AGENDA CAPTION:
Title
Discuss and consider an appointment or reappointment to Position One and confirm Hays County appointment to Position Four to, and appoint a Chair to the Tax Increment Reinvestment Zone (TIRZ) No. 5 (Downtown) Board of Directors; and provide direction to Staff.
Body
Meeting date: January 21, 2025
Department: City Clerk
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: Appointments have been made periodically to this board since the formation of this TIRZ in 2011.
City Council Strategic Initiative: [Please select from the dropdown menu below]
N/A
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
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Background Information:
On December 6, 2011, the City of San Marcos adopted Resolution No. 2011-150R, approving an Interlocal Agreement between Hays County and the City of San Marcos related to the "San Marcos, Texas Tax Increment Reinvestment Zone No. 5." The full text of Resolution No. 2011-150R is attached.
On December 14, 2011 the Council designated the boundaries of the zone. The area is bounded by Concho Street, Moore Street, North Street, Comanche Street, Shady Lane, Fredericksburg Street, Hull Street, Guadalupe Street, Ih-35, McKie Street, LBJ Drive and CM Allen Street. A map is also attached.
On December 6, 2016 the Council voted to extend the termination date of the TIRZ to December 31, 2021.
On April 25, 2020 the Council voted to extend the termination date...
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