Res 2021-087/making findings as to the advisability of the improvements proposed in the Whisper South Public improvement District

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PROPOSED PROJECT TIMETABLES ENTITLEMENT TIMETABLE The City of San Marcos has received an application for a development agreement (the "Development Agreement") for the Hopson and Nicolai Parcels which are located outside the City Limits, but within the extraterritorial jurisdiction (ETJ) of the City. The City Council authorized negotiations on April 6, 2021. a. The Development Agreement shall include annexation terms which require annexation concurrent with the City Council approval: of (i) the issuance of PID bonds; and (ii) zoning approvals of the NOB Parcel. b. The Development Agreement shall substantively mirror the provisions of the Whisper Texas Planned Development District as it relates to development standards for the Whisper South development. c. Development Agreement negotiation shall conclude no later than six (6) months following commencement, unless otherwise directed by the Whisper South City Council Committee. 2. Within 10 business days of the establishment of the PID boundaries by action of the City Council, the Developer shall submit the appropriate applications to initiate zoning changes for the portion of the Project located within the City Limits. a. Zoning change requests shall receive final action of the City Council no later than six (6) months following the submittal of a complete application. Within 10 business days of the formation of the PID by action of the City Council, the Developer shall submit a formal request for the entire NOB Parcel (216 acres) to be served by the City of San Marcos Water CCN. City and Developer acknowledge and agree that the remainder of the Whisper South PID will be located within the Maxwell Special Utility District ("Maxwell SUD") CCN. a. Said letter shall include a metes and bounds description of the entire NOB Parcel, some of which is not currently served by a water CCN. 4. Within 10 business days of the formation of the PID by action of the City Council, the Developer shall submit a formal request to be served by the City of San Marcos Wastewater CCN. City and Developer acknowledge and agree that the entire Whisper South PID will be serviced and located within the City of San Marcos Wastewater CCN. a. Said letter shall include a metes and bounds description of the area currently not served by a wastewater CCN. PID Petition 13