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<br />20. Disclosure Relating to Certain Federal Protections <br />The parties acknowledge that they have been advised that: <br />(a) in the case of Transactions in which of the parties is a broker or dealer registered with the Securities and Exchange Commission ("SEC') under <br />Section 15 of the Securities Exchange Act of 1934 ("1934 Act'), the Securities Investor Protection Corporation has taken the position that the provisions <br />of the Securities Investor Protection Act of 1970 ("S/PA ') do not protect the other party with respect to any Transaction hereunder; <br />(b) in the case of Transactions in which one of the parties is a govemment securities broker or a government securities dealer registered with the <br />SEC under Section 15C of the 1934 Act, SIPA will not provide protection to the other party with respect to any Transaction hereunder; and <br />(c) in the case of Transactions in which one of the parties is a financial institution, funds held by the financial institution pursuant to a Transaction <br />hereunder are not a deposit and therefore are not insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance <br />Fund, as applicable. <br /> <br />By: <br /> <br />s'/~- <br /> <br />City of San Marcos, Texas <br />By: <br />4PL' <br />17"1cttt Mana~~ <br /> <br />Date: <br /> <br />Norwest Investment Services, Inc. <br /> <br />T~d_- <br /> <br />Executive Vice President <br /> <br />c <br />