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11 a Maj'7 - IN, <br />WHEREAS, on August 14, 2012, the Paris Economic Development Corporation <br />entered into an Economic Incentive Agreement with Campbell Soup Supply Company, LLC <br />related to Campbell Soup's $25,000,000.00 investment in a new Single Serve juice ("SS <br />juiceo) line at the Paris, Texas Plant; and, <br />WHEREAS, pursuant to City and PEDC policy, the City Council shall review all <br />economic incentive agreements involving an expenditure in excess of $400,000.00; and <br />WHEREAS, the City Council hereby finds that it is in the best interest of the City to <br />approve the PEDC Economic Incentive Agreement with Campbell Soup for the new Single <br />Serve juice ("SS j uiceA) fine at the Paris, Texas plant <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings.set out in the preamble of this resolution are hereby <br />in all things approved. <br />Section 2. That the Economic incentive Agreement dated August 14, 2012 <br />between the Paris Economic Development Corporation and Campbell Soup Supply <br />Company, LLC form, attached hereto as Exhibit "Ais hereby ratified and approved. <br />TTEST- <br />MQD- <br />6inice 1311L, City Clerk <br />APPROVED AS TO FORM: <br />W. Ken r,C! �ty A tto Zrn ey' <br />