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<br />. . <br /> . t~.4C <br /> for a purchase price per share in the amount of $8,~00.Oû without compromise to Partnership's <br /> interests. <br /> 2. Effective Date; Revocation. <br /> This power of Attorney shall become effective immediately upon the execution hereof <br /> and may be revoked only by "Written notice of revocation to the above named attorney in fact and <br /> to the City of San Marcos, Texas, 630 East Hopkins Street, San Marcos, Texas 78666, Attention: <br /> City Attorney, such notice and revocation to be accomplished by mailing same by postage <br /> prepaid United States mail, certified mail, return receipt requested, and to be effective upon <br /> receipt thereof by both said attorney in fact and said City. <br /> 3. Ratification. <br /> Subject to the Partnership's receipt of the proceeds of the above authorized sale of stock <br /> and other interests in Elim, if any, owned by the Partnership, any and all acts undertaken by prior <br /> and/or present officers ofElim on behalf ofElim are ratified. <br /> EXECUTED this /9 day o~~r -<. 1997. <br /> <br /> DEER WOOD WATER INVESTMENT PARTNERSHJP <br /> A Texas General Partnership . <br /> By: ~ ~~~ <br /> Linda Vetters, Managing Partner <br /> A CKN 0 \YL E DG l\'IE NT <br /> STATE OF TEXAS § <br /> COUNTY OF HAYS § <br />~ <br /> This instnnnent was acknowledged before me on b:-. ß. 1997 by Linda Vetters <br /> as Managing Partner ofDeerwood Water Investment P ership, a Texas general partnership. <br /> ~~-~-- ~~ --'-. <br /> n - <br /> j ("(;if"" BARBARA LOCKHA.RT; ~~t:( <br /> . !. f~. \ Nctarý Public, Stdte ctïeX3S., <br /> '~I MC ,.-. " <br /> : \ .~ .. I Y Cl'".w,S$'~n <:1:.:<;5 . <br /> ~~/ . J. <br /> .~ ",-!"o<,,->' SEPT. 24,1997 . <br /> ~~""'- - ~ -. ---~~ .~ "-""'C~cC'. .. <br /> - Notary Public, State of Texas <br /> [NOTARY SEAL] My commission expires: 9 / ~ t/ /9 7 <br /> I / <br />