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2005-034-ORD PROVIDING CODE OF ORDINANCES BE REVISED BY AMENDING CHAPTER 30 OF SAID CODE
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2005-034-ORD PROVIDING CODE OF ORDINANCES BE REVISED BY AMENDING CHAPTER 30 OF SAID CODE
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Last modified
8/18/2006 4:36:14 PM
Creation date
8/11/2005 8:31:39 AM
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CITY CLERK
Doc Name
2005
Doc Type
Ordinance
CITY CLERK - Date
8/1/2005
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<br />future investment (Dollars or jobs) or unusual circumstances whereby without such <br />a move employment is likely to be reduced; and, <br /> <br />e) Promote among equally qualified job applicants the hiring of employees first from <br />within the enterprise zone, second from within the corporate limits of the City of <br />Paris, and third from within the County of Lamar, State of Texas, subject to the laws <br />and regulations of the United States of America and the State of Texas and subject <br />to any labor contracts currently in effect and any successive contracts or past <br />practices; and, <br /> <br />t) Not include property that is owned or leased by a member ofthe City Council of the <br />City of Paris nor by a member of the Planning and Zoning Commission; and, <br /> <br />g) Conform to all the requirements of the City's zoning ordinance; and, <br /> <br />h) Be consistent with the comprehensive plan of the City of Paris. <br /> <br />Section 6. That written agreements with the property owner( s) located within the zone shall <br />include, but not be limited to, the following terms: <br /> <br />a) the Base Year Value; <br /> <br />b) percent of increased value to be abated each year; <br /> <br />c) the commencement date and the termination date of Abatement; <br /> <br />d) amount of investment and average number of jobs involved during the term of the <br />Agreement; <br /> <br />e) the proposed use of the facility, nature of construction, time schedule, plat, property <br />description, and improvement list, as provided in the Application; <br /> <br />t) a listing of the kind, number, location, and costs of all proposed improvements of the <br />property; <br /> <br />g) a statement limiting the uses of the property consistent with the general purpose of <br />encouraging development or redevelopment of the zone during the period that <br />property tax exemptions are in effect; <br /> <br />h) that access to the project be provided to allow for the inspection by City inspectors <br />and officials in order to ensure that the improvements or repairs are made according <br />to the specifications and conditions ofthe agreement; <br /> <br />i) that property tax revenue lost as a result of the tax abatement agreement will be <br />recaptured by the City if the owner of the property fails to make the improvements <br />
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