1985-016-RES WHEREAS, the City Council of the City of Paris is in receipt of a deed of donation from B. Frank Dooley

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more than twenty-five percent (25%) of the existing structures in each of the Eligible Blighted Areas constitute "Substandard Structures" pursuant to the provisions of .002 (b) (9) (A) (ii) (I) (-c-) (-4-) of the Rules. Section 3. The overall objectives of the City for redevelopment and recovery of the Eligible Blighted Areas are as follows: To facilitate the proper development of the Eligible Blighted Areas for industrial and commer- cial development in conformity with the zoning laws in order to aid and assist the City in increasing per capital income, retaining commer- cial and manufacturing employment and removing persons from below the poverty level and increasing job opportunities within the City, both temporarily and permanently, with the expectation that many of the jobs would be available to the presently unemployed living in the City. Section 4. The City finds and represents to the Texas Economic Development Commission that the availability of financing of projects for commercial uses under the Act will contribute significantly to the alleviation of the blighted conditions found to exist in the designated Eligible Blighted Areas. Section 5. The principal types of projects for commer- cial uses desired and authorized by the City to enhance its redevelopment efforts in the Eligible Blighted Areas are the acquisition, construction and development of those categor- ies of businesses permitted by law to be built and operated within each zoning classification. Section 6. The City represents that it will review all project descriptions for approval of specific projects for commercial uses in order to determine whether such projects are consistent with the City's objectives for redevelopment of the Eligible Blighted Areas. Section 7. At the time of the adoption of this Resolu- tion, the City has no specific plans for public improvements to be made by the City within the Eligible Blighted Areas; however, requests for public improvements will be considered on a project by project basis. Section 8. This Resolution shall become effective upon its adoption.