Res 2013-125/In Support of the Regional Vision Adopted by the CAMPO Transit working group for high capacity transit

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PART 1. The City Council affirms its support of the regional Vision adopted by the CAMPO Transit Working Group for high capacity transit and directs city staff to consider the implementation planning of the LSTAR project as a "city project" in its priority and general approach and that it is the City Council's goal to complete its consideration of creating the local funding mechanisms or sources it deems appropriate and adequate for its share of the LSTAR service costs by December 31, 2013; and PART 2. The City Council requests the Lone Star Rail District expand its consideration of passenger rail service to the City of San Marcos from one downtown station to two stations with split stop rail service as generally illustrated in Exhibit C and that both locations be included in the project's environmental impact study for Federal approval in a Record of Decision; and PART 3. The city requests the Lone Star Rail District provide initial drafts of the interlocal agreements and ordinances necessary to provide value capture revenues from the station areas as generally illustrated in Exhibit C; and PART 4. The city proposes that any revenue increment from value capture sources that is provided by the City of San Marcos be retained in a restricted fund to be regularly disbursed or available to the Lone Star Rail District only in the event the passenger rail system becomes operational. Funds from the restricted fund may be otherwise available to the Lone Star Rail District only upon its request and with the approval of the City of San Marcos; and PART 5. The city's support of the LSTAR project as a "city project" is based upon the understanding that the project will also be supported by other local jurisdictions in Central Texas with which the Lone Star Rail District has initiated funding discussions such as the cities of Austin, Buda Kyle, San Antonio, and Hays County and requests the Lone Star Rail District provide their adopted similar resolutions as an indication of their support on or before October 31, 2013; and PART 6. This Resolution shall be in full force and effect immediately from and after its passage. ADOPTED on August 20, 2013 Dan Guerrero Mayor