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69 ORDINANCE 1989-8 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AMENDING CERTAIN SECTIONS OF THE CODE OF ORDINANCES OF SAID CITY TO PROVIDE FOR THE REDUCTION AND/OR ELIMINATION OF CAPITAL RECOVERY FEES (IMPACT FEES), COSTS FOR CERTAIN OTH E R INFRASTRUCTURE IMPROVEMENTS, WATER AND WASTEWATER UTILITY RATES, PERMIT AND INSPECTION FEES IN CONNECTION WITH THE CONSTRUCTION OR ALTERATION OF BUI LDI NGS AND CONTRACTOR FEES FOR PUBLIC RIGHT-OF-WAY CONSTRUCTION, IF APPROVED BY THE CITY COUNCI L OF SAID CITY PURSUANT TO THE TERMS OF INDIVIDUAL TAX ABATEMENT AND ECONOMIC DEVELOPMENT I NCENTI VE AGREEMENTS ENTERED INTO BY SAID CITY AND APP LI CANTS, AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of San Marcos is committed to the promotion of quality development in all parts of said City and to improving the quality of life for its citizens; and, WHEREAS, pursuant to said goals, the City Council has adopted a "Policy On Tax Abatement And Other Economic Development Incentives For The City of San Marcos, Texas, " which provides for certain economic development incentives for certain eligible applicants: now, there fore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: PART 1. That the following Sections 5-37 and 5-38 of Division 2 of Article II of Chapter 5 of the Code of Ordinances of said City shall be substituted for present Sections 5-37 and 5-38 and the same as well as all subsequent sections of said Division of said Article of said Chapter of said Code shall be renumbered in proper sequential order: Chapter 5 BUILDINGS AND BUILDING REGULATIONS . . . 01 VI SIGN 2. AMENDMENTS . .. Sec. 5-37. Section AIO3.7.1, Appendix A. Sec tion AIO3.7.l is hereby amended to read as follows: AIO3.7.1 Prescribed Fees. A permit shall not be issued until the fees prescribed in this section have been paid unless such fees have been reduced or eliminated pursuant to a written tax abatement and economic development incentive agreement between a prospective permittee and the City of San Marcos. Nor shall an amendment to a permit be approved until the additional fee, if any, due to an increase in the estimated cost of the building or structure, has been paid unless the same has been reduced or eliminated pursuant to such a written tax abatement and economic development incentive agreement. Sec. 5-38. Section AlO3.7.4, Appendix A. Section AlO3.7.4 is hereby amended to read as follows: AIO3.7.4 Schedule of permi t Fees. On all buildings, structures or alterations requiring a building permit, a fee for each building permit shall be paid as required at the time of filing application in accordance with the schedule set forth in Appendix K, unless the City of San Marcos has entered into a written tax abatement and economic development incentive ag reemen t with the applicant which provides otherwise.