3. All the undersigned parties agree to accept the mutual agreements, covenants, and
concessions herein contained as full and final settlement of any and all claims arising out
of the referenced purchase of Lots 406A and 407, Cave Springs Addition Section Four, Kerr
County, Texas, and of the referenced lawsuit, each party hereto intending by these presents
to buy his peace without any admissions of fault, misfeasance, or liability with respect to
the matters herein finally decided.
EXECUTED effective the 11th day of May, 1987.
KERR COUNTY, TEXAS
/s/ Jack Stone By: /s/ Danny R. Edwards
/t/ SACK STONE
/s/ Patricia C. Stone
/t/ PATRICIA C. STONE
SPH CONSTRUCTION
By: /s/ D. D. Patteson
/s/ Walter B Hailey Jr
/t/ WALTER B. HAILEY, JR.
/s/ D. D. Patteson
/tI D. D. PATTESON
County Judge
CAVE SPRING OWNERS, INC.
By: /s/ Tracy Gilbreth
CANYON SPRINGS RANCH, INC.
By: /s/ Walter B. Hailey Jr
js/ W. R. Skinner
/t/ W. R. SKINNER
o-o-o-o-o-o-o-o-o-o
NO. 17264 CONFIRMATION OF APPROVAL OF BOND OF GERALD W. MENEFEE, KERR COUNTY ROAD ENGINEER
On this the 11th day of May 1987, upon motion made by Commissioner Holland, seconded
by Commissioner Ray, the Court unanimously approved confirmation of approval of the Bond
of GERALD W. MENEFEE, KERR COUNTY ROAD ENGINEER.
o-o-o-o-o-o-o-o-o-o
NO. 17265 CONFIRMATION OF EMPLOYMENT OF SHELLI BUTLER MANN AS SECRETARY TO THE DEPARTMENT
OF PUBLIC SAFETY
On this the 11th day of May 1987, upon motion made by Commissioner Holland, seconded
by Commissioner Ray, the Court unanimously approved confirmation of employment of SHELLI
BUTLER MANN as Secretary to the Department of Public Safety, effective as of May 1st, 1987,
at a salary of $1000.00 per month, $500.00 semi-monthly, for the balance of the fiscal year, i
(as previously approved in Order No. 17215, dated April 8th, 1987), and that her salary and
i
benefits be paid out of the General Fund, and reimbursement out of Revenue Sharing Trust Fund,{
i
o-o-o-o-o-o-o-o-o-o
NO. 17266 RELEASE OF IRREVOCABLE LETTER OF CREDIT NO. 82 - PERFORMANCE BOND - RE: NORTH
FORK ONE SUBDIVISION, SUBJECT TO PROOF OF TIMELY ACCEPTANCE OF ROADS
On this the 11th day of May 1987, upon motion made by Commissioner Baldwin, seconded
by Commissioner Holland, the Court unanimously approved the release of Irrevocable Letter of
Credit No. 82 - Performance Bond - Re: North Fork One Subdivision, subject to proof of timely
acceptance of roads, released to Melvin H. Johnson, Jr., Executive Vice-President of the
First National Bank of Kerrville, listed as follows:
IRREVOCABLE LETTER OF CREDIT N0. 82
PERFORMANCE BOND - David Houston, R. E. Dodson and William R. Murphy,
Developer of North Fork One (signed by David Houston -
Developer and Principal) in the sum of $47,000.00.
APPROVED AND ACCEPTED by the Commissioners' Court on June 11th, 1984.
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NO. 17267 RELEASE OF IRREVOCABLE LETTER OF CREDIT NO. 81 - MAINTENANCE BOND - RE: NORTH
FORK ONE SUBDIVISION, SUBJECT TO PROOF OF TIMELY ACCEPTANCE OF ROADS
_ _ On this the 11th day of May 1987, upon motion made by Commissioner Baldwin, seconded by :~