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Res 2018-075/approving a second amended and restated Development Agreement with Lazy Oaks Ranch, LP and its partial assignees in connection with the La Cima Development near the intersection of Old Ranch Road 12 and Wonder World Drive that, among other
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Res 2018-075/approving a second amended and restated Development Agreement with Lazy Oaks Ranch, LP and its partial assignees in connection with the La Cima Development near the intersection of Old Ranch Road 12 and Wonder World Drive that, among other
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Agreement
Number
2018-75
Date
5/15/2018
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landscape buffer setback area shall be maintained free of all, trash, rubbish, debris or other <br />similar nuisances and fire hazards in accordance with this agreement and the requirements <br />ofthe City ofSan Marcos Code ofOrdinances. <br />7. The boundary between the Residential 2 U6Aoneo and southeastern most portion of the <br />"Conservation orOpen Space orProposed Habitat(RHCP) Preserve" as illustrated mmthe <br />Conceptual Land Use Plan and generally located between the existing Fox Ridge/Settlement <br />subdivisions and the Residential 2U64area within the Project, oouthnfPupgatoryCreek.haa <br />been delineated with GIS coordinates as provided on the Conceptual Land Use Plan. <br />1.05 Public Infrastructure Improvements <br />A. The City hereby agrees toallow the extension, improvements of, and connections toCity water <br />and wastewater facilities tm provide service bothe Project uptoamaximum of4.ODQservice units <br />equivalent. Owner anticipates that the Project will require 4.000 service units of vvabor and <br />wastewater from the City, /# the time ofexecution ofthis Agreement, City anticipates that itwill <br />have sufficient water and wastewater capacity toserve the Project. City further acknowledges <br />that its approval of any subdivision plat of property within the Project shall constitute a <br />representation by the City that it has amffiu1ant water and wastewater capacity available to serve <br />the platted lots atthe time of plat approval. <br />B. All water and wastewater infrastructure required to serve the Project shall be designed and built <br />to the City's construction standards and in conformance with all rules, regulations and ordinances <br />related to the construction and extension of water and wastewater utilities in effect at the time of <br />submittal of construction plans and shall be subject to review and inspection by the City prior to <br />acceptance. <br />C. The property owner/developer shall be responsible for the payment of all costs associated with <br />the extension and improvements of infrastructure required to properly serve the development of <br />the Propedy, which costs may befinanced through the PID described in Section 1.05.13 below. <br />Prior to the acquisition of any off-site easements or rights-of-way the proposed utility alignments <br />mho|| be approved by the City. The Owner is responsible for the acquisition of all necessary <br />easements to serve the proposed development. In the event the Owner is unable toacquire an <br />easement through reasonable commercial efforts the Owner may request the assistance of the <br />City. Within 30 days of the receipt ofa written request from the Owner, the City will commence <br />an effort, exercising all powers available to the City as a Home Rule municipality, acquire the <br />necessary easements. The City will direct the work of an acquisition team, acceptable to the City <br />and the Owner, contracted and paid by the Owner, in order to acquire the necessary easements. <br />D. Notwithstanding the fonagoing, nothing herein shall be construed to prohibit the parties and/or <br />adjacent developments or subdivisions from mutually agreeing to cost participate or oversize <br />reimbursement on specifically defined infrastructure in accordance with applicable City and State <br />� <br />requirements for such participation or reimbursement. <br />E. To ensure a high quality, attractive development, where feasible, all utility infrastructure, including <br />but nc�t limited to water, wastewater and electrical infrastructure, for the Project shall be placed <br />undeqJnnund. All utility appurtenances that are required to be above ground may be placed <br />above ground as necessary to serve the development of the Property. All extensions shall be <br />made |napublic utility easement orpublic right-of-vay(ROW). <br />F. The Owner hereby requests and supports the City expanding its water and wastewater <br />Certificate of Convenience and Necessity areas as necessary to serve the development of the <br />Project. <br />G. The City hereby acknowledges that the County authorized the creation of a Public Improvement <br />District ("PID") on the Existing Property (the"ExiofinQ PID") on September 23, 2014, purouant�to <br />m County Resolution adopted obrmuentto Chapter 372 of the Local Government Code (the <br />"Existing P|0 Resolution"). ' <br />H. The City hereby recognizes and acknowledges thatoweroizlng of infrastructure improvements <br />may be necessary to accommodate future growth and development of adjacent properties. In <br />the event that oversizing is determined to be appropriate, the City shall enter into an agreement <br />with the Owner |maccordance with Section 7.1.3.1 ofthe Land Development Code. <br />!. The City and the County are willing to consider Chapter 38O and Chapter 381 economic <br />development incentive agreements for the commercial portions of the Project. The temna. <br />10 <br />269635 1.1 <br />
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