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<br /> -9- 8~O 7~~ <br /> ... ." I <br /> ',,' .:' <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 as this Agreement <br /> is fully performed by Parkview, 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 Parkview 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 <br /> Parkview: <br /> 1. The City of San Marcos agrees to waive all fees (the <br /> "Fee Waivers") associated with zoning, the subdivision <br />