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1.4 City and County, as units of local government, are authorized by §791.011 of the <br /> Texas Government Code to contract with each other to perform certain governmental functions <br /> and services.As defined in §791.003 of the Texas Government Code,such governmental functions <br /> and services include parks and recreation. <br /> 1.5 All of expenditures of the County and the City under this Agreement shall be paid <br /> only from lawfully available current revenues. <br /> 1.6 This Agreement has been approved by the Hays County Commissioner's Court and <br /> the San Marcos City Council as required by §791.011 of the Texas Government Code. <br /> H. Term of Agreement. <br /> This Agreement is made for a term beginning on 2023 and shall remain in <br /> effect until all real property interests as described in the Project Description have been purchased <br /> by the City, until the County has paid up to $2,000,000.00 in Bond Funds to the City specifically <br /> for the Project, or until otherwise terminated by either Party under the terms of this Agreement. <br /> III. City's Duties <br /> In consideration of County's obligations under this Agreement, City shall: <br /> a. Identify the various real property interests, e.g., easements, right-of-way or <br /> fee ownership, as necessary to complete the Project. <br /> b. Conduct surveys, title searches and other due diligence investigations of <br /> real property and obtain appraisals in connection with property interests as necessary to <br /> complete the Project. <br /> C. Enter into contracts with property owners for the purchase of said real <br /> property interests and close on the purchases thereof as provided under the terms of each <br /> contract. <br />