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Estimated value of new structure or residential improvements to be constructed. <br />2. Percent of value to be abated each year. <br />3. Effective date and the termination date of abatement. <br />4. Description of the Improvements, schedule of completion, property description and/or site plan. <br />5. Applicant agrees to make the new structure or residential improvements available for inspection <br />by City of Paris, or its authorized representatives, and Lamar County Appraisal District during <br />construction and upon completion of the project. <br />Contractual obligations in the event of default, violation of terms or conditions, delinquent taxes, <br />recapture and administration. <br />[REMAINDER OF PAGE BLANK] <br />Page 4of5 <br />