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<br />o' <br /> <br />e <br /> <br />e <br /> <br />Mr. Robert T. Herrera <br />Ocrobl.:r 26. 199t-; <br />Page 2 <br /> <br />. l . ~ <br />O. <br /> <br />5. "lohe proposed funds shall b" available for the use of the City until such time as the:: <br />Cit)' adopts an ordimm~e creating the TIRZ. at whidl time allY l.lucolIlJuittcd <br />funds shi.ul be relurned lo TXL <br /> <br />In addition to the tor~soi.ng_ the City and TXl agree that all ilirect and O\.lt-llf:'pockd cusl$ <br />of crearing the TIRZ incurred by all taxing entities and TXU after October 1 t1999 sh.:1.11 <br />be reimbursed b). the TIRZ from The first bond proceeds, or otherwise from TI~ <br />reve-nues. <br /> <br />If you arc in agreement v,"ith the tcmlS set forth herein. pkase acknowledge below. <br /> <br /> <br />Dauiel J. :McAuliffe, CCIM <br />Vice President - ~farketins. Re:ll E~3.tc <br /> <br />DJM/jo <br /> <br />ACKNO\VLEDGED .~"lD AGREED lTPON: <br /> <br />CITY OF LA PORTE. TEXAS <br /> <br />G<~ T. ~ <br /> <br />Robert T. Herrera. City i\.-bni.tg("f <br /> <br />,. \_O!'-'L _...1..1-.'.........., .'.:......, r. ',. <br />