HomeMy WebLinkAboutResolution - 2009-R0180 - Amendment To Tax Abatement Agreement - Sysco West Texas - 05/14/2009Resolution No. 2009-80180
May 14, 2009
Item No. 5.13
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock an Amendment to the Tax
Abatement Agreement with Sysco West Texas, formerly known as Watson/Sysco Food
Service, Inc. and all related documents. Said Amendment is attached hereto and
incorporated in this Resolution as if fully set forth herein and shall be included in the
minutes of the Council.
Passed by the City Council this 14th day of May , 2009.
1;em�
TOM MARTIN, AY01t
ATTEST:
cp", -e 9,, --
Rebecca Garza, City Secretary
APPI rOVED AS TO CONTENT:
- I -� 2�"e
Rob AI ' , As ' ity Manager
Development Services
APPROVED AS TO FORM:
Linda L. Chamales,
Economic Development Attorney
LC: cityatt / Linda / Res -Tax Abatement Amendment -Watson Sysco
March 31. 2009
Resolution No. 2049—RO180
STATE OF TEXAS §
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK §
AMENDMENT TO TAX ABATEMENT AGREEMENT
This Agreement is entered into by the CITY OF LUBBOCK (referred to herein
as "City"), a Home Rule Municipality of Lubbock County, Texas, and Sysco West Texas,
formerly known as Watson Sysco Food Service, Inc. (hereinafter called "Company).
WITNESSETH:
WHEREAS, City and Sysco West Texas, formerly known as Watson Sysco Food
Service, Inc. executed a Tax Abatement Agreement on the 14th day of March, 2002,
granting a ten year declining scale tax abatement; and
WHEREAS, City and Sysco West Texas desire to amend the terms of the
Agreement by eliminating the job requirements due to technological innovations and by
adding the requirement to utilize LP&L for electrical services;
NOW THEREFORE, City and Company agree to the following amendments:
A, ,Section 9 entitled "Creation of New Jobs" is hereby deleted.
B. A new Section 9 shall be added entitled "Electricity Provider", which shall
read as follows:
"SECTION 9. Electricity Provider. Company agrees to utilize
Lubbock Power & Light (LP&L) for electrical services for the
Amendment to Watson Sysco Food Service Tax Abatement Agreement
term of the tax abatement. If company chooses to utilize a
different power company, this contract shall be terminated."
Executed this 14th day of
CITY OF LUBBOCK
BY:,w�
TOM MARTIN, MAYOR
ATTEST:
Rebe ca Garza, City Secretary
APPROVED AS TO CONTENT:
Rob All' giant ty Manager
Business Services
APPROVED AS TO FORM:
Linda Chamales,
Economic Development Attorney
I11•
SYSCO WEST TEXAS
B C-)'C4
MIRE A. AVIS
f President/CEO
ATTEST:
By: �--
LC: cityatt/Linda/Amendment to Watson Sysco Tax Abatement Agreement
March 31, 2009
Amendment to Watson Sysco Food Service Tax Abatement Agreement
Page 2