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Ord 1999-020
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Ord 1999-020
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City Clerk
City Clerk - Document
Ordinances
Number
1999-20
Date
3/22/1999
Volume Book
136
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<br />G...... ~ 51...... <br />b.fai ~ tj.. <br />- U .-I 0:::.$ <br />u~ .-I Ed~ <br />-~ 0Cl W'7;$ <br />., '. lJ....! <br />It, ~ 1..1.. <br /> <br />58 <br /> <br />ORDINANCE 1999- <br /> <br />20 <br /> <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, DESIGNATING A REINVESTMENT <br />ZONE NO. 13 PURSUANT TO CHAPTER 312 OF THE <br />TEXAS TAX CODE, LOCATED ADJACENT TO THE 2300 <br />BLOCK OF HUNTER ROAD; MAKING STATUTORY <br />FINDINGS; AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The City Council of the City of San Marcos, Texas, desires to promote the <br />development of an area within its jurisdiction by the creation of a reinvestment zone, to be <br />known as Reinvestment No. 13, as authorized by Chapter 312 of the Texas Tax Code. <br /> <br />2. A public hearing before the City Council was held on February 22, 1999 at the <br />regular meeting of the City Council, and this date was at least seven (7) days after the <br />date of publication of a notice concerning the public hearing. <br /> <br />3. Notice of this public hearing was delivered in writing to the presiding officer of the <br />governing body of each taxing unit that includes in its boundaries real property that is to <br />be included in the proposed reinvestment zone. <br /> <br />4. All statutory prerequisites to the creation of San Marcos Reinvestment Zone No. 13 <br />have been met. <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />SECTION 1. The facts and recitations contained in the Recitals of this <br />ordinance are found and determined to be true and correct. <br /> <br />SECTION 2. The City Council finds that the property to be included in San <br />Marcos Reinvestment Zone No. 13, located adjacent to the 2300 block of Hunter Road, <br />the legal description for which is Lot 1, San Marcos Distribution Center Subdivision (the <br />"Property"), as depicted on the plat recorded in Volume 2, page 272 of the Hays County <br />Plat Records, is an area that is reasonably likely as a result of designation as a <br />reinvestment zone to contribute to the retention or expansion of primary employment or to <br />attract major investment in the zone that would be a benefit to the property and that would <br />contribute to the economic development of the City of San Marcos. <br /> <br />SECTION 3. The improvements sought to be made by the owners of the Property <br />are found to be feasible and practical and would be a benefit to the land to be included <br />in the zone and to the City of San Marcos after a tax abatement agreement covering the <br />development of the property has expired. <br /> <br />SECTION 4. The City creates a reinvestment zone to be known as San Marcos <br />Reinvestment Zone No. 13 within and over the Property. <br /> <br />SECTION 5. All ordinances and resolutions or parts of ordinances or resolutions <br />in conflict with this ordinance are repealed. <br /> <br />SECTION 6. If any word, phrase, clause, sentence, or paragraph of this ordinance <br />is held to be unconstitutional or invalid by a court of competent jurisdiction, the other <br />provisions of this ordinance will continue in force if they can be given effect without the <br />invalid portion. <br /> <br />SECTION 7. This Ordinance will take effect 10 days after the date of its final <br />passage, and the City Secretary will be publish notice of its adoption in a newspaper of <br />general circulation in the City. <br />
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