HomeMy WebLinkAboutResolution - 4551 - Notice Of Tax Abatement Agreement - Catus Theater Inc - Original Town Addition - 07_14_1994Resolution No. 4551
July 14, 1994
Item #37
RESOLUTION
WHEREAS, the City Council has determined to give notice of its intent to enter into a
Tax Abatement Agreement with Cactus Theater, Inc.; and
WHEREAS, V.T.C.A., Tax Code, Section 312.2041 requires notice of the intent of
City Council to be given to the presiding officer of the governing body of each taxing unit in
which the property to be subject to the Tax Abatement Agreement is located; NOW
THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Secretary give notice as set forth in Exhibit "A" of the intention of City
Council to enter into a Tax Abatement Agreement with Cactus Theater, Inc., said notice to be
given to the presiding officers of each governing body of each taxing unit having jurisdiction
in assessing taxes on property located within Lots Seventeen (17), Eighteen (18), and the
South part of Lot Nmeteen (19), Block Two Hundred Thirty (230), Original Town of
Lubbock, Lubbock County, Texas.—'�
Passed by the City Council this
ATTEST:
�k C��L
Betty NV Johnson, ity Secretary
of Business Development
APPROVED AS TO FORM:
Dbdald G. Vandiver,
City Attorney
DGV:da/ccdocs/A-CACT JS.res
June 21, 194
NOTICE OF INTENT OF THE CITY COUNCIL
OF THE CITY OF LUBBOCK TO ENTER INTO
AN AGREEMENT TO ABATE TAXES ON REAL PROPERTY
IMPROVEMENT AND TANGIBLE PERSONAL PROPERTY LOCATED IN
LOTS 17, 18, AND THE SOUTH PART OF LOT 19, BLOCK 230,
ORIGINAL TOWN OF LUBBOCK, LUBBOCK COUNTY, TEXAS
Notice is hereby given that the City Council of the City of Lubbock intends to
enter into an agreement with Cactus Theater, Inc. to abate taxes on improvements to
property and tangible property located within an enterprise zone created by Ordinance No.
9591 and covering all of the subject property.
Notice is further given that the City Council of the City of Lubbock will consider
authorizing the Mayor of the City to execute a contract between the City and Cactus
Theater, Inc. for tax abatement, a copy of said Agreement is attached to this Notice as
Exhibit "A" and made a part hereof for all purposes.
Notice is further given that the City Council will consider this matter at its meeting
held in the City Council Chambers, City Hall, 1625 13th Street, City of Lubbock, on the
14th day of July , 199 4, at 10:00 o'clock a .m.
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