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<br />ORDINANCE NO. 2005-034
<br />
<br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS,
<br />PARIS, TEXAS, PROVIDING THAT THE CODE OF ORDINANCES, CITY
<br />OF PARIS, BE REVISED BY AMENDING CHAPTER 30 OF SAID CODE;
<br />PROVIDING FOR THE ESTABLISHMENT OF REINVESTMENT ZONE
<br />NO.n; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO
<br />THE SUBJECT; REPEALING ALL ORDINANCES OR PARTS OF
<br />ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING FOR AN
<br />EFFECTIVE DATE OF AUGUST 1,2005.
<br />
<br />WHEREAS, the City Council of the City of Paris, Paris, Texas, desires to promote the
<br />development or redevelopment of a certain contiguous geographic area within its jurisdiction by the
<br />creation of a reinvestment zone for commercial and industrial tax abatement, as authorized by the
<br />Property Redevelopment and Tax Abatement Act, as amended; and,
<br />
<br />WHEREAS, on the 19th day of September, 1996, and the 7th day of August, 1997, hearings
<br />before the City Council were held, and the City, at such public hearings, invited any interested
<br />person to appear and speak for or against the designation of an area of the City of Paris as an
<br />enterprise zone; and,
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 14th day of October,
<br />1996, in Ordinance No. 96-060, which was amended on the II th day of August, 1997, by Ordinance
<br />No. 97-039, nominate an area of the City of Paris as a state-designated enterprise zone; and,
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 4th day of
<br />December, 1997, in Resolution No. 97-146, authorize the execution of the Agreement for
<br />Designation of an Enterprise Zone which designated an area of the City as an enterprise zone known
<br />as the City of Paris Enterprise Zone; and,
<br />
<br />WHEREAS, the City council on November 4, 2004, adopted Ordinance No. 2004-053
<br />ordaining and reestablishing the City's participation in the Texas Enterprise Program pursuant to the
<br />Enterprise Zone Act, Chapter 2303, Texas Government Code; and,
<br />
<br />WHEREAS, V.T.C.A., Tax Code, Section 312.2011, states that designation of an area as
<br />an enterprise zone constitutes designation of the area as a reinvestment zone without the necessity
<br />of further hearing or other procedural requirements; NOW THEREFORE,
<br />
<br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS,
<br />TEXAS:
<br />
<br />Section 1. That the facts and recitations contained in the preamble of this Ordinance are
<br />hereby found and declared to be true and correct.
<br />
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