05172005 Regular Meeting - Laserfiche WebLink

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Regular Meeting May 17, 2005 149. Page 5 town, and with the new system, all the lights will be interconnected and synchronized via a computer in the Engineering Department. He stated the City will be able to monitor how the lights are performing and make sure they remain synchronized. Mr. Thomaides stated the traffic lights in the City are one of the top rated problems on the Citizen Survey and now they are getting fixed. Mr. Taylor inquired as to the Memo dated April 22, 2005, regarding impacting 45 traffic signals instead of 59 traffic signals. Mr. O'Leary stated there are 45 intersections involved and the 59 number is the actual number of light signals. Laurie Anderson, Director of Engineering, stated the Memo is to clarify how the signals are counted, and there are 45 locations. She stated there are two intersections at each location with multiple signals. Mr. Bose inquired as to the Attachment E. Ms. Anderson stated the Uhland Road signal and the railroad crossing need to coordinate, since there is not a crossing gate. She stated Staff contacted TxDOT to see if there was a signal that would sense a train coming and would coordinate with the Post Road traffic light turning red and synchronize with the train signal in order to relieve Uhland Road traffict. She stated TxDOT stated the City will need to work with Union Pacific to install a train sensor on the railroad track. The Council then voted unanimously for adoption of the Resolution. Mayor Narvaiz introduced for consideration Item 14, 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 THE TERMS AND CONDITIONS OF A TAX ABATEMENT AGREEMENT BETWEEN THE CITY AND LINCOLN/MFIL RED OAK, LTD. FOR NEW COMMERCIAL RETAIL FACILITIES IN THE 2200-2300 BLOCKS OF IH-35 SOUTHi AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENTi AND DECLARING AN EFFECTIVE DATE. Mr. Mihalkanin moved for adoption of the Resolution, and Mr. Thomaides seconded the motion. Mr. O'Leary stated the City received a request from Lincoln Properties for development incentives for a proposed commercial retail facility on a 45 acre tract. He stated the Council directed Staff to negotiate a Tax Abatement Agreement, which includes the following: 1. Five year tax abatement for tax years 2007 through 2011, 2. Tax abatement is on 100% of the value of improvements completed as of December 31, 2006, and on increases in land value that occur after the agreement is executed, and 3. No job requirement for job creation or maintenance is proposed. Mr. Diaz inquired as to the road improvements in this area. Mr. O'Leary stated the improvements to Leah Avenue are currently in the CIP with a small amount of money set aside. He also stated the developers are responsible for the road. The Council then voted unanimously for adoption of the Resolution.