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Contract. <br />The City agrees not to object or oppose the renewal or extension of the Contract as long <br />as the District's 2009 Water System Revenue Bonds are outstanding. Provided, however, the <br />City retains all rights of termination otherwise provided in the Contract. <br />In consideration of the District's agreements set forth in Paragraph 1, the City agrees to <br />provide such a letter conditioned as follows: <br />A. The City will format the letter attached hereto as Exhibit "B" on City letterhead <br />and execute the same for delivery to the TWDB; and <br />B. Within thirty (30) days after the Effective Date, the City will tender said letter <br />to the District; and <br />C. The District will be responsible for the costs associated with the submission of <br />the letter to the TWDB. <br />3. AEreement Concerning the District's Wholesale Supqly of Water to the City <br />Pursuant to §43 of the Contract, the District has provided the City a wholesale supply of <br />water sufficient for the City to provide continuous and adequate retail water service to its <br />customers within the Wild Wood and Hills subdivisions and to any new customers the City has <br />requested to be added to the Districts' distribution system in the City's corporate limits and ETJ <br />since the Effective Date of the Contract. The City and District have, in the past, worked <br />diligently to account for the billing from these meters. The City and District agree to continue <br />the cooperative billing practices on the meters that are currently installed. However, as of the <br />Effective Date of this Agreement, the Parties agree to modify paragraph 4.3 of the Contract in <br />the following respects: <br />A. City will not add new City customers to LCWSD's distribution system in the <br />City's corporate limits or ETJ. <br />B. City meters serving existing City customers receiving water from the District's <br />distribution system in the City's corporate limits or ETJ will be removed upon <br />transfer of title of the Property. Removal of the meter shall occur within thirty <br />(30) days following the City's receipt of written notice and documentation <br />establishing that the Property has been conveyed. This requirement does not <br />apply to a conveyance to a person within the first degree of affinity or <br />consanguinity as defined in Texas Gov't Code 573.023 and 573.025, <br />respectively. <br />C. The District will transfer to the City at no cost its eight inch (8") water line <br />running along FM 195 commencing at a point approximately 1200 feet north <br />from the intersection of Loop 286 and FM 195 and ending at the first District <br />Page 14 <br />