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RESOLUTION 2011 -109R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF <br />AN INTERLOCAL AGREEMENT BETWEEN HAYS COUNTY AND THE <br />CITY OF SAN MARCOS RELATED TO THE PROPOSED SAN <br />MARCOS, TEXAS TAX INCREMENT REINVESTMENT ZONE NO. 4 <br />PROVIDING FOR THE COUNTY TO MAKE PAYMENTS TO THE CITY <br />OF A PORTION OF THE COUNTY'S TAX INCREMENT REVENUES <br />FROM INCREASED PROPERTY VALUES IN THE ZONE; <br />AUTHORIZING THE CITY MANAGER TO EXECUTE THIS <br />AGREEMENT ON BEHALF OF THE CITY; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Interlocal Agreement between Hays County and the City of <br />San Marcos Related to San Marcos, Texas Tax Increment Reinvestment Zone No. 4 (the <br />"Agreement ") is approved. <br />PART 2. The City Manager is authorized to execute the Agreement on behalf of the <br />City. <br />PART 3. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED on September 20, 2011. <br />i <br />aniel Guerrero <br />Mayor <br />Attest: <br />e Lee Pettijohn <br />City Clerk <br />