Ord 2014-070/Approving a petition submitted by Metcalfe, Wolfe, Stuart & Williams, LLP on behalf of Walton Texas, LP granting the consent of the City of San Marcos, Texas, to the creation of Cotton Center Municipal Utility District No. 1

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b. Transportation impact statement; c. Bond Issue Requirements; d. Proposed Tax Rates; e. Oversize construction participation agreements (if any); and f. Utility district annexations (if applicable). ARTICLE III DEVELOPMENT PLAN, PARKS AND ROADWAYS Section 3.01 Land Use. Owner agrees to enter into a Development Agreement with the City to delay annexation of the District by the City, establish certain restrictions and commitments imposed and made in connection with the development of the District in order to provide increased certainty to Owner and City for a period of years' and to identify land uses and other aspects of the development of the District under the authority granted by Section 212.172 of the Texas Local Government Code. The Development Agreement must be executed by Owner, approved by the City and fled in the Caldwell County Deed Records prior to any Sub - District bond election. The Land will be developed in accordance with the standards and requirements set forth in the Development Agreement. The Conceptual Land Use Plan attached hereto as Exhibit "F" is for illustrative purposes only. The Development Agreement and land plan attached to such Development Agreement will provide the land use regulations for the District. Section 3.02 Parks and Open Space. The parks and open space will be constructed and dedicated in accordance with the Development Agreement. Section 3.03 Roadway Improvements, right -of -way, easements and other land dedications. The roadway improvements, right -of -way, easements and other land dedications will be constructed and dedicated in accordance with the Development Agreement. ARTICLE IV WATER AND WASTEWATER SERVICES Section 4.01 Water Services. The water service to the District will be provided by a third party provider that holds the CCN to serve the area and in accordance with an agreement between the third party provider, the Owner and the District or Sub - District. Section 4.02 Wastewater Services. a. The wastewater service to the District will be provided by the City in accordance with a wastewater service agreement, the form of which will be attached as an exhibit to the Development Agreement. b. The City hereby agrees to allow the extension, improvement of, and connection to City wastewater facilities to provide service to the District up to a maximum of 7,530 service units equivalent. Owner anticipates that the District will require 7,530 service units of