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DRAFT 6-4-03 <br /> <br />of this Agreement to a purchaser of all or part of the Party's respective property covered by this <br />agreement, without the consent of the other Parties; however, such an assignment is not valid unless <br />the assigning Party delivers written notice of the assigmnent to the other Pmnties. Any other assignment <br />by a Party of'rights or obligations under this Agreement will require the written approval of the other <br />Parties. <br /> <br /> 7. Authority of Signatories. Each of the persons executing this Agreement represents that he or <br />she has full power and authority to execute this Agreement on behalf of the Party that person represents. <br /> <br /> 8. Notice. Notices required by this Agreement xvill be provided by the parties to one another by <br />certified mail, return receipt requested, or by confirmed facsimile transmission, to the following <br />addresses: <br /> <br />To the City: <br />City Manager <br />City of San Marcos <br />630 E. Hopkins <br />San Marcos, TX 78666 <br />Fax: 512/396-4656 <br /> <br />To Bem~ett: <br />Mike Smith/Tim Bennett <br />Bennett Realty Group <br />24012 Calle de la Plata, Suite 405 <br />Laguna Hills, CA 92653 <br />Fax: 949/380-0591 <br /> <br />To Blanco: <br />Jeff Etheredge <br />Dam Blanco Partnership <br />P.O. Box 164350 <br />Austin, TX 78716-4350 <br />Fax: 512/329-6688 <br /> <br />If a party changes its address or facsimile number for notice purposes, it will provide written notice of <br />the new address to the other Parties within 10 days of the change. <br /> <br /> 9. Venue; Governing Law. This Agreement shall be construed and enforced according to the laws <br />of the State of' Texas; and exclusive venue for any legal action arising under this Agreement shall lie <br />in Hays County, Texas. <br /> <br />City of San Marcos <br />By: <br /> <br />Dan O'Leary, City Manager <br /> <br />Date: <br /> <br /> <br />