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League City Texas Form 1099-OID: What You Should Know
City of Houston Municipal Solid Waste Sponsor Agreement The parties agree as follows: City of Houston Solid Waste Sponsorship Agreement 1. City of Houston Municipal Solid Waste Sponsor Ag Agreement This contract is entered into between the City of Houston, with its municipal franchisee, and the municipal sponsor corporation formed pursuant to Section 8.04(a) of Ordinance No. 120428, a Code of Ordinances that enacted on April 25, 2018. 2. City of Houston Municipal Solid Waste Sponsor and Corporate Parent This corporate sponsor corporation is wholly owned by City of Houston and its governmental subdivisions in accordance with Section 9.07 of Ordinance No. 121248, a Code of Ordinances that enacted on April 23, 2018. 3. Sponsorship of the Joint Solid Waste Sponsorship Agreement and the Form 1099-OID The City of Houston is the sponsor of the Joint Solid Waste Sponsorship Agreement as enacted by ordinance and/or by rule of government. Pursuant to Section 9.07 of Ordinance No. 121248, a Code of Ordinances that enacted on April 23, 2018, the City of Houston is the sponsor of the form 1099-OID and the Form 1099-INT. 4. This agreement, together with all amendments (If any), forms a binding contract between the City of Houston, with its municipal franchisee, and the City of Houston, with its governmental subdivision, with respect to joint solid waste sponsorships that include a pledge for investment and other commitments in connection hereto.
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