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<br />RESOLUTION NO. <br /> <br />96-093 <br /> <br />WHEREAS, the City of Paris entered into an Agreement for Designation of an <br />Enterprise Zone with the Texas Department of Commerce beginning June 1, 1989 and <br />ending September 1, 1996; and, <br /> <br />WHEREAS, the City Council of the City of Paris, desires to create the proper <br />economic and social environment to induce the investment of private resources in <br />productive business enterprises located in a severely distressed area of the City and to <br />provide employment to residents of such area; and, <br /> <br />WHEREAS, certain conditions exist in such area which represent a threat to the <br />health, safety, and welfare of the people of such area; and, <br /> <br />WHEREAS, it is necessary and in the best interest of the City of Paris to nominate <br />such area as an enterprise zone pursuant to the Texas Enterprise Zone Act (Local <br />Government Code Chapter 2303); and, <br /> <br />WHEREAS, in order to nominate such area as an enterprize zone a public hearing <br />must be held to receive input concerning the adopting of an ordinance to nominate an area <br />of the City of Paris as a state designated enterprise zone and to designate a reinvestment <br />zone; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OJ<' PARIS, that <br />a public hearing be held on Thursday the 19th day of September, 1996, at 6:00 p.m. in <br />the Council Room, City Hall, Paris, Texas, to receive input concerning the adopting of an <br />ordinance to nominate an area of the City of Paris as a state designated enterprise zone and <br />to designate a reinvestment zone; and, <br /> <br />BE IT FURTHER RESOLVED, that Mattie Cunningham, City Clerk of the City <br />of Paris, be and she is hereby directed to deliver to the Paris News, legal notice of said <br />public hearing to be published Sunday, September 8th, 1996; to post notice of said public <br />hearing at the City Hall Annex; and to provide a copy of said notice to the Texas <br />Department of Commerce, all of which will occur at least seven days prior to the public <br />hearing. <br /> <br />PASSED AND ADOPTED this 5th day of September, 1996. <br /> <br /> <br />ATTEST: <br /> <br />~~,~~~~~~ <br />Mattie Cunningham, City Cler <br /> <br />APPROVED S TO J;'ORM: <br /> <br /> <br /> <br />Attorney <br />