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Regular Meeting November 21, 2006 Page 7 Mr. Thomaides inquired as to whether this building would meet the I requirements of the Land Development Code. Mr. O'Leary stated this building meets all the Land Development Code requirements. Mr. Bose inquired as to the number of employees who will work in this building. Mr. O'Leary stated he did not know the mixture from the different departments yet. Mr. Thomaides inquired as to whether this building will be replacing the old building. Mr. O'Leary stated this new building will replace the old building. David McMillan, Building Inspections, stated this new building is a stucco building, which will be eight inches above the curb with a six foot front and rear porch. He stated this building meets all the landscaping requirements of the Land Development Code. Mr. Bose inquired as to whether there would be enough parking. Mr. O'Leary stated parking is being added. The Council then voted unanimously for the adoption of the Resolution. Mayor Narvaiz introduced for consideration Item 16, removed from the consent agenda, adoption of a Resolution, the caption which was read as follows: I Mr. Guerrero moved for adoption of the Resolution, and Mr. Jones seconded the motion. The City, County and University entered into an interlocal agreement to acquire the 250 acre tract of land above Spring Lake for the site of a hotel, golf course and residential housing. Because of the environmental sensitivity of the land and Spring Lake, the entities decided to acquire the land and preserve it in its natural state as parkland. He stated the Nature Conservancy has acquired the land and has agreed to hold it for two years in order for the funds to be raised to purchase the land. He also stated there is funding for all but $1,525,330.00 of it to be raised. He stated additional funding applications are being submitted to other organizations to raise the balance. Mr. Thomaides inquired to the total project cost of the project. Mr. O'Leary stated the total cost of the project is $5,581,000.00. The Council then voted unanimously for adoption of the Resolution. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS APPROVING THE GRANT CONTRACT WITH THE MEADOWS FOUNDATION FOR THE CITY'S ACQUISITION OF A THE 251 ACRE, MORE OR LESS, TRACT OF PROPERTY IN THE ROGERS RIDGE AREA AND THE SPRING LAKE/ SINK CREEK WATERSHEDj AND DECLARING AN EFFECTIVE DATE. Mayor Narvaiz introduced for consideration Item 18, removed from the consent agenda, adoption of a Resolution, the caption which was read as follows: I A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING A DEVELOPMENT INCENTIVE AGREEMENT BETWEEN THE CITY AND GRANDE COMMUNICATIONS, INC., FOR COMMERCIAL DEVELOPMENT AT 401 CARLSON CIRCLEj AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENTj AND DECLARING AN EFFECTIVE DATE.