Ord 2016-051/request by Metcalfe, Wolfe, Stuart & Williams on behalf of Walton Texas, LP, for an amendment to the approved Consent Agreement for Cotton Center Municipal Utility District #1 (Ordinance 2014-70) to change the requirement of creating a Sub-D

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ORDINANCE NO. 2016-51 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS AMENDING ORDINANCE NO. 2014-70 CONSENTING TO THE CREATION OF COTTON CENTER MUNICIPAL UTILITY DISTRICT NO. 1 WITHIN THE CITY'S EXTRATERRITORIAL JURISDICTION TO PROVIDE FOR AN AMENDMENT TO THE CONSENT AGREEMENT TO EXTEND THE DATE FOR THE REQUIRED CREATION OF A SUBDISTRICT TO WITHIN SIXTY MONTHS FROM THE DATE OF THE CONFIRMATION ELECTION; AND PROVIDING FOR AN EFFECTIVE DATE. RECITALS: 1. The City of San Marcos, upon receiving a Petition for Consent to the Creation of a Municipal Utility District No. 1 for 2,358 acres currently located in the City's extraterritorial jurisdiction, granted consent for the creation of Cotton Center Municipal Utility District No. 1 on December 14, 2014. 2. The Texas Legislature authorized the creation of Cotton Center Municipal Utility District No. 1 with the passage of House Bill 1372, during the Regular 84th Legislative Session, effective June 1, 2015. 3. As authorized by the Legislation, an election to confirm the creation of the District and the election of permanent directors was held on May 7, 2016. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: SECTION 1. The City Council of the City of San Marcos, Texas approves the First Amendment to the Consent Agreement for the Creation of the Cotton Center Municipal Utility District, attached as Exhibit A, to extend the date of required creation of a Sub-District by three years to provide that a Sub-District must be created within sixty (60) months from the date of the confirmation election which occurred on May 7, 2016. SECTION 2. The City Manager is authorized to execute the First Amendment to the Consent Agreement for the Cotton Center Municipal Utility District. SECTION 3. All ordinances and resolutions or parts of ordinances or resolutions in conflict with this ordinance are repealed. SECTION 4. . This ordinance shall be effective upon passage and adoption on second reading. PASSED AND APPROVED on first reading on December 6, 2016.