Laserfiche WebLink
(Readopted 01-13-2020) <br />POLICY STATEMENT <br />CRITERIA AND GUIDELINES FOR TAX ABATEMENT <br />Agreement or <br />legalagreement for ', abatement between ;lee s property wal, " andlor� leme d <br />LTA!'I <br />t Paris,III ,r; and Paris Nrrio,qql� <br />Authorized <br />m ay be eligibleabatement .nt" ed research, <br />Commercialr <br />regional distribution, regional entertainment, other basic industry, <br />include buildings and structures, inclu`, (g fixed machinery and equipment used in operating <br />facility.the <br />the majority of users are likely to stay in the Taxing Jurisdictions for more than one day and <br />will therefore 4Xel utilize local restaurants and hotel/motel accommodations. <br />materials or to, 4!Mroye.or .4pelog the production,pro�esses thereto. <br />Not elsewhere described, used for the production of 3wroducts or ser -vices which result in the <br />creation of new jobs and bring new wealth into the Taxing Jurisdictions (e.g. healfficare- <br />ed industrie <br />Primary Jobs <br />Any industry creating "pritnary jobs" defined as a job that is available at a company for <br />Creating Industry <br />which a majority of the products or services of that company are ultimately exported to <br />regional, statewide, national, or X14.., markets infusing new doll= into the ,I' -c: <br />", ,;,A <br />An area where the Taxing Jurisdictions have decided to influence development patterm and <br />I",,h the, <br />attract major investments "IIe hat will contributedevelopment of the area through <br />of tax abatement for specified improvements. These statues are found in Chapter 312 of the <br />Texas Tax Code. <br />,e,' is when an individual w, ;,p 40 hours ,,r,", a week ",.21, employer, and in the position <br />the individual is provided the benefits normally offered by the employer, such as health <br />insurance, vacation and some form of retirement benefit. A job is not a position filled for the <br />employer as a workeremployee .; ,9, employment agencyor employment se <br />also includes <br />uIA t <br />r <br />