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Regular Meeting <br /> <br />May 10, 2004 <br /> <br /> 154. <br />Page 9 <br /> <br />day extension. Mr. 0'Leery stated a default on their credit could damage <br />Hays Energy if they need to refinance. Mr. Mark Taylor stated an impact <br />of declaration of default might also be an impact on the City as well. <br />Mr. Thomaides moved to table until the Regular Meeting on June 14, 2004 <br />and Ms. Narvaiz seconded the motion, which passed unanimously. <br /> <br />Mayor Habingreither introduced for consideration Item 24, removed from the <br />consent agenda, adoption of a Resolution, the caption which was read as <br />follows: <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, <br />APPROVING AN EARNEST MONEY CONTRACT WITH DIANE SANDERS FOR THE <br />PURCHASE OF LOTS 1 AND 2, BLOCK 10 OF CONWAY ADDITION III FOR <br />PARKLAND PURPOSES; AND DECLARING AN EFFECTIVE DATE. <br /> <br />Mr. Thomaides moved for adoption of the Resolution and Mr. Taylor seconded <br />the motion. Ms. Narvaiz stated Diane Sanders is a friend of hers and she <br />would be abstaining (she left the Chambers). Mr. Thomaides inquired where <br />the park would be. Rodney Cobb, Director of Parks and Recreation, stated <br />this park would be located at the corner of Bliss and Conway. On roll <br />call the following vote was recorded: <br /> <br />AYE: <br /> <br />Thomaides, Habingreither, Montoya, Taylor and Diaz. <br /> <br />NAY: None. <br /> <br />ABSTAIN: Narvaiz. <br /> <br />Mayor Habingreither introduced for consideration Item 26, removed from the <br />consent agenda, adoption of a Resolution, the caption which was read as <br />follows: <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, <br />APPROVING AN AGREEMENT BETWEEN THE CITY, SAN MARCOS REINVESTMENT <br />CORPORATION AND HUNTER ROAD AFFORDABLE HOUSING, LP, FOR PAYMENTS IN <br />LIEU OF TAXES FOR THE WILLOW SPRINGS SENIOR RESIDENCE DEVELOPMENT IN <br />THE 2600 BLOCK OF HUNTER ROAD; AND DECLARING AN EFFECTIVE DATE. <br /> <br />Mr. Montoya moved for adoption of the Resolution and Mr. Diaz seconded the <br />motion. Mr. Montoya moved to table this item until May 24, 2004, and Mr. <br />Diaz seconded the motion. On roll call the following vote was recorded: <br /> <br />AYE: <br /> <br />Narvaiz, Thomaides, Habingreither, Montoya and Diaz. <br /> <br />NAY: Taylor. <br /> <br />ABSTAIN: None. <br /> <br /> <br />