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Bk Vol Pg 1001.0801 BPR 3872 794 INTERLOCAL DEVELOPMENT AGREEMENT This INTERLOCAL DEVELOPMENT AGREEMENT (this "Agreement ") is made as of the 6th day of April, 2010 (the "Effective Date "), by and between The City of San Marcos, a Texas Municipality ( "City "), and Hays County, a political subdivision of the State of Texas ( "County "). City and County are hereinafter collectively referred to as "the Parties" or "the Parties to this Agreement." ARTICLE I: Recitals. WHEREAS, County intends to design, finance, develop, construct, renovate, own, operate and maintain the parcels of real property and improvements, if any thereon, depicted in Exhibit "A" attached hereto (hereinafter the "Project "); WHEREAS, City has jurisdictional authority over the development of the Project located within the City of San Marcos, County of Hays, Texas; WHEREAS, County desires to vacate the existing plat of the 26.981 acres, filed of record on February 18, 2009 in Vol. 15, Page 86 of the Hays County Plat Records and re -plat the cumulative acreage of 35.971 acres, including an additional 8.99 acres, identified on Exhibit "A" attached hereto; WHEREAS, County intends to construct, as part of the Project, a local government facility that will exceed 230,000 square feet and provide space for many of Hays County's staff and governmental services; WHEREAS, City recognizes that the construction of a government center as part of the Project would enhance business and economic development in the area; NOW THEREFORE, in consideration of the mutual promises and covenants contained herein, and intending to be legally bound hereby, City and County hereby agree as follows: ARTICLE II: City Terms and Conditions. 2.1. Extension of Stagecoach Road City hereby agrees that until such time as County applies and receives a building permit for permanent improvements on the 8.99 acres, depicted in Exhibit `B" and attached hereto, there will be no requirement for the extension of Stagecoach Road past the existing cul -de -sac which has a final station of 1594.02 (per Exhibit "C" attached hereto). 2.2. Extension of Domestic Waterline City hereby agrees that until such time as County applies and receives a building permit for permanent improvements on the 8.99 acres, depicted in Exhibit `B" and attached hereto, there will be no requirement for the extension of the domestic waterline past its current termination point of station 1881.74 (per Exhibit "D" attached hereto). Interlocal Development Agreement Pg. - 1