05102004 Regular Meeting - Laserfiche WebLink

Home Browse Search

153., Regular Meeting May 10, 2004 Page 8 holiday. Mayor Habingreither stated he spent two days in Monclova and feels the City can benefit from this relationship. The Council then voted unanimously for adoption of the Resolution. Mayor Habingreither introduced for consideration Item 19, removed from the consent agenda, adoption of a Resolution, the caption which was read as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING AN AMENDMENT TO THE COMMUNITY DEVELOPMENT BLOCK GRANT ('~CDBG") FUNDED FIRST-TIME HOMEBUYER'S PROGRAM TO REMOVE THE TARGET AREA DESIGNATION; AND DECLARING AN EFFECTIVE DATE. Mr. Thomaides moved for adoption of the Resolution and Mr. Montoya seconded the motion. Mr. O'Leary stated this program begain on May 3, 2004 and within two days the City had handed out sixty applications. Ms. Narvaiz stated she feels this program will create positive development in neighborhOods. Linda Costley, Community Development Coordinator, stated she has received fifteen applications back and five of those have been sent to participating lenders. Mr. Montoya stated with interest rates going up he feels it is unfair to limit this program to certain areas of the City. Mayor Habingreither stated he feels this is a positive program. The Council then voted unanimously for adoption of the Ordinance on third and final reading. Mayor Habingreither introduced for consideration Item 23, removed from the consent agenda, adoption of a Resolution, the caption which was read as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, DECLARING A DEFAULT BY HAYS ENERGY, L.P., UNDER THE AMENDED AND RESTATED TAX ABATEMENT AGREEMENT BETWEEN THE CITY AND HAYS ENERGY L.P.; DIRECTING THE CITY MANAGER TO SEND NOTICE OF THE DEFAULT; AND DECLARING AN EFFECTIVE DATE. Mr. Taylor moved for adoption of the Resolution and Ms. Narvaiz seconded the motion. Mayor Habingreither stated a citizen has signed up to speak on this item. Jay Temple, Hays Energy, asked Council to table this item for 30 days. He stated the 30 days should give Hays Energy enough time to work out a deal with the City. He stated on February 3, 2004, a meeting was held with Mr. O'Leary and Rodney Gonzales to discuss the Tax Abatement Agreement. He stated one month later an audit was done to ascertain the number of employees. He stated Mr. Gonzales called to notify of default. He stated Hays Energy responded with an explanation and requested 30 days to provide a solution to their problem. Mr. Taylor stated Hays Energy is a $350 million dollar project with $1,567,500.00 in property taxes. He stated he supports giving Hays Energy the 30-day extension. Mr. Thomaides stated with the extension of 30-days, it will really total a 90-