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2019-024 - Approving an Addendum to Tax Abatement Agreement dated November 25, 2008 with Campbell Soup relating to the Company's Single Serve Beverage Line and Authorizing an Agreement with the Company to Terminate same
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2019-024 - Approving an Addendum to Tax Abatement Agreement dated November 25, 2008 with Campbell Soup relating to the Company's Single Serve Beverage Line and Authorizing an Agreement with the Company to Terminate same
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7/23/2019 10:56:46 AM
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Section 2. That the Tax Abatement Agreement dated November 24, 2008 <br />between the City of Paris, Texas and Campbell Soup Supply Company LLC should be <br />amended in accordance with the terms and conditions of the proposed Addendum to the <br />Tax Abatement Agreement attached hereto as Exhibi A, and the same having been <br />reviewed by the City Council and found to be acceptable and in the best interests of the City <br />of Paris and its citizens, be, and the same is hereby, in all things approved. <br />Section 3. That the Tax Abatement Agreement dated November 24, 2008 <br />between the City of Paris, Texas and Campbell Soup Supply Company LLC should be <br />terminated in accordance with the terms and conditions of the proposed Agreement to <br />Terminate Tax Abatement Agreement Dated November 24, 2008 Between the City of Paris, <br />Texas and Campbell Soup Supply Company LLC attached hereto as Exhibit B. and the same <br />having been reviewed by the City Council and found to be acceptable and in the best <br />interests of the City of Paris and its citizens, be, and the same is hereby, in all things <br />approved. <br />Section S. That the Mayor is hereby authorized to execute the Addendum to Tax <br />Abatement Agreement and Agreement to Terminate Tax Abatement Agreement Dated <br />November 24, 2008 Between the City of Paris, Texas and Campbell Soup Supply Company <br />LLC on behalf of the City of Paris substantially according to the terms and conditions set <br />forth in Exhibits 1 and 2. <br />Section 6. That this approval and the execution of the agreements on behalf of <br />the City is not conditioned upon approval and execution of any other tax abatement <br />agreement amendment or termination by any other taxing entity. <br />DULY PASSED AND APPROVED this 22nd day of July, 2019. <br />............................... <br />CITY Paula Portugal, Mayor(P o Tem <br />O A�®®'_ <br />ATTEST: <br />ce Ellis, City Clerk <br />AP OVED AS TO FORM: <br />_.. _..�.............. .... <br />Steph-I iie H. Harris, City Attorney <br />
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