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AMENDED AND RESTATED REAL ESTATE SALES CONTRACT <br />The City of San Marcos, Texas ("Seller") and Life Style Development, L.L.C. ("Buyer") <br />entered into that certain Real Estate Sales Contract dated February 4, 2016 for the purchase of Lot <br />1-A and Lot 2, Cottonwood Parkway Addition Amended, together with an associated 52 foot wide <br />road reserve (the "Original Contract"). The Purchase Price under the Original Contract was <br />$3,265,000. The Closing Date under the Original Contract was 21 days after an Inspection period <br />ending May 4, 2016. <br />By a series of amendments to the Original Contract, the Property was enlarged to include <br />an approximately 3.66 -acre tract adjacent to the original Property and the Purchase Price was <br />adjusted accordingly to specify a price per square foot for the various tracts for a Purchase Price <br />of $3,114,317.15. By such amendments, the Closing Date was also extended to October 6, 2017 <br />upon payment by Buyer of extra deposits of earnest money ("Additional Earnest Money"). Among <br />other things, by this Amended and Restated Real Estate Sales Contract (the "contract"), the Parties <br />wish to enable Buyer to purchase the Property in two separate phases. This contract amends and <br />restates the Original Contract. Upon execution of this contract by Seller and Buyer and delivery <br />by �PQRWo be added to the Earnest Money, this contract shall become effective and <br />relate back to the Effective Date of the Original Contract. <br />Seller: City of San Marcos, Texas <br />Address: 630 East Hopkins Street, San Marcos, Hays County, Texas 78666 <br />Phone: 512.393.8151 <br />Fax: 855.759.2846 <br />E-mail: sagWrre@sann7arcostx.gov <br />Entity Type: Texas home rule Municipal Corporation <br />Seller's Broker: Carter Breed, CBRE, Inc, <br />Address: 100 Congress Avenue, Suite 500, Austin, Texas 78701 <br />Phone: 512.499.4923 <br />Fax: 512.499.4999 <br />E-mail: earter. breed@ebre.00777 <br />Buyer: Life Style Development L.L.C. <br />Address: 4851 Keller Springs Rd., Suite 209, Addison, Dallas County, Texas 75001 <br />Phone: 972.733,0096 <br />