Res 2005-022 - Laserfiche WebLink

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I I I Economic Development Incentives Policy February, 2005 Page 4 a. Expansion of the local tax base b Creation of permanent full time employment opportunities The number and types of jobs to be created or retained (full time vs. part time) and whether or not benefits for employees will be provided. c. Whether high quality architecture and site design including landscaping and public amenities beyond the minimum required by the City Code will be provided d. Whether City utilities will be used e. The types and cost of public improvements (e g streets, water, wastewater, drainage) and services (e.g fire, police) which will be required of the City f The types and value of public improvements which will be made by the applicant. g The financial capacity of the applicant to undertake and complete the proposed project. h Appropriate type of activity (e.g office, retail, etc.) i. The market conditions and growth potential for the business activity j. The method or methods which will be available to recapture property tax revenue lost as a result of entering into a tax abatement agreement with the applicant if the applicant fails to fulfill its responsibilities under the agreement. k. The amount of time necessary to complete the project and create the jobs which are to be provided by the applicant. I. The extent to which the proposed project carries out the goals and objectives of the City's Master Plan. m. An analysis of the costs of the incentives requested to be provided by the City versus the benefits provided to the City by the Company's expansion or relocation. n. Other incentive programs for which the applicant has applied or is qualified o Any other factors the City Council finds helpful and relevant to accomplishing the City's economic development objectives. Nothing in this these policies, procedures or the application form shall imply or suggest, or be construed to imply or suggest that the City of San Marcos is under any obligation to provide any incentive to any applicant. All applicants for tax abatement and / or other economic development incentives shall be considered on an individual basis. Description of Incentives Construction Incentives Facilitation of Permits The City of San Marcos is eager to work with companies locating or expanding in the city and its staff will make every effort to expedite the permitting process and, when possible, meet necessary timelines. Fee Waivers. The City is willing to consider the reduction or elimination of fees including impact fees, building permit fees, inspection and contractor's fees, site development permit fees and processing fees for platting, zoning and land use applications.