HomeMy WebLinkAboutContract 44750-SI2 r�
BF-CENED "?TY SECRETARY
FEB 2,5 2019 '"�ACTNo. 't�75o-SIS
CII WORT"VORT
,lTY SEECRE ARY
NO DEFAULT LETTER—TAX ABATEMENT AGREEMENT
(CITY SECRETARY CONTRACT NO. 44750)
The CITY OF FORTH WORTH (the "City"), is a party to that certain TAX
ABATEMENT AGREEMENT with ELAN WEST 7TH, L.P. ("Elan"), a public document on
file in the City Secretary's Office as City Secretary Contract No. 44750 (the "Agreement"),
pursuant to which the City has granted to Elan certain rights to receive certain annual ad valorem
tax abatements, as more particularly set forth in the Agreement (each an "Abatement"), and
hereby certifies to AM INT WEST 7TH OWNER, LLC as follows:
1. The Agreement is in full force and effect and has not been modified,
supplemented or amended.
2. To the City's actual knowledge, there are no uncured defaults by Elan under the
Agreement.
3. The City certifies that all construction requirements under the Agreement have
been satisfactorily performed by Elan.
4. All capitalized terms used but not otherwise defined herein shall have the
meanings set forth in the Agreement.
5. Each individual executing this Estoppel Certificate on behalf of the City is
authorized to do so.
The undersigned acknowledges that this Estoppel Certificate may be delivered to and
relied upon by Lender.
t�—
Executed at on the day of
"City"
CITY OF FORT WORTH
Nand: Susan Alanis
Its: Assistant City Manager
APPROVED AS TO FORM AND LEGALITY:
By: — e'f ,
Name: Peter Vaky 'Z;cV.&4 A
Its„ Deputy City Attorney Ass:5rn.+k—C$1 /f f v4l,�
OFFICIAL RECORD i
4827-1872-1153v.1 CITY SECRETARY
46194-88 12/26/2018 FT. WORTH,TX