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07-B Tax Abatement Eligibility
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07-B Tax Abatement Eligibility
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Last modified
8/29/2012 4:22:33 PM
Creation date
9/17/2004 4:34:14 PM
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Template:
AGENDA
Item Number
07-B Tax Abatement E
AGENDA - Type
RESOLUTION
Description
Tax Abatement Elibibility Resolution
AGENDA - Date
9/22/2004
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April 0 1, 2005 <br />18. ESTIMAT'ES OF AMOUNTS TO BE INVESTED: <br />A. <br />PURCHASE OF LANDBLJII,DiNG: <br />$ <br />$15,000 <br />B. <br />NEW BUILDING CONSTRUCTION: <br />$ <br />C. <br />BUII,DING ADDTTIONS: <br />$ <br />4,900,000 <br />D. <br />IMPROVEMENTS TO EXISTIING BLDG. <br />$ <br />20,000 <br />E. <br />MACHIlNERY & EQIIIl'MENT: <br />$ <br />3005000 <br />F. <br />FURNITURE & FIXTURES: <br />$ <br />10,000 <br />TOTAL 1NVESTMENT AMOUNT <br />$ <br />5,245,000 <br />19. TOTAL INVESTMENT ELIGIBLE FOR ABATEMENT: <br />$ 5,245,000 from item 17 (please circle) A B C D E F <br />20. LIST THE TYPE AND VALUE OF ECONOMIC DEVELOPMENT INCENTIVES REQUESTED <br />(I.E., TAX ABATEMENT, LOCAL SALES TAX REFUND, SALE OF CITY-OWNED <br />PROPERTY, ETC.): <br />Tax Abatement $ <br />Local Sales Tax as available through the Enterprise Zone $ $40,000 <br />$ <br />21. FOR TOTAL PERSONAL PROPERTY INVESTMENT INDICATED A.BOVE IN ITEM 19, LINES <br />E& F, SHOW PROJECTED DOLLAR VALUE IN EACH DEPRECIATTON SCHEDULE. <br />1. (7 yr) _$310,000 N. (16 yr) <br />U. (10 yr) V. (18 yr) <br />III. (12 Yr) VI. (20 Yr) <br />22. NORTH AMERICAN IlNDUSTRY CLASSIFICATION SYSTEM NUMBER: 4931 1 / 488991 <br />23. NAME, ADDRESS, AND PHONE NUMBER OF CONTACT FOR THE PURPOSES OF THIS <br />APPLICATION: <br />David Owens, 2510 South Church, Paris, Texas 75460 903-783-7139 <br />
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