Res 2008-035 - Laserfiche WebLink

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and the Hays County Auditor, County shall make a final payment to Contractor as provided in Section 3.3(i) of this Agreement. VI. Conditions Precedent. 6.1 This Agreement shall become effective and binding on the City and the County upon approval by the Hays County Commissioners Court and the San Marcos City Council and the acceptance of its terms and conditions by resolution of the Board of Directors of The Village of San Marcos, Texas. The resolution of the Board of Directors shall be attached hereto as Exhibit "C" and shall provide that: a) the Board acknowledges receiving a copy of this Agreement and has no objections to the terms hereof; b) resolves to act in accordance with the terms and conditions of this Agreement, where appropriate, and perform all acts it is required to perform hereunder; and c) resolves to accept an amendment to the existing Subrecipient Agreement between the City of San Marcos, Texas and the Village in order to accomplish the purposes set forth in this Agreement. 6.2 The City, by way of its agreement(s) with The Village, shall obligate The Village to transfer a permanent Park and Recreational Easement, as defined below, to the County, as holder. Prior to its transfer to the County, the terms of the permanent Park and Recreational Easement must be approved as to form by the County, the City, and The Village. The Easement shall be properly recorded in Hays County's Official Public Records at or about the time of transfer. For the purposes of this Agreement "Park and Recreational Easement" shall mean an express easement that obligates the property owner to dedicate the parcels of land described in Exhibit "D" to recreational use by the public (subject to reasonable limitations of time,