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~ - 69/J)( - POWER OF ATTORNEY Å1~ RATIFICATION OF OFFICIAL ACTS 1, Lynette Sullivan, ("Sullivan"), residing at 506 Whitetail Drive, San Marcos, Texas 78666 hereby appoint Ruth Ann Hoch, whose address is P. O. Box 72841, Corpus Christi, Texas 784 72, as my true and lawful attorney in fact, with power and authorization to act for me in my name, place and stead as hereinafter provided 1. Scope of Authority. . . (a) Sale ofElim Water Company, Inc., Stock. I was the owner of a twenty-five percent (25%) interest in Debenture No. 28, issued by Elim Water Company, Inc. ("Elim"), which debenture, with my consent, was converted to .25 of one share ofElim common ,corporate . stock on or about September 25, 1996, and which .25 of one share of stock is free and clear of any encumbrances or liens and constitutes the only interest in Elim owned, possessed or controlled by me. The above' named attorney in fact is hereby given and granted full and exclusive power and authority to hold, sell, transfer and convey on my behalf said .25 of one share of the capital stock of Elim, together with any and all other interests in Elim owned or controlled or both by me to the City of San Marcos, Texas ("City"), to such not for profit entity or entities as the City may designate, or a combination of the City and anyone or more of such entities, for a price of $1062.50, with full power and authority to enter into any contract or contracts for the sale of such such .25 of one share of stock to the City and/or sùch municipal designee(s) as said attorney in fact sball in her discretion elect, to deliver possession and mvnership of such .25 of one share of stock, to execute, acknowledge and deliver in my name such instruments of assignment and transfer and such other agreements and instruments as may be necessary, convenient, or reasonably required by the City, for such sale, assignment and 1