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Regular Council Meeting March 25, 2019 Page 6 20. Discuss and act on RESOLUTION NO. 2019-012: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS DECLARING ITS INTENT TO RELEASE A JUDGMENT AGAINST BOOMER TRENDS MAGAZINE, INC. RELATING TO CIVIL PENALTIES ASSESSED AGAINST THE PROPERTY LOCATED AT 260 SOUTH MAIN STREET, PARIS, TEXAS; FINDING A PUBLIC PURPOSE IN SUPPORT OF SAME; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. Mayor Clifford said this was necessary to allow for any sale of the Belford Apartments. He said there were over $2 million dollars in fines and penalties since August of 2012. Mayor Clifford proposed changes to the resolution, which included that the building be made safe or demolished within 18 months of purchase. He said they did not want to see this building sold and the new owner do nothing with it, and it sit there for a period of time. He said they needed a time requirement, and that should be made a condition of forgiveness of the penalties and fines. Mayor Clifford also said tax credits were available on this type of building, and he would like a preference of restoration given. He also said he would like to propose to any buyer who restores the building, that not only do they forgive the fines and penalties, but commit to returning to them the minimum bid of $50,000 as an economic incentive, under a 380 agreement. He said this would only be done upon stabilization and completely restoring the historic building. Council Member Pilgrim inquired about the fail safe on the deed once the property is transferred to the new owner. Ms. Harris said there were no restrictions in the sheriff's deed of sale. She also said if the city enters into a 380 agreement with the buyer, it will be clear what the requirements are. Council Member Knox wanted to know what assurance they had that whoever buys the building doesn't just leave it sitting there. Mayor Clifford said they would not have any guarantees. City Attorney Stephanie Harris said they still had a valid demolition order. Council Member Knox said she wanted to see in the resolution that the buyer had six months to get the ground work done, because there was so much vegetation around the building. Mayor Clifford made a motion to approve the resolution pending the provisions discussed, which included the structure either be stabilized or demolished within 18 months, that the building should be completely fixed, in order to get the penalties and fines released; if the building is restored the owner will be given $50,000 in an economic incentive under a 380 agreement, and the vegetation must be cleaned up within six months of purchase. Council Member Portugal seconded the motion. Motion carried, 7 ayes — 0 nays. 21. Consider and approve future events for City Council and/or City Staff pursuant to Resolution No. 2004-081. Mayor Clifford referenced the Council work session scheduled for March 30 and said he had a conflict, as did Council Member Hughes. Mayor Clifford suggested they try for April 6.