Administration and Inspection. (a) This Agreement shall be administered on behalf of the District by the Fort Bend County Tax Assessor/Collector or her designee. Owner and Lessee shall allow employees or other representatives of District, who have been designated by the Tax Assessor/Collector for the specific purpose of ensuring compliance with this Agreement, to have access to the reinvestment zone during the term of the Agreement. All inspections shall be made only after twenty-four (24) hours prior notice and will be conducted in such a manner as not to unreasonably interfere with the construction and/or operations on the facility. A representative of Owner and Xxxxxx may accompany the inspector. (b) Upon completion of the contemplated construction, District shall annually evaluate the facility to ensure compliance with the terms and provisions of this Agreement and shall report possible defaults to Owner and Lessee. (c) The Chief Appraiser of the CAD shall annually determine (1) the taxable Value under the terms of this Agreement of the Real Property, Improvements, and other property otherwise located at or about the Real Property subject to this Agreement; and (2) the full taxable Value without Abatement of the Real Property, Improvements, and other property otherwise located thereon. The Chief Appraiser shall record both Abatement taxable Value and full taxable Value in the appraisal records. The full taxable Value figure listed in the appraisal records shall be used to compute the amount of abated taxes that is terminated in a manner that results in recapture. (d) Owner and Lessee shall furnish the Chief Appraiser annually such information requested by the Chief Appraiser and as provided for under Chapter 22 of the TEXAS TAX CODE as may be necessary for the administration of this Agreement. Owner and Lessee shall also provide such information as the District Tax Assessor/Collector in connection with preparation of its annual evaluation for compliance with the terms and provisions of this Agreement, including Xxxxxx’s payroll records.
Appears in 1 contract
Samples: Tax Abatement Agreement
Administration and Inspection. (a) This Agreement shall be administered on behalf of the District by the Fort Bend County Tax Assessor/Collector or her designee. Owner and Lessee and/or Lessees (as applicable) shall allow employees or other representatives of District, County who have been designated by the Tax Assessor/Collector for the specific purpose of ensuring compliance with this Agreement, to have access to the reinvestment zone Real Property and Improvements (during normal business hours) during the term of the Agreement. All regular inspections shall be made only after twenty-four (24) hours prior notice and will be conducted in such a manner as not to unreasonably interfere with the construction and/or operations on operation of the facility. A representative of Owner and Xxxxxx Lessees may accompany the inspector.
(b) Upon completion of the contemplated constructionImprovements, District County shall annually evaluate the facility Improvements to ensure compliance with the terms and provisions of this Agreement and shall report possible defaults to the Owner and Lesseeand/or Lessees.
(c) The Chief Appraiser of the CAD Fort Bend County Appraisal District shall annually determine (1) the taxable Value value under the terms of this Agreement abatement of the Real Property, Improvements, and other property otherwise located at or about the Real Property Improvements subject to this Agreement; Agreement and (2) the full taxable Value value without Abatement abatement of the Real Property, Improvements, Eligible Property and other property Ineligible Property otherwise located thereonat or about the Owner or Lessees premises. The Chief Appraiser shall record both Abatement abatement taxable Value value and full taxable Value value in the appraisal records. The full taxable Value value figure listed in the appraisal records shall be used to compute the amount of abated taxes that is terminated in a manner that results in recapture.
(d) Owner and Lessee and/or Lessees (as applicable) shall furnish the Chief Appraiser annually such information requested by the Chief Appraiser and as provided for under Chapter 22 of the TEXAS TAX CODE as may be necessary for the administration of this Agreementthe abatement. Owner and Lessee Such information shall also provide such information as the District be provided to County Tax Assessor/Collector in connection with preparation of its annual evaluation for compliance with the terms and provisions of this Agreement, including Xxxxxx’s payroll records.
Appears in 1 contract
Samples: Tax Abatement Agreement
Administration and Inspection. (a) This Agreement shall be administered on behalf of the District by the Fort Bend County Tax Assessor/Collector or her designee. Owner and Lessee and/or Lessees (as applicable) shall allow employees or other representatives of District, District who have been designated by the Tax Assessor/Collector for the specific purpose of ensuring compliance with this Agreement, to have access to the reinvestment zone Real Property and Improvements (during normal business hours) during the term of the Agreement. All regular inspections shall be made only after twenty-four (24) hours prior notice and will be conducted in such a manner as not to unreasonably interfere with the construction and/or operations on operation of the facility. A representative of Owner and Xxxxxx Lessees may accompany the inspector.
(b) Upon completion of the contemplated constructionImprovements, District shall annually evaluate the facility Improvements to ensure compliance with the terms and provisions of this Agreement and shall report possible defaults to the Owner and Lesseeand/or Lessees.
(c) The Chief Appraiser of the CAD shall annually determine (1) the taxable Value value under the terms of this Agreement abatement of the Real Property, Improvements, and other property otherwise located at or about the Real Property Improvements subject to this Agreement; Agreement and (2) the full taxable Value value without Abatement abatement of the Real Property, Improvements, Eligible Property and other property Ineligible Property otherwise located thereonat or about the Owner or Lessees premises. The Chief Appraiser shall record both Abatement abatement taxable Value value and full taxable Value value in the appraisal records. The full taxable Value value figure listed in the appraisal records shall be used to compute the amount of abated taxes that is terminated in a manner that results in recapture.
(d) Owner and Lessee and/or Lessees (as applicable) shall furnish the Chief Appraiser annually such information requested by the Chief Appraiser and as provided for under Chapter 22 of the TEXAS TAX CODE as may be necessary for the administration of this Agreementthe abatement. Owner and Lessee Such information shall also provide such information as the be provided to District Tax Assessor/Collector in connection with preparation of its annual evaluation for compliance with the terms and provisions of this Agreement, including Xxxxxx’s payroll records.
Appears in 1 contract
Samples: Tax Abatement Agreement
Administration and Inspection. (a) This Agreement shall be administered on behalf of the District by the Fort Bend County Tax Assessor/Collector or her designee. Owner and Lessee shall allow employees or other representatives of District, County who have been designated by the Tax Assessor/Collector for the specific purpose of ensuring compliance with this Agreement, to have access to the reinvestment zone Real Property and Improvements (during normal business hours) during the term of the Agreement. All regular inspections shall be made only after twenty-four (24) hours prior notice and will be conducted in such a manner as not to unreasonably interfere with the construction and/or operations on operation of the facility. A representative of Owner and Xxxxxx or Lessee may accompany the inspector.
(b) Upon completion of the contemplated constructionImprovements, District County shall annually evaluate the facility Improvements to ensure compliance with the terms and provisions of this Agreement and shall report possible defaults to the Owner and Lessee.
(c) The Chief Appraiser of the CAD Fort Bend County Appraisal District shall annually determine (1) the taxable Value value under the terms of this Agreement abatement of the Real Property, Improvements, and other property otherwise located at or about the Real Property Improvements subject to this Agreement; Agreement and (2) the full taxable Value value without Abatement abatement of the Real Property, Improvements, Eligible Property and other property Ineligible Property otherwise located thereonat or about the Owner’s premises. The Chief Appraiser shall record both Abatement abatement taxable Value value and full taxable Value value in the appraisal records. The full taxable Value value figure listed in the appraisal records shall be used to compute the amount of abated taxes that is terminated in a manner that results in recapture.
(d) Owner and Lessee shall furnish the Chief Appraiser annually such information requested by the Chief Appraiser and as provided for under Chapter 22 of the TEXAS TAX CODE as may be necessary for the administration of this Agreementthe abatement. Owner and Lessee Such information shall also provide such information as the District be provided to County Tax Assessor/Collector in connection with preparation of its annual evaluation for compliance with the terms and provisions of this Agreement, including Xxxxxx’s payroll records.
Appears in 1 contract
Samples: Tax Abatement Agreement
Administration and Inspection. (a) This Agreement shall be administered on behalf of the District by the Fort Bend County Tax Assessor/Collector or her designee. Owner and Lessee shall allow employees or other representatives of District, who have been designated by the Tax Assessor/Collector for the specific purpose of ensuring compliance with this Agreement, to have access to the reinvestment zone during the term of the Agreement. All inspections shall be made only after twenty-four (24) hours prior notice and will be conducted in such a manner as not to unreasonably interfere with the construction and/or operations on the facility. A representative of Owner and Xxxxxx Lessee may accompany the inspector.
(b) Upon completion of the contemplated construction, District shall annually evaluate the facility to ensure compliance with the terms and provisions of this Agreement and shall report possible defaults to Owner and Lessee.
(c) The Chief Appraiser of the CAD shall annually determine (1) the taxable Value under the terms of this Agreement of the Real Property, Improvements, and other property otherwise located at or about the Real Property subject to this Agreement; and (2) the full taxable Value without Abatement of the Real Property, Improvements, and other property otherwise located thereon. The Chief Appraiser shall record both Abatement taxable Value and full taxable Value in the appraisal records. The full taxable Value figure listed in the appraisal records shall be used to compute the amount of abated taxes that is terminated in a manner that results in recapture.
(d) Owner and Lessee shall furnish the Chief Appraiser annually such information requested by the Chief Appraiser and as provided for under Chapter 22 of the TEXAS TAX CODE as may be necessary for the administration of this Agreement. Owner and Lessee shall also provide such information as to the District Tax Assessor/Collector in connection with preparation of its annual evaluation for compliance with the terms and provisions of this Agreement, including XxxxxxLessee’s payroll records.
Appears in 1 contract
Samples: Tax Abatement Agreement
Administration and Inspection. (a) This Agreement shall be administered on behalf of the District by the Fort Bend County Tax Assessor/Collector or her designee. Owner and Lessee shall allow employees or other representatives of District, District who have been designated by the Tax Assessor/Collector for the specific purpose of ensuring compliance with this Agreement, to have access to the reinvestment zone Real Property and Improvements (during normal business hours) during the term of the Agreement. All regular inspections shall be made only after twenty-four (24) hours prior notice and will be conducted in such a manner as not to unreasonably interfere with the construction and/or operations on operation of the facility. A representative of Owner and Xxxxxx or Lessee may accompany the inspector.
(b) Upon completion of the contemplated constructionImprovements, District shall annually evaluate the facility Improvements to ensure compliance with the terms and provisions of this Agreement and shall report possible defaults to the Owner and Lessee.
(c) The Chief Appraiser of the CAD shall annually determine (1) the taxable Value value under the terms of this Agreement abatement of the Real Property, Improvements, and other property otherwise located at or about the Real Property Improvements subject to this Agreement; Agreement and (2) the full taxable Value value without Abatement abatement of the Real Property, Improvements, Eligible Property and other property Ineligible Property otherwise located thereonat or about the Owner’s premises. The Chief Appraiser shall record both Abatement abatement taxable Value value and full taxable Value value in the appraisal records. The full taxable Value value figure listed in the appraisal records shall be used to compute the amount of abated taxes that is terminated in a manner that results in recapture.
(d) Owner and Lessee shall furnish the Chief Appraiser annually such information requested by the Chief Appraiser and as provided for under Chapter 22 of the TEXAS TAX CODE as may be necessary for the administration of this Agreementthe abatement. Owner and Lessee Such information shall also provide such information as the District be provided to County Tax Assessor/Collector in connection with preparation of its annual evaluation for compliance with the terms and provisions of this Agreement, including Xxxxxx’s payroll records.
Appears in 1 contract
Samples: Tax Abatement Agreement