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14-H Sesaco Assn Sesame Sol
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14-H Sesaco Assn Sesame Sol
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Last modified
9/11/2012 3:52:35 PM
Creation date
2/4/2004 2:10:42 PM
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Template:
AGENDA
Item Number
14-H
AGENDA - Type
RESOLUTION
Description
Assignment of Tax Abatement Agreement from Sesaco to Sesame Solutions
AGENDA - Date
2/9/2004
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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 No. 9 and executed a tax abatement agreement with Sesaco Corporation for <br />certain improvements or repairs. <br />Sesaco Cotporation has complied with all terms of the tax abatement agreement and the City <br />of Paris herein verifies that the improvements agreed to be built or used were in fact completed, as <br />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 improvements <br />over the value in the year in which the tax abatement aareement was executed for a duration of seven <br />(7) years, beginning January 1, 2002. <br />APPROVED this day of I <br />Mayor <br />ATTEST: <br />Mattie Cunningham, City Clerk <br />APPROVED AS TO FORM: <br />Lacry W. Schenk, City Attorney <br />EXHIB'T <br />n <br />
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