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<br /> 1Cl7A:' Oç,~ML.( sa",- 1/, XC " ' <br /> t1'r1I -tV 0- ~ .;) - ì - cri C' ~ ¿jJ <br /> ~ TEXAS DEPARTMENT OF HOUSING AND COM~UNITI AFFAIRS <br /> ~'~~ <br /> Ann W. Richards BOARD MEMBÉRS <br /> GOVERNOR Paul R. Rodrigue~ <br /> Chairman <br /> Henry Flores - .-- -', - Harvey Clemons Jr. <br /> .' _.~ " <br /> EXECUTIVE DIRECTOR ' - - '" Elizabeth Flores <br /> ',." Richard C. Hile <br /> '., ~g~ ~. Joseph Kemp <br /> Walter Martinez <br /> Judith McDonald <br /> -: " ¿:~~:... -; Mary Sanger <br /> ! February 4¡ 1994 Susan Sharlot <br /> I ,. -. <br /> The Honorable Kathy M. Morris <br /> Mayor <br /> City of San Marcos <br /> 630 East Hopkins <br /> San Marcos, Texas 7.8666 <br /> Dear Mayor Morris: <br /> I am pleased to inform you that, effective January 22, 1994 the Texas Department of Housing and <br /> Community Affairs (TDHCA) in conjunction with the Texas Department of Commerce (TDOC) has <br /> approved an award of $417,293 to the City of San Marcos in support of the San Marcos Industrial <br /> Foundation (the Sponsor), for the establishment of a small business incubator. These funds will be <br /> used to purchase real estate and renovate a facility which will result in the elimination of slum and <br /> blight. The contract is in the review process now and will be mailed to you' soon. <br /> This commitment requires formal acceptance and response by the City and the Sponsor within forty- <br /> five (45) days of the date of this commitment letter. If not accepted, within the timeframe <br /> prescribed, this commitment shall expire and its term will become null and void. <br /> Thank you for your fine efforts on behalf of the citizens of the City of San Marcos. Please feel free <br /> to call upon the Texas Department of Housing and Community Affairs or Refugio Negrete at (512)- <br /> 475-3842, if you need further assistance during the c,ourse of this project. <br /> ~nCereIY' ~ <br /> H~es <br /> Executive Director <br /> HF:lb <br /> cc: Phil Neighbors, General Manager, San Marcos Industrial Foundation, P.O. Box 231 O¡ <br /> San Marcos, Texas 78667 <br /> Armando Ruiz, Manager, Bus. Finance Services, Texas Dept. of Commerce <br /> 811 BARTON SPRINGS ROAD - SUITE 100 . P. O. BOX 13941 . AUSTIN, TEXAS 78711-3941 . (512) 475-3800 <br />