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<br /> -6- <br /> be submitted to the City Attorney who shall prepare such <br /> amendments and/or revisions to such ordinance, agreements and <br /> contracts, and provide them in writing to the City Council, City <br /> Secretary, the public, and the applicant at least three (3) days <br /> prior to the final Council action. <br /> b. The City Manager shall place the proposal on the City Council <br /> Agenda for posting of the public hearing and action no later <br /> than the next to the last regularly scheduled meeting of the <br /> City Council during this review period. <br /> Part C. That the following review process for OUt of District <br /> Service Request for Utility Districts be and is hereby, established. <br /> Petitions for out of district service for a Utility District <br /> shall be reviewed by the staff, and Planning Commission prior to <br /> City Council action. The request shall be filed with the City <br /> Secretary. Upon receipt of the filed request, the Ci ty Secretary <br /> shall immediately inform the City Council and Chairperson of the <br /> Planning Commission, and the City Manager. The recommendations <br /> of the staff and Canmission shall be forwarded to the City <br /> Council for consideration within thirty (30) days of such filing. <br /> PART D. That a fee for the review of creation agreements, impact <br /> statements, and plans of any proposed or newly formed political <br /> subdivision authorized to be created by the Texas Water Ccx:1e be, and <br /> the same is hereby established as follows: <br /> Up to five hundred (500) acres within a District- 55000 <br /> For every additional one hundred 000) acres or part <br /> thereof- $1000 <br /> PART E. That this policy relating to the political subdivisions <br /> created pursuant to Article III, Section 52 of the Texas Constitution <br /> or Article XVI, .section 59 of the Texas Constitution, be adopted <br /> pursuant to the applicable provisions of the Texas Water Ccx:1e and the <br /> Texas Municipal Annexation Act of the State of Texas, to be equitably <br /> applied to all peti tioners for new Utili ty Districts wi thin the City's <br /> Extra-Territorial Jurisdiction. <br /> Section 1. Basic Qualifications for Consent to the creation of <br /> a Utility District including but not limited to Municipal Utility <br /> Districts (MUD), Water Control and Improvement Districts (WCIS), <br /> and Fresh Water Supply Districts (FWSD). <br /> a. The Utility District shall contain acreage necessary to <br /> assure the economic viability of the District. <br /> b. The economic viability of the district must be shown in <br /> the same manner as required by the State. <br /> c. The consent resolution and agreement must reflect, and <br /> conform to, all the applicable stipulations of this <br /> policy. <br /> d. The City Council must determine that the district is not <br /> likely to be annexed by the City or be served by City <br /> water and wastewater within three (3) years. Such <br /> determination shall not be binding on the City, however. <br /> e. When the City Council receives a petition for creation of <br /> a Utility District within the City's Extra-Territorial <br /> Jurisdiction, it shall be evaluated in accordance with the <br /> Master Plan, the impacts of the District, and the policy <br /> set forth herein. <br /> Section 2. Percentages allowed for bond financing. <br /> a. A Municipal Utility District will be allowed to issue <br /> bonds equal in arrount to the bonding package outlined in <br />