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<br />I(¿¡ iJU¡¡: --, <br />172 <br /> <br />0 <br />0 <br />~ <br />OUTLThŒOFAORlEMŒNT ~. <br />p.. <br />CD <br />I'i <br />Dato: October::Jr I 1997 ~ <br />----- ~. <br />0 <br />Buyer: City of Sal1 Marcos Seller: William M. SoY31's ~ <br />630 EMt Hopkins 4110 Old Dastrop Hwy. <br />San Ma.rcos7 Tcus 78666 San Marcol, Texas 18666 <br />t))OH <br />p..~::T <br />C-J. CD CD <br />Propt:I'ty. approxitl1A1~ly 243. t 3S acres of land in Caldwell County. Texas, as described in ~ I-t¡ f) <br />Exhibit "A" aUached. 0 g § <br />rt rt <br />rtt))~ <br />Purclauc Price: 5596.456.00 0 ~'g <br />rt. I'i <br />::T I-' ¡:c <br />CD\O~ <br />CIOMing Date: On July.2s, t 998, or witmn 90 days thereatœr. '1j +:-- ~ <br />U . .Ad 0 I'i t)) ¡:: <br />~ rZi1/~ 0 f) ~ <br />B'Alu'RI£ MvU(;l; $100.00. ðepo~~d in t;oÇLv't-t ",th Ca1dweU.€o¡jnt1 Ab!b.8(;t eon~a1~, ~ ~ ~ <br />rtrtCD <br />'<11'if) <br />Buyer" ConÄDgoncy: . ~ g <br />~ rt~. <br />0 <br />t)) ~ <br />Buyc.r'5 obligation to close is contingent upon Buyer's acq\Ùsjûon of the .JS.194 acre tract ~ 2. cr' <br />described in Exmbit '"B. . upon the terms tUld conrliûons set OU\. in the eam~"\ money çontract \f' rt '< <br />of even date herewith for the sale and purchase ufthe 35.194 UÇfe tract. ~.: ~ <br /> <br />CD'"d <br />Other Terms of Agreement: 8 ~ <br />(:j rt <br />p.. 1-'. <br />CD <br />1. The oilier specific terms of this pu.'chase agreement uc: the ~<U11tS terms ~et out in the earnest ~ ~ <br />money c.onwct of c::;ven date herewitll between thl:: ~lÌCI) f1)1' the sale and purt.hase of the 57,96 acre I'i g, <br />tract in CaJdwell County, Texas, as described in Exhibit .C. auached. ~ ~ <br />'-10 <br />2. The parties will ~x~-ute a. formal earnest money conttact on July 201 J 998 or within 30 days ~ 8? <br />thereafter, ~ ~ <br />ti ~ <br />CDrt <br />3. Buycrwilt allow Seller to leasÞback \he Propeny CExbibitUA") and the 57.96 acre tract at arenW rt ~ <br />rale of $10.00 pI:f year ÍÌ'Om the dale of Closing on each tract until September I 2001. During the ~ g <br />lease:.back. tern"!, Buyer may discharge 'MIS'lewater treatment plant effiucnt in10 the leased property. ~ '<1 <br />md Sener ho]ds the Buyçr harmless for such dÎl3c)."""". rt ~ <br />>A<Uó'" ::t ::I <br />* See Below .' b CD rt <br />It is mutually agreed by both parties ~hat. this outllne of agreement wlll not e ~ @ <br />recorded as a matter of record. ~t~~ kt f) <br />BUYER; City of San Marcos SELLER: R' G" <br /> <br />~ ~. <br />\t <br /> <br />77j}~;~~Æ15_- ..~ g <br />- William M. Soyars ~. <br /> <br />4. Seller agrees tha his lease of the Property under 3. above will be <br />for Agricultural purposes only. Seller may not assign such lease without <br />the consent of the Buyer. Seller agrees to hold the Buyer, its officers, <br />agents and employees harmless from all claims for personal injuries or <br />property damage related to Buyer's use of the 35 .~94 acre tract described <br />abovefo~water1ttreatment and transmission purposes. <br /> <br />--- -- ~~1~~_~þ 1::','" Ace ~r::'C::") !"1t"'\f"':':' ,,-;0., <br />