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<br />45{o Z/<6 <br /> <br />';)7 <br /> <br />TEXAS DEPARTMENT OF COMMUNITY AFFAIRS <br /> <br />CONTRACT FOR <br />RENTAL REHABILITATION PROGRAM <br /> <br />STATE OF TEXAS] <br />COUNTY OF TRAVIS] <br /> <br />SECTION 1. <br /> <br />PARTIES TO CONTRACT <br /> <br />This contract and agreement is made and entered into by and between the Texas <br />Department of Community Affairs, an agency of the State of Texas, hereinafter <br />referred to as UDepartment'I, and the City of San Marcos, hereinafter referred <br />to as IIContractoru. The parties hereto have severally and collectively agreed <br />and by the execution hereof are bound to the mutual obligations and to the <br />performance and accomplishment of the tasks described herein. <br /> <br />SECTION 2. <br /> <br />CONTRACT PERIOD <br /> <br />This contract and agreement shall commence on February 1,1987, and shall <br />terminate on September 30, 1989, unless otherwise specifically provided by the <br />terms of this contract. <br /> <br />SECTION 3. <br /> <br />CONTRACTOR PERFORMANCE <br /> <br />Contractor shall conduct, in a satisfactory manner as determined by Depart- <br />ment, a rental rehabilitation program under Section 17 of the United States <br />Housing Act of 1937, 42 U.S.C. 14370, hereinafter referred to as the Act. <br />Contractor shall perform all activities in accordance with the terms of the <br />Performance Statement, hereinafter referred to as Exhibit A; the Applicable <br />laws and Regulations, hereinafter referred to as Exhibit B; the Schedule for <br />Committing Rental Rehabilitation Funds, hereinafter referred to as Exhibit C; <br />the assurances, certifications, and all other statements made by Contractor in <br />its application for the project funded under this contract; and with all other <br />terms, provisions, and requirements set forth in this contract. <br /> <br />SECTION 4. <br /> <br />DEPARTMENT OBLIGATIONS <br /> <br />A. <br /> <br />Measure of Liabilitv <br /> <br />In consideration of full and satisfactory performance of the activities <br />referred to in Section 3 of this contract, Department shall be liable for <br />actual and reasonable costs incurred by Contractor during the contract period <br />for performances rendered under this contract by Contractor, subject to the <br />limitations set forth in this Section 4. <br /> <br />1. It is expressly understood and agreed by the parties hereto that Oepart- <br />mentis obligations under this Section 4 are contingent upon the actual <br /> <br />PAGE 1 OF 11 <br /> <br />jJ1/J '/6 <br />