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WHEREAS, on August 14, 2012, the, Paris Econoimic Development Corporation <br />related to Campbell Soup's $25,,000i ' 000.00 investment in a new Single Serve juice ("SS <br />juice') [!neat the Paris, Texas Plant, and, <br />WHEREAS, pursuant to, City and PE'DC policy, the City Council shall revi,ew 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 mnith Campbell Soup for the new Single <br />Serve Juice ("SS juice',) line at the Parls, Texas plant <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE MY OF <br />PARIS, TEUS: <br />Siecdon 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 14i, 2012 <br />bietween the Paris Economic Development Corporation and Campbell Soup Supply <br />Company, LLC form, attached hereto as Exhibit "A�, is hereby ratified and approved. <br />MMEMMM <br />s, C" Clerk <br />APPROVED AS TO FORKC <br />