Laserfiche WebLink
the Reinvestment Zone Area and that would contribute to the economic development of the City. <br />SECTION 3. The improvements proposed to be made by the owners of certain real property <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 />SECTION 4. The City redesignates the Reinvestment Zone Area as San Marcos <br />Reinvestment Zone No. 2 for tax abatement purposes under Chapter 312 of the Texas Tax Code. <br />SECTION 5. All ordinances and resolutions or parts of ordinances or resolutions in conflict <br />with this ordinance are repealed. <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 />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 />PASSED on first reading on June 21, 2005. <br />PASSED on second reading on July 5, 2005. <br />PASSED, APPROVED AND ADOPTED on July 19, 2005. <br />Susan Narvaiz <br />Mayor <br />Attest: <br />f <br />Janis K. Womack <br />City Clerk <br />Approved: (� <br />1UU U . 9�L <br />Mark B. Taylor <br />City Attorney <br />PUBLISHED IN THE SAN MARCOS DAILY RECORD ON WEDNESDAY, JULY 27, 2005. <br />2 <br />