TERMINATIONOEDECLARATIONOFEASEMENTS AND RESTRICTIONS  Owner: Address: City: Consideration:  Panhandle Notes LC and River City Partners Ltd.  1801 Lavaca, Suite 111, Austin, Travis County, Texas 78701 and 501 East Koenig Lane, Austin, Travis County, Texas 78751,respectively The City of Austin, a home-rule municipal corporation and political subdivision of the State of Texas, in' Travis County, Texas. Ten and No/100 Dollars ($10.00) and other good and valuable consideration paid by the Owner to the City of Austin, the receipt and  sufficiency of which is acknowledged.  Recitals:  1.  Panhandle Notes LC and River City Partners Ltd. are owners ("Owners"), of the property described in the Declaration of Easements and Restrictions ("Declaration"), recorded as Volume 9759, Page 611 of the Real Property Records  of' Travis County, Texas (the "Property"). Under Resolution No. 2009 Department to sign such termination.  2. 3.  The Declaration requires City Council approval to terminate.  the City Council approves the  termination, finds that the termination is in the best interest of the City, and authorizes the director of Watershed Protection and Development Review  Agreement:  City of Austin and the Owners, agree as follows:  1. 2.  The Declaration of Easements and Restrictions is terminated and each term, condition, and provision will have no effect after the effective date of this This Termination of Declaration of Easements and Restrictions will be filed in the  Termination of Declaration of Easement and Restrictions. Official Public Records of' Travis County, Texas.  [Remainder of page intentionally left blank]  Termination ofl Restrictive Covenant  Pageiof3    EXECUTED this the  day of  2009.  OWNER:  PANHANDLE NOTES, LC.  By:  RIVER CITY PARTNERS LTD.  By:  CITY OF AUSTIN:  By:  Victoria. J.Li, P.E. Director, Watershed Protection and Development Review  THESTATE OF TEXAS COUNTY OF TRAVIS  $ $  This instrument was acknowledged before me on  2009, by  of Panhandle Notes LC, a  Notary Public, State of Texas  THE STATE OF TEXAS COUNTY OF7 TRAVIS  8 $  This instrument was acknowledged before me on  2009, by  of River City Partners Ltd., a  Notary Public, State of Texas Termination ofl Restrictive Covenant Page2of3    THE STATE OF TEXAS COUNTY OF TRAVIS  $ $  This instrument was acknowledged before me on  2009,by Victoria. J.  Li, P.E., Director of the Watershed Protection and Development Review Department of the City  of Austin, a municipal corporation, on behalf of the municipal corporation.  Notary Public, State of Texas  Termination ofl Restrictive Covenant  Page3of3    After Recording, Please Return to:  City of Austin P.0.) Box 1088 Austin, Texas 78767 Attention: Case No:  Watershed Protection and Development Review Department  Termination of Restrictive Covenant  Page4of3