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06-A K-C Nom Enterprise Project
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06-A K-C Nom Enterprise Project
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Last modified
11/17/2005 11:15:05 AM
Creation date
10/6/2005 9:29:03 AM
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AGENDA
Item Number
06-A K-C Nom EZ Proj
AGENDA - Type
ORDINANCE
Description
Kimberly-Clark Nomination for Enterprize Project
AGENDA - Date
10/10/2005
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<br />" <br /> <br />Exhibit A <br /> <br />Incentives offered by the City of Paris <br /> <br />N~1m_C.__o__r h.1Cc.l1tive D\;;,'scriptio, 1.1 of I_ll_c.entin.:.' ... f\ vailability <br /> <br />T <br /> <br /> <br />1 <br /> <br /> <br />2 <br /> <br />3 <br /> <br />4 <br /> <br />unicipal sales and <br />se tax re fund <br /> <br />5 <br /> <br /> <br />6 <br /> <br />7 <br /> <br />8 <br /> <br />9 <br /> <br />10 <br /> <br />11 <br /> <br />I <br /> <br />e City may abate taxes on th~ <br />'ncrease in value ofreat propeny <br />improvements and tangible personal <br />ropeny that locate in a designated <br />enterprise ZOne up to 1000/0 of the <br />stimated total tax increase to be levied <br />n the proposed propeny improvements <br />for a tenn not to exceed ten 10 ears. Cit -wide <br />inancing through the creation of tax <br />.ncre:ment reinvesnnent zones. Cit -wide <br />The City may offer low-interest Joans to <br />develo or revitalize the zone. Cit -wide <br />he City may refund the amount of tax <br />aid under IDe Municipal Sales and Use <br />ax (Texas Tax Code~ Chapter 321) by <br />e business and remitted 10 the <br />Comptroller of Public Account up to the <br />aximum extent auÙ1orized by Sections <br />303.505 and 2303.506 of the Act~ and <br />for a period determined by the CitY1 but <br />ruch shall not exceed five (5) ears, Cit '-wide <br /> <br /> <br />Ta.x~Exem t Industrial Bonds, <br />e City may waive Or refund any and <br />aU a licab1e fees due or aid, <br />The City may provide infrastrUctUre <br />im rovements for industries. <br />Allows changes in the zoning and <br />vanances. <br />The City may a11ow permit applications <br />ant! supponing materials to be tendered <br />0 one department for distribution to the <br />a ro nate ci tY de anmems, Cit ~widc <br /> <br />Cit -wide <br /> <br />Cir -wide <br /> <br />Ci ~wide <br /> <br />Ci -wide <br /> <br />ail convenience for cit residents. <br /> <br />Ci -wide <br /> <br /> <br />Cit ~wide <br />
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