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RIS01,1171014 NO,, <br />A RESOLUTION Oil THE CITY COUNCM OF THE CITY OF PARIS, TCXAS, <br />APPROVING AN ECONOMIC INCENTIVE AGREEMENT BETWEEN THE <br />PAWS ECONOMIC DEVE'LOPMENT CORPORATION AND CAMPBELI, SOUP <br />SUPPLY COMPANY, LLC; MAKING OTHER FINDINGS AND PROVISIONS <br />RELATED TOTHE SUBJECT)- ANDD AN F.FFISCTIVE DATE, <br />WHEMS, on August 14, 2012, the Paris Economic Development Corporation <br />entered into an Fcon,Dnlk Incentive Agreement with Campbell Soup Supply Company, 11C <br />related to Campbefl Soup's $25,000,000.00 investment In a new Single Serve juice ('SS <br />juice lireat the Paris, Texas Plant; and, <br />WHORL4A pursuant to City and PEDC policy, the City Council shall review all <br />economic incentive agreements involving an expenditure In excess of $400,000m00; and <br />WHERL4S, the City Council hereby finds that it as in the best interest of the City to <br />approve the PEDC Sconoynic Incentive Agreement with, Campbell Soup for the, new Single <br />Serve nice ("SS jvfce" line at.the Maris, Texas plant <br />NOW, THEREPORE, BE IT RESOLVED BY THE C'ITY COUNCIL OF THE CITY OF <br />PAWS, TEXAS - <br />Section 1. That the findingshet out in the preamble of this resolution are hereby <br />in, all things approved. <br />Semr-lon, 2. That the Economic lDcentive Agreement dated August 14, 2012 <br />between the Paris Economic Development Corporation and Campbell Soup Supply <br />Company, LLC form, attached hiereto as Exhibit "A', Is hereby ratified and approved, <br />PASSED AND ADOPTED this 276 day of) <br />dwyk-ic'le Ellf's, ("Itlerk <br />A 11PROVED AS IT) FOR141 <br />v <br />"Ij yar, City Attorney <br />