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• RESOLUTION NO. 2010-53R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SAN MARCOS, TEXAS, RATIFYING AND <br />AUTHORIZING THE SUBMITTAL OF A JOINT GRANT <br />APPLICATION WITH TEXAS STATE UNIVERSITY -SAN <br />MARCOS TO THE ECONOMIC DEVELOPMENT <br />ADMINISTRATION (EDA) FOR A MAXIMUM GRANT <br />AWARD OF $1,500,000.00 FOR CONSTRUCTION OF <br />FACILITIES AND INFRASTRUCTURE RELATED TO THE <br />UNIVERSITY'S PLANNED RESEARCH AND <br />COMMERCIALIZATION CENTER; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The submittal of a joint grant application with Texas State University -San <br />Marcos to EDA for a maximum grant amount of $1,500,000.00 for construction of facilities and <br />infrastructure related to the University's Research and Commercialization Center is hereby <br />ratified and authorized. <br />• PART 2. The City Manager, or his designee, is authorized to execute any necessary <br />documents relating to the grant application. <br />PART 3. This Resolution shall become effective immediately from and after its passage. <br />ADOPTED on March 23, 2010. <br />Susan Narvaiz <br />Mayor <br />Atte : <br />berry MasQurn <br />City Clerk <br />• <br />