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<br /> <br />c~ <br />¡ <br />i <br />l <br />, <br />"--- <br /> <br />.5öC- <br /> <br />a. FSWC will provide its advice as to the investment of certain funds of the <br />Issuer. FSWC will, when so directed, purchase those investments authorized to be purchased <br />and FSWC will charge a normal and customary commission for each such transaction. <br /> <br />b. FSWC will provide its advice and assistance with regard to exercising any call <br />and/or refunding of any outstanding Debt Instruments. <br /> <br />c. FSWC will provide its advice and assistance in the development of, and <br />fmancing for, any capital improvements programs of the Issuer. <br /> <br />d. FSWC will provide its advice and assistance in the development of the long- <br />range fmancing plan of the Issuer. <br /> <br />e..- FSWC will provide any other fmancing planning services as may be requested <br /> <br />by the Issuer. <br /> <br />4. The fee due to FSWC in accordance with Appendix A attached hereto, any other fees <br />as may be mutually agreed and all expenses for which FSWC is entitled to reimbursement, shall <br />become due and payable concurrently with the delivery of the Debt Instruments to the purchaser. <br /> <br />5. This Agreement shall become effective at the date of acceptance by the Issuer set out <br />herein below and remain in effect thereafter for a period of five years from the date of acceptance <br />provided, however, this Agreement may be terminated with or without cause by the Issuer upon <br />thirty (30) days written notice. In the event of such termination, it is understood and agreed that <br />only the amount due to FSWC for services provided and expenses incurred to date of termination <br />will be due and payable. No penalty will be assessed for termination of this Agreement. <br /> <br />This Agreement is submitted in duplicate originals. When accepted by the Issuer, it, together <br />with Appendix A attached hereto, will constitute ~e entire Agreement between the Issuer and <br />FSWC for the purposes and the considerations herein specified. Acceptance will be indicated by <br />the signature of authorized officials of the Issuer together with the date of acceptance on both <br />copies and the return of one executed copy to FSWC. <br /> <br />Respectfully submitted, <br /> <br /> <br />By <br /> <br />By <br /> <br />ACCEPTANCE <br /> <br />ACCEPTED pursuant to Ordinance adopted by the City Council of the City of San <br />Marcos, Texas on this 24TH, day of FEBRIJARY , 1997. <br /> <br />Title 17ri i~~fV <br /> <br />ATTEST: <br /> <br />ff ~~E~!!!/wJ <br /> <br />(SEAL) <br /> <br />4 <br />