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<br />AMENDMENT NO. TWO TO TAX ABATEMENT AGREEMENT
<br />BETWEEN THE CITY OF PARIS, PARIS, TEXAS,
<br />AND TURNER INTERNATIONAL PIPING SYSTEMS, INC.
<br />DATED FEBRUARY 18, 1999
<br />
<br />STATE OF TEXAS
<br />
<br />)
<br />)
<br />)
<br />
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />
<br />COUNTY OF LAMAR
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 8th day of
<br />February, 1999, in Ordinance No. 99-011, establish Reinvestment Zone No.7 in the City of
<br />Paris for commercial and industrial tax abatement as authorized by the Property Redevelopment
<br />and Tax Abatement Act, as amended, being V.T.C.A. Tax Code, Chapter 312; and,
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 8th day of February,
<br />1999, in Resolution No. 99-016, pass and adopt a policy on tax abatement incentives; and,
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 18th day of
<br />February, 1999, in Resolution No. 99-024, authorize the execution of a Tax Abatement Agreement
<br />with Turner International Piping Systems, Inc.; and,
<br />
<br />WHEREAS, the terms of said Agreement are in need of revision; NOW, THEREFORE,
<br />
<br />WITNESSETH
<br />
<br />1.
<br />
<br />That, effective August 8, 2005, all references in the Tax Abatement Agreement between the
<br />
<br />City of Paris, Paris, and Turner International Piping Systems, Inc. dated February 18, 1999,
<br />
<br />to Turner International Piping Systems, Inc. shall mean Turner Industries Group, L.L.C.
<br />
<br />2.
<br />
<br />That Turner Industries Group, L.L.C. agrees to assume all rights, obligations, and
<br />
<br />responsibilities under said Tax Abatement Agreement.
<br />
<br />3.
<br />
<br />That the provisions of Amendment No. One to said Tax Abatement Agreement, executed
<br />
<br />February 9, 2004 and acknowledging the corporate identity of Turner International Piping
<br />
<br />Systems, Inc., as Turner International Piping Systems, L.L.C., are hereby in all things
<br />
<br />superceded.
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<br />EXHIBIT .A.
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