11152011 Regular Meeting - Laserfiche WebLink

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agreement on behalf of the City; confirming the City's intention to no_ t annex the subdivisions immediately adiacent to the Paso Robles Development and the City's willingness to enter into Development Agreements to defer annexation of said subdivisions for a period of ten years; and declaring an effective date MOTION: Upon a motion made by Council Member Scott and a second by Council Member Terry the City Council voted (5) for and (0) opposed (1) abstention, Council Member Prather abstain to avoid the appearance of impropriety, to approve Resolution 2011 -142R, as previously captioned. The motion carried unanimously. 27. Consider approval of Resolution 2011 -143R concerning a Reimbursement Agreement with Carma Paso Robles. LLC and a Preliminary Proiect Plan and Reinvestment Zone Financing Plan for the proposed San Marcos, Texas Tax Increment Reinvestment Zone No 4 in connection with the Paso Robles Development at Hunter and Centervoint Roads; authorizing the City Manager to execute the Reimbursement Agreement on behalf of the City and other related matters; and declaring an effective date MOTION: Upon a motion made by Council Member Scott and a second by Council Member Porterfield the City Council voted (6) for and (0) opposed, to approve Resolution 2011 -143R, as previously captioned. The motion carried unanimously. 28. Consider approval of Resolution 2011 -144R concerning the proposed San Marcos, Texas Tax Increment Reinvestment Zone No. 5 in the Downtown San Marcos Area-, approving an Interlocal Agreement between Hays County and the City of San Marcos providing for the County to make payments to the City of seventy percent o_ f the County's Tax Increment Revenues from increased property values in the Zone; authorizing the City Manager to execute this agreement on behalf of the City; and declaring an effective date MOTION: Upon a motion made by Council Member Scott and a second by Council Member Terry the City Council voted (5) for and (0) opposed (1) abstention, Council Member Prather abstain to avoid the appearance of impropriety, to approve Resolution 2011 -144R, as previously captioned. The motion carried unanimously. 29. Consider approval of Resolution 2011 -145R approving a Preliminary Protect Plan and Reinvestment Zone Financing Plan for the Proposed San Marcos, Texas Tax Increment Reinvestment Zone No. 5 in the Downtown San Marcos Area; and declaring an effective date. MOTION: Upon a motion made by Council Member Scott and a second by Council Member Prather the City Council voted (6) for and (0) opposed, to approve Resolution 2011 -145R, as previously captioned. The motion carried unanimously. 30. Consider approval of Resolution 2011 -146R approving a first amendment to a Chapter 380 Economic Development Agreement between the City of San Marcos. Texas and 401 North Fredericksburg Acauisition. L.L.C. granting an extension of one year for the completion of a LEED Certified Multi - Family Development on approximately 2.712 acres