15 - Second Public Hearing on disannexation request - CR 22500

Home Browse Search

Anil, ._ . VALUATION"r •TAX•5OL UTIO N5 The Specific Use Permit Potentially Negates all Investment Within City of Paris Limits. The Project has engaged in highly responsible development by committing to a fifty -foot -buffer, which is higher than industry standards and significantly larger than other comparable solar projects in Lamar County. The four -hundred -foot buffer required by Ordinance 2017-0001,98-29-100 would eliminate five (5) of the seven (7) solar arrays planned for these parcels, creating multiple years of development delays, and reducing the Project investment in the city limits by over 50%. As a result, a majority of the potential tax revenue to the City of Paris from the Project is already jeopardized by SUP even in the absence of a disannexation As a result, disannexation followed by investment is a net positive for the City of Paris. o Figure 1—Project Maps (Entire Project) o Figure 2—Project Maps (Selected Area in City of Paris Boundary) o Figure 3 —Selected Area in City of Paris Property Tax Revenue ■ Current 50' Setback/Buffer ■ SUP 400' Setback/Buffer Nexus Seeks a Mutually -Beneficial Outcome with the Local Community. Nexus is, and has been, a long-time supporter of the City of Paris, Lamar County and the initiatives pursued by the local community. To that end, Nexus will negotiate in good faith regarding disannexation financial contributions to support the City of Paris and the initiatives of the local community. 2424 Ridge Boal 469.298.1594o