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HomeMy WebLinkAboutResolution - 5147 - Agreement-Plains Cooperative Oil Mill Inc-Industrial Tax Abatement, 50Th & Guava - 03/28/1996RESOLUTION NO. 5147 March 28, 1996 Item #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 Agreement, and all related documents, by and between the City of Lubbock and Plains Cooperative Oil Mill, Inc., for industrial tax abatement, which Agreement is attached hereto and which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this ATTEST: Betty M. John on, City Secretary VED AS TO CONTENT: -.v-...tv.. ........�.. usiness Development APPROVED AS TO FORM: Ietiald G. Vandiver, First Assistant City Attorney DGV:js1AG-PCOM.RES ccdocs/March 6, 1996 STATE OF TEXAS COUNTY OF LUBBOCK § RESOLUTION No.5147 March 28, 1996 Item #13 This Agreement made this 28th day of March , 1996, by and between the City of Lubbock, Texas, a home rule municipality of the State of Texas (hereinafter called "City") and Plains Cooperative Oil Mill, Inc. (hereinafter called „Company"); WITNESSETH: WHEREAS, City did receive from Company on theme_ day of Few, 1996, an application for tax abatement for a two-part project which includes: Part A, the construction of a new facility at 50th and Guava, which is further described as a 189.92 acre tract of land out of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas and being more particularly described as follows: BEGINNING at a 1/2" Iron Rod and Cap set for the Southwest and beginning corner of this tract, whence the Southwest corner of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas bears North 89°58'50" West, 38.08 feet and bears South 00001'20" West, 90.00 feet; THENCE North 00°01'20" East, 2467.19 feet to a 1/2" Iron Rod and Cap, set for the Northwest corner of this tract; THENCE North 89033'58" East, 2177.78 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 3251'08" East, 567.13 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 71°20'52" East, 658.94 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 65°27'54" East, 694.18 feet to a 1/2" Iron Rod and Cap, set in the West R.O.W. line of Loop 289 for a corner of this tract; THENCE South 00°24'00" West, along the West R.O.W. line of said Loop 289, 369.03 feet to a R.O.W. monument found in the West line of Loop 289 for a comer of this tract; THENCE South 00°23'53" West, along the West R.O.W. line of said Loop 289, 509.38 feet to a R.O.W. monument found in the West line of Loop 289 for a corner of this tract; THENCE South 07'51'16" West, 439.49 feet to a 112" Iron Rod and Cap, set for a P.C. of a curve to the right; THENCE Southwesterly, along the arc of said curve, an arc distance of 308.32 feet to a 112" Iron Rod and Cap, set for the P.T. of said curve, said curve has a radius of 215.00 feet and a chord that bears South 48'56'16" West, 282.57 feet; THENCE South 00°16'05" West, 10.05 feet to a 112" Iron Rod and Cap, set for a corner of this tract; THENCE North 89°58' 50" West, 3462.88 feet to the Place of Beginning. and Part B, expansion of the existing manufacturing facility located at 2901 Avenue A, which is further described as Lot IA and Lot 4, Plains Cooperative Oil Mill Addition, City of Lubbock, Lubbock County, Texas; and WHEREAS, upon review of the above application it was determined that the facilities will be located in the South Enterprise Zone designated by the City in Ordinance No. 9591 covering the above described property; and WHEREAS, the Guidelines and Criteria for Tax Abatement within the jurisdictions of the taxing units of Lubbock County was heretofore adopted by Resolution No. 4973 of the City Council of the City of Lubbock; and WHEREAS, the City did comply with all the requirements set forth in V.T.C.A., Tax Code, Section 312.201; and WHEREAS, the City did comply with all of the criteria and guidelines as set forth in the Guidelines and Criteria governing Tax Abatement for all taxing units contained within Lubbock County, said guidelines having been adopted by Resolution No. 4973 of the City on September 28, 1995, and WHEREAS, the City did thereafter pass Ordinance No. 9591 creating an enter- prise zone for commercial and industrial tax abatement, said zone including a 189.92 acre tract of land out of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas and being more particularly described as follows: BEGINNING at a 1/2" Iron Rod and Cap set for the Southwest and beginning corner of this tract, whence the Southwest corner of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas bears North 89°58'50" West, 38.08 feet and bears South 00°01'20" West, 90.00 feet; AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 2 THENCE North 00'01'2(Y' East, 2467.19 feet to a 112" Iron Rod and Cap, set for the Northwest corner of this tract; THENCE North 89033'58" East, 2177.78 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 32°51'0'8" East, 567.13 feet to a 1/2" Iron Rod and Cap, set for a comer of this tract; THENCE South 71'20'52" East, 658.94 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 65°27'54" East, 694.18 feet to a 1/2" Iron Rod and Cap, set in the West R.Q.W. line of Loop 289 for a corner of this tract; THENCE South 00°24'00" West, along the West R.O.W. line of said Loop 289, 369.03 feet to a R.Q.W. monument found in the West line of Loop 289 for a corner of this tract; THENCE South 00°23'53" West, along the West R.O.W. line of said Loop 289, 509.38 feet to a R.O.W. monument found in the West line of Loop 289 for a corner of this tract; THENCE South 07°51' 16" West, 439.49 feet to a 112" Iron Rod and Cap, set for a P.C. of a curve to the right; THENCE Southwesterly, along the arc of said curve, an are distance of 308.32 feet to a 1/2" Iron Rod and Cap, set for the P.T. of said curve, said curve has a radius of 215.00 feet and a chord that bears South 48'56'16" West, 282.57 feet; THENCE South 00°16'05" West, 10.05 feet to a 1/2" Iron Rod and Cap, set for a comer of this tract; THENCE North 89°58'50" West, 3462.88 feet to the Place of Beginning. and Lot lA and Lot 4, Plains Cooperative Oil Mill Addition, City of Lubbock, Lubbock County, Texas; and WHEREAS, V.A.T.C., Tax Code, Sec. 312.2011 provides that designation as an enterprise zone constitutes designation as a reinvestment zone without further action; and WHEREAS, the application received by City from Company is an application for the construction of a new facility and the expansion of the existing manufacturing facility; and AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 3 WHEREAS, V.A.T.C., Tax Code, Sec. 312.002 specifically states that such a purpose is to be included in the guidelines for tax abatement and to be eligible for such treatment; and WHEREAS, Section IV of the Guidelines and Criteria governing Tax Abatement for all taxing units contained within Lubbock County adopted by the City Council by Resolution No. 4973 does recognize construction of a new facility and expansion of existing facilities as being eligible for tax abatement status; and WHEREAS, the City Council does hereby find that all of the Guidelines and Cri- teria governing tax abatement for all taxing units contained within Lubbock County, as adopted by Resolution No. 4973, have been met by Company; and WHEREAS, Company does intend to construct a new manufacturing facility and expand an existing manufacturing facility; and WHEREAS, the location of the facility and surrounding real property, which are to be the subject matter of this Agreement, are attached hereto as Exhibit "A" and made a part of this Agreement for all purposes, and WHEREAS, the City Council finds that entering into this Agreement to abate taxes on the property described in Exhibit "A" will create new jobs within the City and enhance economic development within the enterprise zone; NOW THEREFORE, for and in consideration of the premises and of the mutual terms, covenants and conditions herein contained the City and Company do hereby agree as follows: SECTION 1. T=. This Agreement shall remain in force and effect for a period of ten (10) years from the date of its execution and shall expire and be of no further force and effect after said date. SECTION 2. Base Year. The base year applicable to real property, other than the tract described as Part A, which is owned by the City of Lubbock, and which is the subject of this Agreement, shall be 1996, and the assessed value of the real property shall be the assessed value applicable to such property for said year. SECTION 3. Base Year Taxes. The taxes upon the real property, other than the tract described as Part A, which is owned by the City of Lubbock, shall be paid in accordance with the assessed value of such property for the base year. Base year taxes upon the real property are thus not abated. SECTION 4. Abatement of Increase in Base Year Tax. In accordance with V.A.T.C., Tax Code, Section 312.204 real property taxes applicable to the real property subject to this Agreement other than the tract described as Part A, which is owned by the AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 4 City of Lubbock, shall be abated only to the extent said value for any given year within the term of this Agreement exceeds the base year taxes hereinabove set forth. SECTION 5. To the extent permitted by law and in view of Company's option to purchase the tract described as Part A, hereto owned by the City of Lubbock, only such improvements shall be abated. The base year amount of such improvements shall be deemed to be zero. If the Company should exercise the option to purchase said tract described as Part A prior to end of term of this agreement, the base year on real property shall be 1996. SECTION 6. Property Ineligible for Tax Abatement. The property described and set forth in Section IV(5) of the Guidelines and Criteria Governing Tax Abatement for all taxing units contained within Lubbock County and heretofore adopted by the City Council by Resolution No. 4973 is incorporated by reference herein as if fully set out in this Agreement and fully describes the property ineligible for tax abatement. SECTION 7. Exemption from Tax. The City covenants and agrees to exempt from taxation, in accordance with Section 4 above, the following properties: (a) ,All proposed new improvements to be placed upon a 189.92 acre tract of land out of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas and being more particularly described as follows: BEGINNING at a 1/2" Iron Rod and Cap set for the Southwest and beginning corner of this tract, whence the Southwest corner of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas bears North 89058'50" West, 38.08 feet and bears South 00°01'20" West, 90.00 feet; THENCE North 00'01'29' East, 2467.19 feet to a 1/2" Iron Rod and Cap, set for the Northwest corner of this tract; THENCE North 89°33'58" East, 2177.78 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 32°51'08" East, 567.13 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 71'20'52" East, 658.94 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 65°27'54" East, 694.18 feet to a 1/2" Iron Rod and Cap, set in the West R.O.W. line of Loop 289 for a corner of this tract; AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 5 THENCE South 00°24'00" West, along the West R.O.W. line of said Loop 289, 369.03 feet to a R.O.W. monument found in the West line of Loop 289 for a corner of this tract; THENCE South 00°23'53" West, along the West R.O.W. line of said Loop 289, 509.38 feet to a R.O.W. monument found in the West line of Loop 289 for a corner of this tract; THENCE South 07°51' 16" West, 439.49 feet to a 112" Iron Rod and Cap, set for a P.C. of a curve to the right; THENCE Southwesterly, along the are of said curve, an arc distance of 308.32 feet to a 1f2" Iron Rod and Cap, set for the P.T. of said curve, said curve has a radius of 215.00 feet and a chord that bears South 48'56'16" West, 282.57 feet; THENCE South 00°16'05" West, 10.05 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE North 89°58'50" West, 3462.88 feet to the Place of Beginning. and Lot IA and Lot 4, Plains Cooperative Oil Mill Addition, City of Lubbock, Lubbock County, Texas;, which proposed improvements are set forth in a plat of the above tracts of land, attached hereto as Exhibit "A" and Exhibit "B" and made a part hereof. (b) AU eligible tangible personal property placed in or upon the property set forth in Exhibit "A" and Exhibit "B". (c) It is further understood that a items affixed to the new improvements placed upon the real property identified in Exhibit "A" and Exhibit "B" including machinery and equipment shall be considered part of the real property improvement and taxes thereon shall be abated in accordance with the provisions of subparagraph (a) above set forth.. SECTION 8. Economic Qualification. It is hereby found by the City that Com- pany will expend funds in excess of the funds necessary to qualify for tax abatement by constructing a new manufacturing facility and expanding an existing manufacturing facility and further that the Company will create new jobs in excess of the percentage required for tax abatement, all as set forth in Section IV(9)(a & b) of the Guidelines and Criteria for Tax Abatement adopted by the City through Resolution No. 4973. SECTION 9. Value of Improvements. Company intends to expend approximately three million ($3,000,000) dollars in constructing a new manufacturing facility and thirteen million ($13,000,000) in equipment in Part A of the project, and five hundred thousand ($500,000) dollars in structural related improvements and three million AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 6 five hundred thousand ($3,500,000) in equipment in Part B of the project, to be located within the enterprise zone created by Ordinance No. 9591. SECTION 10. Citation of New Jobs. Company agrees within twelve (24) months from the date of execution of this Agreement that it will create thirty-five (35) full-time equivalent new jobs within the Company plant located at 50th and Guava, which is further described as a 18992 acre tract of land out of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas and being more particularly described as follows: BEGINNING at a 1/2" Iron Rod and Cap set for the Southwest and beginning comer of this tract, whence the Southwest corner of Section 1, Block B, T. T. R. R. Co. Survey, Lubbock County, Texas bears North 89°58'50" West, 38.08 feet and bears South 00°01'20" West, 90.00 feet; THENCE North 00°01'20" East, 2467.19 feet to a 1/2" Iron Rod and Cap, set for the Northwest corner of this tract; THENCE North 89°33'58" East, 2177.78 feet to a 1/2" Iron Rod and Cap, set for a comer of this tract; THENCE South 32°51'08" East, 567.13 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 71°20'52" East, 658.94 feet to a 112" Iron Rod and Cap, set for a corner of this tract; THENCE South 65°27'54" East, 694.18 feet to a 1/2" Iron Rod and Cap, set in the West R.O.W. line of Loop 289 for a corner of this tract; THENCE South 00°24'00" West, along the West R.O.W. line of said Loop 289, 369.03 feet to a R.O.W. monument found in the West line of Loop 289 for a corner of this tract; THENCE South 00°23'53" West, along the West R.O.W. line of said Loop 289, 509.38 feet to a R.O.W. monument found in the West line of Loop 289 for a corner of this tract; THENCE South 07°51' 16" West, 439.49 feet to a 1/2" Iron Rod and Cap, set for a P.C. of a curve to the right; THENCE Southwesterly, along the are of said curve, an arc distance of 308.32 feet to a 1/2" iron Rod and Cap, set for the P.T. of said curve, said curve has a radius of 215.00 feet and a chord that bears South 48'56'16" West, 282.57 feet; THENCE South 00°16'05" West, 10.05 feet to a 1/2" Iron Rod and Cap, set for a comer of this tract; AGREEMENT --PLAINS COOPERA'T'IVE OIL MILL, INC. PAGE 7 THENCE North 89°58'50" West, 3462.88 feet to the Place of Beginning. and 2901 Avenue A, which is further described as Lot lA and Lot 4, Plains Cooperative Oil Mill Addition, City of Lubbock, Lubbock County, Texas; and use its best efforts to maintain a minimum of two hundred and eleven (211) jobs during the term of this Agreement. SECTION 11. City Access to Property. Company covenants and agrees that City shall have access to the property, which is the subject matter of this Agreement, upon reasonable notice and during normal business hours, and that municipal employees shall be able to inspect the property to insure that the improvements are being made in accordance with the terms and conditions of Company's application for tax abatement and this Agreement. SECTION 12. Portion of Tax Abated. City agrees, during the term of this Agreement, to abate 100 percent of taxes on eligible property. SECTION 13. Commencement Date. This Agreement shall commence upon the date of its execution, which date is hereinafter set forth, and shall expire ten (10) years after such date. SECTION 14. Tyne of Improvements. The Company proposes construct a new manufacturing facility and expand an existing manufacturing facility as described in Exhibit "A" and Exhibit "B". The Company further states that the proposed improvements to the property above mentioned shall commence on the 15th day of February, 1996, and shall be completed within approximately twelve (12) months from said date. The Company may request an extension of the above date from City in the event circumstances beyond the control of Company necessitates additional time for completion of such improvements and such consent shall not unreasonably be withheld. SECTION 15. Drawing, of f Improvements. Company shall furnish City with one set of as built plans and drawings of the improvements to be made pursuant to the terms of this Agreement. SECTION 16. Limitation on Use. Company agrees to limit the use of the prop- erty set forth in Exhibit "A" and "B" to commercial and/or industrial uses as those terms are defined in the zoning ordinances of the City of Lubbock and to limit the uses of the property to uses consistent with the general purpose of encouraging development of the enterprise zone during the term of this agreement. SECTION 17. Recapture. The Company agrees to be bound by and comply with all the terms and provisions for recapture of abated taxes in the event of default by Com- pany as set forth in Guidelines and Criteria for Tax Abatement adopted by Resolution No. 4973 of the City Council of the City of Lubbock. AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 8 SECTION 18. Certification. The Company agrees to certify annually to the governing body of each taxing unit that the owner is in compliance with the terms of the Agreement. SECTION 19. Compliance. The City may cancel or modify this Agreement if the Company fails to comply with the Agreement. SECTION 20. Notices. Notices required to be given by this Agreement shall be mailed, certified mail return receipt requested, to the following addresses: CITY OF LUBBOCK Plains Cooperative Oil Mill, Inc. City Manager Wayne Martin P.O. Box 2000 P. O. Box 841 Lubbock, Texas 79457 Lubbock, Texas 79408-0841 AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 9 SECTION 21. Effective Date. Notwithstanding anything contained herein to the contrary, this Agreement shall not be effective until such time as it has been finally passed and approved. EXECUTED this 28th day of PLAINS COOPERATIVE OIL MILL,, INC. a-jp� njad�': GENERAL &ANAGER March A 1996. DAVID R. LANG MAYOR A ST: ATTEST: Secretary Betty lotinson, City Secretary /kPPROVED S TO CONTENT: .f i _,,--'Joel Beesitiger Interim Director of Business Development APPROVED A TO FORM: J� i Vari aver Assistant City Attorney JB/CB/mc: PlainsTA.doc February 27, 1496 AGREEMENT --PLAINS COOPERATIVE OIL MILL, INC. PAGE 10 EXHIBIT "A" Page 1 of 4 SECTION 111)1- PART A (a) The new facility will consist of a 500 ton per day oil mill and seed storage for 200,000 tons. (b) l . Office Building 2. Scales 3. Maintenance Building 4. Hull Load and Storage 5. 2 - Seed Dumps and Elevators 6. Seed Storage and Handling Equipment 7. Cleaning Building and Equipment 8. Lint & Huller Building and Equipment 9. Preparation Building and Equipment 10. Solvent Plant and Equipment 11. Boiler Building and Boiler 12. Sifting and Grinding and Equipment 13, Meal Load Out Building and Equipment 14. Oil Load Out Building and Equipment 15. Oil Tank Storage Area 16. Cooling Tower 17. Filter 18. 2 - Bale Presses 19. Miscellaneous Office Equipment and Supplies (c) NIA (d) See Attached Site Map (e) N/A (f) The Proposed Schedule for completing the project is early 1997. (g) This is construction of a new facility as described in item (a). (h) The proposed 500 ton per day oil mill should cost approximately $16 million. (i) NIA (j) The new facility should create �d new jobs. EXHIBIT "A" Page 2 of 4 WILSON SURVEYING CO., INC. 3330 - 70TH STREET, SUITE 201 LUBBOCK, TEXAS 79413 (806) 792-4731 JANUARY 26, 1996 FIELD NOTES on a 189 92 acre tract of land out of Suction I, Block B, T T. R. R. Co. Survey, Lubbock County, Texas and being more particularly described as follows BEGINNING at a 1/2" Iron Rod and Cap set for the Southwest and beginning corner of this tract, whence the Southwest corner of Section I, Block B, T. T. R R. Co. Survey, Lubbock County, Texas bears North 89°58'50" West, 38.08 feet and bears South 00°01'20" West, 90.00 feet, THENCE North 00001'20" East, 2467.19 feet to a 1/2" Iron Rod and Cap, set for the Northwest corner of this tract, THENCE North 89033'58" East, 2177.78 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract, THENCE South 32°51'08" East, 567.13 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract; THENCE South 71020152" East, 658.94 feet to a 1/2" Iron Rod and Cap, set for a corner of this tract, THENCE South 6502754" East, 694.18 fent to a 1/2" Iron Rod and Cap, set in the West R_0 W. line of Loop 289 for a corner of this tract, THENCE South 00°24'00" West, along the West R.O.W. line of said loop 289, 369.03 feet to a R Q.W. monument found in the West line of Loop 289 for a corner of this tract THENCE South 00023'53' West, along the West R.O.W- line of said Loop 289, 509.38 feet to a R_ 0. W. monument found in the West line of Loop 289 for a corner of this tract TIfENCE South 070 51'16' WM 439.49 feet to a 1/2* Iron Rod and Cap, set for a P.C. of a curve to the right, PAGE - I - EXHIBIT "A" Page 3 of 4 THENCE Southwesterly, along the arc of said cove, an arc distance of 308 32 feet to a 112" Iron Rod and Cap, set for the P.T. of said curve, said curve has a radius of 215.00 feet and a chord that bears South 48 ° 56' 16" West, 282.57 feet; TH ENCE South 00° 16'05" West, 10 05 feet to a 1l2" Iron Rod and Cap, set for a comer of this tract, THENCE North 89°58'50" West, 3462.88 feet to the Place of Beginning. CONTAINING 189.92 acres CERTIFIED CORRECT REGI PROFIF-SSIONAL LAND SURVEYOR PAGE-2- W i Q Q I I I I I I 1 '1 ZRCVAILING WINDS -------------------- rARM ROAD 835 - -CALLED NORTH 1 I v EXHIBIT "B" Page 1 of 9 SECTION M - PART B (a) Plains Cooperative Oil Mill, Inc., will add to its existing facility at 2901 Avenue A - a winterization process and bottling operation. (b) I . Winterization Process Equipment 2. Oil Tanks 3. Building/Winterization 4. Bottling Line Equipment 5. Bottling Line (c) See Site Map Attachment A - Improvement to existing property (d) See Site Map Attachment B - Include all the tangible and real property located at existing facility. (e) Cottonseed Cottonseed Meal Cottonseed Hulls Cottonseed Oil Cottonseed Linters Supply Parts Pickups Dump Trucks Loaders Forklifts Processing Equipment Miscellaneous Office Equipment and Supplies (f) The expansion should be completed in 12 months. (g) The proposed improvements is an expansion of the facility. (h) The proposed new winterization process, tank farm, bottling and bottling warehouse, Cost is approximately $4 mullion (i) Plains Cooperative Oil Mill, Inc., 2901 Avenue A facility is valued at $29,853,749 and a copy of the 1995 tax statement is attached. (j) The new facility should not create any new jobs. HETAIN THi S �'OKT (l!N 1 UH rUUK KCSin_�3 1995 TAX STATEMENT VALUATION BREAKDOWN STgTENENT(w9. . , �r.��Z��j��.'L'�iirl� r '�� 1 �c�•rent►.��r�_,:�:T:t�.���� ::1 1 +• 1 +•C +. 1 i iaim ► '•� 1 '• / ' �• rem me, WIN 1 TAXES REDUCED BY ADDITIONAL SALES TAX (COUNTY: $0.76, CITY: $0.22) PROPERTY :R55156 WHEELOCK 2NlO BLK 63 TR A-1 161650 PLAINS CO-OP OIL MILL INC PO BOX 1889 LUBBOCK, TX 79408 TAX cErLING ON OVER 55 xOKE©NESTED IF YOU HAVE QUESTIONS PLEASE CALL (806) 762-5000. TAXES BECOME DELINQUENT ON FEBRUARY 1. AFTER JUNE AN ADDITIONAL PENALTY OF 15% MAY BE IMPOSED ON THE AMOUNT OF TAXES, PENALTY AND INTEREST DUE. AFTER JULY AN ADDITIONAL 1% PENALTY AND INTEREST WILL BE APPLI 7`1 n,dor 1104 � �'�r� D Rcpt. Fic,LFs Due Da, :e Y 1995 TAX STATEMENT VALUATION BREAKDOWN ST tj tNT Na. 1♦�l!G�:I.� .e y ,ply '•1� :,� .1 •!� -- 1 1 • 1 1 1 , . ... 1TAXAOLE 111 (Matti., 1VALUE! CCI � 1 • 'as � • '.• '• 1 . .1 i CCi 'C '.• 1 ' •asNE-me •.1 CCI 1 .i ' + •C ••• ■ 1 • •.• 1 1 + _ • • CCI 1Igo•C :•. 1 • '.• 1 •:' TAXESREDUCED ADDITIONAL S+ + I ' PROPERTY :R511226 WHEELOCK 2ND PT OF BLKS 84-85& 95 & CLOSED ST 162461 PLAINS CO-OP OIL MILLS INC PO BOX 1889 LUBBOCK, TX 79408 '_ 1 OR 1 1 WIM ►■'l�A'��I!� i 11030M@- ON in "mONE1 ' .,► �l 4 /1 E!1 • ANE'll-W-V IZZM�EWTM ' • s F.C. fC. TAX CEILING ON OVER 66 NOMESTEAO IF YOU HAVE aUEST10NS PLEASE CALL (806) 762-5000. TAXES BECOME DELINQUENT ON FEBRUARY 1. AFTER JUNE AN ADDITIONAL PENALTY OF 15% MAY BE IMPOSED ON THE AMOUNT OF TAXES, PENALTY AND INTEREST DUE. AFTER JULY AN ADDITIONAL 1% PENALTY AND INTEREST WILL BE APPLIED I Dem g gt. ?ro. nk Pur. Dopt. Hu-�d Due J)uie 1995 TAX STATEMENT VALUATION BREAKDOWN STATEFJE MQ. f �- TOTAL JURISDICTION ASSESSED EXEMPTIONS I TVALUEE I RATE I AMOUNT ** TAXES REDUCED BY ADDITIONAL SALES TAX (COUNTY: $35800.02, CITY: $10261.59) PROPERTY :P56922 FFM & E /INVENTORY W/VEHICLE 161650 PLAINS CO-OP OIL MILL INC PO BOX 1889 LUBBOCK, TX 79408 DISCOMT V Hu rax CEILING ON OVER 66 NOMIESTEAO IF YOU HAVE QUESTIONS PLEASE CALL (806) 762000. TAXES BECOME DELINQUENT ON FEBRUARY 1. AFTER JUNE AN ADDITIONAL PENALTY OF 15% MAY BE IMPOSED ON THE AMOUNT OF TAXES, PENALTY AND INTEREST DUE. AFTER JULY AN ADDITIONAL 1% PENALTY AND INTEREST WILL BE APPLI 01 Vendor N rT,_ C Joao Da -a _ 1995 TAX STATEMENT VALUATION BREAKDOWN STATEMENT NO. LAND -HS- AG-WTIHPV-RS APPRAISED 0 1,349,9551 ol 0 01 4,456,6001 5,806,555 Fit, Mie a.-i-1plil-i-igilcm CITY OF LUBBDU . :1. •.. I :ir • 1 • L° 1 1 .v Mm ::1 a 1.� • :1• ••. i • :1. •.row.;' - LITAXES REDUCED BY ADDITIONAL SALES TAX (COUNTY: $8994.35, CITY: $2578-11) PROPERTY :8114953 PLAINS CO-OPERATIVE OIL MILL L IA & 3 LESS 223.6X290.17'& 4 55408 PLAINS CO OP OIL MILL INC PO BOX 841 LUBBOCK, TX 79408-0841 ® 1 OR •+ ►�1� =*1 111. °. W - f 1i S . °, 02ml li.0 0 Froi NO W. .+.I .•Wit.-VIM I TAX CEILING ON OVER 66 HOMESTEAD IF YOU HAVE QUESTIONS PLEASE CALL (806) 762-5000. TAXES BECOME DELINQUENT ON FEBRUARY 1. AFTER JUNE AN ADDITIONAL PENALTY OF 15% MAY BE IMPOSED ON THE AMOUNT OF TAXES, PENALTY AND INTEREST DUE. AFTER JULY AN ADDITIONAL 1% PENALTY AND INTEREST WILL BE APPL I v7endUr 1`T nCl Hl ry r"IJ 0-1M, — rvr% rutin 'IL ,, n,__, i 1995 TAX STATEMENT VALUATION BREAKDOWN STATEMENT 140. 01 372,8551 01 01 01 411,2291 784,0841 rTOTALASSESSy' :+ i:''. 1 ':. : ::1 1 :+/:' 1:+ fff:+ I 1. M, TAXESREDUCED : ADDITIONAL S+ ' 1 ' J If TAXES LESS i-1 DISCOUNT TOTAL ARE OR PLUS (+) TAX DUE PAID IN PENALMINTEREST PROPERTY :^n119161 PLAINS -OCT-- CO-OPERATIVE OIL MILL E/PT OF L 2 & CORONADO SLK 35 L 1 LESS 35X25 ON NORTH SIDE � y 0 MAR 91 1.645-35 rn c c tb 161650 PLAINS CO-OP OIL MILL INC PO BOX 1889 MAY 13% 2-376.62 ZQ.658.3 LUBBOCK, TX 79408 1 JUN 15% 2,742.26 1 �2 tI- 0-2 3 H.- 9 TAX CEILING ON OVER 65 HOMESTEAD Vendor N IF YOU HAVE QUESTIONS PLEASE CALL (806) 762-5 TAXES BECOME DELINQUENT ON FEBRUARY 1. J �� AFTER JUNE AN ADDITIONAL PENALTY OF 15% MAY BE IMPOSED r �� ON THE AMOUNT OF TAXES, PENALTY AND INTEREST DUE. +— AFTER JULY AN ADDITIONAL 1% PENALTY AND INTEREST WILL BE APPLIED )Dol)t Dw Dale 1995 TAX STATEMENT VALUATION BREAKDOWN STEMENT N0. . 0 32,4411 ol ol 01 24,510 56,951 TOTAL EXEMPTIONS TAXABLE TAX TAX JURISDICTION ASSESSED I I VALUE RATE AMOUNT t+ TAXES REDUCED BY ADDITIONAL SALES TAX (COUNTY: $88.22, CITY: $25.29) PROPERTY :891579 PLAINS CO-OPERATIVE OIL MILL 223.6'X290.17'OF L 3 161650 PLAINS CO-OP OIL MILL INC PO BOX 1889 LUBBOCK, TX 79408 'TA C ILING ON OVER 65 HOMESTEAD IF YOU HAVE QUESTIONS PLEASE CALL (806) 762-5000. TAXES BECOME DELINQUENT ON FEBRUARY 1. AFTER JUNE AN ADDITIONAL PENALTY OF 15% MAY BE IMPOSED ON THE AMOUNT OF TAXES, PENALTY AND INTEREST DUE. AFTER JULY AN ADDITIONAL 1% PENALTY AND INTEREST WILL BE APPLIED Vendor i nnm mm" "Awl r� la f1 eai = u P.BSr TANK T ARw CML'Dfi Tffvt - u n�rm�nr-` INDUSTRIAL �] BEARING SUPPLY .-. -.. 34TH STREET azc Y 7 %'%%�Y" FUf11E TAM we _=00001 "Z iATFifiMrrs7c"0)00 cJ LAT — TAN( TAM - EXIST W FUf11E TAM we _=00001 "Z iATFifiMrrs7c"0)00 cJ LAT — TAN( TAM - EXIST W U - i i fl r "a