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the Owner shall be required to apply for such permits from the City as are required under <br />applicable ordinances of the City. <br />Section 5.13. Binding on Successors; Recording. This Agreement is binding on all <br />successors and assigns of the Owner. The Owner hereby grants its consent to the City to record <br />this Agreement, a memorandum of this Agreement or other instrument providing notice of the <br />waiver granted and other terms under this Agreement in the Official Public Records of Hays <br />County, Texas. <br />EXECUTED to be effective as of the Effective Date. <br />CITY OF SAN MARC <br />M. <br />Jj7ed MCity Manager <br />SAN MARCOS 123 AND 35 PARTNERS TWO, L.L.C.: <br />By: , QW 1�� <br />Name: Al). <br />Title: L� <br />11 <br />