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226. Regular Meeting June 14, 2004 Page 8 Mayor Narvaiz introduced for consideration Item 18, removed from the consent agenda, adoption of an Ordinance on third and final reading, the caption which was read as follows: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AMENDING CHAPTER 14, BUILDINGS AND BUILDING REGULATIONS, OF THE SAN MARCOS CITY CODE, TO CHANGE THE INSURANCE AND TESTING REQUIREMENTS FOR BUILDING CONTRACTOR LICENSING; INCLUDING PROCEDURAL PROVISIONS. Mr. Taylor moved for adoption of the Ordinance on third and final reading, and Mr. Mihalkanin seconded the motion. Mr. Taylor stated he feels this Ordinance should be adopted. He stated other provisions regarding warranties for homebuilders will be considered in the near future. The Council then voted unanimously for adoption of the Ordinance on third and final reading. Mayor Narvaiz introduced for consideration Item 19, removed from the consent agenda, adoption of an Ordinance on third and final reading, the caption which was read as follows: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, ANNEXING TO THE CITY A TRACT OF LAND CONTAINING 594.128 ACRES, MORE OR LESS, LOCATED NORTHWEST OF THE 3100-3400 BLOCKS OF POST ROAD (AGUA TIERRA TRACT); APPROVING A SERVICE PLAN FOR THIS TRACT; AND INCLUDING PROCEDURAL PROVISIONS. Mr. Mihalkanin moved for adoption of the Ordinance on third and final reading and Mr. Taylor seconded the motion. Mr. Mihalkanin stated the applicant has r~quested this item be tabled. Mr. Mihalkanin moved to table the Ordinance until the next Regular Meeting scheduled June 28, 2004, and Mr. Thomaides seconded the rnotion, which passed unanimously. Mayor Narvaiz introduced for consideration Item 25, 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 A LETTER OF INTENT REGARDING PAYMENTS IN LIEU OF TAXES FOR THE PROPOSED WILLOW SPRINGS SENIOR RESIDENCE DEVELOPMENT IN THE 2600 BLOCK OF HUNTER ROAD; AND DECLARING AN EFFECTIVE DATE. Mr. Diaz moved for adoption of the Resolution and Mr. Mihalkanin seconded the motion. Mayor Narvaiz stated citizens have signed up to speak regarding this item. 1) Albert Sierra, Executive Director of the Housing Authority, encouraged the Council to support this Resolution. He stated Capital Area Housing Finance Corporation is expecting to issue bonds to finance this project and is requiring a letter of intent to indicate the