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<br /> ~ ll9 <br /> . <br /> <br /> <br /> Office of the City 1fanager <br /> December 2, 1996 <br /> Ruth Ann Hoch, President <br /> 1'.-' Elim Water Company, Inc. <br /> 302 West Hopkins, Suite 2 <br /> <br /> - San Marcos, TX 78666 <br /> Re: Third 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 /> 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 not able to secure execution of <br /> the purchase agreement by all Elim shareholders by January 27, 1997. <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 /> f - originals mailed to you and returning one original to me. <br /> I Sincerely, <br /> - ~'-'OJ .b.¡;~ <br /> Larry D. Gilley <br /> City Manager <br /> LDG:js <br /> ~ATER ~~. INC. <br /> 2d ~ '/ 4æ~ <br /> Rut Ann!. °;' , President <br /> /::2 /2 qh <br /> Date <br /> 630 East Hopkins. San :\farcos, Texas 78666 . 512/353-4444 . FA..X 512/396-4656 <br />