O-2006-2956 - Laserfiche WebLink

Browse Search

Section 66-145. AGREEl\1ENT After approval the City shall formally pass an ordinaIlce and execute an agreement with the owner of the facility and lessee as required which shall include: (a) estimated value to be abated and the base year value; (b) percent of value to be abated each year as provided in Section 66-142 ("Abatement Authorized); . ( c) the commencement date and the termination date of abatement; (d) the proposed use of the facility; nature of construction., time schedule, survey, property description and improvement list; (e) contractual obligations in the event of default, violation ofterms or conditions, delinquent taxes, recapture, anministration and assignment as provided in Section 66-142 ("Abateinent Authorized"), Section 66-146 ("Recapture"), Section 66-147 ("Administration"), and Section 66-148 ("Assignment"), or other provisions that may be . required for uniformity or by state law; (f) amount ofinvestrnent, increase in assessed value and number of jobs mvolved,.as provided in S~tion 66-142 ("Abatement Authorized"); (g) a requiremeJ?t that the applicant annually submit to HCAD and City, a January employee count for the abated facility which corresponds to employment counts reported in the facility's Employer's Quarterly Report' to the TexaS Workforce Commission for the quarter most recently ended at calendar year....end, and a separate notarized letter certifying the number of jobs created or retained as a. direct result of the abated improvements. and the number of employees in other facilities located within the City and the compliance with the environmental and w<;>rker safety requirements in. the agr~ent-fqt the pr~g calendar year, for as of January 1. Submission shall be used to determine abatement eligibility for that year and shall be subject to audit if requested by the governing boqy. Failure to submit will result in the ineligibility to receive an abatement for that year; and (h) A requirement that the owner or lessee will (a) obtain and maintain all required permits ~d other authorizations from the United States Environmental Protection Agency and the TCEQ for the construction and operation of its facility and for the storage, transport and disposal of solid waste; and (b) seek a perniit from the TCEQ for all grandfathered units on the site of the abated facility by filing with the TCEQ, , within three years of receiving the abatement, a technically complete application for such a permit. (i) Amount of investment and total permanent employees to be retained. or created and total full-time equivalent jobs to be retained or created. - 11 -