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(Updated 01-08-18) <br />POLICY STATEMENT <br />CRITERIA AND GUIDELINES FOR TAX ABATEMENT <br />35 <br />-77 V-71 i <br />in order to enter firto an agreement, the Taxins Jurisdictions Im'st find d <br />1 , The tam of the proposed agreement comply with these Policies, Criteria and <br />Guidelines. <br />2. There will be no submagial advent effect on the provision of Taxing Jurisdictions' serivices <br />or tax base. <br />3. Tind the planned use of r will not constitute a hazard to public salboss health or <br />BuNals. <br />4. hwident to fiWoval of any ordin;&nce dwWmtmg a reirrvires t zme, ft Taxing <br />Jurisdictions shall find that the fitrovemem wRet we feasible and practical and would be a <br />benefit to the land to be indudeod in the reinvestulm wne and to Y• Judsdictions <br />after II :I . . ...... <br />I A <br />I A 11 4; <br />4Q <br />shall require the af&mative vote of three-lbuift (3/4) of ft Tuambers of each of &eT <br />0=9 <br />Jurisdict!2w <br />1 -AF d&j nes In I;:exitne Jurisdictions does not limit <br />T <br />-7 <br />application or reg" for tax abatement, at cream any property, GoAl-tw-a, E oj-kW kw"' nj, 1, m 777 <br />person or entity to have the Taxing Jurisdiction consider or grant a %med application or t <br />VIII. Abatement Agmment Term and Conditions. <br />Appendix is provides many of the tem mid conditions to be included in any fbrmal tax <br />abatement legal agreement. <br />IX. Amendownts to Policies, Criteria and (YVWMOS <br />Then Policies, Criteria and Guidelines are effective for a two (2) ye -u period from the date of <br />their adoption, unless amended earlier by the affirmative vote of three-fourtbe of the <br />mernbm of each governing body (City, County). <br />Fora tax abatement application or additional informatai om contact: <br />Paris Economic Development Corporation <br />1125 Bonham Strm <br />Paris, Texas 75460 <br />Phow 903-784-699 <br />:903-7 4-2503 <br />Website: w vw&prislexasusa.com <br />Email: p— APPENDIX A <br />IMMMEMM <br />ad vW=m taxes of certain zeal and W <br />