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<br /> -8- 2P Q l517 <br /> Qy <br /> 0 .,.J ,.} 0 L ¡ <br /> City shall be entitled to and receive a lien against the <br /> Property to secure the full value of the fees so waived. <br />F. The amount of Abated Taxes abated each year under the terms <br /> of this Agreement shall be secured by a first and prior tax <br /> lien on the Property which shall continue in existence from <br /> year to year until such time that this Agreement <br /> is fully performed by Rohr, at which time the City will <br /> execute a certificate in recordable form stating this <br /> Agreement has been performed, or until all Abated Taxes, <br /> whether assessed or recaptured, are paid in full. <br />G. The City Council reserves the sole and exclusive right to <br /> choose among the remedies for default enumerated in <br /> subsections A through F above; provided that the remedy at <br /> Subsection D shall be exclusive for failure to create and <br /> maintain the required number of jobs. Such alternate default <br /> provisions may be used in conjunction with one another or <br /> exclusively, in the sole discretion of the City Council. <br /> VI. <br /> ECONOMIC INCENTIVES PROVIDED BY THE CITY OF SAN MARCOS <br />A. As partial consideration for the location of Rohr in the <br /> City of San Marcos, the completion of the improvements <br /> described in part II, above, and the creation of the jobs <br /> described in part II, above, the City of San Marcos agrees <br /> to provide the following incentives and benefits to Rohr: <br />