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<br />e <br /> <br />e <br /> <br />ASSIGNMENT Section 8 <br /> <br />Tax abatement agreements may be assigned to a new owner or lessee <br />of the facility with the written consent of the Commissioners <br />Court, which consent shall not be unreasonably withheld. Any <br />assignment shall provide that the assignee shall irrevocably and <br />uncondi tionally assume all the duties and obligations of the <br />assignor upon the same terms and conditions as set out in the <br />agreement. Any assignment of a tax abatement agreement shall be <br />to an entity that contemplates the same improvements or repairs <br />to the property, except to the extent such improvements or <br />repairs have been completed. No assignment shall be approved if <br />the assignor or the assignee are indebted to the County for ad <br />valorem taxes or other obligations. <br /> <br />SUNSET PROVISION Section 9. <br /> <br />(a) These Guidelines Criteria are effective upon the date of <br />their adoption and will remain in force for two years, at <br />which time all reinvestment zones and tax abatement <br />contracts created pursuant to its provisions will be <br />reviewed by the County to determine whether the goals have <br />been achieved. Based on that review, the Guidelines and <br />Criteria will be modified, renewed or eliminated. <br /> <br />(b) This policy is mutually exclusive of existing Industrial <br />District Contracts and owners of real property in areas <br />deserving of special attention as agreed by the affected <br />jurisdictions. <br /> <br />10-24-87 <br /> <br />- 9 - <br />