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<br /> If City should determine that this condition precedent has <br /> been satisfied, it shall send written notice to Robert L. <br /> Nichols at his offices in Fort Worth, Tarrant County, <br /> Texas, setting out the manner in which the City believes <br /> this condition was satisfied and an estimate of the amount <br /> of money which City believes is due under the terms of the <br /> Promissory Note. <br /> In the event of a dispute between the parties hereto as to <br /> the occurrence or non-occurrence of the conditions precedent, <br /> the parties hereto agree to submit the dispute to arbitration <br /> under the rules and regulations of the Texas General <br /> Arbitration Act. <br /> This Promissory Note and Compromise Settlement Agreement <br /> is signed and accepted by the parties hereto on the date set <br /> forth below their signatures. <br /> FREESE & NICHOLS, INC. <br /> By: (J)jjwß ~ ~-2W <br /> Robert L. Nichol <br /> President <br /> Date: /fpn ï Zç. IC¡~S- <br /> / <br /> THE CITY OF SAN MARCOS <br /> BY:~ -- <br /> . C. Gonzal~ <br /> City Manager <br /> Date: 71 Af^,J V'llr <br /> <br /> PROMISSORY NOTE AND COMPROMISE SETTLEMENT AGREEMENT, Page 2 <br />