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<br />66 <br /> <br />ECONOMIC DEVELOPMENT AGREEMENT <br /> <br />STATE OF TEXAS <br /> <br />COUNTY OF HAYS <br /> <br />WHEREAS, the Greater San Marcos Chamber of Commerce <br /> <br />administers a community Economic Development Program through the <br /> <br />Greater San Marcos Economic Development Council; and, <br /> <br />WHEREAS, the City of San Marcos desires to renew its contract <br /> <br />with the Greater San Marcos Economic Development Council and the <br /> <br />San Marcos Chamber of Commerce for fiscal year 1992-93 in order to <br /> <br />promote orderly and responsible economic development for the San <br /> <br />Marcos geographic area; now, therefore, <br /> <br />This agreement is made by and between the City of San Marcos, <br /> <br />Texas ("city"), the Greater San Marcos Economic Development Council <br /> <br />("EDC"), and the San Marcos Chamber of Commerce ("Chamber"). <br /> <br />WITNESSETH: <br /> <br />I. <br />JOINT OBLIGATIONS OF EDC AND CHAMBER <br /> <br />A. EDC and Chamber shall develop an economic development <br /> <br />program to enhance the quality of life in San Marcos through the <br />generation of productive employment opportunities and the expansion <br /> <br />of the economic base by: <br /> <br />1. Involving the San Marcos community through regular <br />contact with elected officials of the City, Hays <br />County, and the San Marcos Consolidated Independent <br />School District, as well as with business and <br />development leaders; <br /> <br />2. Evaluating and researching the ability of San <br />Marcos to attract and retain development; <br /> <br />3. Strengthening the ability of San Marcos and the <br />region to attract and retain development through <br />the encouragement of new development and <br />