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2022-033 - Approving a Residential Tax Abatement Agreement between the City of Paris and We’re Going to Paris, LLC
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2022-033 - Approving a Residential Tax Abatement Agreement between the City of Paris and We’re Going to Paris, LLC
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5/11/2022 11:48:04 AM
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5/11/2022 11:47:37 AM
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5. 10 This Agreement was entered into by Owner pursuant to the authority granted to <br />the authorized official whose signature appears below. <br />5.11. This Agreement shall constitute a valid and binding Agreement between the <br />City and Owner when executed in accordance herewith, regardless of whether any other taxing <br />unit executes a similar agreement for tax abatement. <br />F. Legal. <br />5.12 No officer, official or agent of the City has the power to amend, modify or alter <br />this Agreement or waive any of its conditions or to bind the City by making any promise or <br />representation not contained herein. <br />5.13 This Agreement, except by operation of law, shall not be assigned or transferred <br />by Builder, without the prior written consent of City, which consent shall be at the sole <br />discretion of the City. <br />5.14 Any written notice required or permitted under the terms of this Agreement shall <br />be given and be deemed to have been duly served if either (1) delivered in person, or (2) <br />deposited certified mail, return receipt requested, postage prepaid in the United States mail, <br />addressed to the designated representative of the respective parties which are designated as <br />follows: <br />BUILDER: <br />We're Going to Paris, LLC <br />Attn: Seth Bame <br />6060 N. Central Expressway Ste. 770 <br />Dallas, Texas 75206 <br />CITY: <br />CITY OF PARIS, TEXAS <br />Attn: City Manager <br />P. O. Box 9037 <br />Paris, TX 75461-9037 <br />With a copy to: <br />City Clerk, City of Paris, Texas <br />(Address same as above) <br />5.15 If any term or provision of this Agreement shall be declared unconstitutional or <br />void by any court of competent jurisdiction, the constitutionality and validity of the remainder <br />of said Agreement shall not be affected thereby, and to this end the terms and provisions of <br />this Agreement are declared to be severable. <br />5.16 This Agreement sets forth the entire understanding between the parties, and any <br />other understandings or agreements shall be canceled and superseded by this Agreement upon <br />6 <br />
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