My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Res 2020-230/approving a Chapter 380 Economic Development Incentive Agreement with DBI San Marcos Property, L.P., providing incentives in the form of refunds of a percentage of real property taxes over three years for the development of approximately 174,
San-Marcos
>
City Clerk
>
03 Resolutions
>
2020's
>
2020
>
Res 2020-230/approving a Chapter 380 Economic Development Incentive Agreement with DBI San Marcos Property, L.P., providing incentives in the form of refunds of a percentage of real property taxes over three years for the development of approximately 174,
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/26/2021 10:16:57 AM
Creation date
11/24/2020 1:44:52 PM
Metadata
Fields
Template:
City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2020-230
Date
10/20/2020
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
29
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
by the Developer of this Agreement or seeking to prohibit, restrain or enjoin the execution, delivery <br />or performance by the Developer hereof, wherein an unfavorable decision, ruling or finding (i) <br />would adversely affect the validity or enforceability of, or the authority or ability of the Developer <br />to perform, its obligations under this Agreement or (ii) would have a material adverse effect on <br />the consolidated financial condition or results of operations of the Developer or on the ability of <br />the Developer to conduct its business as presently conducted or as proposed or contemplated to be <br />conducted. <br />Section 5.07. No Defaults. The Developer is current in its obligation to pay taxes to the <br />City, and is not in default in the performance, observance or fulfillment of any of the obligations, <br />covenants or conditions contained in any agreement or instrument to which the Developer is a <br />party or by which the Developer or any of its property is bound that would have any material <br />adverse effect on the Developer's ability to perform under this Agreement. <br />Section 5.08. Full Disclosure. Neither this Agreement nor any schedule or exhibit <br />attached hereto in connection with the negotiation of this Agreement contains any untrue statement <br />of a material fact or omits to state any material fact necessary to keep the statements contained <br />herein or therein, in the light of the circumstances in which they were made, from being <br />misleading. <br />ARTICLE VI <br />PERSONAL LIABILITY OF PUBLIC OFFICIALS; <br />LIMITATIONS ON CITY OBLIGATIONS <br />Section 6.01. Personal Liability of Public Officials. No employee or elected official of <br />the City shall be personally responsible for any liability arising under or growing out of this <br />Agreement. <br />Section 6.02. Limitations on City Obligations. The Grant Payments made and any other <br />
The URL can be used to link to this page
Your browser does not support the video tag.