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<br /> 6 <br /> TEXAS DEPARTMENT OF COMMUNITY AFFAIRS <br /> CONTRACl FOR <br /> COMMUNITY AND ECONOMIC DEVELOPMENT PROGRAMS <br />STATE OF TEXAS ] <br />COUNTY OF TRAVIS] <br />SECTION 1. PARTIES TO CONTRACT <br />This contract and agreement is made and entered into by and between the Texas <br />Department of Community Affairs, an agency of the State of Texas, hereinafter <br />referred to as "Department", and the City of San Marcos, hereinafter referred <br />to as "Contractor". The parties hereto have severally and collectively agreed <br />and by the execution hereof are bound to the mutual obligations and to the <br />performance and accomplishment of the tasks described herein. <br />SECTION 2. CONTRACT PERIOQ <br />This contract and agreement shall commence on October 15, 1984, and shall <br />terminate on May 31, 1986, unless otherwise specifically provided by the terms <br />of this contract. <br />SECTION 3. CONTRACTOR PERtORMAN~~ <br />Contractor shall conduct, in a sat-is factory manner as determined by <br />Department, a community development program in a nonentHlement area under <br />Title I of the Housing and Community Development Act of 1974, as amended (42 <br />U.S.C. Sec. 5301 et ~.), hereinafter referred to as the Act. Contractor <br />shall perform all activities in accordance with the terms of the Performance <br />Statement, hereinafter referred to as Exhibit A; the Budget, hereinafter <br />referred to as Exhibit B; the Project Implementation Schedule, hereinafter <br />referred to as Exhibit C; the Applicable Laws and Regulations, hereinafter <br />referred to as Exhibit D; the Certifications, hereinafter referred to as <br />Exhibit E; the assurances, certifications, and all other statements made by <br />Contractor in its application for the project funded under this contract; and <br />with all other terms, provisions, and requirements set forth in this contract. <br />SECTION 4. DEPARTMENT OBLIGATION~ <br />A. Measure of ~iabilit~ <br /> <br />In consideration of full and satisfactory performance of the activities <br />referred to in Section 3 of this contract, Department shall be liable for <br />actual and reasonable costs incurred by Contractor during the contract period <br />for performances rendered under this contract by Contractor, subject to the <br />limitations set forth in this Section 4. <br />1. It is expressly understood and agreed by the parties hereto that <br />Department's obligations under this Section 4 are contingent upon the actual <br /> PAGE 1 OF 11 <br />!1~-d 7d2S- <br />