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<br />Doc Bk Vol _eg q <br />. . 00006628 OPR 1647 ..33a..33 <br />modIficatIons therefor for the TEX A-6 Neighborhood Development Program, and further shall <br /> <br />not be limited to the sole purpose of operating a Chamber of Commerce, but rather such use shall <br /> <br />be limited only to any reasonable office use. Other transfers or assignments of the lease, except <br /> <br />for an assignment by Chamber's mortgagee after foreclosure, and!or alterations in use of the <br /> <br />demised premises shall continue to be governed by the basic lease provision requiring express <br /> <br />written approval by City. <br /> <br />In the event the leasehold estate is sold at foreclosure to someone other than the City, rent <br /> <br />shall be due to City, payable on the first day of each month in advance, in an amount equal to the <br /> <br />appraised monthly value of a ground lease of the property without the value of the improvements, <br /> <br />assuming the highest and best use of the pn;)perty is with the improvements then on the property . <br /> <br />The appraisal shall be by an appraiser selected with the agreement of City and the then owner of <br /> <br />the leasehold. However, if agreement as to an appraiser cannot be reached, they shall each <br /> <br />appoint an appraiser who shall agree between themselves on a third appraiser, and the value <br /> <br />agreed on by any two of them shall be used. Rent shall be adjusted every five years thereafter <br /> <br />in accordance with changes in the consumer price index. <br /> <br />v, <br /> <br />This Amendment shall be filed of record with the County Clerk of Hays County, Texas, <br />EXECUTED this ~day of February, 2000. <br /> <br />CITY OF SAN MARCOS <br /> <br />By: <br />Name: <br />Title: <br /> <br />4 fj!c- <br />II^'"-/ <br />Lo.tlr _ b. ""~1~.J <br />c:>~ \l"' C. n ~.e=r <br />