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Ord 2022-005/Granting the Consent of the city of San Marcos to the creation of Hays County Municipal Utility District No. 8 including approx 567.663 Acreas vicinity of old Bastrop Hwy. Between Redwood Rd and San Marcos River.
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Ord 2022-005/Granting the Consent of the city of San Marcos to the creation of Hays County Municipal Utility District No. 8 including approx 567.663 Acreas vicinity of old Bastrop Hwy. Between Redwood Rd and San Marcos River.
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9/21/2022 2:42:48 PM
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4/18/2022 3:40:00 PM
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Agreement
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legal holidays; however, if the final day of any time period falls on a Saturday, Sunday, or legal <br />holiday, then the final day will be deemed to be the next day that is not a Saturday, Sunday, or <br />legal holiday. <br />Section 7.09 Authority for Execution. The City certifies, represents, and warrants that the <br />execution of this Agreement is duly authorized, and that this Agreement is adopted in conformity <br />with its charter and City ordinances. Each Owner hereby certifies, represents, and warrants that <br />the execution of this Agreement is duly authorized and adopted in conformity with its limited <br />liability company agreement. <br />Section 7.10 Force Majeure. Each Party shall use good faith, due diligence, and reasonable <br />care in the performance of its respective obligations under this Agreement; however, in the event <br />a Party is unable, due to force majeure, to perform its obligations under this Agreement, then the <br />obligations affected by the force majeure shall be temporarily suspended. Within five (5) days <br />after the occurrence of a force majeure, the Party claiming the right to temporarily suspend its <br />performance shall give notice to all the Parties, including a detailed explanation of the force <br />majeure and a description of the action that will be taken to remedy the force majeure and <br />resume full performance at the earliest possible time. The term "force majeure" means events or <br />circumstances that are not within the reasonable control of the Party whose performance is <br />suspended and that could not have been avoided by such Party with the exercise of good faith, <br />due diligence and reasonable care, including, without limitation, acts of God or the public <br />enemy, war, terrorism, criminal activity, riot, civil commotion, insurrection, government or de <br />facto governmental action or failure to act (unless caused by the intentionally wrongful acts or <br />omissions of the Party), fires, explosions, floods, hurricanes, adverse weather, materials or labor <br />shortages, strikes, slowdowns, work stoppages, or epidemics or pandemics. <br />Section 7.11 A14reement Binds Succession and Runs with the Land. This Agreement shall <br />bind and inure to the benefit of the Parties and their respective successors and assigns. The terms <br />of this Agreement shall constitute covenants running with the land comprising the Property. <br />Section 7.12 Exhibits. The following exhibits are attached to this Agreement and made a part <br />hereof for all purposes: <br />Exhibit A <br />Legal Description of the Property <br />Exhibit B <br />Form of Joinder Agreement <br />Exhibit C <br />Form of Consent Ordinance <br />Exhibit D <br />Form of Strategic Partnership Agreement <br />[SIGNATURE PAGES FOLLOW] <br />s <br />964507_3 <br />
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