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Res 1991-007
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Res 1991-007
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Last modified
7/12/2007 4:17:27 PM
Creation date
7/12/2007 4:17:27 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Tax Abatement
Number
1991-7
Date
1/28/1991
Volume Book
101
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<br /> -3- <br /> SECTION D. Application Procedures. <br /> <br /> 1. Any person, organization, joint venture, partnership, <br /> association, or corporation desiring that the City of San Marcos <br /> consider providing tax abatement and other economlC development <br /> incentives to encourage location of a business or expanded <br /> business operations within the City limits or the extraterritorial <br /> jurisdiction of San Marcos shall be required to comply with the <br /> following application procedures. <br /> a. Applicant shall file an application on a form <br /> provided by the City. <br /> b. Applicant shall provide a plat showing the precise <br /> location of the property, all roadways within 200 <br /> feet of the site, and all existing zoning and land <br /> uses on the site and within 200 feet of the site. <br /> c. A complete legal description of the property is <br /> required. <br /> d. A brief description of the proposed improvements or <br /> expansion must be provided along with the project I s <br /> estimated cost, the type of business operation <br /> proposed, the number and types of jobs created, the <br /> expected source of applicants for such jobs, the <br /> projected date of beginning operation and the type <br /> and value of the tax abatement and other economic <br /> development incentives which are requested. <br /> e. The applicant shall provide any other information <br /> about the proposed project which may be required by <br /> the City. <br /> 2. The application will be reviewed by the City Manager for <br /> completeness and accuracy and comments will be received from <br /> appropriate departments. Once this information is compiled, the <br /> application and review comments will be forwarded to members of <br /> the City Council and to other taxing entities which may be <br /> involved in offering tax abatement. After the review by the City <br /> Council members and other taxing entities, additional information <br /> may be requested of the applicant. <br /> 3. All requirements of Chapter 3l2, of the Texas Tax Code, <br /> known as the Property Redevelopment and Tax Abatement Act, shall <br /> be followed. <br /> SECTION E. Approval of Tax Abatement and other Economic <br /> Development Incentives by the City Council. <br /> <br /> 1. If the City Council determines that it is in the best <br /> interest of the City of San Marcos to provide incentives to a <br />
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