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Section 4. That the terms of the Tax Abatement Agreement and the property the subject <br />thereof ineet the Guidelines and Criteria heretofore adopted by the City of Paris that govern <br />Reinvestment Zone No. 10. <br />Section 5. That, by hereby granting the tax abatement, there will be no substantial adverse <br />effect on the provision of City services or on its tax base. <br />Section 6. That the planned use of the property the subject of the tax abatement will not <br />constitute a hazard to public safety, health, or morals. <br />Section 7. That this approval and execution of the AGREEMENT on behalf of the City is <br />not conditional upon approval and execution of any other tax abatement agreement by any other <br />taxing entity. <br />Section 8. That this resolution shall be effective from and after its date of passage. <br />PASSED AND ADOPTED this the 7th day of October, 2004. <br />Curtis Fendley, Mayor <br />ATTEST: <br />Sherian Dixon, Assistant City Clerk <br />APPROVED AS TO FORM: <br />Larry W. Schenk, City Attorney <br />