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RESOLUTION N0.2013 -06R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS ADOPTING A POLICY THAT ESTABLISHES <br />GUIDELINES AND CRITERIA GOVERNING TAX ABATEMENT <br />AGREEMENTS; AND DECLARING AN EFFECTIVE DATE. <br />RECITALS: <br />1. Section 312.002 of the Texas Tax Code requires a taxing unit to establish <br />guidelines and criteria governing tax abatement agreements before the taxing unit may enter into <br />such an agreement. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Policy on Tax Abatement Incentives for the City of San <br />Marcos is hereby approved and adopted to establish the guidelines and criteria governing tax <br />abatement agreements. <br />PART 2. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED on February 5, 2013 <br />z� <br />aniel Guerrero <br />Mayor <br />Attest: <br />a Lee Pettijohn <br />City Clerk <br />