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14 - Huhtamaki Tax Abatement Agreement
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14 - Huhtamaki Tax Abatement Agreement
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(c)and, if the required installations have been made, deliver a Certificate of <br />Completion in the forms attached hereto as %·§¨¡¨³ 5 and executed by the <br />Mayor to the Chief Appraiser of the Lamar County Appraisal District. The City <br />shall attach to said Certificate of Completion a copy of the information <br />provided by Owner in its InitialReport as an identification of Equipment upon <br />which the tax abatement is to be granted. <br /> <br />11.2In the event that the City requires additional information in order to conduct <br />the review and verification contemplated by paragraph 11.1 hereinabove, the City shall <br />notify the Owner of same as soon as is practicable, but no later than thirty (30) days after <br />receipt of the InitialReport. <br /> <br /> 11.3 Nothing in this section shall prohibit the City from exercising its right to declare <br />Owner in default or Owner’s right to cure same in accordance with the terms of Section V <br />hereinabove. <br /> <br />XII. <br />!´³§®±¨³¸ ³® #®³ract <br /> <br /> 12.1 This Agreement was authorized by resolution of the City Council at its <br />regularly scheduled meeting on the 12th day of June, 2023, authorizing the Mayor to execute <br />the Agreement on behalf of the City. <br /> <br /> 12.2 This Agreement was entered into by Huhtamaki, Inc. pursuant to the authority <br />granted to the authorized official whose signature appears below. <br /> <br /> 12.3 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 <br />taxing unit executes a similar Agreement for tax abatement. <br />XIII. <br />Legal <br /> 13.1 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 /> <br /> 13.2 This Agreement, except by operation of law, shall not be assigned or <br />transferred by Owner, without the prior written consent of City, which consent, not to be <br />unreasonably withheld, shall be at the sole discretion of the City. <br /> <br /> 13.3 Any written notice required or permitted under the terms of this Agreement <br />shall be given and be deemed to have been duly served if either (1) delivered in person, (2) <br />deposited certified mail, return receipt requested, postage prepaid in the United States mail, <br />8 <br /> <br />
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