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08-A Tax Abat Agree-Paris Wareh
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08-A Tax Abat Agree-Paris Wareh
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Last modified
8/29/2012 3:09:32 PM
Creation date
9/30/2004 2:22:16 PM
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AGENDA
Item Number
08-A Tax Abate Agr
AGENDA - Type
RESOLUTION
Description
Tax Abatement Agreement with Paris Warehouse 107, Inc.
AGENDA - Date
10/11/2004
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•08/20/2004 12:43 9037842503 PAGE 03 <br />9. CURRENT PAYROLL (in City ot' Paris): 5~50,000 weekly <br />10. NUMBER (DF NEW JOBS PROPOSED: 30 <br />11. T.TST THE a'YPE AND rIIJMBER OF NFW JOB5 TO AE CRE1I,TFD ANb THE PROIECTED <br />SAT,ARY FOR EA.CH JOB: <br />_20 Pack:agers, 5 Fotklift Operators, 4 Clerical, 1 Supervision <br />12. PLEASE P1ROVIDE INFORMATfON PERTAINING TO THE "IRANSFER OF IOBS RELATE.D <br />TO THE IAIPROVEMENTS OR FXPANSION: <br />This is ba,4ed on moving current production in Sulphur Springs at one of our facili.ties to Paris and <br />the projected increase in business based on our customer fecdback. <br />13. TOTAL TN,IPAC'T ON PA,YR.OLL T'ROM NEW )OBS: $470,0008rnually <br />14. PRE-PROJECT MARKET VALiJES, AS DETERMINED FOR LOCAL PROPERTY TAXATION, <br />OF THE EXISTING FACiLI1Y, SITE, TANGIBLE PERSONAI, PROPERTY, AND <br />LNVENTORY: <br />A. RE:A.T, PROPERTY: 5 acres ~;a $1.500 per acre <br />$ 7,500 <br />B. TA,NGBLE PERSONAL PROPERTY $ 0 <br />15. GNB A DETA.I.LED DESCRIPTION OF THE PROPOSED TMPROV.EMF•NTS OR EXP,ANSTON <br />(ATTACH ADDITIONAI, SNEETS, IF NECESSARY): <br />Wc tirc planning to add approximately 172,000 square feet to aur eurrcnt facility located at 2300 <br />13'h S. W., Paris, Texas with the construction of a ncw building joined to our current building. In addition to <br />eXpanded warehowing to scrvice our customets, we arc going to expand our packag.ing area to accb.mmodate <br />our growing busine:ss. <br />16. THE ESTIMATED DATE OF COMPLETION OF THE iMPROVEMENTS: <br />Apri101, 2005 <br />17. THF ESTlMA7ED DATE OF OPERATfON OF THE 1MPROVEMENTS OR EXPANSTON: <br />
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