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<br /> 205 <br /> RESOLUTION 1998- 2li..R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS, APPROVING THE TERMS AND CONDITIONS OF AN <br /> AGREEMENT BETWEEN THE CITY AND HAYS COUNTY, THE HAYS <br /> COUNTY APPRAISAL DISTRICT, THE SAN MARCOS CONSOLIDATED <br /> INDEPENDENT SCHOOL DISTRICT, SOUTHWEST TEXAS STATE <br /> UNIVERSITY, AND THE SOUTHWEST TEXAS STATE UNIVERSITY <br /> SUPPORT FOUNDATION FOR SETTLEMENT OF PROPERTY TAX <br /> ISSUES REGARDING THE AQUARENA SPRINGS AND FIRE STATION <br /> STUDIOS PROPERTIES; AUTHORIZING THE CITY MANAGER TO <br /> EXECUTE THE AGREEMENT ON BEHALF OF THE CITY; AND <br /> DECLARING AN EFFECTIVE DATE. <br /> RECITALS: <br /> 1. A dispute exists between local taxing entities and Southwest Texas State <br /> University (SWT) and the SWT Support Foundation (the Foundation) regarding property <br /> taxes owed on, and the taxable status of, the former Aquarena Springs properties now <br /> owned by SWT and the Fire Station Studios owned by the Foundation. <br /> 2. The City, Hays County and the San Marcos Consolidated Independent School <br /> District (SMCISD) have reached agreement with SWT and the Foundation to resolve this <br /> dispute. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The terms and conditions of the Agreement attached to this Resolution <br /> between the City and Hays County, the Hays County Appraisal District, SMCISD, SWT and <br /> the Foundation for settlement of property tax issues regarding the Aquarena Springs and <br /> Fire Station Studios properties are approved. <br /> PART 2. The City Manager, Larry D. Gilley, is authorized to execute this Agreement <br /> on behalf of the City. <br /> PART 3. This Resolution is in full force and effect immediately upon its passage. <br /> Adopted this 9TH day of NOVEMBER ,1998. <br /> <br /> ?_Zl ~ 9J <br /> . oe B. Cox, Jr.. í ..; <br /> . Mayor Pro- T em <br /> ATTEST: . <br /> ,!i; . # rolot u <br /> [J {}Li;/¡)vJ) l/) ¡ v b vll~eA <br /> Janis K. Womack <br /> City Secretary <br />