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Res 1990-028
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Res 1990-028
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Last modified
7/23/2007 10:56:53 AM
Creation date
7/23/2007 10:56:52 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Tax Abatement
Number
1990-28
Date
4/9/1990
Volume Book
97
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<br /> 840 74-3 <br /> -" <br /> TAX ABATEMENT AGREEMENT BETWEEN THE CITY <br /> OF SAN MARCOS AND PARKVIEW METAL PRODUCTS <br /> STATE OF TEXAS <br /> COUNTY OF HAYS KNOW ALL PERSONS BY THESE PRESENTS: <br /> CITY OF SAN MARCOS <br /> This tax abatement agreement (this IIAgreement II), is entered into <br /> between the City of San Marcos (the IICityll), Texas, a Texas municipal <br /> corporation, and Parkview Metal Products, Inc. (IIParkvielll7l1), a <br /> corporation, each acting by and through its authorized officers. <br /> I. <br /> GENERAL PROVISIONS <br /> A. This tax abatement agreement is authorized by the Property <br /> Redevelopment and Tax Abatement Act, Chapter 312 of the Texas <br /> Tax Code. <br /> B. This Agreement is governed, also, by the City of San Marcos' <br /> Guidelines Governing Tax Abatement and Other Economic <br /> Development Incentives, as adopted and amended by the City <br /> Council. <br /> c. Parkview is the owner of the property which is the subject of <br /> this Agreement and which is described in Exhibit A (the <br /> "Property"), which is attached hereto and incorporated herein <br /> for all purposes. The Property is wholly within an <br /> Enterprise Zone duly designated by the Texas Department of <br /> Commerce and is within the city limits of the City of San <br /> Marcos. <br />
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