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Res 2026-075 approving a settlement agreement with Pecos Housing Finance Corporation under which the corporation’s multifamily apartments in San Marcos, Kyle and Hays County
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Res 2026-075 approving a settlement agreement with Pecos Housing Finance Corporation under which the corporation’s multifamily apartments in San Marcos, Kyle and Hays County
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6/8/2026 2:30:21 PM
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6/8/2026 2:26:34 PM
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Resolutions
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Adopting
Number
2026-075
Date
5/5/2026
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6. Advice of Counsel. The Parties represent and acknowledge that they have read and <br /> considered this Agreement carefully, and consulted with and received advice from their chosen <br /> legal counsel on this matter, including as to the terms of this Agreement and the advisability of <br /> executing this Agreement. Each Party represents and warrants that it or he/she has been given a <br /> reasonable period of time (as long as they deem necessary) to consider this Agreement before <br /> signing, understands the legal effect and content of this Agreement, and is executing the <br /> Agreement knowingly and voluntarily. <br /> 7. No Third-Party Beneficiaries. The Parties acknowledge and agree that there are <br /> no intended third-party beneficiaries of this Agreement, except as expressly identified or <br /> designated herein. <br /> 8. Disputes Regarding this Agreement. This Agreement and any disputes in <br /> connection with, arising from, or relating in any way to this Agreement, or its subject, formation, <br /> validity, performance, interpretation, or enforcement shall be governed by, construed, and <br /> enforced in accordance with the laws of the State of Texas. The prevailing party in any action <br /> involving any dispute concerning,relating to, or arising out of,this Agreement shall be entitled to <br /> recover attorneys' fees from the non-prevailing party. <br /> 9. Entire Agreement. This Agreement contains the full and complete understanding <br /> and agreement of the Parties with respect to the matters covered hereby, and no statements, <br /> representations, agreements,understandings, writings, or other communications made prior to the <br /> execution of this Agreement, unless expressly contained herein,shall be binding on the Parties. <br /> 10. No Revocation/Modification. This Agreement may not be waived, revoked, <br /> changed,modified,or amended in any manner whatsoever except in a writing signed by all Parties. <br /> -4- <br />
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