Notice of Consideration of Tax Abatement Agreement 5-In-5 - P-Town Property

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NOTICE OF CONSIDERATION OF TAX ABATEMENT AGREEMENT Notice is hereby given that the City Council of the City of Paris shall meet in regular session at 5:30 p.m. on Monday, June 12, 2023 to consider a potential residential tax abatement agreement under the City's 5 in 5 Housing Infill Development Program as set forth below. The meeting will be held at the City Council Chamber,107 E. Kaufman Street, in Paris, Texas. Due to the Co VID outbreak; facemasks are encouraged for those in attendance of the meeting in the City Council Chamber. A video feed will be available for live viewing at v/publ u�;.�,. The matters to be discussed and acted upon areas follows: 1. Owner of Property: P -Town Property Holding Applicant: P -Town Property Holdings 2. The Name and „Location of the Reinvestment Zone: Investment Zone 2020-1, encompassing the entirety of the corporate limits of the City of Paris, Texas. Properties to be included in the abatement are: • LCAD- 18257, 500 Block of NE 29th St., City of Paris Lot 2-0, Block 258- A • LCAD- 18256, 410 NE 20th St., City of Paris Lot 2-A, Block 258-A 3. A General Dgs�jtion of the Nature of the Improvements or Repairs: 13 dwelling units (duplex) 4. The Estimated~ Cost of the Improvements or R pairs: $750,000.00 Certification I certify that the above notice of meeting was posted on the bulletin board in the City Hall Annex, 150 First St. SE, Paris, Texas and on the City's website at www.paristexas.gov, no later than 5:30 p.m. on "I � ,._� I , 2023. .... .................. :ice Ellis, City Clerk Special Accommodations This facility is wheelchair accessible and accessible parking spaces are available. Requests for special accommodations or interpretive services must be made forty-eight (48) hours prior to this meeting. Please contact Janice Ellis at (903) 784-9248 or jellis@paristexas.gov for assistance.