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The general nature of the work to be done within. the Land is the construction, <br /> acquisition, maintenance and operation of a waterworks and sanitary sewer system, a <br /> drainage and storm sewer system,and road facilities. <br /> V. <br /> There is,for the following reasons, a necessity for the above-described work. The <br /> Land, which will be developed for commercial and/or residential purposes, is urban in <br /> nature,is within the growing environs of the City, is in close proximity to populous and <br /> developed sections of Guadalupe County, Texas, and within the immediate future will <br /> experience a substantial and sustained residential and commercial growth. There is not <br /> now available within the Land an adequate waterworks and sanitary sewer system nor <br /> an adequate drainage system, nor road facilities, and it is not presently economically <br /> feasible for the Land to provide for such systems and facilities itself. Because the health <br /> and welfare of the present and future inhabitants of the Land and of lands adjacent <br /> thereto require the construction, acquisition,maintenance and operation of an adequate <br /> waterworks and sanitary sewer system and a drainage and storm sewer system,and road <br /> facilities, a public necessity exists for the annexation of the Land into the District, to <br /> provide for the purchase, construction, extension, improvement, maintenance and <br /> operation of such waterworks and sanitary sewer system and such drainage and storm <br /> sewer system,and such road facilities,so as to promote the purity and sanitary condition <br /> of the State's waters and the public health and welfare of the community. <br /> Vl. . <br /> The undersigned estimate, from such information as they have at this time, that <br /> the cost of extending the District's facilities to serve the Land is$14,535,000. <br /> VII. <br /> CONTINENTAL HOMES OF TEXAS, L.P., a Texas limited partnership, has <br /> entered into an earnest money contract to purchase all or a portion of the Land and <br /> desires to be considered a Petitioner for addition of the Land to the District. <br /> WHEREFORE, the undersigned respectfully pray that this petition be heard and <br /> granted in all respects and that the City give its written consent to the annexation of the <br /> Land into the District. <br /> [EXECUTION PAGES FOLLOW] <br /> -2- <br /> 1192059 <br />