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08-A Tax Abat Agree-Paris Wareh
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2004-10-11
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08-A Tax Abat Agree-Paris Wareh
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Last modified
8/29/2012 3:09:32 PM
Creation date
9/30/2004 2:22:16 PM
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Template:
AGENDA
Item Number
08-A Tax Abate Agr
AGENDA - Type
RESOLUTION
Description
Tax Abatement Agreement with Paris Warehouse 107, Inc.
AGENDA - Date
10/11/2004
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CERTIFICATE OF COMPLETION <br />STATE OF TEXAS } <br />COUNTY OF LAMAR } <br />CITY OF PARIS } <br />The City of Paris has included the property described in Exhibit A attached hereto into <br />Reinvestment Zone Number 10 and executed a tax abatement agreement with Paris Warehouse <br />107, Inc. for certain improvements or repairs. <br />Paris Warehouse 107, Inc. has complied with all terms of the tax abatement agreement and <br />the City of Paris herein verifies that the improvements agreed to be built or used were in fact <br />completed, as provided. <br />NOW, THEREFORE, the City of Paris authorizes that the property described herein shall <br />receive a tax abatement of 100% of the taxes assessed upon the increased value of the <br />improvements over the value in the year in which the tax abatement agreement was executed for <br />a duration of l years, beginning January 1, 2005. <br />APPROVED this day of <br />.2004. <br />Curtis Fendley, Mayor <br />ATTEST: <br />Sherian Dixon, Assistant City Clerk <br />APPROVED AS TO FORM: <br />Larry W. Schenk, City Attorney <br />EXHIBIT <br />
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