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<br /> EXHIBIT A <br /> WATER AND WASTEWATER SYSTEH FINANCIAL PLAN <br />INTRODUCTION <br /> On May 9, 1983, The City of San Marcos completed a two and <br />one-half year process of revising and updating its 1970 Comprehensive <br />Plan. The effort involved the creation of a 50-member Master Plan <br />Committee, a seven-member citizen executive committee, six community <br />sector groups who together provided information and direction to City <br />staff and consultants in formulating the revised Comprehensive Plan. <br />These groups, meeting with citizens at numerous public meeting s, spent <br />hundreds of hours considering problems, developing alternative <br />solutions, and setting priorities. This extensive involvement of <br />citizens throughout the plan's formulation has resulted in a planning <br />document which is being used on a daily basis by staff, City boards and <br />committees, and the City Council in guiding decisions which are <br />required when addressing problems associated with rapid growth. <br /> The Water and Wastewater system elements of the Plan include basic <br />Goals, Objectives, and Policy statements which have provided the <br />framework for establishing the Utility Capital Improvements Plan. This <br />Capital Improvements Plan is now being implemented with the recent sale <br />of $1.5 million dollars of certificates of obligation for sewerage <br />plant improvements, the proposed sale of $5.8 million dollars of <br />certificates of obligation for wastewater plant and collection system <br />improvements, and the proposed bond election to consider $6.2 million <br />dollars of revenue bonds for water distribution improvements. <br /> In addition to the policy statements, the report contains a water <br />and sewerage system capital improvement project description list and <br />financial projections for the Utility and General Fund. The <br />information illustrates the need for rate increases in order to meet <br />increasing debt requirements. Fortunately, the City's existing rates <br />are such that the projected increases will result in rates which are <br />competitive with the rates currently charged by comparable cities. <br />GOALS, OBJECTIVES AND POLICIES <br /> The overall goals, objectives, and policies of the various plan <br />elements reflect a conscientious attitude toward urban development in <br />