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3.5. All activities, grants awarded or funds expended for the project shall be subject to the <br />terms and conditions of any pre-existing grant of funding restrictions in place on any land <br />owned by the City that is part of the project. <br />3.6. All forms of conveyance, deeds, easements, terms and conditions regarding management <br />of activities, maintenance, construction and similar activities, including the allocation of <br />risk, and provisions concerning liability, insurance and indemnification shall be negotiated <br />and agreed upon in writing before acceptance of the Lone Star Prize. <br />4. Article 4. City -retained Authority and Responsibility <br />4.1. The City may collect parking fees and other means of revenue to be used for the City of <br />San Marcos Parks and Recreation Department during the initial 5 -year period and beyond. <br />4.2. Mutual approval of trail locations. <br />4.3. Approval, in its sole discretion, of the final terms and conditions of the Lone Star Prize or <br />any grant awarded for the project to the extent such final terms and conditions affect <br />property owned or controlled by the City, or the expenditure of City funds. <br />4.4. Provide customary enforcement of park rules on tracts owned by the City. <br />5. Article 5. SMRF-retained Authority and Responsibility <br />5.1. Mutual approval of trail locations. <br />5.2. To cease the grant application process at any time. <br />5.3. Retain ownership of acquired tracts if desired. <br />6. Article 6. Miscellaneous Provisions <br />6.1. Term. Subject to either party's right to terminate earlier under 6.3, the term of this <br />Agreement will be for the period of the project Lone Star Prize. <br />6.2. Renewal. This Agreement may be renewed for additional five-year periods thereafter <br />upon mutual agreement of the parties. <br />6.3. Termination. Notwithstanding any other provision in this Agreement regarding the term <br />or default and termination, this Agreement may only be terminated: a) up until the time <br />the parties agree to the terms and conditions of the Lone Star Prize and the Lone Star Prize <br />is accepted, this Agreement may be terminated for convenience by either party upon <br />providing 30 days' written notice of termination to the other party; and b) for failure of <br />the other party to comply with its obligations herein. <br />6.4. Severability. If any clause or provision of this Agreement is determined to be illegal, <br />invalid or unenforceable, it is the intention of the parties that the remainder of this <br />Agreement will not be affected, and the parties declare that this Agreement would have <br />been entered into without the unenforceable portion. <br />6.5. Amendments. This Agreement may not be altered, changed, or amended, except by a <br />written document signed by both parties. The terms, provisions, covenants and conditions <br />contained in this agreement will apply to, inure to the benefit, and be binding upon the <br />Scanned with CarnScanner <br />