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<br /> , . - 80 <br /> <br /> <br /> Office of the City .\lanager <br /> November 4, 1996 <br />,- Ruth Ann Hoch, President <br />, Elim Water Company, Inc. <br /> 302 West Hopkins, Suite 2 <br /> San Marcos, TX 78666 <br /> Re: Second Amendment to Letter of Intent for Acquisition of Capital Stock of Elim Water <br /> Company ~ Inc. by City of San Marcos <br /> Dear Ms. Hoch: <br /> This letter, upon your countersignature, will amend the letter of intent dated August 27, <br /> 1996 for the City's acquisition of the outstanding capital stock of Elim Water Company, Inc. <br /> " <br /> The last sentence in the second numbered paragraph of the letter is amended to read as <br /> follows: <br /> The negotiation fee will be refunded only if you are nòt able to secure execution of <br /> the purchase agreement by all Elim shareholders by November 26, 1996. <br /> All remaining terms of the letter of intent remain in full force and effect. <br />! Please indicate your acceptance of this amendment to the letter of intent by executing both <br />¡ originals mailed to you and returning one original'to me. <br />, <br /> Sincerely, <br /> 1'P'~ .4 iÛ~\ <br /> Larry D. Gilley <br /> City Manager <br /> LDG:js <br /> ~~ïk4 <br /> Ruth nn /jCh!9zsldent <br /> II 7 9 <br /> Date <br /> 630 East Hopkins. San :\farcos, Texas 78666 . 512/353-4444 . FA.'{ 512/396-4656 <br />