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<br />7. CONSTRUCTION <br />This Contract shall be construed in accordance with the laws of the State of Texas, and in <br />particular Chapter 351 of the Texas Tax Code. <br />8. CVB ASSETS <br />The Chamber shall keep its equipment, supplies, vehicles and other assets separate from <br />those purchased with CVB Funds and to be used in the performance of this Contract. The latter shall <br />be inventoried and identified as property of the Convention and Visitors Bureau. Inventory lists shall <br />be provided by the Chamber to the Board and the City. Subsequently acquired assets of this nature <br />shall be similarly separated from Chamber assets, inventoried and identified. <br />EXECUTED on September 18 ,2001. <br /> <br /> <br />THE CITY OF SAN MARCOS, TEXAS <br /> <br /> <br />ager <br /> <br /> <br />Attest: <br /> <br />Printed name, title <br /> <br />C:\TEMP\area chamber cvb-l.doc <br /> <br />5 <br />