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<br />3. The City will pay the amount of the invoice submitted by the Property Owner under <br />Paragraph 2 above to the Property Owner within 30 days of the City's issuance of certificates of <br />obligation that provide funding for the Improvements. <br /> <br />4. This Agreement and the construction of the Improvements are subject to all valid and <br />applicable ordinances, rules, regulations, and laws of all governmental agencies having lawful <br />jurisdiction over them. <br /> <br />5. This Agreement constitutes the entire agreement between the parties hereto and may be <br />amended only by a written document signed by the parties. The assignment of all or part of this <br />Agreement by a party is not valid without the written consent of the other party. The City's execution <br />of and perfonnance under this Agreement will not act as a waiver of any immunity of the City to suit <br />or liability under applicable law. <br /> <br />6. Each of the persons executing this Agreement represent that he or she has full power and <br />authority to execute this Agreement on behalf of the party that person represents. <br /> <br />7. This Agreement shall be construed and enforced according to the laws of the State of <br />Texas; and exclusive venue for any legal action arising under this Agreement shall lie in Hays <br />County, Texas. <br /> <br />The City of San Marcos <br /> <br />By: J. \~~ <br /> <br />Dan O'Leary, C" y Manager <br /> <br />Property Owner: <br />First B . t Church of San M <br />( . <br /> <br />By: <br /> <br /> <br />/tJ ~.2JJ.- tJS <br />Date <br />