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R-1966-50
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R-1966-50
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Last modified
11/2/2016 3:48:29 PM
Creation date
7/26/2006 9:23:50 AM
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Legislative Records
Legislative Type
Resolution
Legislative No.
R-1966-50
Date
1/3/1966
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<br />e <br /> <br />e <br /> <br />with copy thereof sent in the same manner addressed to <br /> <br />Company at: <br /> <br />. <br /> <br />Celanese Plastics Company, a Division <br />of Celanese Corporation of America <br />P. O. Box 1000 <br />Deer Park, Texas 77536 <br />Attention: ,Plant Manager <br /> <br />and the same shall be accompanied by a true copy of such <br /> <br />resolution. If Company and City then do not agree on an <br /> <br />assessment, City may within three (3) months after the de- <br /> <br />livery of such notice petition the District Court of Harris <br /> <br />County for a declaratory judgment to be tried as other civil <br /> <br />causes in which City must establish by a preponderance of the <br /> <br />. <br /> <br />evidence that the assessment of Company's said property for <br /> <br />that year is in fact more than twenty percent (20%) less than <br /> <br />the assessment by Harris County for that same year of comparable <br /> <br />properties. If final judgment is entered in any such suit de- <br /> <br />claring Company's said assessment to be more than twenty per- <br /> <br />cent (20%) less than said assessment by Harris County of com- <br /> <br />parable properties and determining in dollars the proper <br /> <br />assessment that should have been placed on Company's said <br /> <br />property by Harris County for the year in question, then the <br />. assessment determined by said judgment shall be used for the <br />purpose of calculating the amount to be paid City in lieu of <br />taxes in accordance with the provisions of paragraph (2) <br /> <br />above. If final judgment entered in any such suit does not <br /> <br />find said assessment on Company's property to be more than <br /> <br />twenty percent (20%) less than said assessment by Harris <br /> <br />,... --... . <br /> <br />County of comparable properties within the District, then <br />the assessment originally established for that year shall <br />be used for the purpose of paragraph (2) above. The costs <br /> <br />~ of any such suit, exclusive of attorney's fees, shall be <br /> <br />-5- <br />
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