Ord 2018-004/amending various sections of the San Marcos City Code for consistency with, or to complement concurrent adoption of the new San Marcos Development Code (“CodeSMTX”);

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(b) The city shall not consent to the creation of any special taxing or public financing district within the city limits unless, in addition to the findings set forth in section (a) above, the city council finds that: (1) The land within the district shall be developed to a higher development standard than that required under the city's land development code and other applicable development ordinances; (2) The quality of the development over time shall be assured threugh that arc: a development agreement a. Aapproved by the city council; and enforcement duties; (3) The roads, parks, and utility infrastructure within the district shall generally be of higher quality than that required under the land development code, and other applicable development ordinances and regulations so as to reduce operation and maintenance costs to the city over time; (4) The creation of the district shall contribute to the economic development of the city and improve the quality of life for residents of the city; (5) Any loss of ad valorem property taxes incurred by the city as a result of the creation of a district may be made up through the collection of other fees and utility rates generated within the district; and (6) The district shall connect to the city's water and sewer system. If the district is located within a geographical area that falls within the certificated service territory of another utility, the district shall purchase the certificated service area and transfer it to the city at no cost. SECTION 15. Section 70.078 of the San Marcos City Code, regarding preapplication submittals in connection with the creation of utility districts,is hereby amended as set forth below. Sec.70.078. Preapplication submittals by applicant. The applicant under this division shall file the following documents with the city manager in electronic format as well as three printed copies concurrent with the letter to the city manager initiating the pre-application review process: (1) A market study prepared in conformance with state standards.