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<br /> Sponsor's acceptance of this Offer and ratification and adoption of the <br /> Project Application incorporated herein shall be evidenced by execution <br /> of this instrument by the Sponsor, as hereinafter provided, and this <br /> Offer and Acceptance shall comprise a Grant Agreement, as provided by the <br /> Act, constituting the contractual obligations and rights of the United <br /> states and the Sponsor with respect to the accomplishment of the Project <br /> and compliance with the assurances and conditions as provided herein. <br /> Such Grant Agreement shall become effective upon the Sponsor's acceptance <br /> of this Offer. <br /> UNITED STATES OF AMERICA <br /> FEDERAL AVIATION ADMINISTRATION <br /> Manager. Airports <br /> <br /> Part II - Acceptance <br /> <br /> The Sponsor does hereby ratify and adopt all assurances, statements, <br /> representations, warranties, covenants, and agreements contained in the <br /> Project Application and incorporated materials referred to in the <br /> foregoing Offer and does hereby accept this Offer and by such acceptance <br /> agrees to comply with all of the terms and conditions in this Offer and <br /> in the Project Application. <br /> Executed this 15th day of April , 19 91 . <br /> <br /> THE CITY OF SAN MARCOS, TEXAS <br /> (Name of Sponsor) <br /> (SEAL) <br /> City Manaqer <br /> FAA Form 5100-37 (2-88) Development or Noise Program Pages 4 of 5 Pages <br />