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CC Resolution No. 983 1757 RESOLUTION NO. 983 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN APPROVING THE SETTLEMENT OF A TAX CLAIM AGAINST THE GUSTAFSON GROUP; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, the City of Baytown filed a tax suit against the Gustafson Group, Inc . and James W. Gustafson for delinquent taxes, Cause Number 82-38798, in the 215th District Court, Harris County, Texas; and WHEREAS, the fact issue of this case concerns the entitlement of the property owner to open-space evaluation for the tax years 1981, 1982, and 1983; and WHEREAS, the parties to this suit have agreed to a settlement of this dispute, whereby the property owners will pay $16, 246. 40 as the taxes due on the subject property for the years 1981, 1982, and 1983; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS : Section 1: That the City of Baytown agrees to accept the sum of SIXTEEN THOUSAND TWO HUNDRED FORTY-SIX AND 40/100 ($16, 246. 40) DOLLARS from the Gustafson Group as full and complete payment of all City of Baytown ad valorum taxes due on City of Baytown tax account numbers 450-007-001-0 and 1242-000-070-0. No additional penalty or interest shall accrue on this amount if it is paid prior to June 1, 1987. Section 2 : This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown . INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 14th day of May, 1987. ETT 0. HUTTO, Mayor ATTEST: EILEEN P. HALL, City Clerk L�ANDALL B. STRONG, Attorney C:1: 20:3