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<br />I <br /> <br />I <br /> <br />I <br /> <br />162. <br /> <br />T AX ABATEMENT AGREEMENT BETWEEN THE CITY OF SAN MARCOS <br />AND THE TEXAS HIGH SCHOOL COACHES ASSOCIATION FOR DEVELOPMENT <br />OF OFFICE FACILITY <br /> <br />ThIS tax abatement agreement (thIS "Agreement") IS entered mto between the CIty of San <br />Marcos, Texas (the "CIty"), a Texas mumclpal corporatIOn, and The Texas High School Coaches <br />ASSOCiatIOn, Inc. (the "ASSOCiatIOn"), a nonprofit corporatIOn. <br /> <br />PART 1. GENERAL PROVISIONS <br /> <br />Section 1.01. ThIS Agreement IS authonzed and governed by the Property Redevelopment <br />and Tax Abatement Act (Chapter 312 of the Texas Tax Code), and by the CIty'S EconomIc <br />Development IncentIves Pohcy (the "Pohcy") <br />Section 1.02. The ASSOCiatIOn owns the 1 36 acre, more or less, tract of property (the <br />"Property") known as Lot 19-A ofthe Mumclpal AIrpOrt SubdIVISIOn, as depIcted on the plat of that <br />lot recorded at Volume _, Page _ of the Plat Records of Hays County, Texas. The Property IS <br />located m the 2500-2600 blocks ofIH-35 South m San Marcos, Hays County, Texas. The Property <br />meets the ehgiblhty cntena for tax abatement under the Pohcy The Property IS sItuated wlthm the <br />CIty of San Marcos Remvestment Zone No 19 desIgnated by separate ordmance by the CIty Council. <br />Section 1.03. The Property IS not part of an Improvement project financed WIth tax <br />mcrement bonds. <br /> <br />Section 1.04 ThIS Agreement IS subject to the nghts of the holders of outstandmg bonds of <br />the CIty <br />Section 1.05. The Property IS not owned or leased by any member of the San Marcos CIty <br />CouncIl or any member of the CIty Plannmg and Zomng CommISSIOn. <br />Section 1.06. The ASSOCIatIOn agrees to ensure that all of the Improvements described below <br />wIll conform to all apphcable CIty ordmances and regulatIOns, mcludmg but not hmlted to the CIty'S <br />Master Plan, and Chapter 14-Bmldmgs and Bmldmg RegulatIOns, and Chapter 86, UtIlItIes, of the <br />San Marcos CIty Code, and Chapter 1, Procedures, Chapter 4, Zomng RegulatIOns, Chapter 5, <br />EnvIronmental RegulatIOns, Chapter 6, Development Standards, and Chapter 7, Pubhc FacIlItIes <br />Standards, of the CIty Land Development Code <br />PART 2. PROPERTY IMPROVEMENTS <br /> <br />Section 2.01. The ASSOCiatIOn mtends to construct a new state headquarters office faclhty <br /> <br />1 <br />