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CITY OF SAN NIARCOS CONSENT TO <br />ASSIGNMENT AND AssuN-wr[ON <br />The City joins in this Assignment for the sole purpose of consent to such assignment <br />under Section 2.4.1 of the Participation Agreement. Subject to satisfaction of all terms, <br />conditions, and requirements of the City Development Agreement and the Participation <br />Agreement, the City agrees to pay and deliver the Lift Station Reimbursement provided for in <br />Section 2.2 of the Participation Agreement to Corridor Title, LLC, as escrow agent for C&G and <br />Horton. <br />City of San Marcos <br />By: - ) IL �'t — <br />Naive: VK'1 -_ <br />Title: _ 6r14— f , <br />Date: <br />ASSIGNINIENT AND ASSUMPTION OF <br />DEVELOPER PARTICIPATION AGREENIENT Page 6 Vista da las Santos <br />9761452v.2 <br />