San Marcos Mercury | Local News from San Marcos and Hays County, Texas

Greater San Marcos Economic Development Corporation

Monday, September 19th, 2011

Developer asks for extension on major downtown project

Developers of a $28.5 million apartment complex project in downtown San Marcos may receive a one-year extension on an economic development agreement with the city, and thereby remain eligible to receive up to $610,000 in forgiven property tax.

Friday, January 21st, 2011

Nuse: No sales taxes rebated to StoneCreek

San Marcos City Manager Jim Nuse said Thursday that the city hasn't rebated any sales taxes to StoneCreek Crossing under a $6 million development agreement signed in 2008. The StoneCreek property now is in foreclosure.

Tuesday, January 11th, 2011

Officials say ACS may exaggerate city's youth

Local officials say the recently released American Community Survey (ACS), published by the U.S. Census Bureau, makes the city appear to be younger and poorer than it really is. The reason is growth at Texas State, where...

Wednesday, November 24th, 2010

City budget includes utility rate hikes

The San Marcos city budget that took effect last month projects that the city's expenditures will increase by $7.6 million (5.4 percent), while revenues will increase by $8.7 million (6.5 percent). The $147.8 million budget keeps the...

Thursday, November 18th, 2010

Partners officially launch Hays-Caldwell development plan

Partners for Progress, a regional economic development public-private partnership in Hays and Caldwell Counties, launched a five-year comprehensive economic development strategy this week.

Wednesday, September 22nd, 2010

City council approves Paso Robles annexation

MERCURY PRO | The San Marcos City Council approved the first reading of an annexation agreement for the Paso Robles development Tuesday night. The council will take on the second reading, as well as the first reading...

Thursday, August 26th, 2010

County gives $150K for regional economic plan

Seeking $800,000 for its first year of operations, the Greater San Marcos Economic Development Corporation (GSMEDC) received $150,000 this week from Hays County. GSMEDC is hoping to receive another $360,000 from the City of San Marcos next...

Monday, June 21st, 2010

Local EDC forms to implement economic plan

The recently incorporated Greater San Marcos Economic Development Corporation is charged with implementing a new economic plan for the San Marcos area. However, the economic development corporation needs about $300,000, and is likely to seek it from...

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