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<br /> -8- <br /> 10. Approach mains are defined as those water and/or <br /> wastewater lines which lead up to, but not within the <br /> property to be served and as further defined by the <br /> Subdivision Ordinance of the Ci ty of San Marcos. <br /> Section 3. Bonding package. <br /> A. Water, Wastewater and Drainage <br /> A Utility District shall be permitted the bonding permitted <br /> under the State law and the rules of the Texas Water Development <br /> Board for 1) construction and for 2) land and easement costs <br /> for water, sewer, and drainage improvements (in accordance with <br /> Exhibit "A"). Further, the "30% rule" instituted by the Texas <br /> Water Commission shall apply in determining the bonding allowed <br /> for Water, Wastewater and Drainage. The percentages in Exhibit <br /> "A" shall apply in detennining the bonding allowed for yvater, <br /> Wastewater and Drainage. The percentages in Exhibit "A" shall <br /> apply after limits imposed by that rule and the delineation <br /> between types of districts and allowable bonding percentages <br /> established in Section 2a, Part E of this Ordinance. The <br /> developer must pay 30% of the cost of internal <br /> lines and drainage. Additionally, that oversize portion of a <br /> water or wastewater approach main which the City of San <br /> Marcos has required to be constructed to serve areas <br /> outside of the boundaries of the Utility District may be <br /> financed with bonds. in such cases, the City shall repay <br /> the Utility District annually for the City's pro rata share of <br /> the debt retirement cost of such facility. The City shall <br /> retain the right to allocate its pro rata share of the <br /> facility and collect subsequent users fees as defined in the <br /> Subdivision Ordinance of the City of San Marcos. PLovided, <br /> however, that the following i terns shall not be allowed to be <br /> financed by the issuance of bonds, and therefore, shall not be <br /> included in the bonding package: <br /> 1. Land or easements within the Utility District, or any <br /> property owned by the developers of the Utility Di6trict, <br /> dedicated for any water or wastewater line or facility, <br /> including treatment plants for any function related to <br /> drainage. PLovided, however, that bonds may be authorized <br /> for the purchase of land for irrigation purposes connected <br /> with a package treatment plant (in accordance with the <br /> chart in Exhibit "A"). PLovided further that irrigation <br /> land purchased from the developers of the Utility District <br /> must be purchased at the Central Appraisal District <br /> valuation. <br /> 2. Curbs, gutters, inlets, culverts, and bridges. <br /> 3. Drainage improvement, except stonn sewers and regional <br /> facilities, in accordance with Exhibit "A". <br /> B. Intangibles <br /> 1. A contingency factor of 10% shall be allowed on all water, <br /> wastewater and drainage costs. <br /> 2. Construction costs shall include 10% for engineering, and <br /> shall include all fees. <br /> 3. Interest during construction and capitalized interest <br /> shall be allowed to the full extent of the State law for <br /> all costs that qualify for bond financing. <br /> 4. Other non-construction costs allowed for bond financing <br /> are: fiscal agent fees, legal fees and administration <br /> organizational expense and printing the bonds, as allowed <br /> by State law. <br /> C. Bonded Amenities <br />