11152011 Regular Meeting - Laserfiche WebLink

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Following the presentation Mayor Guerrero opened the Public Hearing at approximately 8:26 p.m. Thomas Rhoades, ETR Development, spoke for the applicant and asked for Council's positive consideration. There being no further comments, the Public Hearing was closed at 8:27 p.m. 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 Ordinance 2011 -66, as previously captioned. The motion carried unanimously. 24. Receive a Staff presentation and hold a Public Hearing to receive comments for or against the creation of the proposed San Marcos, Texas Tax Increment Reinvestment Zone No. 4 pursuant to Chapter 311 of the Texas Tax Code in connection with the Paso Robles Development at Hunter and Centervoint Roads. Steve Parker, Finance Director, provided Council with a brief presentation regarding the creation of the TIRZ #4. Following the presentation Mayor Guerrero- opened the Public Hearing at approximately 8:31 p.m. There being no comments, the Public Hearing was closed at 8:31 p.m. No action was taken. NON - CONSENT AGENDA 25. Consider approval of Ordinance 2011 -68, on the first of two readings, designating a contiguous geographic area within the City of San Marcos in connection with the Paso Robles Development at Hunter and Centervoint Roads as a Reinvestment Zone for Tax Increment Financing purposes pursuant to Chapter 311 of the Texas Tax Code: creating a Board of Directors for such zone: containing findings and provisions related to the foregoing subject;, and providing a severability clause. 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 Ordinance 2011 -68, as previously captioned. The motion carried unanimously. 26. Consider approval of Resolution 2011 -142R concerning the proposed San Marcos, Texas Tax Increment Reinvestment Zone No. 4 in connection with the Paso Robles Development at Hunter and Centemoint Roads: approving an Interlocal Agreement between Hays County and the City of San Marcos providing for the County to make payments to the City of ten percent of the County's Tax Increment Revenues from Increased property values in the Zone: authorizing the City Manager to execute this