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<br /> 37 <br /> TEXAS DEPARTMENT OF COMMUNITY AFFAIRS <br /> CONTRACT FOR <br /> TEXAS COMMUNITY 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 City of San Marcos, hereinafter referred to as <br />"Contractor". The parties hereto have severally and collectively agreed and by <br />the execution hereof are bound to the mutual obligations and to the performance <br />and accomplishment of the tasks described herein. <br />SECTION 2. CONTRACT PERIOD <br />This contract and agreement shall commence on November 15, 1983, and shall <br />terminate on October 31, 1984, unless otherwise specifically provided by the <br />terms of this contract. <br />SECTION 3. CONTRACTOR PERFORMANCE <br />Contractor shall conduct, in a satisfactory manner as determined by Department, <br />a community development program in a nonentitlement area under Title I of the <br />Housing and Community Development Act of 1974, as amended (42 U.S.C. Sec. 5301 <br />et ~.), hereinafter referred to as the Act. Contractor shall perform all <br />activities in accordance with the terms of the Performance Statement, <br />hereinafter referred to as Exhibit A; the Budget, hereinafter referred to as <br />Exhibit B; the Project Implementation Schedule, hereinafter referred to as <br />Exhibit C; the Applicable Laws and Regulations, hereinafter referred to as <br />Exhibit D; and with all other terms, provisions, and requirements set forth in <br />this contract. <br />SECTION 4. DEPARTMENT OBLIGATIONS <br />A. Measure of Liability <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 />receipt of adequate state and/or federal funds to meet Department's liabilities <br />under this contract. If adequate funds are not available to make payments <br /> PAGE 1 OF 10 <br />ç. {LOS? ó <br />