2008-104-RES-Adopting and extending the policy statement criteria and guidelines for tax abatements for an additional two years, and approving and authorizing tax abatement agreement with campbell soup for a new juice line at the paris plant.

Home Browse Search

INITIAL REPORTING REQUIREMENTS The followinj information must be provided, in writing, to the City of Paris, the County of Lam , and Paris Junior College on company letterhead, sworn to and signed by a designated repre entative of the company. Such letter must be received by the taxing entities within thirty (30) days f the date of completion of the improvements described in the Tax Abatement Agreement(s) but, nder no circumstances, shall the deadline for such report be extended to later than sixty (60) days fter the required date of completion provided in said Agreement(s). (a) Copy of the printout from the Lamar County Appraisal District showing the market value of the Properly prior to the construction of the IMPROVEMENTS; (b) Detailed description of IMPROVEMENTS; (c) Detailed description of any miscellaneous items of office equipment and the actual cost of such added office equipment; (d) Copy of or identification of plans and specifications of constructed improvements and the location of the same for inspection by taxing entities= certification tean-is; (e) Detailed list of and actual cost of added machinery and equipment; ( fl Actual cost of capital IMPROVEMENTS; and, (g) Date of substantial completion of the IMPROVEMENTS as defined in paragraph 3.1 of the Agreement.