Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />VIII. <br /> <br />TERM OF AGREEMENT <br /> <br />This agreement shall be for an initial term of three (3) years, commencing on <br />August I, 1994 and continuing through July 31, 1997. Either party may cancel <br />this agreement by providing 180 days written notice to the presiding officer of <br />the governing board of the other party. After the expiration of the initial <br />three year term, the agreement will continue on a year to year basis unless <br />terminated pursuant to this provision. <br /> <br />IX. <br /> <br />COMPENSATION <br /> <br />La Porte hereby agrees to accept as compensation and Morgan's Point agrees to pay <br />to La Porte as full compensation, the sum of Three Dollars and Sixty Cents <br />($3.60) for each separate assessed item on the tax roll of Morgan's Point, as <br />reported by the HCAD in its first certified roll and includes both those accounts <br />certified and uncertified. Morgan's Point shall pay La Porte by February 28th <br />for the tax year just billed. La Porte may retain all fees received for issuance <br />of tax certificates on Morgan's Point tax accounts, to compensate La Porte for <br />the cost of the issuance of such tax certificates. <br /> <br />WITNESS OUR HANDS, this 25th day of July, 1994. <br /> <br />City of La Porte <br /> <br />By: G<~~ T. ~ <br />City Manager <br /> <br />-, I a.(o \ C\.~ <br />Date <br /> <br />ATTEST: <br /> <br />~ <br /> <br />LJ <br /> <br />~r <br /> <br />City Secretary <br /> <br /> <br />By: <br /> <br />'~' <br />'.~. _ .. . j (j JA~ f)jll)F4.~ <br />City Admini~tr.tor Date <br />