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<br /> AMENDMENT NO.1 TO <br /> TEXAS COMMUNITY DEVELOPMENT PROGRAM <br /> CONTRACT NO. 708402 <br /> TEXAS DEPARTMENT OF COMMERCE <br /> AND THE <br /> CITY OF SAN MARCOS <br /> STATE OF TEXAS <br /> COUNTY OF TRAVIS <br /> Section 1. <br /> The Texas Department of Commerce, an agency of the State of Texas, hereinafter referred to as <br /> "Department", and the City of San Marcos, hereinafter referred to as "Contractor", do hereby <br /> contract and agree to amend their original contract, as initially executed by the Executive Director <br /> of Department effective June 30, 1989, through June 29, 1991, for the performance of economic <br /> development activities. <br /> Section 2. <br /> The parties hereto agree to amend the coNtract identified in Section 1 above so that SECTION 22. <br /> SPECIAL CONDITIONS H. is revised to read hereafter as given below: <br /> H. Contractor shall submit to Department documentation (Le. a resolution) of its local <br /> funding commitment of Three Hundred Sixty-eight Thousand Two Hundred Seventy- <br /> seven and No/100 Dollars ($368,277) for completion of the project funded under this <br /> contract prior to Department's release of project funds for such project. <br /> Section 3. <br /> The parties hereto agree to amend the contract identified in Section 1 above so that Exhibit A, <br /> Performance ~tatement, is revised to read hereafter as given in the Performance Statement <br /> attached to this amendment, hereinafter referred to as Exhibit A, and hereby made a part of this <br /> amendment. Exhibit A consists of two (2) pages. <br /> Section 4. <br /> The parties hereto agree to amend the contract identified in Section 1 above so that the Budget, <br /> Exhibit Bt is revised to read hereafter as given in the Budget attached to this amendment, <br /> hereinafter referred to as Exhibit B, and hereby made a part of this amendment. Exhibit B <br /> consists of one (1) page. <br /> Section 5. <br /> The parties hereto agree that this amendment shall become effective on November 1, 1990. <br /> Page 1 of 2 <br />