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81. Regular Meeting February 24, 2003 Page 8 Mr. Mayhew moved for adoption of the Resolution, and Ms. Tatum seconded the motion. Mr. Mihalkanin stated the agreement assigns the right to transfer to the District and the right would revert to the City if the District did not use it. He inquired whether the City could get the water rights back if the City needed the water. Mr. O'Leary stated South Hays is building a new facility on Lime Kiln Road, and they are unable to build a water well in this area. South Hays is uncomfortable with making this investment without their water rights being stable. Mr. Mihalkanin asked if granting South Hays water rights would have a negative effect on the City's ability to get more water in the future. Mr. Mark Taylor stated he does not see granting this small water rights having a negative effect in the City's ability to request more water. Tom Taggart, Director of Water/ Wastewater Department, stated this amount of water would only serve two families for a year. The Council then voted unanimously for adoption of the Resolution. Mayor Habingreither introduced for consideration Item 27 removed from the consent agenda, approval for the use of General Fund Contingency Funds in the amount of $2,000.00 for the Greater San Marcos Youth Summit. Ms. Narvaiz moved for approval for the use of General Fund Contingency Funds in the amount of $2,000.00 for the Greater San Marcos Youth Summit, and Mr. Taylor seconded the motion. Mr. Taylor stated this Item was discussed at the last Regular Meeting held on February 10, 2003 while he was out and would like an update. Mr. Mayhew stated the Youth Commission requested funding for the Summit to be held on April 26, 2003. At the November 25, 2003 Regular Meeting the Council sent the Youth Commission out into the Community to raise more funds and then come back to the Council for the balance. The Council then voted unanimously for approval for the use of General Fund Contingency Funds in the amount of $2,000.00 for the Greater San Marcos Youth Summit. Mayor Habingreither introduced a discussion regarding Sign Ordinance revisions. Mayor Habingreither stated Staff has provided Council with a Summary of the Sign Ordinance Workshop held on February 10, 2003. Mr. O'Leary stated Staff needs to know if Council wants to follow the recommendation from the Planning and Zoning Commission or come up with some other recommendations. Mr. Taylor stated he had asked Staff to address the legal locations left for off-premise signs. Jon James, Senior Planner with the Planning Department, stated in the Interstate Corridor there are 15 potential locations and 245 potential locations off the Corridor. He also stated some locations would require rezoning. Mayor Habingreither stated he does not see anything wrong with the current Sign Ordinance. Ms. Tatum asked if the current Ordinance was not amended, would any additional billboards be able to go up. Mr. James stated yes, the way the Ordinance is currently written, there is a potential for up to 245 locations, but more likely less, due to actual spacing and available locations. Mr. Taylor stated he is concerned the City would be inundated with new sign applications. Mr. Montoya asked out of the 245 potential locations how many are in the ETJ. Mr. James stated the majority of the