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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FORM OF STRATEGIC PARTNERSHIP AGREEMENT EXHIBIT D TO CONSENT AGREEMENT STRATEGIC PARTNERSHIP AGREEMENT BETWEEN THE CITY OF SAN MARCOS AND COTTON CENTER MUNICIPAL UTILITY DISTRICT NO. 1 OF CALDWELL COUNTY, TEXAS THE STATE OF TEXAS § COUNTY OF HAYS § KNOW ALL MEN BY THESE PRESENTS This Strategic Partnership Agreement ( "Agreement ") is made and entered into by the City of San Marcos, a home rule municipal corporation, acting through its governing body, the City Council of the City of San Marcos ( "City "); and the Cotton Center Municipal Utility District No.I ( "District "), a municipal utility district and political subdivision of the State created under Chapter , Texas Special District Laws (the "Enabling Legislation ") acting by and through its duly authorized Board of Directors. RECITALS The District is a municipal utility district created under the authority of Article XVI, Section 59 of the Texas Constitution and Chapters 49 and 54 of the Texas Water Code, as amended, and pursuant to the Enabling Legislation and currently contains 2,358 acres of land as more fully described on the attached Exhibit "A" (the "Property ") and depicted on Exhibit "B" attached to this Agreement. 2. The City consented to the creation of the District by Ordinance adopted on , 2014 (the "Consent Agreement "). The City and the District are authorized to negotiate and enter into a Strategic Partnership Agreement by mutual consent pursuant to Chapter 43.0751 of the Texas Local Government Code, as amended (the "Act "). 4. The City desires to enter into this Agreement with the District which would provide for eventual annexation and dissolution of the District by the City, and address issues related to administration of the district, provision of services, and other regulatory and financial matters. 5. The City and Walton Texas, LP (an Owner, as such term is defined in the Development Agreement) entered into a Development Agreement, dated , 2014, regarding the development of the Property in the District. 6. The District and its residents and property owners desire to postpone City's annexation of the District in accordance with the terms of this Agreement, the Development Agreement and Consent Agreement and to provide for the construction and financing of water, wastewater, drainage and road projects and future division of District which benefit residents of the District and the City.