My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1997-145-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 9TH DAY OF NOVEMBER 1992
City-of-Paris
>
City Clerk
>
Resolutions
>
1889-2010
>
1930-1999
>
1990-1999
>
1997
>
1997-145-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 9TH DAY OF NOVEMBER 1992
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/18/2006 4:31:30 PM
Creation date
4/4/2005 12:50:09 AM
Metadata
Fields
Template:
CITY CLERK
Doc Name
1997
Doc Type
Resolution
CITY CLERK - Date
12/8/1997
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
5
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />IIV. <br /> <br />"Consideration <br />"Jobs <br /> <br />" <br /> <br />"5.2 OWNER agrees that, during that portion of the term of the <br />AGREEMENT occurring subsequent to December 31, 1993, ending December 31, <br />1999, it will not reduce below fifty (50) the number of such new, permanent jobs <br />so created." <br /> <br />"VII. <br />"Tax Abatement <br /> <br />"7.1 It is also understood and agreed among the parties that the <br />PROPERTY, also known as Reinvestment Zone Number Two-A, shall be <br />appraised at market value prior to the construction and installation of the <br />IMPROVEMENTS for the purposes of property tax assessment effective January <br />1,1993, and continued at market value without said IMPROVEMENTS until the <br />expiration of this AGREEMENT. The CITY, acting under and pursuant to the said <br />Texas Property Redevelopment and Tax Abatement Act, hereby covenants and <br />agrees to abate: <br /> <br />"(a) all CITY real property taxes that would otherwise be payable <br />with respect to the IMPROVEMENTS, and <br /> <br />"(b) all CITY personal property taxes that would otherwise be <br />payable with respect to all personal property, save and except <br />inventory and supplies, that is brought onto the PROPERTY <br />described in Exhibits A-I, A-2, and A-3, and as depicted on Exhibit <br />B, as a part of the improvement project herein described <br /> <br />"for a period of seven (7) years, beginning January I, 1993, and ending December <br />31, 1999." <br /> <br />EXECUTED on this the 8th day of December, 1997. <br /> <br />CITY OF PARIS, PARIS, TEXAS <br /> <br />By: <br /> <br />Eric S. Clifford, Mayor <br /> <br />Page 2 of 3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.