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2003-004-PEDCR
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2003-004-PEDCR
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Last modified
8/18/2006 4:35:26 PM
Creation date
5/27/2004 1:51:22 PM
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CITY CLERK
Doc Name
2003
Doc Type
Resolution
CITY CLERK - Date
4/16/2003
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<br />established by the Lamar County Appraisal District, whichever amount shall be greater, <br />with a loss payable to PEDC as its interest may appear. <br /> <br />4. <br /> <br />That, in the event of default on the promissory note approved by PEDC of even date <br />herewith and as described herein, said note shall become a personal liability of David D. <br />Hickerson of Franklin County, Texas. <br /> <br />5. <br /> <br />That venue on any controversy arising under this agreement or with regard to the aforesaid <br />note shall lie exclusively in Lamar County, Texas, and shall be subject to and resolved in <br />accordance with the laws of the State of Texas, and in the event of enforcement of said <br />note by the payee, the maker shall be liable for reasonable attorney's fees incurred by the <br />holder for enforcement thereof. <br /> <br />DATED this 16th day of April, 2003. <br /> <br />PARIS ECONOMIC DEVELOPMENT <br />CORPORATION, INC. <br /> <br />By: <br /> <br />Jay Guest, President <br /> <br />ATTEST: <br /> <br />Curtis Fendley, Secretary-Treasurer <br /> <br />APPROVED AS TO FORM: <br /> <br />Larry W. Schenk, City Attorney <br /> <br />PARIS PACKAGING, INC. <br /> <br />By: <br /> <br />David D. Hickerson, President <br /> <br />ATTEST: <br /> <br />Secretary <br />
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