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2003-113-RES AUTHORIZE EXECUTION OF 1ST AMENDMENT OF TAX ABATEMENT AGREEMENT BETWEEN COP AND H&W COMMERCIAL WAREHOUSE
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2003-113-RES AUTHORIZE EXECUTION OF 1ST AMENDMENT OF TAX ABATEMENT AGREEMENT BETWEEN COP AND H&W COMMERCIAL WAREHOUSE
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8/18/2006 4:28:11 PM
Creation date
9/2/2003 2:22:46 PM
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CITY CLERK
Doc Name
2003
Doc Type
Resolution
CITY CLERK - Date
7/14/2003
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<br />FIRST AMENDMENT TO TAX ABATEMENT AGREEMENT <br />BETWEEN THE CITY OF PARIS AND H-W COMMERCIAL WAREHOUSE, INC. <br />DATED APRIL 13,1993, ASSIGNED TO PARIS WAREHOUSE 107, INC. <br />ON FEBRUARY 8, 1999 <br /> <br />COUNTY OF LAMAR <br /> <br />) <br />) <br />) <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />STATE OF TEXAS <br /> <br />That this First Amendment to Tax Abatement Agreement between the City of Paris and <br /> <br />H-W Commercial Warehouse, Inc, dated May 17, 1993, assigned to Paris Warehouse 107, Inc. <br /> <br />on February 8, 1999, is made this 14th day of July, 2003, by and between the CITY OF PARIS, <br /> <br />PARIS, TEXAS, a municipal corporation, acting by and through its Mayor, Curtis Fendley, duly <br /> <br />authorized, hereinafter called CITY, and PARIS WAREHOUSE 107, INC., acting by and through <br /> <br />its authorized officer whose signature appears below, hereinafter called OWNER. <br /> <br />WITNESSETH <br /> <br />A. That OWNER, having fully complied with and met all conditions of the above- <br /> <br />described Agreement, having exercised the option to extend said Agreement for two (2) years, <br /> <br />does hereby mutually agree with CITY that Section VIII of said Agreement be deleted in its <br /> <br />entirety and that Sections I, V, VI, VII, and XII be amended to read as follows: <br /> <br />"I. <br />"Term <br /> <br />"I.I The term of this AGREEMENT shall begin on the 13th day of <br />April, 1998, with, as hereinafter provided, tax abatement granted herein beginning <br />with the tax year beginning January 1, 1999, and expiring on December 31,2005." <br /> <br />"V. <br /> <br />" Consideration <br />"Jobs <br /> <br />EXHIBIT A <br />Page 1 of 5 <br />
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