HomeMy WebLinkAboutPACKET APR 04 2006 (2) Personal Property
(Furniture fixtures and
Estimated Appraised Value on Site Land Improvements equipment)
Value on January 1 proceeding abatement
Estimated value of new abatable investment
Estimated value of properties not subject to
abatement(i.e. inventory,supplies)
Estimated value of property subject to
advalorem tax at end of abatement
*Please state the method used to determine the estimated value ofproposed improvements(1.e. appraisal ofplans
and specs, etc.)
(1) Provide the Governmental Entity with(a) a statement agreeing to expend a designated
amount("Project Cost")for the Project and, if the abatement is based on Required Jobs, a separate
statement agreeing that the required minimum number of full-time jobs will be created ("Required
Jobs")and maintained during the term of the Contract;(b)an explanation as to how the Project will
provide a long term significant positive economic benefit to the community,the Governmental Entity
and its taxpayers; (c) information as to what attempt will be made to utilize
Beaumont contractors and workers; and(d)information as to what attempt will be made to utilize
Jefferson County contractors and workers; and (e) information as to what attempt will be made to
utilize Beaumont or Jefferson County minority contractors and workers.
(2) Furnish the Governmental Entity with a written statement that tax abatement will be a
significant factor in determining whether the Project for the development, redevelopment or
improvement of the Real Property will take place.
(3) Agree to execute a Contract with the Government Entity containing the covenants and
conditions required by the Governmental Entity.
Company Representative to be Contacted: Authorized Company Official:
Name:
Authorized Signature
Title:
Name and Title
Address: Telephone: