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Res 2015-094/approving a Chapter 380 Economic Development Incentive Agreement with Amazon.com.kydc, LLC, providing incentives in the form of annual refunds of 85 percent of ad valorem taxes generated from personal property over fifteen years, 40 percent
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Res 2015-094/approving a Chapter 380 Economic Development Incentive Agreement with Amazon.com.kydc, LLC, providing incentives in the form of annual refunds of 85 percent of ad valorem taxes generated from personal property over fifteen years, 40 percent
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8/26/2015 4:23:52 PM
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Resolutions
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Approving
Number
2015-94
Date
7/21/2015
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commercial information (Section 552.110 of the Texas Government Code). The City will <br />endeavor to use adequate safeguards, no less than those safeguards described in Section 8.05, to <br />maintain the security and confidentiality of all materials, communications, data and information <br />related to this Agreement or supplied by Amazon in connection with this Agreement that may be <br />subject to such exemptions from disclosure. Amazon acknowledges that this Agreement <br />constitutes public information and the materials, communications, data and information related <br />to this Agreement may also constitute public information subject to disclosure under The Public <br />Information Act and agrees that the City may disclose this Agreement, the annual Compliance <br />Certificates and the portions of materials, communications, data and information related to this <br />Agreement as required by law, provided that the City will make reasonable efforts to (a) give <br />Amazon prior written notice of a request for public information (other than a request for copies <br />of this Agreement or annual Compliance Certificates, which Amazon agrees may be released <br />without notice to Amazon) in a reasonably practicable time period to allow Amazon to seek a <br />protective order or other appropriate remedy, (b) disclose only such information as is required <br />under the applicable law, (c) cooperate with Amazon in responding to any such records request <br />(but there shall be no obligation for the City to independently request or join in any request for a <br />ruling from the Attorney General or to pursue any remedies sought by Amazon with regard to <br />asserted proprietary commercial or financial information or trade secrets). In particular, the City, <br />without waiving its right to appeal an opinion or ruling under applicable procedures, hereby <br />agrees to comply with any opinion or ruling of the Texas Attorney General or court order <br />recommending or requiring redaction or withholding of information in response to a request for <br />public information. <br />15 <br />
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