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KEANDREWS <br />VALUATION•TAX•SOLUTIONS <br />The Specific Use Permit Potentially Negates all Investment Within City of Paris Limits. The <br />Project has engaged in highly responsible development by committing to a fifty -foot -buffer, <br />which is higher than industry standards and significantly larger than other comparable solar <br />projects in Lamar County. The four -hundred -foot buffer required by Ordinance <br />2017-0001,98-29-100 would eliminate five (5) of the seven (7) solar arrays planned for these <br />parcels, creating multiple years of development delays, and reducing the Project investment <br />in the city limits by over 50%. As a result, a majority of the potential tax revenue to the City <br />of Paris from the Project is already jeopardized by SUP even in the absence of a <br />disannexation As a result, disannexation followed by investment is a net positive for the City <br />of Paris. <br />o Figure 1—Project Maps (Entire Project) <br />o Figure 2 —Project Maps (Selected Area in City of Paris Boundary) <br />o Figure 3 —Selected Area in City of Paris Property Tax Revenue <br />■ Current 50' Setback/Buffer <br />■ SUP 400' Setback/Buffer <br />Nexus Seeks a Mutually -Beneficial Outcome with the Local Community. Nexus is, and has <br />been, a long-time supporter of the City of Paris, Lamar County and the initiatives pursued by <br />the local community. To that end, Nexus will negotiate in good faith regarding disannexation <br />financial contributions to support the City of Paris and the initiatives of the local community. <br />2424 Ridge Road 469.298.1594 www,keatax.com <br />Rockwall, 75087 <br />