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Paris Economic Development Corp. y Sept. 12, 2001 Page 3 it was really doubtful that The company was also aski Vest would not recommend Other requests were to pri give prompt consideration Waterworks and Sewer ~ improvements and the pal construction and financing Protection for this vulneral rates on Water and Wastem percent rate reduction ride seven years; and provide fui as needed. type project could receive enterprise status. for a Direct -Interest Loan package. Mr. I PEDC enter into such an incentive. iote economic development in the zone and i building permit request; utilization of the stem Revenue Bonds for the purpose of ient of professional services related to the f such projects; increase in Police and Fire e segment of our community; reduce utility ter by ten (10) percent, as well as the five (5) offered by TXU Electric and Gas, both for ing for improving of existing roads to the site Mr. Vest told the Board that the only thing he would recommend is the tax abatement using the tax pha e-in basis, which is a performance agreement, and they would not get a ta break if they do not perform. President Rhodes called for consideration of and action on a recommendation to the Ci Council of the City of Paris on the tax abatement application fro S.I. Management, Inc. And KG Properties, LLP. I No motion was made and Mr. Vest reported that they 1 One was from Outlook Maga from the World Economic ] Eric attended a show, which as an attendees to this show, cards. Mr. Vest explained 1 computer and will be able to item died for lack of a motion. ~ had oniy four leads since the last meeting. another from Area Development and two alopment Alliance. Mr. Vest said he and the Northeast Equipment Manufacturers, 7 passed out brochures, pens, and business they will place this information into the ~ct mail those manufacturers and continue