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<br />12 attached to this Agreement and incorporated herein by <br /> <br />reference. <br /> <br />(e) <br /> <br />CITY shall have acknowledged its acceptance and <br /> <br />approval of the terms and conditions of the agreements attached to <br /> <br />this Agreement as Exhibits 15 and 16 by its execution and delivery <br />thereof. <br /> <br />(f) <br /> <br />CITY shall have proposed, approved and adopted a <br /> <br />resolution relating to the purchase of the Property described in <br /> <br />this Agreement in substantially the form of an instrument marked <br /> <br />as Exhibit 13 attached to this Agreement and incorporated herein <br />by reference. <br /> <br />(g) <br /> <br />The majority of the eligible voters shall have <br /> <br />voted favorably upon the July 26, 1986 Bond Election of the CITY <br /> <br />authorizing the issuance of $17,100,000.00 Electric System Revenue <br />Bonds and there shall have been no contest of said election. <br /> <br />7.08 The obligation of CITY to make the payment to LCRA <br /> <br />required to be made by <br /> <br />CITY pursuant to this Agreement is subject <br /> <br />to the fulfillment, prior to or at the Closing, of each of the <br /> <br />following conditions, or the waiver of such conditions by CITY: <br /> <br />(a) <br /> <br />CITY shall not have discovered any material error <br /> <br />or omission in the representations or warranties made by LCRA <br /> <br />herein. <br /> <br />( b) <br /> <br />LCRA shall have made delivery to CITY of <br /> <br />certificates, dated the date of Closing, of officials of <br /> <br />LCRA, confirming the accuracy in all material respects and as of <br /> <br />15. <br />