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5. Economic In:pact of the Zone. The estimate must consider tax incentives; financial benefits, <br />contemplatedprograms, and community costs. Provide a table showing the calculations and an explanation of <br />the basis for the calculations. <br />• From the economic impact tabie, provide the following information: Tablc uttached hereto ns Eshibit 2-E <br />-Total number oF jotis expected to be crcated 700 <br />-Total number of jobs expected to be retained, if applicable 1.952 <br />-Total lmount of capital investment expected ro be injected $60.000.000.00 <br />6. LOC[il IItC¢liliv¢S. Check and briefly describe the local incentives, benefits, programs or services <br />ofFered by [he municipality, counry, or other entities in or throughout the municipatiry/county(ies). Note: At <br />least three incentives must be oFFered in the zone that are not offered throughout the jurisdiction; one of the ^ <br />inc~mtCs oCfered exciusively in the zone must be linanciat in namre. I <br />OfFered <br />OfFered <br />En(ity(ies) <br />Throughout <br />Only In <br />Offering <br />Jurisdiction <br />one <br />the Incentives <br />■ Tax Abatement ❑ <br /> <br />City of Paris. County oF Lamar. <br />- <br />Paris Junior Colleee. Independent <br />$chool Districts <br />4 Real Property I <br />Ttie Citv or Paris ind other pvticipating entities will oCfer uo ro one hundred percent (100%) tie abatement on <br />imorovcments to anv industrial site or builciing for i period or uo to seven (7) years for businesses ind industries <br />elieibic uncler the Teras Enterprise Zone Act The entemrite zone will be desi mted a "reinvestment 7one" <br />in order to imolement this process <br />■ Personal Property <br />Same as above. <br />■ Tax Increment Financino o ■ City of Paris <br />Th_e_ Citv or Paris wili stronglv consider any request for Tax mcrement Fimncins from industries within the <br />zone• <br />■ Freeport Exemption ■ [NA] City or Paris. Counry or Lamar <br />Paris Junior Colle e. Independent <br />School Districts <br />OfFered by all taxine entities throuehout the jurisdiction <br />■ Local Sales and Use Tax ReFund [NA] ■ City or Paris <br />T he City of Paris will provide for the partial or deFerred payment or refund oF siles Tnd use taxes by oersons <br />mikine a tacable purchase lease or renial for nurposes of development or revitalization in the zone <br />i <br />r it of omme 6eY:p ,.•.e~.., .;;t~.. ~ ~ .:c. ,v ~ .4.. ~ . I N•"7'y~-"~:c'I.. <br />