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<br />196 <br /> <br />special meeting, july 30, 1979 <br /> <br />page two <br /> <br />The Mayor read the caption of a Resolution as follows: <br /> <br />A RESOLUTION AUTHORIZING THE CREATION OF THE CITY OF SAN <br />MARCOS INDUSTRIAL DEVELOPMENT CORPORATION AS AN INSTRU- <br />MENTALITY OF THE CITY OF SAN MARCOS; APPROVING TWO SEPARATE <br />AGREEMENTS TO ISSUE BmDS; AND CONTAINING OTHER PROVISIONS <br />RELATING TO THE SUBJECT. <br /> <br />4pe~t(~.N Carolyn Truesdell, attorney for Stewart and Stevenson ~areRt <br />c' eeHlj3aRY sf R~Ele:Y !1aR~f:agtm.i,,'J l"'~wF:any), came"before the Council I <br />~)j/H~ to explain the procedures involved. Mr. James moved to accept a <br />petition (attached and made a part of these minutes) calling for <br />the creation of the City of San Marcos Industrial Development <br />Corporation be accepted. Mr. Sutton seconded the motion, which <br />passed unanimously. Mr. Tenorio moved the Resolution described <br />above be adopted. Mr. James seconded the motion. Ms. Truesdell <br />informed the Council that the Agreement to Issue Bonds mentioned <br />in the contract had not yet been approved by Butler Manufacturing. <br />Mr. Hyatt requested the motion to adopt the Resolution be amended <br />to refer only to Stewart and Stevenson and that the reference to <br />the agreement with Butler Manufacturing Company be stricken. The <br />amendment was accepted and the motion passed unanimously. <br /> <br />The meeting adjourned at 6:35 p.m. on motion of Mr. James and <br />second of Mr. Tenorio. <br /> <br />kd~r~ <br />~zc;:"~~~ <br />e~J~ <br /> <br />Council Member <br /> <br />;;;: ~ <br /> <br />Doriss Hambrick <br />City Secretary <br /> <br />~.q!i~ <br />J~~~/ ~ a ) <br />~~ca~ <br /> <br />Council ~er ~ <br /> <br />~~~ <br /> <br />CO~Cil Member <br /> <br />;/.b,;./6;:::J.u..~ <br />Gil ert G. Tenorio <br />Council Member <br /> <br />I <br /> <br />I <br />