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21 - Resolution Terminating Paris Regional Medical Center Tax Abatement
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21 - Resolution Terminating Paris Regional Medical Center Tax Abatement
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12/6/2018 9:48:53 AM
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Section 7.1 thereof and in accordance with Texas Tax Code Sec. 312.205(a)(4), all taxes <br />which otherwise would have been paid to the City without the benefit of the abatement, <br />together with interest to be charged at the statutory rate for delinquent taxes as <br />determined by Section 33.01 of the said Tax Code, with all penalties allowed by law, shall <br />be recaptured and will become a debt due, owing, and paid to the City within sixty (60) <br />days of the expiration of the sixty (60) day cure period referred to herein, said cure period <br />having expired November 5, 2018. <br />DULY PASSED AND APPROVED this 10th day of December, 2018. <br />Steven J. Clifford, M.D., Mayor <br />ATTEST: <br />Janice Ellis, City Clerk <br />APPROVED AS TO FORM: <br />Stephanie H. Harris, City Attorney <br />
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