2023-025 - Development Agreement with Lionshead Paris LLC

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DocuSign Envelope ID: OEEW589-51305-4961-9ACA-5229871 D54CE Vill. Authorit to„Contract, 8.1 This Agreement was authorized by resolution of the City Council at its regularly scheduled meeting on the 22nd day of May, 2023, authorizing the City Manager to execute the Agreement on behalf of the City. 8.2 This Agreement was entered into by Lionshead Paris, LLC pursuant to the authority granted to the authorized official whose signature appears below. 8.3 This Agreement shall constitute a valid and binding Agreement between the City and Developer when executed in accordance herewith, regardless of whether any other taxing unit executes a similar Agreement for tax abatement. IX... Legal 9.1 Amendment. No officer, official or agent of the City has the power to amend, modify or alter this Agreement or waive any of its conditions or to bind the City by making any promise or representation not contained herein. 9.2 Assignability. This Agreement, except by operation of law, shall not be assigned or transferred by Developer, without the prior written consent of City, which consent shall be at the sole discretion of the City. 9.3 Notice. Any written notice required or permitted under the terms of this Agreement shall be given and be deemed to have been duly served if either (1) delivered in person, or (2) deposited certified mail, return receipt requested, postage prepaid in the United States mail, addressed to the designated representative of the respective parties which are designated as follows: DEVELOPER: Lionshead Paris, LLC Attn: Gary Graham and Galen Miller 305 Steury Ave. Goshen, IN 46528 CITY: CITY OF PARIS, TEXAS Attn: City Manager P.O. Box 9037 Paris, TX 75461-9037 With a co to: City Clerk, City of Paris, Texas (address same as above) City Attorney, City of Paris, Texas (address same as above)