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<br />vua. a. I t.uuu &lVI1 a. & . &. .u. <br /> <br />. un nVI <br /> <br />'1. v.... <br /> <br />e <br /> <br />e <br /> <br />officer of the goveming bcwd of me oLhcr patty. After the expiration of the thn..'C-)elt term. the agn:emcnt <br />will automatically renew on a year to )lC'oU' basis unless \ermiD;.lted punuant to this provision. <br />IX COMPENSATION <br />I..a IJottc hereby agrees to accept a.lii compensation and Shorcacres hereby agrees to pay to La Port.e as full <br />compensation, the sum of Three Dollan and Eighty-five Cents ($3.85) for each separate assessed item on <br />Shc:n-eacres certified roll, as reported by the HCAD on its first .roll and includes both those accounts ceniGed <br />and unccdif~d, for the 2000-01 Shoreaaes fIScal ~ar. The compensation shall incteasc cac:h }ear by ~ntr- <br />flYe CC11ts (50.25) for each separate assessed item with a Cllp oC four dollars and thirty-five cents ($4.35) in the <br />third ~ of the CODlrJCt. La Pone shall .invoice Shoream-s. and Shoreacres shall p.IY La Porte by fcbruouy <br />2811I (or" the tax )'C'Jt jl.lSt billed. La Porte may retain all fees reC't"iwd for issu:ance of taX ccrti1"lCatcs on <br />Shoreacres accounts, to compcm.\te for the CO$t of the issuance of such tax certificates. <br /> <br />WITNESSOURHANDS,thi.llJ~dayof fI().~lJ.s1 .2000. <br /> <br />City of La Pom: <br /> <br />By. t~A-~~ <br /> <br />, }'Or Norman Malone Date <br /> <br />ATl'J:SJi: <br />~~/IAIJtI <br />~ecretary <br /> <br />Y/ftf-I)) <br />Date <br /> <br /> <br />By: <br />