04&05 Tax Abatement Paris Warehouse 107

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Commission. XII. Authority to Contract 12.1. This AGREEMENT was authorized by resolution ofthe City Council at its regularly scheduled meeting on the 27th day of March, 2006, authorizing the Mayor to execute the AGREEMENT on behalf of the CITY. 12.2 This AGREEMENT was entered into by PARIS WAREHOUSE 107, INe. pursuant to the authority granted to the authorized official whose signature appears below. 12.3. This AGREEMENT shall constitute a valid and binding AGREEMENT between the CITY and OWNER when executed in accordance herewith, regardless ofwhether any other taxing unit executes a similar agreement for tax abatement. XIII. Legal 13.1 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. 13.2 This AGREEMENT, except by operation oflaw, shall not be assigned or transferred by OWNER, without the prior written consent of CITY, which consent shall be at the sole discretion of the CITY. 13.3 Any written notice required orpermitted under the terms of this AGREEMENT shall be given and be deemed to have been duly served ifeither (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: OWNER PARIS WAREHOUSE 107, INe. Attn: Mr. W. W. Harper 2300 13th St. S.W. Paris, TX 75460 CITY City Manager City of Paris P. O. Box 9037 Paris, Texas 75461-9037 \Vith a COPY To: Mr. David Owens Paris Warehouse 107, Inc. 2300 13th St. S.W. Paris, Texas 75460 City Clerk City of Paris, Texas P. O. Box 9037 Paris, Texas 75461-9037 TAX AIl..\TEME:>iT AGREE'\IE:>iT. Page 7 T