AGENDA CAPTION:
Title
Consider approval of Resolution 2018-183R, approving an Assessment and Collection Agreement between the City and Hays County relating to the Trace Public Improvement District and the collection of assessments; authorizing the City Manager to execute the agreement on behalf of the City; and providing an effective date.
Body
Meeting date: October 1, 2018
Department: City Manager's Office
Amount & Source of Funding
Funds Required: No fiscal impact to the City
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Fiscal Note:
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Background Information:
The City of San Marcos is requesting that the Hays County Tax Assessor bill and collect for the annual assessment associated with the Trace Public Improvement District. The County is willing to do the collection and will charge the following for their services. The fee for assessment and collections services furnished to the District shall be $0.15 (15 cents) for each parcel on the District's assessment roll which lies within Hays County and $0.85 (85 cents) for each parcel on the District's assessment roll which lies outside Hays County. All fees paid to the County will be paid by the Trace Public Improvement District ....
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