Laserfiche WebLink
<br />Section 1. That the findings set out in the preamble to this resolution are hereby in all <br />things approved. <br /> <br />Section 2. For the purposes of this resolution the following deftnitions shall apply: <br /> <br />a. Contract with the Taxing Entities shall mean that Interlocal Agreement, Tax Trust <br />Agreement, and Limited Power of Attorney previously entered into by and among the City <br />of Paris, Lamar County, Paris Independent School District, North Lamar Independent <br />School District, and Paris Junior College for the implementation of the program stated <br />herein. <br /> <br />b. Lot or Lots shall mean a tract, City lot, or other parcel of real property, whether <br />identified by a fonnal survey (lot and block in a platted subdivision), or identified by metes <br />and bounds description, or otherwise, which now or subsequent to the date of this <br />agreement: <br /> <br />i. Is located within the corporate or city limits of the City of Paris, Texas, as those <br />limits currently exist or shall hereafter be amended; and, <br /> <br />ii. Is vacant and if a structure is located thereon the structure is or has been <br />unoccupied and abandoned as the terms vacant and abandoned are defmed under <br />the Texas Tax Code; and, <br /> <br />iii. Is located in an area zoned for single family residential use only pursuant to the <br />Zoning Ordinance of the City of Paris; and, <br /> <br />iv. Has been lawfully foreclosed by representatives of the Taxing Entities for <br />delinquent ad valorem taxes pursuant to the Texas Tax Code; and, <br /> <br />v. Has been or is eligible to be struck off to a trustee following a Sheriff's Sale in <br />accordance with the Texas Tax Code and the property has not sold pursuant to <br />Section 34.001 of the Texas Tax Code; and, <br /> <br />vi. One (1) calendar year, or the maximum period of time for redemption of said <br />property according to the Texas Tax Code, whichever period of time is greater, has <br />passed since the date of the Sheriff's sale. <br /> <br />c. Non-Profit Entities shall mean Paris Living, a Community Development Corporation, <br />and Paris Habitat for Humanity. <br /> <br />d. Taxing Entities shall mean the City of Paris, County of Lamar, Paris Independent <br />School District, North Lamar Independent School District, and Paris Junior College, <br />individually and collectively. <br /> <br />-3- <br />