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<br /> 4. The City agrees to pay to TETCO $62,653.28, being the difference in cost between <br /> a water line and wastewater line serving only the Subdivision, and the cost of constructing the <br /> Improvements. This payment will be made in a lump sum within 30 days of the execution of <br /> this Agreement. <br /> 5. This Agreement and the provision of water service through the Improvements are <br /> subject to all valid and applicable ordinances, rules, regulations, and laws of all governmental <br /> agencies having lawful jurisdiction over them. <br /> 6. This Agreement constitutes the entire agreement between the parties hereto and may <br /> be amended only by a written document signed by the parties. This Agreement shall be <br /> binding upon the heirs, administrators, successors and assigns of the parties. The assignment <br /> of all or part of this Agreement by a party is not valid without the written consent of the other <br /> party. <br /> 7. Each of the parties executing this Agreement represent that he or she has full power <br /> and authority to execute this Agreement on behalf of the party that person represents. <br /> 8. This Agreement shall be construed and enforced according to the laws of the State <br /> of Texas; and exclusive venue for any dispute arising under this Agreement shall lie in Hays <br /> County, Texas. <br /> THE CITY OF SAN MARCOS <br /> BY:~~ <br /> <br /> L rry illey, Ci Manager <br /> . <br /> B <br /> Si ature P1\'eJ I De"A-- <br /> ])~'f4oN 1-1. SIW\oN\S <br /> Printed name, title ) <br />