AGENDA CAPTION:
Title
Consider approval of Resolution 2018-132R, amending the City's Economic Development Policy and the Policy Regarding Use of the City of San Marcos Economic Development Supplemental Fund to provide that the Fund may be used for real property acquisition, land planning, engineering and other activities associated with the development of Workforce Housing, and establishing an effective date.
Body
Meeting date: August 7, 2018
Department: CMO - Kevin Burke, Economic Development & Downtown Administrator
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: Council approved Resolution No. 2016-03R, adopting a Policy Regarding Use of the City of San Marcos Economic Development Supplemental Fund, as an addendum to the City of San Marcos Economic Development Policy, on January 5, 2016.
City Council Strategic Initiative:
Workforce Housing
Comprehensive Plan Element (s):
? Economic Development - Workforce & Education Excellence
? Environment & Resource Protection
? Land Use
? Neighborhoods & Housing - Diversified housing options to serve citizens with varying needs and interests
? Parks, Public Spaces & Facilities
? Transportation
? Not Applicable
Master Plan:
Vision San Marcos - A River Runs Through Us
Background Information:
San Marcos is committed to the promotion of quality development in all parts of the City and to improving the quality of life for its citizens. In order to meet these goals, the City Council will consider providing incentives to stimulate economic development in San Marcos and its extraterritorial jurisdiction (ETJ). The City will consider providing incentives to appropriate businesses in accordance with the procedures and criteria outlined in the attached City of San Marcos Economic Development Policy, adopted under Resolution 2013-185R on December 17, 2013.
With adoption of the annual Budget for Fiscal Year 2014-2015, ...
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