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<br />within the Reinvestment Zone Area are found to be feasible and practical and would be a benefit to <br />the land to be included in the Reinvestment Zone Area and to the City after a tax abatement <br />agreement covering the development of property in the Reinvestment Zone Area has expired. <br /> <br />SECTION 4. The City designates the Reinvestment Zone Area as San Marcos Reinvestment <br />Zone No. 21 for tax abatement purposes under Chapter 312 of the Texas Tax Code. <br /> <br />SECTION 5. All ordinances and resolutions or parts of ordinances or resolutions in conflict <br />with this ordinance are repealed. <br /> <br />SECTION 6. If any word, phrase, clause, sentence, or paragraph ofthis ordinance is held to <br />be unconstitutional or invalid by a court of competent jurisdiction, the other provisions of this <br />ordinance will continue in force if they can be given effect without the invalid portion. <br /> <br />SECTION 7. The importance of this Ordinance creates an emergency and an imperative <br />public necessity, and the provisions of the Charter requiring that ordinances be presented at three <br />separate meetings, and that ordinances do not take effect until ten days after the date of final passage <br />are suspended, and this Ordinance will take effect upon publication of notice of its adoption in a <br />newspaper of general circulation within the City. <br /> <br />PASSED, APPROVED AND ADOPTED on September 6, 2005 <br /> <br />, <br /> <br />~tl~ <br /> <br />Susan Narvaiz <br />Mayor <br /> <br />A;{y~0/md/ <br /> <br />J:Jr{~. Womack <br />City Clerk <br /> <br />Approved: <br /> <br />~@>.~~ <br /> <br />Mark B. Taylor"""'-- () <br />City Attorney <br /> <br />PUBLISHED IN THE SAN MARCOS DAILY RECORD ON SUNDAY, DECEMBER 18, 2005. <br />