AGENDA CAPTION:
Title
Consider approval of Resolution 2015-52R approving an agreement with the Greater San Marcos Economic Development Corporation (GSMP) for Economic Development Services; authorizing the City Manager to execute the agreement on behalf of the City; and declaring an effective date.
Body
Meeting date: May 5, 2015
Department: CMO
Funds Required: $150,000 for FY 2014-15, $360,000 for FY2015-16
Account Number: 10001280.54195
21006322.54195
22006335.54195
Funds Available: $150,000
Account Name: Special Services, Economic Development
CITY COUNCIL GOAL: Economic Development
BACKGROUND:
At the April 21, 2015 Regular Meeting, Council gave direction to bring back GSMP Draft Contract #2 for discussion and consideration.
Attachments include:
Resolution
Draft Contract
Comparison Matrix
City of San Marcos Incentive Policy
City of San Marcos Incentive Matrix
City of San Marcos Incentive Application
GSMP Economic Impact Data Sheet