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t., • <br /> <br />Lower Colorado River Authority <br />Post Office Box 220 Austin, texas 78767 AC 512 473.3200 <br />R. M. TINSTMAN, Director of Administration • 473-3244 <br />September 18, 1981 <br />1 <br />Mr. A. C. Gonzales <br />City Manager <br />City of San Marcos <br />630 East Hopkins <br />San Marcos, Texas 78666 <br />SUBJECT: Franchise Agreement <br />Dear Mr. Gonzales: <br />This is pursuant to our recent discussion and pertains <br />to the development of a franchise agreement between the City of <br />San Marcos and LCRA. We are in basic agreement on the franchise, <br />and it is not our intent or desire to delay the enactment of the <br />franchise by October 1 so as to enable the collection of the <br />additional two percent on gross receipts for municipal revenue <br />purposes. <br />This is submitted as a "Letter of Understanding" in an <br />effort to accomodate three relatively small, but nonetheless <br />desirable, changes in the franchise agreement. We regret that <br />these matters did not come to the attention of the LCRA staff <br />prior to this time and apologize for any inconvenience. <br />The proposed changes in the Agreement are as follows: <br />1. Add the phrase "....within the existing public right- <br />of way...." following the phrase requiring LCRA "....at <br />its expense to relocated its facilities...." in the last <br />sentence of Section I. <br />2. Delete in Section I, line 4, the archaic terms: <br />"....mains, pipes....". <br />3. Provision for termination of the Agreement by either <br />party following six months written notice.