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<br />Page 6. <br /> <br />Deletion of sentence from first full paragraph on page <br /> <br />under Article III.A. <br /> <br />"Upon the issuance and sale of its bond anticipation notes or <br /> <br />bonds <br /> <br />for <br /> <br />purposes <br /> <br />authorized <br /> <br />herein, <br /> <br />the District <br /> <br />shall <br /> <br />pay <br /> <br />Developer the cost of construction of any facilities constructed <br /> <br />or financed by Developer to the extent authorized by the Texas <br /> <br />Water Commission. <br /> <br />To the extent the District is not permitted to <br /> <br />pay Developer for any facility for capacity necessary to serve <br /> <br />the <br /> <br />District, <br /> <br />Developer <br /> <br />shall <br /> <br />dedicate <br /> <br />such <br /> <br />facility <br /> <br />to <br /> <br />the <br /> <br />District without compensation. <br /> <br />Developer understands and agrees <br /> <br />that <br /> <br />its ownership interest in the Reg ional faci Ii ties, <br /> <br />other <br /> <br />than <br /> <br />its ownership interest in the reserved capacity in these <br /> <br />facilities, <br /> <br />shall <br /> <br />transfer <br /> <br />in <br /> <br />fee <br /> <br />to <br /> <br />the <br /> <br />City, <br /> <br />without <br /> <br />compensation <br /> <br />except <br /> <br />as <br /> <br />provided <br /> <br />in <br /> <br />this <br /> <br />Agreement, <br /> <br />upon <br /> <br />inspection <br /> <br />and <br /> <br />acceptance <br /> <br />of <br /> <br />such <br /> <br />facilities <br /> <br />by <br /> <br />the <br /> <br />City. <br /> <br />P r-Ð-V-i-à-eè-,--- Hew€- V:EH=-r--~---ÐbJ:..i ~ ~ - --t,.e- <br /> <br />d 0 Q.,i-oa-1;e-----w-i.~t <br /> <br />eempe-as-a-t:-i:-eR--e~~-ba-v:e--Be---eH-eet--GB-&Ðe-~.,i4:~s--Qb 1 i g âH-GA-S-1:-a <br /> <br />Secl-.i:-efl--F--ee-!-ew- ~-e- rei mbtrr5e--ge-v:e-~e1--~&£--een c t r u e-t-i-GR-.g.f..-G4-t~4; <br /> <br />þr-e--:Jf-ëH:~éH"~~--ea-~ . " <br /> <br />Page 8. <br /> <br />Deletion of last 2 sentences of Section "B(2)" of <br /> <br />Article III. <br /> <br />" ( 2) <br /> <br />It is expressly understood by all parties that the City <br /> <br />shall have and retain the right to review and approve all plans <br /> <br />and specifications for and inspect construction of all Regional <br /> <br />facilities, <br /> <br />including the facilities referred to in Sections A <br /> <br />5H:63600.47/49 <br /> <br />-2- <br />