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11 - Waiver of a portion of the Paris Housing Authority 2023 PILOT
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02-26-2024
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11 - Waiver of a portion of the Paris Housing Authority 2023 PILOT
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HOUSING AUTHORITY OF THE CITY O PARIS <br />I.S <br />650 7`h SW -Office, Paris, Texas 75460 <br />P.O. Box 688, Paris, Texas 75461 <br />Phone (903).784-6651 Ext. 26 Fax (903) 784-6678 <br />January 16, 2024 RECEIVED <br />City of Paris <br />Mr. Grayson Path, City Manager QtY Manager <br />135 SE 1st Street <br />Paris, TX 75464 <br />RE: Waiver of PILOT ^ <br />Dear Mr. Path, <br />The Board of Commissioners of the Housing Authority of the City of Paris requests that a <br />portion of the annual PILOT (Payment in Lieu of Taxes) be waived for the FYE 06/30/2023 to <br />offset the cost of signage required by the 2021 address change of properties. <br />This request is being made to counter the costs incurred of the additional signage due to the <br />address changes that the City of Paris mandated for the properties of George Wright Homes and <br />Booker T Washington Homes. The calculated PILOT is $9460.44(please see attached). The <br />actual signage costs are $5177.75 (invoices attached). In addition, the administrative costs <br />incurred to procure and place signage. The total costs of the signage required by the City, is an <br />expense that was not budgeted. It would be beneficial if the costs could be restored by the <br />waiver of our annual PILOT. <br />We respectfully request the waiver of the PILOT for the FYE 06/30/2023. On behalf of the 234 <br />families residing in these properties, I would like to express my sincere appreciation for this <br />consideration. <br />Your commitment to supporting affordable housing for our community's lowest income families <br />is commendable. Thank you for your assistance and support as we have worked to comply with <br />the requirements of this address change. <br />Sincerely, <br />)�Lqzw�� A14/9 <br />Elizabeth Brooks <br />Executive Director <br />Attachments: Computation of PILOT for FYE 06/30/2023 & Invoices for signage <br />
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