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<br /> members of the City Council. After the review by the City Council members, additional <br /> information may be requested of the applicant. <br /> 3. All requirements of all federal, state and local law shall be followed. <br /> 4. Applications for incentives made to the City will be denied if the City finds that the <br /> application was filed after the commencement of construction, alteration or installation of <br /> improvements related to the proposed development or redevelopment. <br /> Section E. Approval of the Incentives by the City Council <br /> 1. If the City Council determines that it is in the best interest of the City of San Marcos to <br /> provide incentives to a particular applicant, a resolution shall be adopted approving the <br /> terms and conditions of a development incentive agreement with the applicant which will <br /> enumerate the types of incentives to be provided and the conditions which are applicable <br /> to them. <br /> 2. Any development incentive contracI must include at least the following items: <br /> a. A description of each of the types of incentives to be provided and their duration. <br /> b. A legal description of the property in which the agreement will be operative. <br /> c. Detailed information regarding the type, number, location and cost of planned <br /> Improvements. <br /> d. A plan which provides access to and inspection of the property and proposed <br /> improvements by City inspectors and officials to ensure that the improvements are <br /> a made according to the requirements and conditions of the agreement. <br /> e. A provision limiting the uses of the property consistent with the general purpose <br /> of encouraging the development or redevelopment of the property during the <br /> period the development incentives are in effect. <br /> f. A method to provide for the recovery of all costs which are lost as a result of the <br /> agreement if the applicant fails to perform its obligations under the agreement. <br /> Section F. Duration of Guidelines <br /> The guidelines and criteria adopted herein shall be effective from the date they are adopted by <br /> the Council and shall remain in effect for two years unless otherwise repealed by a three- <br /> fourths vore of the City Council. <br /> - <br />