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I'L�,SOli.0 IIr'1110N NoIII 2020-001 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS <br />UTI -1 Iii E CITY TO BE ELIGIRIII.X711170 PARTICIPATE IN PROPERTY <br />TAX ABATEMENTS AND APPROVING u UIDE ..II II ISIS AND CRITERIAFOR <br />GRANTINGI'AX ABATEMENTS IN "THIP CITY OF PARIS, T S MAKING <br />OTHER"I DI S AND PROVISIONS RELATED TO THE SUBJECT; AND <br />DECLAIUNG AN EFFECTIVE DA,TE. <br />WHEREAS, Section 1312,002 oi'the'Texas ll°ax Code requires local taxing units to state every <br />Wo years their in -tent tun participate in property tax abatement ag7vernents and to adopt guidelines <br />and criteria for granting tax abatements and to conduct a public hearing prior to said aunt orizatior.n <br />and adoption; and <br />'WHEREAS, on jaounanay 13, 2013, the City Council conduu.awted said public hearing as required <br />y laws and <br />' ,HER S, the City Council last a.u:iointed Criteria and Guidelines for- Ta .Abatemenut on <br />January 11, 2018; and <br />WHEREAS, after oornsidi.,,�rinn, public: comment, if any, at said, Ipurriaiio hearing, the QqT Council <br />of the City of Paris, Texas hereby reaffirms its intent to be eligible town participate in. property tax <br />abatements in ao::orrdannce with. Chapter 312 of the Texa Ta.x Code and to adopt. tine Guidelines and. <br />Criteria for Tax Abatement attached hereto and incorporated erein as hihtt ; and <br />I"'iiEREA$, a quarters r najority vote of the City Council of the City of :Pari s, "Texas i <br />reo uired to amend the Guidelines and Criteria for-, TaxAbatement; and <br />'WHEREAS, the Ci y Council elects to read.olpt the Guidelines and Criteria for Tax Abatement <br />adopted on January 11, 201.8 witi:nouut amendment, <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL L F THE CITYOF PAJUS, <br />Section ..11 'The findings set out in i::iue preamble to this resolution are hereby in all throngs <br />approved.. <br />Section 2. "Heine City hereby elect, to be eligible to (participate in a property tax abatement <br />progyrarn and approves and adopus the Guidelines and Criteria for "Tax Abatement attached hereto <br />and. incorporated herein as E W.A. <br />Sect.omn I II, This resolution utionn shall iaeoo e effective from aind after the date ofpassage., <br />PASSED AND APPROVED this 13th day of ][annuuary, 2070. <br />StevI, i � Clifford, 14J), Mayor <br />