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2023-026 - Economic Development Agreement and Tax Abatement Agreement with Cultiv8Community 5 In 5 Housing Infill Development Program
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2023-026 - Economic Development Agreement and Tax Abatement Agreement with Cultiv8Community 5 In 5 Housing Infill Development Program
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6/14/2023 12:48:37 PM
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Texas; (2) failure to comply with the requirements of the City of Paris' 15 in 5' Program Is <br />If 'ig 'led ag <br />being fi <br />0 minst the ProverR <br />1A 6ilure to com <br />Wyfirr-TtTwit UNIT, 1y-O"77. <br />tax on a Property to become delinquent as evidenced by an affidavit of such fact support <br />by a delinquent tax statement issued by the Lamar County Appraisal District or other t <br />assessor-collector for the Grantors, and riled in the deed records of Lamar County, Texa <br />and (4) failute to pay any fee required to be paid by law, evidenced by an affidavit of su <br />fact being filed in the deed records of Lamar County, Texas; before any affidavit relating <br />contingencies 1-4 above shall be filed in the deed records of Lamar County, Texas, t <br />Grantee shall be given notice of the event causing the reverter and 10 business days to cu <br />(the first day shall be the date the notice is presented to Grantee if hand delivered to t <br />Grantee, otherwise the second business day after the notice is turned over to the Unit <br />States Postal Service or other delivery service for delivery to the Grantee). <br />All of the taxing units entitled to receive proceeds from the sale of the Property h <br />consented to the private sale of the Property to the Grantee, in advance, as permitted by. Secti <br />34.051 of the Texas Property Tax Code; this advance consent is evidenced by that interloc <br />4 ai- oi, <br />giiii �eing maintained by the Ci <br />of Faris kapprovect 6y: InC %-I <br />Junior College, Regents' agenda of January 24, 2022, item #6; Lamar County, Commissione <br />Court agenda of January 24, 2022, item #2; and the Paris Independent School District, Trustee <br />agenda of January 24, 2022, item #4). <br />Grantor, for the consideration and subject to the reservations from and exceptions <br />P. a.,TJ _qitv. grants, sells and conv s to Grantee the property, together with all <br />singular Ine rigins ME appFlUMMMS LIXI-CM III J1 J__Vlallw� <br />Grantee's successors, or assigns forever WITHOUT WARRANTY. <br />The intent of this Deed Without Warranty is to transfer the property and interests foreclos <br />on by the Grantor taxing jurisdictions in the Judicial District Courts, Lamar County, Texas, Cau <br />No. 89915, City of Paris v. Unknown Owners of 75 Tract, and no more. I <br />When the context requires, singular nouns and pronouns include the plural. <br />IN TESTIMONY VVIIEREOF, and executed this _ day of <br />M <br />(TAX FORECLOSED PROPERTY — PRIVATE RESALE — 5 -IN -5 PROGRAM), Page 3 c&_t <br />
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