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<br /> (d) Counsel for the City (Sawtelle, Goode, Davidson and <br /> Troilo, A Professional Corporation) shall have delivered an <br /> opinion dated the Closing Date, as to all the matters contained <br /> within the representations and warranties relating to (1) the <br /> organization of CITY, (2) CITY's authority relative to, <br /> and the validity and enforceability of, this Agreement, and <br /> (3) litigation matters. The form of such counsel's opinion is <br /> marked as Exhibit 11 attached to this Agreement and incorporated <br /> at this point by reference. <br /> (e) CITY shall have acknowledged its acceptance and <br /> approval of the terms and conditions of the agreements attached to <br /> this Agreement as Exhibits l4A, 14B, 15A and 15B by its execution <br /> thereof. <br /> (f) CITY shall have proposed, approved and adopted a <br /> resolution relating to the purchase of the Property described in <br /> this Agreement in substantially the form of an instrument marked <br /> as Exhibit 12 attached to this Agreement and incorporated at this <br /> point by reference. <br /> (g) The majority of the eligible voters shall have <br /> voted favorably upon the July 26,1986 Bond Election of the CITY <br /> authorizing the issuance of $l7,100,000.00 Electric System Revenue <br /> Bonds and there shall have been no contest of said election. <br /> 7.08 The obligation of CITY to make the payment to LCRA <br /> required to be made by CITY pursuant to this Agreement is subject <br /> 14. <br />