AGENDA CAPTION:
Title
Consider approval of Ordinance 2019-05, on the second of two readings, amending the City's 2018-2019 Fiscal Year Budget to allocate up to $8,250,000 to be applied toward the costs for construction of the Rattler Electric Substation off of Clovis Barker Road near Leah Avenue; and providing an effective date.
Body
Meeting date: January 29, 2019
Department: Public Services
Amount & Source of Funding
Funds Required not to exceed $8.25M
Account Number: Click or tap here to enter text.
Funds Available: Click or tap here to enter text.
Account Name: Electric Fund
Fiscal Note:
Prior Council Action: Council approved a Chapter 380 economic development incentive agreement with Urban Mining on April 18, 2017 and amended through 2018-595R. Council is also considering 2019-22R, a Contribution is Aid of Construction agreement with Urban Mining, which requires the construction of this new substation.
City Council Strategic Initiative: [Please select from the dropdown menu below]
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
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? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Vision San Marcos - A River Runs Through Us
Background Information:
In late spring 2018, City staff studied the he impact of the proposed initial Urban Mining (UMC) load, the planned UMC expansion, and the impact of future development of the approximately 100 acres in the industrial area off Clovis Barker owned by UMC Development. The impact of anticipated growth in the area relative to the existing infrastructure indicated that a new substation would ...
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