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Real Estate Sales Contract <br /> This contract to buy and sell real property is between Seller and Buyer as identified below <br /> and is effective on the date ("Effective Date") of the last of the signatures by Seller and Buyer as <br /> parties to this contract and by Title Company to acknowledge receipt of the Earnest Money.Buyer <br /> must deliver the Earnest Money to Title Company and obtain Title Company's signature before <br /> the Earnest Money Deadline provided in section A.1. for this contract to be effective. <br /> Seller: San Marcos River Foundation, Inc., a Texas non-profit corporation <br /> Address: P.O. Box 1393, San Marcos, Texas 78667-1393 <br /> Phone: 512.787.6392 <br /> E-mail: wassenich@grandecom.net <br /> Seller's Attorney: Gene Majors, Majors Law Firm, LLP <br /> Address: 100 E. San Antonio, Ste. 102, San Marcos, Texas 78666 <br /> • Phone: 512-392-1273 <br /> E-mail: gene@majorslawfirm.com <br /> Buyer: City of San Marcos <br /> Address: 630 E. Hopkins St. San Marcos, TX 78666 <br /> Phone: 512.393.8130 <br /> E-mail: psteed@sanmarcostx.gov <br /> Property: 248.711 acres, more or less, of land as described in Exhibit A, attached <br /> hereto and made a part hereof for all purposes. <br /> Title Company: San Marcos Title Company <br /> Address: 100 East San Antonio Street, Suite 101, San Marcos, Texas 78666 <br /> Phone: 512.353.1782 <br /> Purchase Price: $3,062,700.00 <br /> Earnest Money: $1,000.00 <br />