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<br />RESOLUTION NO. 93- 051 <br /> <br />WHEREAS, the City Council of the City of Paris has been <br />presented a proposed agreement by and between the City of <br />Par is, Par is, Texas and Campbell Soup Company a New Jer sey <br />Corporation, providing for a commercial and industrial tax <br />abatement for certain improvements to be located in <br />Reinvestment Zone No. Four, a copy of which is attached <br />hereto and incorporated herein by reference hereinafter <br />called "AGREEMENT"; and, <br /> <br />WHEREAS, upon full review and consideration of the <br />AGREEMENT, and all matters attendant and related thereto, the <br />City Council is of the opinion that the terms and conditions <br />thereof should be approved, and that the Mayor should be <br />authorized to execute it on behalf of the City of Paris; NOW <br />THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS TEXAS: <br /> <br />1. The terms and conditions of the proposed AGREEMENT, <br />having been reviewed by the City Council of the City of <br />Paris and found to be acceptable and in the best <br />interes ts of the City of Par is and its citizens, are <br />hereby in all things approved. <br /> <br />2. The Mayor is hereby authorized to execute the AGREEMENT <br />and all other documents in connection therewith on <br />behalf of the City of Paris substantially according to <br />the terms and conditions set forth in the AGREEMENT. <br /> <br />3. That this approval and execution of the AGREEMENT on <br />behalf of the City is not conditional upon approval and <br />execution of any other tax abatement agreement by any other <br />taxing entity. <br /> <br />4. This resolution shall become effective from and after <br />its passage. <br /> <br />Passed and adopted this the 17th day of May, 1993. <br /> <br />-4ft3tit:~or <br /> <br />ATTEST: <br /> <br />~ <br />Mattie Cunningham, <br /> <br /> <br />