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<br /> 87 <br /> ECONOMIC DEVELOPMENT AGREEMENT <br /> STATE OF TEXAS <br /> COUNTY OF HA YS <br /> RECITALS: <br /> 1. The San Marcos Area Chamber of Commerce (the "Chamber") administers a <br /> community economic development program through the Greater San Marcos Economic <br /> Development Council (the "EDC"). <br /> 2. The City of San Marcos (the "City") desires to renew its contract with the EDC and <br /> the Chamber for fiscal year 1997-98 in order to promote orderly and responsible economic <br /> development for the San Marcos geographic area. <br /> 3. At the request of the City, the EDC has amended its bylaws to change the composition <br /> of its Board of Directors to be as follows: <br /> Appointing Authority # of Appts Source of Appointments <br /> San Marcos City Council I San Marcos Hispanic Chamber <br /> " I Council of Neighborhood Assns. <br /> " I San Marcos Area Board of Realtors <br /> " I San Marcos Industrial Foundation <br /> " I ,San Marcos resident <br /> " 3 San Marcos City Council <br /> Hays County Comm'rs Court 2 Hays County residents <br /> San Marcos Manuf. Ass'n I Association members <br /> San Marcos Area Chamber 1 Chamber members <br /> The following persons, or their designees, are ex-officio, non-voting members of the EDC <br /> Board of Directors: <br /> San Marcos City Manager <br /> Southwest Texas State University President <br /> San Marcos Consolidated Independent School District Superintendent <br /> San Marcos Hispanic Chamber of Commerce Executive Director <br /> San Marcos Area Chamber of Commerce President <br />