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RESOLUnON m,2qL--QQ6 <br />A RESOLUTION OF THE CITY COUNCIL CSE' THE CJ TY OF PARIS, TEXAS, <br />APPROVING AN ECONOMIC INCENTIVE AGREEMENT' BETWEEN THE <br />PARIS ECONOMIC DMILOFNT CORPORATION AND CAMPBELL SOUP <br />SUPPLY' COMPANY, LLCO- MAKING OTHER FINDINGS AND PROVISIONS <br />RELATED TO THE SUBJECT.- AND DECLARING AN EFFECTIVE DA'TE, <br />WHEREAS, on August 14, 2012, the Paris Econornic Development CGrporation <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 />jufce�') line at the Paris, Texas Plant; and, <br />WHERW, pursuant to City and F policy, the City Council shall review all <br />econornic 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 PEIEC Economic Incentive Agreement with Campbell Soup for the new Single <br />Serve juice ('SS juice'") line at the Paris, Texas, plant, <br />NOW, THEREFORE, HE IT RESOLVED BY THE CUT COUNCIL OF THE CITY OF <br />PARIS, TEXA& <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 Econornic Incentive Agreement dated August 14, 21012 <br />between the Paris Economic Development Corporation and Campbell Soup Supply <br />Company, LLC form, attached hereto as Exhibit'A', Is hereby ratified and approved. <br />PASSED AND ADOPTED this 27th day of <br />APPROVED A S TO FORM, <br />W. Ken ar, City Attorney <br />Y. <br />,161ice EMS, City Clerk <br />APPROVED A S TO FORM, <br />W. Ken ar, City Attorney <br />