2017-037 - Approving a Tax Abatement Agreement between the City of Paris and Campbell Soup Supply Company, LLC relating a new Plum Organics Line

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XI. CITY's Certificate of Completion 11.1 Within thirty (30) days of receipt of the Initial Report required by paragraph 10.1 hereinabove, or as soon thereafter as practicable should the CITY require additional information from OWNER, the CITY shall: (a) review same for compliance with the terms of this AGREEMENT including the requirements relating to full-time jobs; (b) verify that the IMPROVEMENTS identified in the Report and required by the terms of this AGREEMENT have been completed; and (c) if the required IMPROVEMENTS have been made and the employment levels have been reached, deliver a Certificate of Completion in the form attached hereto as Exhibit D and executed by the Mayor to the Chief Appraiser of the Lamar County Appraisal District. The CITY shall attach to said Certificate of Completion a copy of the information provided by OWNER in the Initial Report as an identification of the IMPROVEMENTS upon which the tax abatement is to be granted. 11.2 In the event that the CITY requires additional information in order to conduct the review and verification contemplated by paragraph 11.1 hereinabove, the CITY shall notify OWNER of same as soon as is practicable, but no later than thirty (30) days after receipt of the Initial Report. 11.3 Nothing in this section shall prohibit the CITY from exercising its right to declare OWNER in default or OWNER's right to cure same in accordance with the terms of Section VI hereinabove. XII. Authority to Contract 12.1. This AGREEMENT was authorized by resolution of the City Council at its regularly scheduled meeting on the 23rd day of October, 2017, authorizing the Mayor to execute the AGREEMENT on behalf of the CITY. 12.2 This AGREEMENT was entered into by CAMPBELL SOUP SUPPLY COMPANY LLC (PARIS PLANT) pursuant to the authority granted to the authorized official whose signature appears below. 12.3. This AGREEMENT shall constitute a valid and binding AGREEMENT between the CITY and OWNER when executed in accordance herewith, regardless of whether any other taxing unit executes a similar agreement for tax abatement.