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Section 1. The findings set out in the preamble to this resolution are hereby <br />in all things approved and are incorporated herein for all purposes. <br />Section 2. That the terms of the Economic Development Agreement and Tax <br />Abatement Agreement between the city and Christopher Sebastian Martinez D/B/A <br />ASA Electric & Construction, LLC and the property the subject thereof meets the City's <br />Guidelines and Criteria for Tax Abatement adopted by the City of Paris by Resolution <br />No. 2025-025 and will lead to the economic development of the Program Area <br />described in said Resolution No. 2025-025. <br />Section I That the terms and conditions of the proposed Agreement attached <br />hereto as E hib it A and incorporated herein by reference, having been reviewed by <br />the City Council of the City of Paris and found to be acceptable and in the best interests <br />of the City of Paris and its citizens, be, and the same are hereby, in all things approved. <br />Section 4. That the Mayor is hereby authorized to execute the Agreement and <br />all other documents in connection therewith. on behalf of the City of Paris <br />substantially according to the terms and conditions set forth in the Agreement <br />attached hereto as Exhibift A. <br />Secti"on S. That the planned use of the property the subject of the tax <br />abatement will not constitute a hazard to public safety, health, or morals. <br />Section 6. That this approval and execution of the agreement on behalf of the <br />City is not conditioned upon approval and execution of any other tax abatement <br />agreement by any other taxing entity. <br />PASSED AND APPROVED by the City Council of the City of Paris, Texas at its <br />regular meeting on the 13th day of October, 2025. <br />... ...... <br />Mihir Pankaj, Mayor <br />