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annually until a lease for or conveyance of a fee simple interest in space <br />within the Project boundaries is executed with a an Entertainment Venue, <br />provide a written report to the City Manager detailing the efforts it has <br />made to attract an Entertainment Venue to the Project. <br />2.7 The last sentence of Section 11 of the Agreement is hereby amended to read as <br />follows: <br />It is further specifically agreed that the City shall only be required to pay the <br />Chapter 380 Payments gpam WHO solely out of the iIncreased Ad Valorem Tax <br />Revenues and the Sales Tax Revenues from on the Project. <br />2.8 All other terms of the Agreement not amended, modified or supplemented by this <br />First Amendment to Agreement shall remain the same and in full force and effect. The <br />remaining terms of the Agreement and the First Amendment to Agreement shall be read together <br />and harmonized to the extent reasonably possible to effect the intent of the Parties. <br />EXECUTED to be effective as of the day of October, 2008. <br />CITY OF SAN MARCOS, TEXAS: STONE CREEK CROSSING, L.P., <br />fl A Delaware limited partnership <br />By: NO By: Stone Creek Crossing GP, L.L.C., <br />Rick MWVVn aca, City Manager a Delaware limited liability company, <br />its general partner <br />By: <br />Name: C ,f <br />Title: