Res 2001-067 - Laserfiche WebLink

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the application, review comments and recommendation will be forwarded to the members of the City Council. After the review by the City Council members, additional information may be requested of the applicant. 3. All requirements of all federal, state and local law shall be followed. 4. Applications for incentives made to the City will be denied if the City finds that the application was filed after the commencement of construction, alteration or installation of improvements related to the proposed development or redevelopment. Section E. Approval of the Incentives by the City Council 1. If the City Council determines that it is in the best interest of the City of San Marcos to provide incentives to a particular applicant, a resolution shall be adopted approving the terms and conditions of a development incentive agreement with the applicant which will enumerate the types of incentives to be provided and the conditions which are applicable to them. 2. Any development incentive contract must include at least the follmving items: a. A description of each of the types of incentives to be provided and their duration. b. A legal description of the property in which the agreement will be operative. c. Detailed information regarding the type, number, location and cost of planned improvements. d. A plan which provides access to and inspection of the property and proposed improvements by City inspectors and officials to ensure that the improvements are made according to the requirements and conditions of the agreement. e. A provision limiting the uses of the property consistent with the general purpose of encouraging the development or redevelopment of the property during the period the development incentives are in effect. f. A method to provide for the recovery of all costs which are lost as a result of the agreement if the applicant fails to perform its obligations under the agreement. 3. Acceptance of incentives is contingent upon the project completing the development process and meeting the requirements of all applicable ordinances and codes. Section F. Duration of Guidelines The guidelines and criteria adopted herein shall be effective from the date they are adopted by the Council and shall remain in effect for two years unless otherwise amended by a majority vote or repealed by a three-fourths vote of the City Council.