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Regular Council Meeting May 9, 2022 Page 4 12. Discuss and act on RESOLUTION NO. 2022-033: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS APPROVING A RESIDENTIAL TAX ABATEMENT AGREEMENT BETWEEN THE CITY OF PARIS, TEXAS, ("CITY") AND WE'RE GOING TO PARIS, LLC, ("OWNER"); MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT AND DECLARING AN EFFECTIVE DATE. City Planner Andrew Mack stated that he was extremely pleased to be working on this project with Mr. Seth Bame and Mr. Barret Limburg regarding the long over -due renovation of the Westgate Apartments. Mr. Mack said that City staff recommended approval of the five-year 100% Residential Tax Abatement Agreement and then introduced Mr. Bane and Mr. Limburg to give their presentation. Mr. Limburg stated that he was excited to be involved in this project and to be able to provide housing to the City by restoring an existing structure. He and Mr. Bame then showed a PowerPoint presentation of other buildings their company had renovated. Council Member Pankaj stated that he was excited to see some positive progress in West Paris. Mayor Pro -Tem Hughes asked if they planned to refurbish all the existing units, or if they would have to demolish some. Mr. Limburg answered that they planned on keeping every unit, and possibly in the future adding more on the land that is nearby. Mayor Portugal asked if there was a timeline in mind for when they would begin construction. Mr. Limburg stated that they were ready to begin as soon as they got approval from both the City and County. He said they hope to get started within the next 30-60 days and the total time for renovation was approximately 12 months. A Motion to approve the item was made by Council Member Pankaj and seconded by Council Member Hughes. Motion carried, 5 ayes — 0 nays. 13. Receive an update on the City's 5 in 5 Housing Infill Development Program. Mr. Mack stated back in January of this year the City Council adopted the 5 in 5 Housing Infill Development Program Guidelines. Since that time, the City Council has approved three development agreements, with three additional developers coming forward in the next month or two. The City is continuing to work with builders and investors with lots they own and have control over as to enter the 5 in 5 Program. 14. Receive quarterly update as to the status of the Vacant Building Registration. Mr. Mack introduced Code Enforcement Supervisor, Robert Talley, and Main Street Director, Cheri Bedford. Mr. Mack stated that this endeavor has been a team effort. He went on to say that, he believed the Vacant Building Registration has made a difference in the revitalization of Downtown. Cheri Bedford stated there were 197 parcels in Downtown, which included vacant lots. In 2021, there were approximately 38 buildings on the Vacant Building registration. Code