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30, 2011 with the option to renew for up to five one year periods upon mutual agreement of the <br />parties. Consistent with the initial intent of the parties, the term of this Agreement shall <br />commence on October 1, 2010 and expire on September 30, 2011. This Agreement may be <br />extended for up to four one year periods after the expiration of the term ending September 30, <br />2011 upon mutual written agreement of the parties. <br />SECTION 5. MISCELLANEOUS <br />A. Notices. Notices required by this Agreement will be provided by the parties to <br />one another by certified mail, return receipt requested, or by confirmed facsimile or email <br />transmission, to the following addresses: <br />To the City: <br />Laurie Moyer <br />Interim City Manager <br />City of San Marcos <br />630 E. Hopkins <br />San Marcos, TX 78666 <br />Fax: 512/396 -4656 <br />Email: Imoyer@saDmarcostx.gov <br />To the Corporation: <br />Amy Madison, President /CEO <br />Greater San Marcos Economic Development Corporation <br />202 N. C.M. Allen Parkway <br />P.O. Box 2310 <br />San Marcos, TX 78667 <br />Fax: 512/393 -5900 <br />Email: amym @sanmarcostexas.com <br />If a party changes its address, facsimile number or email address for notice purposes, it will <br />provide written notice of the new information to the other party within 10 days of the change. <br />B. Non - Appropriation of Funds. Funds for payments under this Agreement have <br />been provided through the City budget approved by the City Council for the current fiscal year <br />only. State laws prohibit the obligation and expenditure of public funds beyond the fiscal year <br />for which a budget has been approved. However, the cost of services covered by this Agreement <br />is likely to be a recurring requirement, and the City anticipates including this cost as a standard <br />and routine expense of the City to be included in each proposed budget within the foreseeable <br />Page 5 of 8 <br />