2025-027 - Reducing the boundaries of the City of Paris, Texas Tax Increment Refinancing District No. 1 by removing Subzone 4

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Tract 2: Approximately 22.7 Acres bounded on the north by West Sherman Street, the East by 7th Street SW, the South by West Washington Street, and the West by City of Paris Block 13, and containing all of: City of Paris Block 133, Lots 1 through 19, and City of Paris Block 152, Lots 1 through 7, and City of Paris Block 153, also known as the George Wright Homes, and City of Paris Block 308, Lot PT 2. ROW Tract 2: ROW Connection BUS 271 / North Main Street Being a strip of right of way, approximately 60 to 100 feet in width, for BUS 271 N / North Main Street beginning at the intersection with Santa Fe Street and BUS 271 N / North Main Street and ending at the intersection with Clement Road, for a ROW connection of Sub Zone 2: Downtown Central Area to Sub Zone 3: North Loop 286 Area. Sub Zone 3: North Loop 286 Area Being approximately 250 Acres of land situated within the corporate limits of the City of Paris, Texas and being entirely within the R. Russell Survey, A-786, and being approximately 1.3 miles North of the Downtown Plaza, being bounded on the West by the Kiamichi Railroad right of way, and on the North by the South right of way of NE & NW Loop 286, and on the South by the North right of way line of Clement Road.; Beginning at a point of intersection of the West right of way line of BUS 271 N / N Main Street and the North right of way line of Clement Road; Thence Easterly along the North right of way line of Clement Road, approximately 5,100 feet, to the intersection of the North right of way line of Clement Road and the Southwest right of way of NE Loop 286, to a point for a corner; Thence Northwesterly, along the Southwest right of way line of NE Loop 286, at approximately 5,600 feet, passing the centerline of BUS 271 / N Main Street, and continuing Westerly along the South right of way of NW Loop 286, for approximately 1,500 feet to the NWC of CITY OF PARIS, BLOCK 251, LOT PT OF 27-A, PT OF 27-B & ALL OF 29, A786 RUSSELL SUR, 2300 N MAIN & 185 NW LOOP 286, ACRES 17.9023, also known as LCAD parcel 400881; to a point for a corner; Thence Southerly, approximately 925 feet, along the West boundary line of said CITY OF PARIS, BLOCK 251, LOT PT OF 27-A, PT OF 27-B & ALL OF 29, A786 RUSSELL SUR, 2300 N MAIN & 185 NW LOOP 286, ACRES 17.9023, to a point in for an inside corner;