiche WebLink

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Tuesday, October 20, 2020 City of San Marcos Meeting Minutes City Council 3:00 PM This meeting was held using conferencing software due to COVID-19 rules. I. Call To Order With a quorum present, the work session of the San Marcos City Council was called to order by Mayor Hughson at 3:04 p.m. Tuesday, October 20, 2020. The meeting was held online. 11. Roll Call Virtual Meeting Present: 7 - Council Member Melissa Derrick, Mayor Jane Hughson, Mayor Pro Tem Ed Mihalkanin, Council Member Joca Marquez, Deputy Mayor Pro Tem Mark Rockeymoore, Council Member Maxfield Baker and Council Member Saul Gonzales PRESENTATIONS 1. Receive a Staff presentation, hold discussion, and receive direction from the City Council regarding the review and evaluation of the effectiveness of financial incentives as it relates to residential development (Resolution 2015-165R). Bert Lumbreras, City Manager recused himself from this presentation due to his residence at Kissing Tree. Joe Pantalion, Assistant City Manager, provided a brief update regarding the effectiveness of financial incentives as it relates to residential development. Mr. Pantalion provided the following timeline on the incentives for various developments: In 2015, the City had recently approved or facilitated incentives for multiple residential developments including Blanco Vista; Highpointe/Trace; La Cima; Paso Robles, now known as Kissing Tree; and Whisper. Mr. Pantalion mentioned the City's financial advisors recommended the city monitor the rate at which the market absorbs the already incentivized housing units and evaluate if incentives are necessary to attract more residential development. In November 2015, City Council passed a Resolution directing City staff to not accept any applications for financial incentives for residential development for a period of five years in order to evaluate those developments that had already City of San Marcos Page 1