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<br />Section 5. That, by hereby granting the tax abatement, there will be no substantial adverse <br />effect on the provision of City services or on its tax base. <br /> <br />Section 6. That the planned use of the property the subject of the tax abatement will not <br />constitute a hazard to public safety, health, or morals. <br /> <br />Section 7. That this approval and execution of the AGREEMENT on behalf of the City is <br />not conditional upon approval and execution of any other tax abatement agreement by any other <br />taxing entity. <br /> <br />Section 8. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND ADOPTED this the 27th day of March, 2006. <br /> <br /> <br />ATTEST: <br /> <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />~ <br /> <br />fe~ <br /> <br />hn D. Lestock, Assistant City Attorney <br />