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<br />IV. Application Procedures <br /> <br />Any person, organization, or corporation desiring that the City of Paris provide tax <br />abatement incentives to encourage their location or expansion of operations within the city limits <br />or the extraterritorial jurisdiction of Paris shall be required to comply with the following <br />application procedures. However, nothing within these guidelines shall imply or suggest that the <br />City is under any obligation to provide any incentive to any applicant. <br /> <br />Any applicant desiring tax abatement incentives shall file an application request which shall <br />include at least the following information: <br /> <br />1) A plat showing the precise location of the property, all roadways within 200 feet <br />of the site, and all existing zoning and land uses within 200 feet of the site. <br /> <br />2) If the property is described by metes and bounds, a complete legal description <br />should be provided. <br /> <br />3) A brief description of the proposed improvements or expansion and its projected <br />costs; the type of business operation proposed; the number and type of jobs <br />created, including information pertaining to anticipated job transfers, the projected <br />date of operation; and the type and value of any economic development incentives <br />requested. <br /> <br />4) Any other information about the proposed project as may be required by the City <br />or as deemed desirable. <br /> <br />Once the application has been received, the information submitted will be reviewed by the <br />City Manager for completeness and accuracy. The City Manager will then distribute the <br />application to the appropriate department heads for internal review and comments. Following staff <br />review, copies of the complete application package and staff comments will be provided to the City <br />Council and to other taxing entities that may be willing to participate in offering tax abatement <br />incentives. Generally, the City Council, staff and other taxing entities will discuss the proposed <br />application at a work session prior to its formal consideration by the Council. Following the work <br />session, the City Manager may be requested to obtain other information prior to further <br />consideration of the application. <br /> <br />At a subsequent regular City Council meeting, the application for any tax abatement <br />incentive may be considered. The City will comply with certain public notice and hearings are <br />required as mandated by state law under the Property Redevelopment and Tax Abatement Act <br />prior to the designation of a reinvestment zone and execution of a tax abatement agreement. Prior <br />to final approval, all legal documents to effect such reinvestment zone(s) and tax abatement <br />agreements shall be drafted and approved by the City Attorney. <br /> <br />GUIDELINES & CRITERIA . Page 3 <br />