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RESOLUTION NO.2024-152R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING A ONE-YEAR EXTENSION OF THE <br /> CITY'S CONTRACT WITH THE GREATER SAN MARCOS <br /> PARTNERSHIP ("GSMP") IN THE AMOUNT OF $320,000.00 FOR <br /> ECONOMIC DEVELOPMENT SERVICES AND AUTHORIZED <br /> EXPENSES, AND THAT ELIMINATES THE PROVISION OF BUSINESS <br /> RETENTION AND EXPANSION SERVICES FROM THE SCOPE OF <br /> SERVICES UNDER THE CONTRACT; AUTHORIZING THE CITY <br /> MANAGER, OR HER DESIGNEE, TO EXECUTE SUCH CONTRACT <br /> EXTENSION; AND DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The attached one-year extension of the city's contract with the Greater San <br /> Marcos Partnership ("GSMP") in the amount of$320,000.00 for economic development services <br /> and authorized expenses is hereby approved. <br /> PART 2. The City Manager, or her designee, is authorized to execute the contract <br /> extension on behalf of the City. <br /> PART 3. This resolution shall be in full force and effect from and after its adoption. <br /> ADOPTED on August 20, 2024. /I <br /> V <br /> Jane Hughson <br /> Mayor <br /> Attest: <br /> Elizabeth Trevino <br /> City Clerk <br />