2018-028 Resolution Terminating Tax Abatement Agreement with Essent PRMC L.P. dba Paris Regional Medical Center

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DCII. Initial and Annual Reporting 12.1 The Owner further agrees that it will, within thirty (30) days of completion of the Improvements, provide City with a sworn report, written on company letterhead and signed by a designated representative of Owner, which contains the following information: a) Copy of the printout from the Lamar County Appraisal District showing the market value of each real property and the improvements thereon prior to the construction of the Improvements; 1/(b) Detailed description of Improvements; //' LC) Copy of or identification of. plans and specifications of constructed Improvements and the location of the same for inspection by City's certification team; f d) Actual cost of capital Improvements; and, /e) Date of substantial completion of the Improvements as defined in paragraph 3.1 hereof. 12.2 The Owner further agrees that it will provide City with an annual, sworn report which shall certify, in writing, that it is in compliance with each applicable term of this AGREEMENT. Such annual report shall be furnished in such form as the City shall require. 12.3 In addition to the annual report required under Section 12.2 hereof, the Owner further agrees that it will provide City a copy of the Employer Reference summary page of its Texas Workforce Commission Employer's Quarterly Report within thirty (30) days of its filing of the same with the Texas Workforce Commission. The Owner will provide an affidavit signed by an authorized Officer of the Owner certifying that the information provided in the summary page is a true and valid report filed with the Texas Workforce Commission. DCIII. Authority to Contract 13.1. This AGREEMENT was authorized by resolution of the City Council at its regularly scheduled meeting on the 8'h day of October, 2012, authorizing the Mayor to execute the AGREEMENT on behalf of the City.