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The District was created in the 8' )d Legislative Session pursuant Texas Water Code <br />Sections 49 and 54 by special act of the Texas legislature. The special act is codified in <br />SUBTITLE F, TITLE 6, SPECIAL DISTRICT LOCAL LAWS CODE CHAPTER 8472. The District <br />shall be organized, created, and established, and shall exist under, and shall have the <br />powers, rights, privileges, duties, authority and ftinctions authorized by the terms and <br />provisions of Article XVI, Section 59 of the Constitution of Texas, and Chapters 49 and <br />54 of the Texas Water Code. <br />IV. Ownership of Land to be Included <br />The Petitioners hold fee simple title to Property within the proposed District, and <br />are the owners of more than fifty percent (50 %) in value of the land therein as shown on <br />the tax rolls of Hays County, Texas. <br />The Petitioners certify and agree that: <br />(1) there are no lien holders on the Property. <br />(2) there are no persons residing on the Property to be included in the District. <br />V. Nature of Work to be Done by District <br />The general nature of the work to be done by the District at the present time is the <br />acquisition, construction, operation, and maintenance of water, wastewater, roads and <br />drainage systems for domestic, industrial, and commercial purposes, and all other <br />purchase, construction, acquisition, ownership, lease, operation, maintenance, repair, <br />improvement, and extension of such additional improvements, facilities, plants, <br />equipment, and appliances as shall be consonant with the purposes for which the District <br />shall be organized, including powers to construct and /or maintain roads. The project, <br />including the proposed improvements, is practicable and feasible, in that water supply is <br />available and the terrain of the territory to be included in the District is of such a nature <br />that a waterworks system, a drainage system, roadway systems and a wastewater system <br />can be constructed at a reasonable cost. In addition, there is a public necessity for the <br />project and the project would be a benefit to the land to be included in the District, in that <br />such land will be developed for residential and commercial purposes, thereby furthering <br />the public welfare. <br />VI. Estimate of Costs <br />It is now estimated by Petitioners, from such information as is available at this <br />time, that the ultimate cost of the project described in paragraph V will be approximately <br />as described in Exhibit B is $12,656,844.00. <br />VII. Necessity of Work <br />PETITION FOR CONSENT OF <br />CITY OF SAN MARCOS 2 of 6 <br />