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Section 4. That the aforesaid properties described in Exhibit B shall be, and are hereby upon <br />the final date of the adoption of this ordinance, in all things disannexed from the city limits of the <br />City of Paris. <br />Section 5. That the City Council finds and determines that, in accordance with Section <br />43.148 of the Texas Local Govemment Code, the value of services provided by the City and the <br />amount of money spent by the City for such services for the direct benefit of the area disannexed <br />herein, during the period of time said area was located within the city limits of the City of Paris, <br />equals or exceeds on a pro rata basis the amount of property taxes and fees collected from the <br />landowners whose property is located within the area disannexed herein. <br />Section 6. That from and after the date of final adoption of this ordinances, the boundaries <br />of the City of Paris, as the same appeaz in any and all official documents, maps, or other renderings, <br />shall be and are hereby adjusted to reflect new boundaries revised to show the omission of the <br />property disannexed herein. <br />Sectian 7. That this ordinance shall be effective February 1, 2007. <br />PA5SED AND APPROVED on this 9th day of January, 2007. <br />Richard Manning, Mayor ~ <br />ATTEST: <br />aniee Ellis, City Clerk <br />APPROVED AS TO FORM: <br />D. Lestock, Assistant Ciry Attorney <br />~ <br />