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<br />,., <br />.. .. <br />-'- ~ <br /> <br />.1 <br /> <br />I <br /> <br />I' <br /> <br />o <br /> <br />o <br /> <br />fVl:'f"'I,-:1 <br />vl1 <br />HOO~(OlmOl <br />.AUI AlIa <br />IUOIlUII <br /> <br />LOWER COLORADO RIVER AUTHORn-V <br /> <br />POST ilL BOX 220. <br />IIUSTIN. TEXAs 78767 , <br /> <br />SIM GIDEON <br />Gone",1 Manaaor <br /> <br />February 10, 1967 <br /> <br />.Mr. Albert M. Walker <br />Kyle and Walke~ <br />Attorneys at Law . <br />First National Bank Building' <br />San Marcos, Texas <br /> <br /> <br />'\. <br /> <br />Dear Albert: <br /> <br />This is in reply to your letter of February 6, 1967. Apparently' <br />I did not make clear the position of the LCRA. As I pointed out, the <br />LCRA in my opinion does nat need a franchise but that if one was needed <br />it has acquired the one passed by an ardinance adopted by the Cny of <br />San Marcas on June 4, 1925, which is valid for a period of fifty years. " <br /> <br />The proposed agreement was a method which we thought <br />would support the discount offered. The Board of LCR,A has approved <br />the proposed form of agreement as submitted to San Marcos, Kerrville, <br />and San Saba, and each of such cities can determine whether it desires <br />to accept the proposal and receive the benefits made available there- <br />under. The agreement has been accepted by San Saba and returned to <br />LCRA. <br /> <br />As we pointed out, under the agreement nothing but benefits <br />accrue to each city; however, if the city feels that the benefit offered <br />is not desired such is entirely a matter for decisian by the city. <br /> <br />If San Marcos at any time desires to terminate the agreement <br /><;r.e:). it can do so by notifying LCRA that it no longer desires to accept <br />;;~",e benefits provided by the agreement ar.d prefers that the agreement <br />be terminated at the end of ten years from the date the notice is given. <br /> <br />~. <br /> <br />