13-NOMINATING PARIS REGIONAL MEDICAL CENTER NORTH CAMPUS PROJECT SA ENTERPRISE PROJECT

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Section 2. As required by Section 2303.4051(b) of the Act, the City's local incentives available in each area within an enterprise zone and in each area not in an enterprise zone are identified and summarized in the attached Exhibit "A;" and at least one of the local incentives is uniyue to the enterprise zone area. The City is in full compliance with the Act. Section 3. The City finds that PARIS REGIONAL MEDICAL CENTER NORTH CAMPUS PROJECT ("PRMC North") meets the criteria for designation as an enterprise project under the Act on the following grounds: (a) PRMC North is a"qualified business" under Section 2303.402 of the Act because it is engaged in the active conduct of a trade or business at a qualified business site and at least twenty-five percent (25%) of its new employees at the yualified business site will be residents of an enterprise zone in this state or economically disadvantaged individuals; (b)The PRMC North project is qualified under Section 2303.404 of the Act because (1) it involves "an expansion, renovation, or new construction"; (2) it will be completed within a predetermined period not to exceed five years; and (3) Paris Regional Medical Center is a wholly owned subsidiary of Essent Healthcare, Inc. for which separate books and records are kept; (c) There has been and will continue to be a high level of cooperation between public, private, and neighborhood entities within the jurisdiction of the City; (d) The designation of PRMC North as an enterprise project will contribute significantly to the achievement of the plans of the City for development and revitalization of the area in which the enterprise project will be located; and Section 4. The City Council of the City of Paris hereby nominates PRMC North as an Enterprise Project under the Act and designates the City's Director of Engineering, Planning & Community Development as liaison to oversee enterprise projects nominated by the City and to perform the other duties described in Section 2303.204 of the Act (hereinafter "Director"). The City authorizes the Director to file an application requesting designation of PRMC North as an Enterprise Project with the Bank, and to execute all documents and agreements necessary to process the application. Further, the City directs the Director or his designee to submit to the Bank the information required by section 2303.4052 of the Act. Section 5. The City finds that PRMC North meets the criteria for tax relief and other incentives adopted by the City and that PRMC North will be located wholly within the qualified business site and will retain jobs and increase economic activity and stability. As required by Section 2303.4051(c)(2) of the Act, the City's local incentives, including tax incentives, that at the election of the City Council, are or will be made available to PRMC North, the nominated project, are identified and summarized in the attached Exhibit "B". Section 6. Upon approval by the Bank, the Enterprise Project will be named PARIS REGIONAL MEDICAL CENTER NORTH PROJECT ("Project"). Section 7. The Enterprise Project designation must be for a predetermined designation period approved by the Bank, with a beginning date and ending date for the Project; and the designation period for the Project may not exceed five (5) years from the date on which the 9- 2