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Section 2. That the terms of the Residential Tax Abatement Agreement as amended <br />by the original Amendment and by the Second Amendment attached hereto as Exhibit A and <br />the property the subject thereof continues to meet the city's Guidelines and Criteria for <br />residential tax abatements adopted by the City of Paris by Resolution No. 2021-012 (in effect <br />at the time of the approval of the Agreement) and as readopted on April 10, 2023 by <br />Resolution No. 2023-018, and will lead to the economic development of the city. <br />Section 3. That the terms and conditions of the proposed Second Amendment, <br />having been reviewed by the City Council of the City of Paris and found to be acceptable and <br />in the best interests of the City of Paris and its citizens be, and the same are hereby, in all <br />things approved. <br />Section 4. That the Mayor is hereby authorized to execute the Amendment and all <br />other documents in connection therewith on behalf of the City of Paris substantially <br />according to the terms and conditions set forth in the Agreement attached hereto as Exhibit <br />A. <br />PASSED AND APPROVED in a regularly scheduled meeting of the City Council of the <br />City of Paris, Texas on this the 23rd day of February, 2026. <br />ATTEST: <br />r, Deputy <br />ROVED AS TO FORM. <br />d <br />,,, Mihir lranfkaj, Mayor <br />CITY <br />Clerf� <br />gRIS, <br />Stephanie H. Harr"is, City Attorney <br />