10 - Resolution-Approving Addendum to Tax Abatement Agreement dated February 25, 2017 with Campbell Soup

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m) "Property" mean Real Property or Personal Property defined herein, as is applicable according to the context where used herein, that is eligible for tax abatement. n) "Real Property" means the lend within an Enterprise Zone or a Reinvestment Zone, together with ai i improvements and fixtures constructed or otherwise situated thereon. o) Itegional Distribution Facility" means buildings and structures, including fixed machinery and equipment, used or to be used primarily to receive, store, service, or distribute goods or materials where a majority of the goods or services are distributed to points at least 100 miles from its location in the City. p) "Regional Tourist Entertainment Facility" means buildings and structures, including fixed machinery and equipment, used or to be used in providing amusement/entertainment through the admission of the general public where the majority of users reside at Ieast 100 miles from the City and where the majority of users are likely to stay in the City for more than one day and will therefore likely utilize local restaurants and hoteUmotel accommodations. q) "Reinvestment Zone" is an area where the City or County has decided to influence development patterns and attract major investEnents that will contribute to the development of the area through the use of tax abatement for specified improvements. r) "Research Facility" means buildings and structures, including fixed machinery and equipment, used or to be used primarily for research or experimentation to improve or develop new tangible goods or materials or to improve or develop the production processes thereto. s) "Tax Abatement Committee" means the committee of persons designated from time to time by the Paris Economic Development Corporation to study, review and recommend tax abatement to the applicable taxing entities in the community. The Tax Abatement Committee will be composed of one person from each of the City (the City Manager or designee), the County of Lamar (the County Judge or designee), Paris Junior College (the President or designee), the Chief Appraiser ofthe Lamar County Appraisal District, and the Executive Director of the Paris Economic Development Corporation. m. Designation of a Reinvestment Zone. The City or County may designate an area as a Reinvestment Zone in accordance with the criteria and procedural requirements set forth in the Property Redevelopment & Tax Abatement Act, as amended (Texas Tax Code Sec. 312.401 (b)). For any area within the jurisdiction of the City to be eligible for tax abatement it must meet the criteria for designation as a tax abatement Reinvestment Zone as set forth in the Properly Redevelopment and Tax Abatement Act, Texas Tax Code Chapter 312.