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Section 2. That the terms of the Economic Development Agreement and Tax <br /> Abatement Agreement and the property the subject thereof ineet the City's Guidelines and <br /> Criteria for Tax Abatement adopted by the City of Paris by Resolution No. 2022-003 and will <br /> lead to the economic development of the Program Area described in said Resolution No. <br /> 2022-003. <br /> Section 3. That the terms and conditions of the proposed Agreement attached <br /> hereto as Exhibit A and incorporated herein by reference,having been reviewed by the City <br /> Council of the City of Paris and found to be acceptable and in the best interests of the City of <br /> Paris and its citizens,be,and the same are hereby,in all things approved. <br /> Section 4. That the City Manager is hereby authorized to execute the Agreement <br /> and all other documents in connection therewith on behalf of the City of Paris substantially <br /> according to the terms and conditions set forth in the Agreement attached hereto as Exhibit ' <br /> A. <br /> Section 5. That the planned use of the property the subject of the tax abatement <br /> will not constitute a hazard to public safety,health, or morals. <br /> Section 6. That this approval and execution of the agreement on behalf of the City <br /> is not conditioned upon approval and execution of any other tax abatement agreement by <br /> any other taxing entity. <br /> PASSED AND APPROVED this 27�day of June, 2022. <br /> �itii7Gfi{Fll/���d <br /> `,�,.���-�HE erTy',,�,,� <br /> :'�• '��,�-s — <br /> :�,�: '••-o= Paula Portugal, Mayor <br /> ATTEST: _�'• �= <br /> __ :v�� <br /> � / '''���'i��'T/S��j-�Q.�eO````<< <br /> �0��/tl1 ��N�e�e�. <br /> J ice Ellis, City Clerk <br /> � <br /> APPROVED AS TO FORM: <br /> . � <br /> . <br /> Stephani H. Harris, City Attorney <br />