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ARTICLE I <br /> PURPOSE <br /> The purpose of this Agreement is to establish a cooperative purchasing program between <br /> the Parties which allow the Parties to realize savings when purchasing materials, supplies, goods, <br /> services, or equipment, and which will facilitate the Parties' ability to satisfy state laws requiring <br /> the Parties to seek competitive bids for the purchase of goods and services. Each Party, in <br /> contracting for the purchase of supplies,materials,equipment,and services agrees,at its discretion, <br /> to extend contracts for shared use to the extent permitted by law and agreed upon by those Parties <br /> and vendors. <br /> ARTICLE II <br /> TERM <br /> The term of this Agreement shall commence on December 14, 2022, the date on which <br /> City of San Marcos City Council has approved this Agreement("Effective Date"). The Agreement <br /> shall remain in full force and effect unless superseded by a supplemental agreement or terminated <br /> as provided in this Agreement. <br /> ARTICLE III <br /> TERMINATION <br /> A Party may withdraw its participation from this Agreement by providing thirty(3 0)days' <br /> prior written notice to the other Parties. However,termination of this Agreement by a Party shall <br /> not terminate an existing contract between a Party and a vendor. <br /> ARTICLE IV <br /> PURCHASING <br /> Each Party shall designate a person to act on their behalf in all matters relating to the <br /> cooperative purchasing program. All purchases shall be effected by a purchase order or contract <br /> from the purchasing Party and directed to the vendor(s). The Parties shall make payments directly <br /> to vendors under the contracts made under Chapter 271, Subchapter F, Texas Local Government <br /> Code. The purchasing Party shall be responsible for the vendors' compliance with provisions <br /> relating to the quality of items and terms of delivery. The originating contracting Party is not <br /> responsible or liable for the performance of any vendor used by the purchasing Party as a result of <br /> this Agreement. <br /> ARTICLE V <br /> CURRENT REVENUE <br /> The Parties warrant that all payments, expenditures, contributions, fees, costs, and <br /> disbursements, if any,required of it hereunder or required by any other agreements, contracts, and <br /> documents executed, adopted, or approved pursuant to this Agreement, which shall include any <br /> exhibit, attachment, addendum, or associated document, shall be paid from current revenues <br /> available to the paying Party. The Parties hereby warrant that no debt is created by this Agreement <br /> and that any debt created through a purchase shall be the sole obligation of the purchasing Party <br /> and no obligation or liability for such debt shall be a liability of the other Parties. <br /> Interlocal Purchase Agreement between <br /> City of Georgetown,Texas,and the City of San Marcos,Texas Page 2 of 5 <br />