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2022-020 - Waive Principal and Interest on Dangerous Strucutre & Nuisance Abatement Liens on Block 98 Lot 1-A - 5 in 5 Housing infill Development
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2022-020 - Waive Principal and Interest on Dangerous Strucutre & Nuisance Abatement Liens on Block 98 Lot 1-A - 5 in 5 Housing infill Development
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3/16/2022 3:09:43 PM
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3/16/2022 3:07:20 PM
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS THAT: <br />Section 1. The findings set out in the preamble to this resolution are hereby in all <br />things approved. <br />Section 2. The City Council hereby waives and forgives repayment of principal and <br />interest on the Structure Lien attached hereto as Exhibit A in the total approximate amount <br />of $241,476.96 and hereby waives and forgives repayment of the principal and interest on <br />the Nuisance Lien attached hereto as Exhibit B in the approximate amount of $1,242.82 in <br />order to facilitate the development of the Property and the Project and to further the <br />objectives of the 5 in 5 Housing Infill Development Program. <br />Section 3. The city attorney is directed to prepare and cause releases for said liens. <br />Section 4. This Resolution shall take effect immediately after its passage in <br />accordance with the provisions of law. <br />PASSED AND APPROVED this 14th day of March, 2022. <br />* l►►,'"�f®® <br />Paula Portugal, Mayor <br />ATTEST: r <br />� � Awa �£�Fdpige 9 <br />lice Ellis, City Clerk <br />APP�OVED AS TO FORM: <br />zN <br />Stepl' anie H. Hareis, City Attorney <br />
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