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<br /> 63 ';). .:;~ <br /> ?- <br /> 34~967 /O(~ , '7 (7 <br /> TAX ABATEMENT AGREEMENT BETWEEN THE CITY <br /> OF SAN MARCOS AND ARUNKUMAR AMIN, CHANDRIKA AMIN AND NIRAV AMIN <br /> STATE OF TEXAS <br />- <br />¡ COUNTY OF HAYS KNOW ALL PERSONS BY THESE PRESENTS <br />i <br /> CITY OF SAN MARCOS <br /> This tax abatement agreement (this "Agreement") is entered <br /> into between the city of San Marcos, Texas, (the " City") a Texas <br /> municipal corporation, and Arunkumar Amin, Chandrika Amin and Nirav <br /> Amin (the "Owners"), a corporatîon, each acting by and through its <br /> authorized officers. <br /> ¿ <br /> 1. <br /> GENERAL PROVISIONS <br /> A. This Agreement is authorized by the Property <br /> Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax <br /> Code. <br /> B. This Agreement is govern~d, also, by the City of San <br /> Marcos' Guidelines Governing Tax Abatement and Other Economic <br /> Development Incentives, as adopted and amended by the City Council. <br /> C. The Owners are the owners of the 2.522 acre tract of <br /> property situated in Hays County, Texas, which is the subject of <br /> this Agreement (the "Property"), the legal description of which is <br /> Lot 1, Amin Addition, as depicted on the plat recorded at Volume 5, <br /> page 388 of the Plat Records of Hays County, Texas. The Property <br /> is wholly within City of San Marcos Reinvestment Zone No. 7 and is <br /> K€TUJ2.1lJ~: C? ; ,<,/ /l- ~-;¡}/J-~,h!:;--~/ ~ tttmllC REC('IQDS!; <br /> ¿ikJ é-. M-,",,/&,/,eJ '3 f:r: <br /> S'...;.r.,.:) ,.l'/4;e:¿ð5 ./k 7cf" .u. ¿;, Heys Ceunty, T-sx." <br /> , <br />