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('I <br />2021-012 <br />RESOLUTION NO.,—,--, <br />40N <br />n Roarem'Ant: ag <br />Mre- i ee - N Rre ge ame n' I %a <br />tax abatements; and <br />WHEREAS, on October 14,2013 in Ordinance No. 2013-036, the City Council designated <br />fteinvestment Zone No. 2013-1 for residential tax abatements; and <br />WHEREAS, concurrent with Ordinance No. 2013-036, the City Council also approved <br />Resolution No. 2013-036 electing to be eligible to participate in a residential tax abaternew. <br />program and approving Guidelines and Criteria for Residential Tax Abatement Program as <br />required by statute; and <br />11151117111 1! r iiiiiniii <br />1171M! 1711 rmn i <br />4104 64 <br />VA11116-SEEiEss <br />WHEREAS, on January 9, 2017, the City Council approved Resoulution 2017-001 re- <br />-&Ttc .ss r. <br />guidelines and criterial for the residential tax abatement program; and <br />WHEREAS, on April 22, 2019, the City Council approved Resoulution 2019-013 re- <br />authorizing the City to become eligible to participate in residential tax abatements and approving <br />guidelines and criterial for the residential tax abatement program; and <br />WHEREAS, in 2021, City Council re -authorized Reinvestment zone 201S-0 1 and renamed <br />it Reinvestment Zone No. 2020- 1; and <br />WHEREAS, pursuant to Texas Tax Code Sec. 312.002(c), guidelines and criteria for tax <br />abatements are effective for two years from the date adopted; and <br />WHEREAS, the City Council continues to desire to participate in a residential tax <br />abatement program in the City of Paris and has been presented Guidelines and Criteria for a <br />Residential Tax Abatement Program; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />TEXAS, THAT- <br />