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KNOX W. ASKINS, J. 0. <br />ATTORNEY AT LAW <br />• 122 S. BROADWAY <br />P. O. BOX 1218 <br />to PORTE, TEXAS 77571 <br />713 471-1686 <br />September 30, 1977 <br />CERTIFIED MAIL <br />RETURN RECEIPT REQUESTED <br />Mr. T. Imes, Jr. <br />Vice Presi t <br />FIRST CITY NAT NAL BANK OF HOUSTON <br />1001 Main Street <br />Houston, Texas 7700 <br />Re: 12.0082 acres Little Cedar Bayou <br />La Porte, Texas <br />Dear Mr. Imes: <br />My client, the City of La Porte, has authorized me to send <br />-• you this letter, notifying First City National Bank of <br />Houston that the City of La Porte wishes to exercise the <br />option granted to it under the terms of an Option Agreement <br />dated April 6, 1977, between the First City National Bank <br />of Houston, Grantor, and the City of La Porte, Grantee. <br />This letter is given pursuant to Paragraph III of the Option <br />Agreement. <br />The City of La Porte will be prepared to close the sale on <br />or before December 28, 1977. <br />Please have your title company prepare an up -dated title <br />report for this sale, and forward a copy to me. Please have <br />your attorney prepare the Deed. <br />Your very truly, <br />Chx W*.Az s k in s <br />KWA:jm <br />cc: Mr. Ben Pace <br />VINSON, ELKINS, CONNALLY & SMITH <br />First City National Bank Building <br />Houston# Texas 77002 <br />If <br />