Laserfiche WebLink
RENEWAL AND EXTENSION OF A PROPERTY USE AGREEMENT BETWEEN <br /> THE CITY OF SAN MARCOS AND TEXAS STATE UNIVERSITY <br /> I. RECITALS <br /> 1.01. Effective March 3, 2003, the City of San Marcos and Southwest Texas State <br /> University, now known as Texas State University, entered into a Property Use Agreement (the <br /> "Agreement") under which the City authorized Texas State University to use designated parking <br /> areas along Charles Austin Drive and Texas State University authorized the City to use designated <br /> parking areas behind Fire Station I downtown. <br /> 1.02. The Agreement was renewed and extended through August 31,2015. <br /> 1.03. The Agreement was amended and restated on August 2, 2016, and the term was <br /> extended through July 31, 2019. <br /> 1.04. The Agreement was again renewed and extended on June 27,2019,and the term was <br /> extended through July 31,2022. <br /> 1.05. The Agreement was again renewed and extended on August 3, 2022, and the term <br /> was extended through July 31,2025. <br /> 1.06. The parties wish to renew and extend the Agreement for an additional three-year term <br /> effective August 1, 2025. <br /> 11. RENEWAL AND EXTENSION <br /> 2.01. Section 2.02 of the Agreement allows the parties,by written agreement, to extend <br /> the term of the Agreement for such additional time as they deem appropriate. <br /> 2.02. The term of the Agreement as set forth in section 2.01 is,hereby,renewed and <br /> extended for a term beginning August 1, 2025 and ending July 31,2028. <br /> 2.03 All other terms and conditions of the Agreement shall continue in full force and <br /> effect. <br /> AGREED to effective as of the date of the last signature below. <br /> CITY OF SAN MARCOS: TEXAS STATE UNIVERSITY: <br /> Stephanie Reyes, Digitally signed by Stephanie <br /> Reyes,City Manage, <br /> By: City Manager Date:�025.05.27 15:16:37-05'00' By: [-(M��()(-P,v 3:/,6(0 1 <br /> Stephanie Reyes Eric Algoe <br /> City Manager Executive VP Operations and CFO <br /> Date:15/27/25 Date- M a r 14, 2025 <br />