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.- AUTOMOBILE LOANS /0 REAL ESTATE LOANS SAN MARCOS FINANCE COMPANY 209 W. SAN ANTlJNIO STREET PHONE1D4lJ SAN MARD.OS, TEXAS April 2, 1956 Mr. Frank E. Dietterich Mayor City of San Marcos San Marcos, Texas Dear Sir; I Complying with the request oi the City Commission at it's last meeting held at 2:00 P. M. on Wednesday, March 28, 1956, I have entered into considerable discussion with Mr. Will Campbell con- cerning his appointment as the authorized negotiator for the City of San Marcos in acquiring right-oi-way property which is present- ly being appraised by Mr. Harold Legge. ' Following are points which have been mutually agreed upon: (1) There are thirty-four (34) takings constituting thirty-four (34) appraisals involved. (Please refer to attached list which indicates the number assigned to each taking.) (2) Mr. Campbell will be paid on each taking on which an option is received, provided the option is obtained prior to the case going before a CQndElIlll1a.tion Commission. He will be paid regard- less of who obtains the option. (3) The negotiator will be paid a per diem of $12.00 when out-of- town on authorized business. (4) The negotiator will be paid a fixed salary of $120.00 p~r week. ,.,;1'1 " (5) The negotiator will be paid a bonus fee of $50.00 on~the first twelve (12) takings on which options are secured. \' __N.:i. LJ (6) The negotiator will be paid a bonus fee of $75.00 on;the next twelve (12) takings on which options are secured. ' ~ I /;~I {;./' (7) The negotiator will be paid a bonus fee of $100.00 on,the next four (4) takings on which options are secured. (8) The negotiator wil1 be paid a bonus fee of $200.00 on each of the final six (6) takings after options are received. Mr. Campbell understands that he will spend apprOXimately si~ty (60) days on this project. The first fifteen (15) days will be spent in preparation and the last portion will be spent in the actual nego- tiati,ons, however, the city would not be obligated to expend. salary for any fixed period of time, but the sixty (60) day period was used merely as a possible completion time. ~~. Campbell also understands that the city is buying his full time under this schedule of salary and fees and intends to devote his time to the best of his knowledge and ability to bring the negotations to the earliest possible con- clusion.