2016-034 - Texas Enterprise Zone Program under the Texas Enterprise Zone Act, Chapter 2303, Texas Government Code; Providing Tax Incentives; Nominating Kimberly-Clark Corporation ...

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Exhibit A Paris, Texas Financial Incentives (Cash, Tax Abatements, Exemptions and Related Programs) Tax Increment Financing Financing through the creation of tax increment reinvestment zones. Low- Interest The City may offer low- interest loans to develop or revitalize the zone. Loans Municipal Sales The City may refund the amount of tax paid under the Municipal Sales and Use Tax (Texas and Use Tax Tax Code, Chapter 321) by the business and remitted to the Comptroller of Public Account Refund up to the maximum extent authorized by Sections 2303.505 and 2303.506 of the Act, and for a period determined by the City, but which shall not exceed five (5) years. Bonds Tax-Exempt Industrial Bonds. Fee Waivers The City may waive or refund any and all applicable fees due or paid. Infrastructure The City may provide infrastructure improvements for industries. Improvements Zoning Changes Allows changes in the zoning and variances. or Variances One -Stop The City allows permit applications and supporting materials to be tendered to one Permitting department for distribution to the appropriate ci departments. Enhances Municipal Daily convenience for City residents. Services Increased Fire and Police Safety and protection for City residents. Protection Community Crime Prevention Community crime prevention programs such as D.A.R.E., Crime Watch, Think Child Safety, Pr and Think Senior Safety. rams Capital Improvements in The City can provide resources for a capital improvement plan related to water and sewer Water and Sewer service. Road Repair The City is responsible for maintaining and repairing all public streets and alleys inside city limits. Creation or Improvement of Maintain healthy lifestyle for city residents. Parks are located in city limits and are the Parks responsibility of city government. Low- Interest Loans for Encourage home ownership for City residents. Housing Public Land for Development Strategic sustenance and growth for the City. Purposes Promotion and Marketing Assistance offered by Lamar County Chamber of Commerce and Paris Economic Service Development Corporation. Job Training Offered in conjunction with Paris Junior College. Streamlined The City may allow permit applications and supporting materials to be tendered to one Permitting department for distribution to the appropriate ci departments. (Updated 11- 14 -16)