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2. Percent of value to be abated each year. <br />3. Effective date and the termination to of abatement. <br />5. Applicant agrees to make the new structure or residential improvements • <br />for inspection <br />by City of Paris, or its authorized representativcs� and Lamar County Appraisal District durin2 <br />construction and upon completion of the project. <br />6. Contractual obligations in the event of default, violation of terms or conditions, delinquent taxes, <br />recapture and administration. <br />=M' <br />