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<br />e <br /> <br />e <br /> <br />ORlGINAL <br /> <br />effective date of abatement and the percentage of value <br />to be abated shall be 100 percent throughout the <br />abatement period. <br /> <br />(k) Taxability. From the date of execution of the abatement <br />agreement to the end of the abatement period, taxes shall be <br />payable as follows: <br /> <br />(1) The value of ineligible property as provided in section <br />66-144(e) shall be fully taxable; <br /> <br />(2) The base year value of existing eligible property as <br />determined each year shall be fully taxable; and <br /> <br />(3) The additional value of new eligible property shall be <br />taxable in the manner described in section 66-144(g), <br />except as provided in sections 66-144 (h) (5) and (j) (2) <br />above. <br /> <br />(1) Environmental qualification. In determining whether to <br />grant a tax abatement, consideration will be given to compliance <br />with all state and federal laws designed to protect human health, <br />welfare and the environment ("environmental laws") that are <br />applicable to all facilities in the state of Texas owned or <br />operated by the owner of the facility, its parent, subsidiaries <br />and, if a joint venture or partnership, every member of the joint <br />venture or partnership ("applicants"). Consideration may also be <br />given to compliance with environmental laws by applicants at other <br />facilities within the united states" <br /> <br />Sec. 66-145. Aqreement for economic development abatement. <br /> <br />After approval, the city shall enter into an agreement with <br />the owner of the facility and lessee (as required), which agreement <br />shall include: <br /> <br />(1) Estimated value to be abated and the base year value; <br /> <br />(2) Percent of value to be abated each year as provided in <br />this article; <br /> <br />(3) The commencement date and the termination dated of <br />abatement; <br /> <br />(4) The proposed use of the facility; nature of construction, <br />time schedule, map, property description and improvement <br />list as provided in this article; <br /> <br />(5) Contractual obligations in the event of default, <br />violation of terms or conditions, d~linquent taxes, <br />recapture, administration, and assignment as provided in <br />this article and other provisions that may be required <br />for uniformity or by state law; <br /> <br />10 <br />