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07 Kammer EZ Request
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07 Kammer EZ Request
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Last modified
9/12/2012 10:46:03 AM
Creation date
1/12/2002 6:19:50 PM
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Template:
AGENDA
Item Number
7
AGENDA - Type
DIRECTION TO STAFF
Description
Kammer application for Tax Abatement
AGENDA - Date
1/14/2002
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. Offered Offered Entity(ies) <br />t 7'tvoughout Only In Offering <br />t' Jurisdiction 7,Qpg theincentives <br />■%i Cent Sates Tax ■ ❑ City of Paris <br />■ Ch. 4A for Industrial Development ic f a' <br />in 1993, the City oF Pnris created the Pari Economic Development orporltion and adooted a one nuirrer (1/4) <br />9f one nercent (I s11es and uce tax for industrial develonment and a one quarre /I/4) of one percent (I <br />sales nnd use tar to reduce the propsy tae rlte <br />❑ Ch, 4Ci Cor Economic Dzvelopment • <br />■ Bonds ■ ❑ Citv of Paris Paris Economic <br />Dzvelonment Corpontion <br />The City of Paris will lssist zone industries seeAint! Tndustrial Revenue Bonds financin and Private Activitv <br />Bonds. The Ciev wiil aIso coooente wich the L1mar County industriaI Development Corporation the issuer of <br />such honcls Additinnallv the Paris Economic Development orporltion mIv issue bonds for the puroose oF <br />fimncine the cost of orojects to promote and develop new 1nd expinded bueiness enterprises anA to promote <br />and encounee employment and the nublic welfare <br />■ Low-Interest Loans/Packaging ■ ❑ Paris Economic Develonment <br />■ <br />■ <br />Devclopment Fce Exceptions ■ ❑ City of Paris <br />The City of Paris does not have development fees <br />Flexible Zoning ❑ ■ City of Paris <br />The City of Parie will amencl zoning ordinances in order to nromote economic development in the zone <br />Sveamlined Permitting ❑ 4 City of Paris . <br />The City of Parie enjoys i reouhtion for eivine nrompt considention to buildin,permit requests a prictice that <br />will certainlv be emphasized in the zone. <br />Infrastruceure Improvements ■ ❑ City of Paris. Paris Economic <br />Development Corpontion <br />The City of Paris has recently authorized the issuance oF $5 000 000 00 in watenvorks and ewer vstem <br />revenue bonds which ire to be used for the ~urpose of pavins for improvements and extensions to the ity'c <br />combined watenvorks and sewer sysrem and the oayment of profesSiomi services relited to the conswction anA <br />fimncine of such orojects AAditionallv the Parit Economic Develo2ment Corooration miv finance industrial <br />water and seaer line extensions <br />
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