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City Council; and b) the appropriation of lawfully available funds for payment of the Purchase <br /> Price and all of Buyer's Closing Costs by the San Marcos City Council. If no such approval is <br /> obtained and appropriation made, Seller shall have no recourse against Buyer for such reasons and <br /> this contract shall be of no further force and effect. <br /> N. Special Provisions <br /> 1. Subject to TWDB Award This contract is subject to the approval of the award to <br /> Buyer of grantor loan funds from the Texas Water Development Board specifically for the purpose <br /> of purchasing the Property as evidenced by written notice of award or approval from the Texas <br /> Water Development Board, together with written notice that all conditions or contingencies, <br /> including approval of the terms and form of this contract, have been satisfied. Buyer's obligation <br /> to close is subject to the terms of this paragraph. <br /> 2. Termination of Grazing Leases. On or before the Closing Date, Seller shall provide <br /> written confirmation that all grazing or other leases affecting the Property have been terminated <br /> effective on a date that is on or before the Closing Date. Buyer's obligation to close is subject to <br /> the terms of this paragraph. <br /> [SIGNATURES ON FOLLOWING PAGES] <br /> II <br />