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<br />( cr .<1 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, AUTHORIZING THE MAYOR OF SAID <br />CITY TO EXECUTE AN AGREEMENT WITH THE SAN MARCOS <br />CONS0LIDATED INDEPENDENT SCHOOL DISTRICT FOR PAY- <br />MENT IN LIEU OF TAXES FOR TAX YEARS, 1966-1975, <br />SAID PAYMENT TO CONSIST OF CERTAIN CONSTRUCTION <br />AND MAINTENANCE COSTS PERTAINING TO PETER GARZA <br />LANE. <br /> <br />I <br /> <br />WHEREAS, the City of San Marcos desires to be released from pay- <br />ment of taxes, including principal and interest, to the San Marcos <br />Consolidated Independent School District for tax years 1966-1975 j' and <br /> <br />WHEREAS, the San Marcos Consolidated Independent School Disl:rict <br />desires to release said tax payments in lieu of certain construcl:ion <br />and maintenance costs incurred by the City pertaining to Peter Garza <br />Lane, now, therefore <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />Part 1. That the Mayor of the City of San Marcos, Texas, Dr. Emmie <br />Craddock, or her successor be, and is hereby, authorized to execute on <br />behalf of the City of San Marcos that certain contract attached hereto <br />and being incorporated herein for all intents and purposes. <br /> <br />Part 2. That this Resolution shall becin full force and effect <br />immediately from and after its passage. <br /> <br />ADOPTED this 25th day of April, A.D., 1977. <br /> <br />L~ <br /> <br />. Dr. Emmie Craddock <br />Mayor <br /> <br />I ]7;:; ~ <br /> <br /> <br />Dortss Hambrick, City Secretary <br /> <br />APPROVED: <br /> <br />~g~~ <br /> <br />Charles E. Evans, City Attorney <br /> <br />I <br />