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<br /> Krvl 1/ <br /> PIPE LINE LICENSE <br /> THIS AGREEMENT No made thi... 1st day of February .19~. <br /> between the M ISSOLJ RI-KANS AS-TEXAS RAILROAD COMPANY, hereinafter called "licensor", and <br /> CITY OF SAN MARCOS, TEXAS <br /> <br /> hereinafter called "licensee", <br /> WITNESSETH: <br /> ARTICLE I. <br /> 1. Term: This agreement shall take effect the date hereof, and unless sooner termi- <br /> nated as provided herein, shall continue in force so long as used for the purpose herein <br /> se~ out for a period of ten (10) years, or until terminated by either party giving the <br /> other party n~t less than thirty (30) days' advance notice in writing of an intention to <br /> terminate the same, the agreement to terminate upon the expiration of such term or notic~, <br /> whichever occurs first. Licensee is hereby given a renewal option at a price and term to <br /> be negotiated no sooner than 120 days or less than 30 days prior to the expiration of this <br /> term. In the event the amount of renegotiated rental is not agreed to in writing by both <br /> parties, prior to the expiration of the term of this license, this license shall automati- <br /> cally terminate without notice, effective the last day of the expiring term. <br /> 2. Consideration and Description: In consideration of EIGHT HUNDRED NINETY FIVE AND <br /> No/IOO---------------------------------------------------($ 895.00 ) DOllARS <br /> receipt of which is hereby acknowledged, and of the covenants of Licensee as hereinafter set forth. licensor hereby grants a license <br /> and permission to Licensee to construct, reconstruct. use, maintain, operate, repair and instß.1l by boring method. <br /> one pipe lines(s) encased in a carrier pipe not exceeding twelve ( 12 "') inches in diameter, to be <br /> used for ca rryinZ water across 0 r <br /> along licensor's property at or near San Marcos In the County of Hays :lod State <br /> of Texas For convenience, the said pipe line is hereinafter referred to as "Crossing". The location of said <br /> Crossing is more particularly described as follows: <br /> Said twelve (12 ") inch water pipe line <br /> crosses said Railroad Company's premises <br /> at an angle of 90 degrees, 00 minutes, <br /> more or less, measured from the centerline <br /> of said Railroad Company's Lockhart Sub- <br /> division main track at Mile Post M-51.26 <br /> being main track valuation chaining station <br /> 2699 plus 17.5, distant 65.5 feet, more or <br /> less, measured northeasterly along the <br /> centerline of said main track from the <br /> centerline of the east Frontage Road I.H. <br /> 35 at 2699 plus 83. Said pipe line is <br /> not within the limits of a public crossing. <br />