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<br />within the Reinvestment Zone Area are found to be feasible and practical and would be a benefit to <br />the land to be included in the Reinvestment Zone Area and to the City after a tax abatement <br />agreement covering the development of property in the Reinvestment Zone Area has expired. <br /> <br />SECTION 4. The City designates the Reinvestment Zone Area as San Marcos Reinvestment <br />Zone No. 18 for tax abatement purposes under Chapter 312 of the Texas Tax Code. <br /> <br />SECTION 5. All ordinances and resolutions or parts of ordinances or resolutions in conflict <br />with this ordinance are repealed. <br /> <br />SECTION 6. If any word, phrase, clause, sentence, or paragraph of this ordinance is held to <br />be unconstitutional or invalid by a court of competent jurisdiction, the other provisions of this <br />ordinance will continue in force if they can be given effect without the invalid portion. <br /> <br />SECTION 7. This Ordinance will take effect ten days after the date of its final passage, and <br />the City Clerk will publish notice of its adoption in a newspaper of general circulation in the City. <br /> <br />PASSED on first reading on October 25, 2004. <br /> <br />PASSED on second reading on November 8, 2004. <br /> <br />PASSED, APPROVED AND ADOPTED on November 22, 2004. <br /> <br />~t~ <br /> <br />Susan Narvaiz <br />Mayor <br /> <br />Attest: <br /> <br />ri1hvrltf ~M1L-/ <br />J~~ k. Womack <br />City Clerk <br /> <br />Approved: <br /> <br />~~ <br /> <br />City Attorney <br /> <br />Published in San Marcos Daily Record on Wednesday December 1, 2004. <br /> <br />2 <br /> <br />I <br /> <br />I <br /> <br />I <br />