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<br />RESOLUTION NO. 98-045 <br /> <br />WHEREAS, the City Council of the City of Paris did heretofore, on the 23rd day of <br />March, 1998, in Resolution No. 98-042, establish certain guidelines and criteria governing tax <br />abatement incentives within that portion of the City of Paris described as Reinvestment Zone No. <br />5; and, <br /> <br />WHEREAS, such guidelines and criteria are in need of revision, and the form of the <br />amended Guidelines and Criteria for Reinvestment Zone Number 5, attached hereto as Exhibit A, <br />should, in all things, be approved; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS, that the amended Guidelines and Criteria for Reinvestment Zone Number 5, attached <br />hereto as Exhibit A, be, and the same are hereby, adopted; and, <br /> <br />BE IF FURTHER RESOLVED, that this resolution was passed by a vote of at least three- <br />fourths (3/4) of the members of the City Council of the City of Paris. <br /> <br />PASSED AND ADOPTED this 13th day of APrk::::> _ <br /> <br /> <br /> <br />Eric S. Clifford, Mayor <br /> <br />ATTEST: <br /> <br /> <br />Mattie Cunningham, City Clerk <br /> <br />