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1997T9-AMENDING ORDINANCE 92T17 AND 93T24; APPROVING TAX ABATEMENT FROM MR. REX BORNMANN TO REBO ENTERPRISES ORDINANCE NO. tJ1-T-1 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS, AMENDING ORDINANCE 92-T-17 AND ORDINANCE 93-T-24, AND APPROVING AN ASSIGNMENT OF THE TAX ABATEMENTS FROM MR. REX BORNMANN TO REBO ENTERPRISES, LTD, DOING BUSINESS AS CIBOLO CREEK FIXTURES OF TEXAS, INC., AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Tax Abatement Guidelines and Criteria and the tax abatement agreement with Mr. Bornmann require City Council approval to assign the benefits of a tax abatement upon a change in ownership; and WHEREAS, the City Council finds that Mr. Rex Bornmanns request to assign these benefits to REBO ENTERPRISES, LTD is reasonable and timely; and WHEREAS, the terms of the agreements noted above been meet or exceeded in the past by Mr. Bornmann, and Council has no reason to believe these terms will not be satisfied by REBO ENTERPRISES Ltd. in the future; and have City fully WHEREAS, notwithstanding providing the company continues original agreement, the City of agreements in good faith; and the change in ownership, and to perform to the terms of the Schertz intends to honor such WHEREAS, the terms of the tax abatement agreement will cause no substantial long term adverse effect on the provision of the City's services or tax base, and the planned use of the property will not constitute a hazard to public safety, health or morals; NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: THAT, the request for assignment of tax abatement benefits from Mr. Rex Bornmann to REBO ENTERPRISES INC. is approved. all tax REBO Inc. THAT, the caption of ordinances 92-T-16 and 93-T-24, and other references within the ordinances and the associated abatement agreements be amended to reflect ownership by ENTERPRISES INC. dba Cibolo Creek Fixtures of Texas, THAT, all other provlslons of the cited ordinances and tax abatement agreements remain in effect. THAT, the change in ownership will be effective for tax abatement purposes on 1 January, 1997. THAT, this ordinance will become appended to Ordinance 92-T-l6 and Ordinance 93-T-24 for administrative continuity. Approved on first reading the 4th day of March, 1997. PASSED, APPROVED AND /77d.k.-c.-L ,1997. ADOPTED this the /~day of ;Zk ~eZ/<-- Mayor, City of Schertz, Texas ATTEST: '---f!~~ {lL-LL--ua~ ' City Secretary, City of Schertz (SEAL OF CITY) PUBLISHER'S AFFIDAVIT i . 1 v;Mi&1 I 1ft I 0 fPV 1/'1'; A,'.1 q1-, ,J'Y JP'~rff '13,+ .' 4~~ ~ ~[L~i~I.V,1)/ ldt tI C" THE STATE OF TEXAS, County of Guadalupe Before me, the undersigned authority. on this date personally appeared L. A. REYNOLDS known to me, who, being by me duly sworn. on his oath deposes and says that he is the Publisher of The Seguin Gazette-Enterprise. a newspaper published in said county; that a copy of the within and foregoing and a newspaper copy of which is hereto attached. times before the return day named therein, such ORDINANCE NO.II7-T-9 ORDINANCE N(\' 97-T-9 By th. ,)ily Council of Th. By the City Council of Th. City of Schertz, Texas, City of Schertz, Texas, amending Ordinance 92.T. amending Ordinance 92-T- 17 and Ordinance 93-T-24. 17 and Ordinance 93-T-24, and approving an assign- and approving an assign- m.nt of the Tax Abatem.nts ment of the Tax Abat.ments from Mr. Rex Bommann to from Mr. Rex Bornmann to Reba Ent.rpri.... L TO.. do- Reba Ent.rpri.... L TO" d0- ing business as Cibolo iog business 8S Cibolo Creek Fixtures of Texas,; Creek Fixtures of Texas, Inc., and providing an effec-: Inc., and providing an effec., ti,," dat.. _dat.. Passed, Approved and Passed, Approved and Adopted th. 18th day of Adopted the 18th day of March; 1997. March. 1997. Norma Althouse Nanna Althouse ~--'--- ~""',......., City Secretary City Secretary ") AD was published in said newspaper 2 publications being on the following dates: MARCH 23, 1997 MARCH 27, 1997 Sworn to and subscribed before me, this 31st day of M1IRC'H A.D., 19 Q7 ,-...." ;.......?y P(;~l'!j ^~'-'~~-c.\ RUTH AYERS ~ 0;, ~!~( . ~ Nllta/y Publi:,StaIe of Texas ~, \, ~ / j My CommISSIOn Expires 12-2Hggg '1/'"'''''-''' ..../t"'/ l\.;r~ Of 'f~."'_.: \.....,',...,,:..~.... , Notary Public, Guadalupe County, Texas ~ ~ PUBLISHER'S AFFIDAVIT (;,i "/; p/< I~ (j ~J-,~J./'7 ~ q -? fi..,O q1~ CYW" /J.?,qLj $i1l I THE STATE OF TEXAS, County of Guadalupe Before me, the undersigned authority, on this date personally appeared L . A. REYNOLDS known to me, who, being by me duly sworn, on his oath deposes and says that he is the Publisher of The Seguin Gazette-Enterprise, a newspaper published in said county; that a copy of the within and foregoing and a newspaper copy of which is hereto attached. times before _ed therein. such .,. .. AN ORDINANCE BY THE CITY COUNCIL . OF THE CITY OF AN ORDINANCE SCHERTZ, TEXAS. BY THE CITY COUNCIL ENDING ORDINANCE OF THE CITY OF AM SCHERTZ, TEXAS. Q2-T-17 AND ORDINANCE AMENDING ORDINANCE 93-T-24,ANDAPPROVING 92.T-17 AND ORDINANCE AN ASSIGNMENT OF THE 93.T.24, AND APPROVING TAX ABATEMENTS FROM AN ASSIGNIo4ENT OF THE TAX ABATEMENTS FROM I MR. REX 80RNMANN TO MR. REX BORN MANN TO REBO ENTERPRISES, REBO ENTERPRiSES. ' LTD., DOING BUSINESS LTD.. DOING BUSINESS AS CI80LO CREEK FIX. AS CIBOLO CREEK FIX- TURES OF TEXAS INC TURES OF TEXAS, INC., AND PROVIDING AN EF: AND PROVIDING AN EF- ~ FECTIVE DATE. FECTIVE DATE. -...... Approved on first reading the Approved on first reading the 4th day 01 March. 1997 th cia 'M rch 1997 Norma Althouse 4 y 0 a. . City Secretary , Nonna Althouse. City Secretary "'.D was published in said newspaper 2 publications being on the following dates: MARCH 9, 1997 MARCH 13, 1997 Sworn to and subscribed before me, this 14th day of MARCH A.D., 19 97 ~PU~'\ll "0"'-"""""", t'l /./*"0\ RUTH AYERS ".", .' ~ . : -',' _:_ " ~ Notlry PullIIC,Stlte of TeXiis \\,_' ../ i MyCommisSiOnE)ll:lires12.2i-'g...:;g "'~~" ;;'o~ ~~'l-:::? \,.....~~:.-..~.... . . - ..-....- , . , .. Notary Public, Guadalupe County, Texas ,