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<br /> <br /> <br /> PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> <br /> RESOLUTION NO. 2003-016 <br /> <br />A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS <br />ECONOMIC DEVELOPMENT CORPORATION APPROVING AND <br />ADOPTING DEVELOPMENT COVENANTS FOR THE PARIS <br />INDUSTRIAL PARK; MAKING OTHER FINDINGS AND PROVISIONS <br />RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the Paris Economic Development Corporation (PEDC) has begun the process <br />of completing a business park in Paris to be known as the Paris Industrial Park; and, <br /> <br />WHEREAS, the PEDC deems it appropriate to adopt certain rules and regulations <br />regarding development within such business park; and, <br /> <br />WHEREAS, the Development Covenants for the Paris Industrial Park, attached hereto as <br />Exhibit A, should, in all things, be approved and adopted; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT <br />CORPORATION: <br /> <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. That the Development Covenants for the Paris Industrial Park, attached hereto <br />as Exhibit A, be, and the same are hereby, approved and adopted. <br /> <br />Section 3. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND APPROVED this 17th day of December, 2003. <br /> <br /> Don Wall, President <br /> <br /> ATTEST: <br /> <br /> Richard Severson, Secretary-Treasurer <br />