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<br />b) The Paris Economic Development Corporation shall expeditiously advise the City in <br />writing of any instances of contract non-compliance by tax abatement participants. In addition, <br />the Paris Economic Development Corporation shall, on an annual basis, conduct a performance <br />review of the activities of each tax abatement participant and report the findings of such review <br />to the City Council. <br /> <br />c) The City shall retain the right to independently review and audit the activities of tax <br />abatement participants. <br /> <br />d) The City shall be responsible for enforcement of the terms of any tax abatement <br />agreement authorized hereunder. <br /> <br />XVII. Amendments. These Guidelines are effective for a two (2) year period from the date of <br />their adoption, unless amended or re'pealed by the affirmative vote of three-fourths (3/4) of the <br />members of the City Council. <br /> <br />For a tax abatement application or additional information contact: <br /> <br />Paris Economic Development Corporation <br />1125 Bonham Street <br />Paris, Texas 75460 <br />903-784-2501 <br />800-727-4789 <br />Fax 903-784-2503 <br />Email pedc@paristexas.com <br /> <br />13 <br />