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2012-088 RES APPROVING AND AUTHORIZING TAX ABATEMENT AGREEMENT WITH ESSENT PRMC LP DBA PARIS REGIONAL MEDICAL CENTER
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2012-088 RES APPROVING AND AUTHORIZING TAX ABATEMENT AGREEMENT WITH ESSENT PRMC LP DBA PARIS REGIONAL MEDICAL CENTER
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8/17/2017 10:29:48 AM
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10/16/2012 12:36:20 PM
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CERTIFICATE OF COMPLETION <br />STATE OF TEXAS <br />COUNTY OF LAMAR <br />CITY OF PARIS <br />The Ciry of Paris, Texas, has included the Property described in E�chibit A attached hereto into two <br />Enterprise Zones, and has executed and delivered a Tax Abatement Agreement with ESSENT PRMC, <br />L. P., a limited partnership, for certain improvements a��d vther equipment (the "Improvements") to be <br />installed at the Partnership's two hospita] faciiities located in Paris, Lamar County, Texas. <br />ESSENT PRMC, L. P., has complied with all ofthe terms ofthe Ta�c Abatement Agreement, and <br />the Ciry of Paris herein verifies that the Improvements agreed to be built, installed and used have in fact <br />been completed as provided for in the Tax Abatement Agreement, <br />NOW TI �REFORE, the City of Paris authorizes that the Property described in E�chibit A attached <br />hereto shall receive a tax abatement of 100% of the taxes assessed upon the increased value of the <br />Improvements so installed over the value in which the property was last deternuned as of September 30, <br />2010, as recited in the Ta�c Abatement Agreement, for a duration of ten (10) years, with the tax abatement <br />for the Improvements beginnin� January 1, 2013. <br />APPROVED this day of , 20^ <br />Mayor <br />ATTEST: <br />Janice Ellis, City Clerk <br />APPROVED AS TO FORM: <br />City Attorney <br />
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