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06-B Kimberly-Clark Tax Abatement
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06-B Kimberly-Clark Tax Abatement
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Last modified
8/17/2012 1:07:06 PM
Creation date
5/4/2006 5:43:34 PM
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Template:
AGENDA
Item Number
06-B
AGENDA - Type
RESOLUTION
Description
Tax Abatemetn Agreement with Kimberly-Clark Corp.
AGENDA - Date
5/8/2006
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inspecting the Property and Improvements shall be accompanied by one (1) or more <br />representatives of the Owner and shall sign an Agreement promising to maintain the <br />confidentiality of any information they obtain in connection therewith except for the <br />purposes of assessing and collecting ad valorem taxes and verifying or enforcing <br />compliance with this Agreement. Said representative shall also be required to observe any <br />facility rule and regulation applicable to the Property. Nothing herein shall be construed as <br />limiting the City's ability to perform inspections or to enter the Property the subject of this <br />Agreement. <br />XI. <br />Initial and Annual Reporting <br />11.1 The Owner further agrees that it will, within thirty (30) days of completion <br />of the Improvements, provide City with a sworn report, written on company letterhead and <br />signed by a designated representative of Owner, which contains the following information: <br />(a) Copy of the printout from the Lamar County Appraisal District showing the <br />market value of the Property prior to the construction of the Improvements; <br />(b) Detailed description of Improvements; <br />(c Copy of or identification of plans and specifications of constructed <br />Improvements and the location of the same for inspection by City's <br />certification team; <br />(d) Actual cost of capital Improvements; and, <br />(e) Date of substantial completion of the Improvements as defined in paragraph <br />3.1 hereof. <br />11.2 The Owner further agrees that it will provide City with an annual, sworn <br />report which shall certify, in writing, that it is in compliance with each applicable term of <br />this Agreement. Such annual report shall be furnished in such form as the City shall <br />require. <br />11.3 In addition to the annual report required under Section 11.2 hereof, the <br />Owner further agrees that it will provide City a copy of the Employer Reference summary <br />page of its Texas Workforce Commission Employer's Quarterly Report within thirty (30) <br />days of its filing of the same with the Texas Workforce Commission. The Owner will <br />provide an affidavit signed by the Plant Manager or an Officer of the Company certifying <br />that the information provided in the summary page is a true and valid report filed with the <br />Texas Workforce Commission. <br />XII. <br />Authority to Contract <br />12.1. This Agreement was authorized by resolution of the City Council at its <br />6 <br />
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