Laserfiche WebLink
RESOLUTION NO. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS; <br />ADOPTING THE BYLAWS OF THE BOARD OF DIRECTORS OF THE CITY OF <br />PARIS TAX INCREMENT FINANCING REINVESTMENT ZONE NO. 1; MAKING <br />OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND <br />DECLARING AN EFFECTIVE DATE. <br />WHEREAS, on November 11, 2019, the City Council of the City of Paris adopted <br />Ordinance No. 2019-045 creating Tax Increment Financing Reinvestment Zone No.1 and a board <br />directors therefor; and <br />WHEREAS, on December 9, 2020, the City Council appointed a five (5) member board of <br />directors for said Tax Increment Financing Reinvestment Zone No. 1 (the "TIRZ Board"); and <br />WHEREAS, said TIRZ Board met on February 11, 2020 in a public meeting, duly <br />advertised as required by law, and adopted the Paris Tax Increment Financing Reinvestment <br />Zone No. 1 Bylaws, a copy of which is attached hereto as Exhibit A and incorporated herein by <br />reference; and <br />WHEREAS, it is deemed appropriate and in the best interest of the City of Paris and its <br />citizens that said Bylaws be hereby approved; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />TEXAS, THAT: <br />Section 1. The findings set out in the preamble to this resolution are hereby in all <br />things approved. <br />Section 2. That the Paris Tax Increment Financing Reinvestment Zone No. 1 Bylaws, <br />a copy of which is attached hereto as Exhibit A and incorporated herein by reference are hereby <br />approved and adopted. <br />Section 3. This resolution shall be effective immediately upon passage. <br />DULY PASSED AND APPROVED this 24th day of February, 2020. <br />Steven J. Clifford, M.D., Mayor <br />ATTEST: <br />Janice Ellis, City Clerk <br />