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2018-025 Tax Abatement Agreement with SpiralWeld
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2018-025 Tax Abatement Agreement with SpiralWeld
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Last modified
9/25/2018 11:46:32 AM
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9/25/2018 11:45:45 AM
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Commercial or <br />(Updated 01-08-18) <br />POLICY STATEMENT <br />CRITERIA AND GUIDELINES FOR TAX ABATEVE107i <br />y. <br />70 <br />t <br />776177-7 n <br />properties my be considered for abatement of City taxes only. The City of Paris will <br />approve their residential abatement policies, criteria and guidelines separate from these <br />" --' 6, ' -, - - -- - ---- ------- . .. . .......... <br />The purpose of which is or will be the manufacture of tangible goods or materials or the <br />processing of such goods or materials by physical or chemical change. Facilities <br />primarily engaged in assembling component parts of n-onufactured products are also <br />considered manufacturing facilities. <br />— --------- - - --- -- <br />Used &KA1 <br />the goods or services are distributed to points at least 100 miles from its location in the <br />jaxj,qgj di�qt-LI q, of Paris and Lamar Couyaty�_, <br />Used in pFoviding amusemeat/enwminment duough the admission of the general public <br />where the rmjority of users reside at least 100 miles from the Taxing Jurisdictions and where <br />the majority of users are likely to stay in the Taxing Jurisdictions for more than one day and <br />will therefore likely utilize local restaurants wW hotellniotel accommodations. <br />Research Facility <br />- �♦'U" - "T P104"t "ITT. "T WATT,'y444 iii <br />T <br />materials or to wqr i-, v I1ip, ki A- es; thereto. <br />C or <br />Set -vice industry <br />c us"y <br />creation or new jobs ana bring new weatM Ulto the I axing Jurisdictions (e.g. healtheare- <br />related <br />ry 3 s <br />Any industry creating "primary jobe' defined as a job that is available at a oompany for <br />Cremating Industry <br />which a majority of the product-, or services of that company are ultimawly exported to <br />regional, statewide, national, or international markets infusing new dollars into the local <br />.. ......... . ........ . ...... . ........ <br />Base Year Value <br />Th ed value of elieible i as of Janua I recedine the date of e <br />Employer <br />-one <br />k meni, Z <br />Entel ise 4pne <br />. . . . . . . . . I <br />Job or Jobs <br />kT*wifrall s- mdwlp 11i. 00601 <br />employer as a worker or employee of an employment agemy or employment sery ce. "Jobs" <br />also includes "Full-timeggiviyaleat Jobs" defined below. <br />Full-time EquiGGi <br />The intention of the governing bodies is to provide a company the maximum f!"ibrility, m <br />(FTE) Jobs <br />running their business and making business decisions, especially related tostaffing. The <br />following definitioti of FTE will be reflected in all incentive agreements. An FTE is� <br />individual working 40 hours per week in ajob defined above. <br />2. A number of pan -time jot$ where the hours worked in each such job is less than 40 hours <br />per week, made avdable by one employer and added together to total 40 hours per week. <br />For examrAe, f4 obs made available by one emplo,,,�tx where all such <br />
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