2022-045 - Approving an Economic Developement and Tax Abatement Agreement With Sky-Mar Ventures, LLC RESOLUTION N0. 2022-045
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS
APPROVING AND AUTHORIZING AN ECONOMIC DEVELOPMENT AND TAX
ABATEMENT AGREEMENT WITH SKY-MAR VENTURES, LLC; MAKING
OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND
DECLARING A1V EFFECTIVE DATE.
WHEREAS,the City Council of the City of Paris,Texas has been presented a proposed
agreement by and between the City and Sky-Mar Ventures, LLC providing for an Economic
Development Agreement and Tax Abatement Agreement (the"Agreement") under the 5 in 5
Housing In-fill Development Program (the "Program") adopted by the City Council on
January 10, 2022 by Resolution No. 2022-003; and,
WHEREAS, on February 10, 2020, the City Council of the City of Paris, Texas passed
Ordinance No. 2020-005 creating Reinvestment Zone 2020-1, designating certain areas
inside the city limits to be eligible for the Residential Tax Abatement Program; and
WHEREAS, Resolution 2022-003, City Council designated an area within
Reinvestment Zone 2020-1 as being eligible for the Program; and
WHEREAS, on April 12, 2021, the City Council approved resolution 2021-012 re-
authorizing the City to become eligible to participate in residential tax abatements and
approving guidelines and criteria for the residential tax abatement program; and
WHEREAS, the Program has additional criteria and guidelines for participation in
said Program, including criteria and guidelines for eligibility for residential tax abatements;
and
WHEREAS, Owner has submitted an application under the program to construct a
new apartment building with ten (10) dwelling units on property owned by him in the 300
block of West Sherman St. in Paris,Texas (hereinafter"Improvements"); and
WHEREAS, city staff has reviewed the application and the location of the above
described residential apartment building(hereinafter"Improvements") and has determined
that the property is located within the boundaries of the defined geographic area and meets
the requirements for Improvements set forth in the Guidelines and Criteria for the 5 In 5
Housing In-Fill Development Program as set forth in City Resolution No. 2022-003.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PARIS,TEXAS,THAT:
Section 1. The findings set out in the preamble to this resolution are hereby in all
things approved.
Section 2. That the terms of the Economic Development Agreement and Tax
Abatement Agreement and the property the subject thereof ineet the City's Guidelines and
Criteria for Tax Abatement adopted by the City of Paris by Resolution No. 2022-003 and will
lead to the economic development of the Program Area described in said Resolution No.
2022-003.
Section 3. That the terms and conditions of the proposed Agreement attached
hereto as Exhibit A and incorporated herein by reference,having been reviewed by the City
Council of the City of Paris and found to be acceptable and in the best interests of the City of
Paris and its citizens,be,and the same are hereby,in all things approved.
Section 4. That the City Manager is hereby authorized to execute the Agreement
and all other documents in connection therewith on behalf of the City of Paris substantially
according to the terms and conditions set forth in the Agreement attached hereto as Exhibit '
A.
Section 5. That the planned use of the property the subject of the tax abatement
will not constitute a hazard to public safety,health, or morals.
Section 6. That this approval and execution of the agreement on behalf of the City
is not conditioned upon approval and execution of any other tax abatement agreement by
any other taxing entity.
PASSED AND APPROVED this 27�day of June, 2022.
�itii7Gfi{Fll/���d
`,�,.���-�HE erTy',,�,,�
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:�,�: '••-o= Paula Portugal, Mayor
ATTEST: _�'• �=
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�0��/tl1 ��N�e�e�.
J ice Ellis, City Clerk
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APPROVED AS TO FORM:
. �
.
Stephani H. Harris, City Attorney
THE STATE OF TEXAS )
)
COUNTY OF LAMAR )
ECONOMIC DEVELOPMENT AND RESIDENTIAL TAX ABATEMENT
AGREEMENT
This Economic Development and Residential Tax Abatement Agreement (hereinafter the
"Agreement) is entered into by and between the CITY OF PARIS, TEXAS, a home rule
municipality, situated in Lamar County, Texas, acting by and through its authorized officer
whose signature appears below (hereinafter called "CITY"), and SKY-MAR VENTURES,
LLC (hereinafter referred to as "Owner").
WITNESSETH:
WHEREAS, on February 10, 2020, the City Council of the City of Paris, Texas passed
Ordinance No. 2020-005 creating Reinvestment Zone 2020-1, designating certain areas inside
the city limits to be eligible for the Residential Tax Abatement Program; and
WHEREAS, after a public hearing on January 10, 2022, the City Council passed
Resolution No. 2022-003 stating its intent to establish the 5 In 5 Housing In-Fill Development
Program (hereinafter "the Program") including a low cost land sale and residential tax
abatements and adopting guidelines and criteria for the Program; and
WHEREAS, Resolution 2022-003, City Council designated an area within Reinvestment
Zone 2020-1 as being eligible for the Program; and
WHEREAS, on April 12, 2021, the City Council approved resolution 2021-012 re- ,
authorizing the City to become eligible to participate in residential tax abatements and approving
guidelines and criteria for the residential tax abatement program; and
WHEREAS, the Program has additional criteria and guidelines for participation in said
Program, including criteria and guidelines for eligibility for residential tax abatements; and
WHEREAS, Owner has submitted an application for a 5 In 5 Housing In-Fill
Development project to construct a new apartment building with ten (10) dwelling units on
property owned by him in the 300 block of West Sherman St. in Paris, Texas (hereinafter
"Improvements"); and
WHEREAS, city staff has reviewed the application and the location of the above
described residential duplex improvements (hereinafter "Improvements") and has determined
that the property is located within the boundaries of the defined geographic area and meets the
requirements for Improvements set forth in the Guidelines and Criteria for the 5 In 5 Housing In-
Fill Development Program as set forth in City Resolution No. 2022-003.
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NOW, THEREFORE, in consideration of the terms and conditions referenced herein,
and other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the City, and Owner, (collectively referred to as "Parties") hereby mutually agree
as follows:
Component Parts
This Agreement comprises two component parts, including an economic development
agreement pursuant to Texas Government Code Chapter 380 and a residential tax abatement
agreement pursuant to Texas Tax Code Section 312.
Terms Applicable to both the Economic Development Agreement and the Residential Tax
Abatement Agreement:
I.
The Properties—Areas to be Improved
1.1 The Improvements defined in paragraph III below and made the subject of this
Agreement shall be located on the Properties located in Paris, Lamar County, Texas more fully
described in Exhibit 1 attached hereto and incorporated herein by reference, which Property is
within Reinvestment Zone No. 2020-1 and within the area set forth in the Program:
• 332 W. Sherman, City of Paris Block 118, Lot 17-A(LCAD# 15936)
• 338 W. Sherman, City of Paris Block 118, Lot 18 (LCAD# 15938)
• 348 W. Sherman, City of Paris Block 118, Lot 19(LCAD# 15939)
• 358 W. Sherman, City of Paris Block 118, Lot 20(LCAD# 15940)
II.
Consideration--Improvements
2.1 The Improvements to be completed consist of constructing a new apartment
building comprising ten (10) residential dwelling units upon the above described parcels and as
more fully described in the application for the Program attached hereto and incorporated herein
as Exhibit 2 and incorporated herein by reference. Said Improvements must be completed within
the term of the Economic Development Agreement, set herein to expire on April 10, 2027.
2.2 The total estimated value of the Improvements to be constructed on the above-
referenced parcels is FNE HUNDRED THOUSAND AND NO/100 DOLLARS
($500,000.00).
2.3 Owner shall obtain City approval for all necessary platting (if required) and plans,
building permits, green tags and a Certificate of Completion from the City of Paris.
2.4 Owner shall allow city inspectors' access to the Property and Improvements
throughout construction and completion of Improvements.
2.5 Owner agrees and covenants that it will diligently and faithfully construct the
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Improvements referenced herein in a good and workmanlike manner within 12 months of
obtaining building permits from City for each structure. Owner further covenants and agrees that
construction of the Improvements will be in accordance with all applicable state and local laws,
codes and regulations or Owner will procure a valid waiver or variance thereof.
2.6 Owner shall contact City Building Official for final inspection once
Improvements are completed and obtain a Certificate of Completion for the new residential
dwellings as completed.
2.7 Owner shall notify the Lamar County Appraisal District upon completion of
Improvements and request an updated appraisal of the Improvements.
2.8 Owner shall provide City with appraised value of Improvements upon receipt of
same from Lamar County Appraisal District.
2.9 Owner may not use the parcels described in Section 1.1 for any other purpose
other than to construct the Improvements set forth in this Article. Use of any parcel for any other
purpose shall constitute a separate act of default of the Agreement and will trigger the default
provisions and remedies set forth hereunder.
III.
Terms Specific to the Economic Development Agreement—
Texas Local Government Code Chapter 380
A. Term
3.1 The term of this Economic Development Agreement shall commence on June 27,
2022 and shall continue for a period of five(5) years ending on June 26, 2027.
B. Reduced Fees for Building Plan Review and Permitting
3.2 In consideration for Owner's construction and completion of the above-referenced
Improvements, City agrees to reduce rates for building plan review by one hundred percent
(100%) and permit fees by seventy-five percent (75%) for each dwelling unit constructed
pursuant to this Agreement.
C. Reduced Fees for Water and Sewer Tap Labor
33 In further consideration for Owner's construction and completion of the above-
referenced Improvements, City agrees to reduce rates for water and sewer tap labor fees by
seventy-five percent(75%)where required b}'the City's Public Works Department.
D. Local Purchasing
3.4 As further consideration for the incentives granted herein, where possible, Owner
shall purchase building materials and fixtures from vendors located within the City of Paris.
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E. Default
3.5 lt shall be an act of default of the Economic Development Agreement should
Owner fail to construct and compete all of the Improvements specified herein within the five (5)
year term set forth herein.
IV.
Terms Specific to the Residential Tax Abatement Agreement—
Texas Tax Code Chapter 312
A. Term
4.1 The term of this Tax Abatement Agreement shall commence on April 11, 2022. The
abatement period shall commence on January 1 of the year fol]owing City's issuance of a
Certificate of Completion on said Improvements and end on the fifth (5`�) anniversary of the
commencement of the abatement period.
B. Abatement
4.2 Subject to the terms and conditions of this Economic Development Agreement and
Tax Abatement Agreement, and in further consideration far the construction and completion of
the Improvements required herein and subject to the rights and holders of any outstanding bonds
of the City, a portion of the ad valorem property taxes assessed upon the Improvements and
otherwise owed to the City shall be abated for a period of five (5) years in an amount equal to
100% per year of the taxes assessed upon the increased value of the Improvements made by
Owner to the Properties described in Section 1.1 of this Agreement, over the value in the year by
which this agreement is executed (the `Base Value"), in accordance with the terms of this
Agreement and all applicable state and local regulations or valid waivers thereof; provided that
the Owner shall have the right to protest or contest any assessment of the Properties, and said
abatement shall be applied to the amount of taxes finally determined to be due as a result of any
such protest or contest. For the purposes of this Agreement, the Base Value of the existing real
property shall be deemed to be the value as shown on the tax rolls of the Lamar County
Appraisal District as of January 1, 2022.
43 This abatement is granted in accardance with the City's Guidelines and Criteria
for the Program, a copy of which is attached hereto as Exhibit 3 provided, however, in the event
of any conflict between this Agreement and the Guidelines and Criteria for the Program attached
hereto as Exhibit 3, this Agreement shall control.
4.4 Upon receipt of the documentation set forth in Article II and in Section 5.6 herein,
City will notify the Lamar County Appraisal District to begin the tax abatement.
C. Default
4.5 If (a) the Improvements for which an abatement has been granted are not
completed in accordance with this Agreement (within five (5) years of the effective date hereo�;
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or (b) Owner allows its taxes owed the City to become delinquent and fails to timely and
properly follow the legal procedwes for protest or contest of any such; or (c) Owner materially
breaches any of the other terms, provisions or conditions of this Economic Development
Agreement and Tax Abatement Agreement, then owner shall be considered in default of this
Agreement. In the event Owner defaults in its performance of either (a), (b), or (c) above, then
City shall give Owner written notice of such default and if Owner has not cured such default
within sixty (60) days of said written notice, this Tax Abatement Agreement may be terminated
by the City. Notice of default shall be given in accordance with Article V of this Agreement.
4.6 As damages in the event of default, and in accordance with the requirements of
Section 312.205(a)(4) of the Tax Code of the State of Texas, all taxes which otherwise would
have been paid to the City without the benefit of abatement, including taxes on those dwelling
units constructed and completed according to the terms of this Agreement, together with interest
to be charged at the statutory rate for delinquent taxes as determined by Section 33.01 of the
Property Tax Code of the State of Texas, with all penalties permitted by the Property
Redevelopment and Tax Abatement Act and the Tax Code of the State of Texas, shall be
recaptured and will become a debt to the City and shall be due, owing, and paid to the City
within sixty(60) days of the expiration of the above-mentioned applicable cure period as the sole
remedy of the City, subject to any and all lawful offsets, settlements, deductions, or credits to
which Owner may be entitled.
V.
Additional Terms applicable to both the Economic Development Agreement and
the Tax Abatement Agreement
A. No Conflict of Interest.
5.1 The Owner represents and warrants that neither the Properties nor the Improvements
include any real or personal property that is owned or leased by a member of the Paris City
Council or the Planning and Zoning Commission or any member thereof having responsibility
for approval of this Agreement.
B. Conditions.
5.2 The terms and conditions of this Agreement are binding upon the parties hereto
and their successors and assigns.
5.3 It is understood and agreed between the parties that the Owner, in performing
its obligations hereunder, is acting independently, and the City assumes no responsibility or
liability in connection therewith to third parties; and Owner agrees to release, indemnify
and hold the City its elected officials, officers, employees and attorney�s harmless from
any claims, lawsuits, damages, costs or attorney's fees related to this Agreement. It is
further understood and agreed among the parties that the City, in performing its obligations
hereunder, is acting independently, and the Owner assumes no responsibility or liability in
connection therewith to third parties and, to the extent permissible by law, the City agrees to
indemnify and hold harmless the Owner therefrom.
5
C. Compliance Provisions
5.4 The Owner agrees that the City, its agents and employees, shall have reasonable
right of access to any and all records concerning Owner's investment in the Improvements for
the purpose of conducting an audit of the Residential Improvements. Any such audit shall be
made only after giving the Owner notice at least fourteen (14) days in advance and will be
conducted in such a manner as to not unreasonably interfere with Owner's property. Upon
� request, the Owner will provide the City with a detailed list of all Improvements, including a
list of materials used and cost thereof.
5.5 The Owner further agrees that the City, its agents and employees, shall have
reasonable right of access to the Property to inspect the Improvements in order to insure that
the construction of the Improvements are in accordance with this Agreement and all applicable
state and local laws and regulations or valid waiver thereof. After completion of the
Improvements, the City shall have the right to enter the Property and conduct an inspection of
the completed Improvements.
D. Initial and Annual Reporting.
5.6 The Owner further agrees that it will, within thirty (30) days of completion of
the Improvements and issuance of a Certificate of Completion by the Ciry, provide the CITY
with a sworn report, written on Owner's letterhead and signed by a designated representative
of Owner, which contains the following information:
(a) A copy of the printout from the Lamar County Appraisal District showing
the market value of the Property prior to the construction of the Improvements;
(b) Detailed description of the Improvements;
(c) A copy of or identification of plans and specifications of constructed
improvements and the location of the same for inspection by City's Building
Official;
(d) The actual cost of the specific capital Improvements; and,
(e) The date of substantial completion of the specific Improvements as defined ��
in paragraph 2.1 hereof; and
(� Receipts showing that the purchase of building materials and fixtures from
for the construction were made from vendors within the City of Paris, when
possible.
5.7 Owner further agrees that it will provide Ciry with an annual, sworn report
which shall certify, in writing, that it is in compliance with each applicable term of this
Agreement. Such annual report shall be furnished on the forms provided by the City.
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E. Authority to Contract.
5.8. This Agreement was authorized by resolution of the City Council at its regularly
scheduled meeting on the 27th day of June 2022, which further authorized the City Manager to
execute the Agreement on behalf of the City.
5.9 This Agreement was entered into by Owner pursuant to the authority granted to
the authorized official whose signature appears below.
5.10. This Agreement shall constitute a valid and binding Agreement between the
City and Owner when executed in accordance herewith, regardless of whether any other taxing
unit executes a similar agreement for tax abatement.
F. Legal.
5.11 No officer, official or agent of the City has the power to amend, modify or alter
this Ageement or waive any of its conditions or to bind the City by making any promise or
representation not contained herein.
5.12 This Agreement, except by operation of law, shall not be assigned or transferred
by Builder, without the prior written consent of City, which consent shall be at the sole
discretion of the City.
5.13 Any written notice required or permitted under the terms of this Agreement shall
be given and be deemed to have been duly served if either (1) delivered in person, or (2)
deposited certified mail, return receipt requested, postage prepaid in the United States mail,
addressed to the designated representative of the respective parties which are designated as
follows:
OWNER:
Sky-Mar Ventures, LLC
Attn: Skyler Burcinal
1324 N. Main
Paris, Texas 75460
CITY:
CITY OF PARIS, TEXAS
Attn: City Manager
P. O. Box 9037
Paris, TX 75461-9037
With a copy to•
City Clerk, City of Paris, Texas
(Address same as above)
5.14 If any term or provision of this Agreement shall be declared unconstitutional or
void by any court of competent jurisdiction, the constitutionality and validity of the remainder
7
of said Agreement shall not be affected thereby, and to this end the terms and provisions of
this Agreement are declared to be severable.
5.15 This Agreement sets forth the entire understanding between the parties, and any
other understandings or agreements shall be canceled and superseded by this Agreement upon
the date of execution hereof. None of the terms of this Agreement shall be waived,
discharged, altered or modified in any respect, except by an Agreement in writing signed by
both parties and specifically referring to this Agreement. The captions in this Agreement are
included for convenience only and shall not be taken into consideration in any construction or
interpretation of this Agreement or any of its provisions. This Agreement is performable in
Lamar County, Texas, and shall be governed by, construed and enforced in accordance with
the laws of the State of Texas. The provisions of this Agreement shall apply to,bind and inure
to the benefit of the City, Owner, and their respective successors, and permitted assigns, if any.
5.16 Venue for any actions arising under this Agreement shall lie exclusively in the
courts of Lamar County, Texas, for any State Court action, and in the U.S. District Court for
the Eastern District of Texas for any federal court action.
Signature page to follow.
8
WITNESS our hands this day of , 2022.
THE CITY OF PARIS, TEXAS
By:
Grayson Path, City Manager
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, City Attorney
SKY-MAR VENTURES, LLC
By:
Skyler Burchinal, President
BEFORE ME, the undersigned authorit , on this da ersonall a eared Gra son Path Ci
Y Y P Y PP Y � tY
Manager of the City of Paris, known to me to be the person whose name is subscribed to the
foregoing instrument, and acknowledged to me that he executed the same for the purposes and
consideration therein expressed and in the capacity therein stated.
GNEN UNDER MI' HAND AND SEAL OF OFFICE this day of June, 2022.
Notary Public, State of Texas
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BEFORE ME, the undersigned authority, on this day personally appeared Skyler Burchinal,
President of Sky-Mar Ventures, LLC known to me to be the person whose name is subscribed
to the foregoing instrument, and acknowledged to me that he executed the same for the
purposes and consideration therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this_day of June, 2022.
Notary Public, State of Texas
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LIST OF EXHIBITS TO THIS AGREEMENT:
1=Property Description
2 = Owner's 5 in 5 Program Application
3 = City's Guidelines and Criteria for 5 In 5 Housing In-Fill Affordable Development
Program
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192330-2022 WD
03/31/2Q22 02:37 PM Total Pages: 4
Ruth Sisson, County Clerk- Lamar County, TX
BY:STONE TITLE COMPANY, INC
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NOTIC�AF CONFID�NTIALITY RiGHTS: IF YOU AR�A NATi]RAL`P�RSON,
YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INF'UIt.�Yf�ATION
FR4M ANY INSTRiJMENT THAT TRANSFERS AN INTEREST IN REAt PROPERTY
BF,CORE IT IS FILED FOR RECORD IN THE PUBLIC R�CORDS:;';�YbUR SOC�AL
SF,CUItITY NUMBFR OR YUUR D�VER'S LICENSE NUMBER. ,��`' ! ;'
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WARRANTY DFF,n ,---___. '�•� ,
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) KNOW ALL MEN BY THES�'PItESE�+I'�'S:
COUNTY OF LAMAR ) - �----' '
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TIIAT I, ST�V�LANDERS, a singlc person (here�n c�11ed"'pr�ntor"), of the County of
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Lamar, 5tatc of"1'cxas,for and in conside��ation of the sum of 1'en(�1U�A0)�nd more llollsi�cash to
me in hand paid by�KY-MAR V�NTURES,LLC;A Texas Limited Liability Company, receipt
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of which is hereby acknowledged; and . � � ' ,'
have Gt�nted,Sotd and Conveyed,And hy tH��e}irc:s�nts do Grant,Scl!�nd CUnvey unto SKY-
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MAR VENTUI2ES, LLC, A Texas Y.imited.�;i�bllity Coml�any (herein called "grantec"), of the
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County of Lamar,Stat�of Texas, wliQre its inaili�g�address is 2625 Spur 139, Yaris, '1'exas 75462, alt
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that certain tract or paccel of lat�d in l:amar-E�unty,'1'exas,described as f�tlows:
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SEE EXHIBT'I' "1�►'iA'T"�'AC�ED HERETO ANT� MAI�F A PART HF,REOF FnR ALL
NECESSARY PURP05RS, , " �' �
The conveyance�evide�iced by this deed is made subjcct to any and all casentcnts, rights-of-wAy,
restrictions,covcn&nt�;co�i�onc and reservation ofrecnrd�pp!icnblc to the witlii»dcscribed property or any
pait tl�crcof.
T�:I�AVI�;AI�D TO HC)LD the within described premiscs,togethcr with all and singular the
rights ai�d szppu�tenarices therctu in anywisc bcfonging unto SKY-MAR VENTUItES,LLC,A Texxs
Limi�tc:si_Lia�b�iity Company, its successors or assigns forever, and gra��tor hereby binds himselt; his
heirs,exect:�tt�rs,adminisUators,personal representatives,successors and assigns,to Warrant and Forever
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' Defend,�all and singular the said premises unt� SKY-MAR VENTURES, LLC, A Texas Limited �
L�a�,i�ty comn�,�y, iis successors and assigns,against cvery person whomsocver lawfully claiming or
to claim the s�me,or any part thereof.
Exh�b�� (
1y1S;SU-'1U11 U;Sl;i7l'1U11 UL:si:S� NM rage 1 oi 4
192330-2022 Page 2 of 4
WITNESS my hand fhis �%��day of March, 2022.
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COtINTY OF LAMAR ) ;,;" -. - _�"
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THIS instrument was acknowlcdged bcfore me on the '�'�.. dny.�d#�March,2022, by STEVE
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At+'I'ER�tECORDING RE'1'UI2N TO: PREPARF,D IN Tki�LAW OFFIC�OF':
Sky-Mar Ventures,LLC Casey Gaiu,Attorney(ar)
2625 Spur 139 c/o'I'!ie Moore Law Pirm,i..L.P.
Paris,TX 7S4b2 IOU N. Main, Paris,TX 75460-4222
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'. County Daed Itecords;., � ., ,. � , .`-: ,. ..,:' .• .� . : `, ,';' -. � . ,
� , .2"her�ce'Weati�:�tith ,ttie�NB��iine � :,o:E'-•�said tract; 107:?��eet,� . � . .
� a stako " . ' . • �A ' � . . � . . . ' .-``Y-'_ - - _ . . .,
� Thonce South �.6;g 'feet�sf�a ��take;�� . � ; ���t'� :' ��� ��� � .' . - � , :� c
�Thonce �ast�.147�7 :�'�et .to��the; pl�:ae of':begi�rning•:..'.;,'� .. ,� - . .
. Being the eame .pr'operty"�eacr.i�b,ed �i� t�ie .de.�a�i; f��ra jK,�tb • . - . . ..
. CXarkson, a •w3.'daw, �Evy:.Lee. Raper,:,�V ���ia►�:Rs��d�;�E��r.k�nn;� . . _ . ; .
•Ophelia. Keny�n Gbldie• Wr�gh�..; Dovi�rG��deo ���nd���tu���:0�ipehart tio: •.
� Ja:c�C Reeves da�e� October. •21 �196�,4���rec�rd iiri :�a'ok �'�D3,;. �age' ' • - �- �
� 3$6, Lamar Cou�,t_v_'Deed_Re�or.�s:� . __ ' '' '_ � � � � ' '�`, ` '_ ; —_
_ ��+r. . .. .... � _ _' _'_'.tir." ". ...�� s - -s.�- � .
, �• -�_\ .`� .
i,� r ._ r�- .��-.��1 � _ _ ����
� ,. «.a'��L'_' =VJ���...'�3'i:..�. �(....._. .. �> �..r.,. -k+i:' .��-<�� �_ � �� 7 ...... � _ .r'
all tl��t cor,tain lot or parcel of 7.and`,S��.ua�e� `zin x.amar Coun�y, VTexaa, par� oi'
the I,arlcin Rattan. Survey and paxt of L��.�y,$�ocl� No. �.1F3.
- Be�a.nning 11�3 ft;.• �as� of the ;��ter�eG�tio� oP �he 1VB �.ine o� Shei�man 9t.
wa.th the E}3 l.ine of t�th S�. S�V, fori���r�.y desi.gnated Tr�vi� St., � ,
Tbence �ast 1�0 ft�. to �he �F-Qprner,,o�`a lot co.,nveyed by us to �I,. &I.
� Reed. � . ,�,.
Thence North wi�h t;he WB �.ane of �.t�e\�Zeed lot HU �t. a s�ake: � •
Thence �;est !�U �'i;. � stake:. r ' . �
Thence South 80 f�. to,'tha'�-�lac.e pf begi.nning,, as •gutr.veyo�c by FI. F. ,
•- �..�ckg, City En�3�.neer of t.�� ���X of`Yarxs, Texas on �:he lst �day of �7u:ly
� I94�. ' ' , ,.,. .
_ To �ive -and to .�o�:d; Q�"R. ; �
. ;- ,
�, � ' , .
; _
� ,
, . .
l y1;iJU-1U11 U:SI;S'll'1U11 U1:�/:51 h'M h'eg@ 4 Ot 4
����� � � 192330-2022 Page 4 of 4 •
Marvin Lester of tho �ounty of X�am�tr, �tgte o� Tex�xa a�i tha� oer�G��.n lo� or
pazcel o:C lan.ci si�uated a.n Lamar County, Texas, part of �he Zark3.n Ra'��an
Sux•vey and part of. Ci.ty Dloek No. 1��. �
• Be�inning 103 ft. Ea�t of the i.ntox�eotion of the N. �B. line o� Shvrma�a
St. with �he �. �. �.ine o�' l��h ��. �. W. , farmerly designa�ed Travis'��. ;
Thence North 6(� feet, a Pence aorner; ,� �.
Thenc-o �ast 27 �'set, a :��ako, the S. P. corner of Ed Harrison .l'c�'�;
Thenae North 59 feei:, a �take, �h.a N. �;. eornex o� Ed Hax��s�-_�n�;
� Thence �aat 27 fea�, r�• �'ettcs oorner; � ,;���., �'.-`
Thence Sout:h ].1� �eet, a f�nae oor.nox; �
. . Thenco Eas� t� feet, a cornex; " � �, ;",'�
. � Thenco Sout;h l��F #'eo� a fetace corner; . -` �'� '
. '.�'hence j►Jest 23. feat, a stt�ice; • �"��'�
Th en c� Sa►i�h �0 f e et, a s�al;o, , ,`:' �,,�� . ��
Thonce West 1�0 �eet �o the plr�oe of begi_nnin�. I , ;
To haao and t o hol.d, e�c. ; . • ' , % �
, , -
�,�-r . � � � � ��� . :� �! .
A3.1 t�st certaib ��� or par�el of iar��,� ��t�ted it� I�amar
ecu��,t3r, 3'e�cas and des�ribeal a� fo1lo�=s, te-�i�':J"
A part o� the Larkir� Rat�a� 3nrv�y, �i�1�in tbe �er�+�rate
3�.mits of tbe Gitp of Pari� or� �t�E:;b�rth side o#" �Test' 3herma�t
. �treet, a�d bei�g the �ame ��t o�nvey�i��,te M;;�(. Bacaus bp 1�.
� C� PI�pk�rie� o�a Au�st 26, 7.912, �y deed '�P,,record in Vo1. 1t��.�
�age ].5� Lae�ar ��unty Dsed l�a¢o�s;-�-----� '�-'�
BQ���i�ig a� tl�e SF� aart�er vf�,a,;'l�i�-.+s�id b� G. �. Bxmad
Adm, t� M. V. Baccu� an MarE2��9, �:�t�,9 by daed of r$cox�d i� �ol.
129, �a�e i2 �ae�ar �ou�ty As�d�Rec@r�s; .
The�ae �as� wi.tk� �k�e :�T.--;:B. �3;�;�+te��,'af West ��erraasi 5treet
1�0 fset; ,'�"" ,
�ha�ee Nert� $� .fe��t; �-., ,
T�e�ce West y.0 feeL���.t�p Bac�t}� N. 8. Eorner�
�'hence 3oxth wft#�:�8accbcs Z�n� $4 fest to ��e pl.aca m� be-
git�ain�. , > ,�'�. _,
Being the sa�ae �prv�er��..desar.fbed #n the deed fr�m i�I. T,.
A�dams az�d �ii's �.u�a ,�dams, �t� Jack K. Heeves� dated du�e 7
� 14��, of recorc� ,i�,.ba�iar Gsuaty De�d Heaorel �iook 3'�7, P��� �4$,
re�erenced hex�e�n �'m��a11 aece�epr� A�rnoses.
, ;. ,
��.�- �� � '�: - . . �' .
, }
' �fb:Couhq`oY _ Letmli� ,51n1a of T8xd0^� �
tYaF�.or' ap Wt a+Wa
as �0 2 ��i ot land �ituatg9 �rs Ilamer Cbuntyi !�exas, and desotibod
� ai•e, to-s►iti
. �►�patt of tha T.brkin Anttan Survey with�n �ho oorporate 13mita o! 1
. ' �tha�.ty_o�'Paris in Lamnr Ccwity, Taxaa, situat.Qd at the tt� cornor o� I
,._ s3� interaactSaa of 6her�uan SCzeat and �th atrest 9Nf
.i �. • B�GZNNl�ta ai uaid corner/ .
1 ��, '�TJISNC� Liorth 8� faet� •.
� � xlie�tCE•Sa�t 63 fe�t�
. . ., Tr�tcB 6cuth 80 feec to the Na iine o! 8herman gtreat�
� ` TSENCE �test with tho 2aE 2ine of Shuxman 8trnea b9 teot to che
p?�oa ot beg,inil3ng. The abovs desasibeii �roperty is t1u aa�ma as that '
• i�sorltw3 3n Cood f�ou C. Z: gmacl, ]�t:u�n al:xat.or. to M. V. �aoau�,
--4L ux, dttad �taroh 9� 1909� zaoarQi3 l�t1 Hook 1�9� yaq� 12e D�sd RoodYds�
Y,�ssr CoumtY. T�uat, r�i�rwnC. to whieh is;bara msds tor alx a�a.ssa,ry
pu�s�s. ' • • .l y�
�
CITY OF PARIS,TEXAS
APPLICATION FOR RESIDENTIAL TAX ABA1'EMENT
Prn Owner: _
Pe�Y
Name Ciarent: Name Planned:
Mailing Address: ,
Telephone Number� ; __ �• t . , . , .
, __ � .,
Bur�der or Contact(�'difl'erent than cnrrent/planned owner): -- . _—
Name: ,t �� �
Mailing Address•� � . rL ,; F � ,�;.: State GC License Nd:
Tel hone Number: ; ,- i `; ;�l
,
eP . . email �: �.; - � ;�� �; �� � t��...
..,��;. . ;
Property Parcel(s)For Low Cost Land Ssle and Txa Abatement: '
{Please submit an attached list of addresses and/or LCqD#'s an Excel Spreadsheet,if possible)
Street Addres�es:
3�� _33��{ 3� , _.4 � � _
�_t�=- 4'' ,:�
_. —
i,can#�s -- -
15 ; �; � : � 5�j�o t __ t�°1 3 (�
- ---- -- _
Summary Legal Description Lot• ', Block•_ �;. Addition: � '•; . � y,-, t . ;
P�11 Lega1 Description: Include as an attachment a full legal descriprion with metes and boimds
and a copy of the deed,if available.
Improvements:
Type impmvements for new Construction:SF 2F MF�No.of Dwelling Units: �, :----
Estimated Va1ue of Improveaients by type: F
Please attach a le.ndin.g institution pre-loan approval letter. Attached: Yes No
Estimated Start Date of Conshvction: ;, ;�__
Estimated Date of Completion of Project(s) — _ ._ .` . �, ,
Description of Project(attach site plan,floor plan,etc.:__�.: ______ ' � i___
�.___._,
Applicant(s)Signature: "�'����- ------___ .__ Date:
- ------ - Date:
Page 7 of 7
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RESOLUTION N0. 2022-003
A AESOLUTION OF THE C1TY COUNCIL OF THfi CITY OF PARIS, TEXAS
ESTABLISHING THE 5 [N 5 HOUSING IN-FILL DEVELOPMENT
PROGRAM; AUTHORIZING THE CITY TO BBCOME BLIGIBl.E TO
PARTICIPATE IN RESIDENTI.4L HOUSING TAX ABATEMENTS AND
APPROViNG GUIDBLINfiS,CRiTERIA AND AN APPLICATION FORM FOR
THE PROGRAM;MAKING OTHER FINDINGS AND PROVISiONS RfiLATBD
TO THE SUBjECT;AND DBCLARING AN fiFFECTIVB DATE.
WHERSAS, Sec.312.002 of the Texas Tax Code requires local taxing endties to state their
intent to participate in tax abatement agreements and to adopt guidelines and criteria for granting
such tax ahatements;and
WHEREAS,on October 14,2013 in Ordinance No.2013-036,the City Council designated
Reinvestrnent Zone No.2013-1 for residentiaI tax abatements;and
WHEREAS, concurrent with Ordinance No. 2013-036, the City Council also approved
Resolutlon No. 2013-036 electing to be eligible to participate in a residential t�x abatement
program and approving Guidelines and Criteria for Residentia] Tax Abatement Program as
required by statute;and
WHEREAS, on February 9, 2015, the City Council passed Ordinance Na. 2015-002
amending Reinvestment Zone 2013-1 for Residential Tax Abatements w expand it to include all
Council Districts in the City and designated the new reinvesiment zone as Reinvestment Zone No.
2015-1;and �
WHEItBAS, on January 9, 2017, the City Council approved Resolution 2017-001 re-
authorizing the City to become eligible to partidpate in residential tax abatements and approving
guidelines and criterial for the residential tax abatement program;and
WHBREAS, on April 22, 2019, the City Council approved Resolution 2019-013 re-
authorizing the City to become eligible to paracipate in residential tax abatements and approving
guidelines and criterial for the residential tax abatement program;and
WHEREAS,in 2020.City Council re•authorized Reinvestment zone 2015-01 and renamed
it.Reinvestrnent Zone No.2020-1;and
WHEREAS, on April 12, 2021, the City Council approved Resolution 2021-012 re-
authorizing the City to become eligible to participate in residential tax abatements and approving
guidelines and criberial for the residential taac abatement program;and
WHEREAS, pursuant to Texas Tax Code Sec. 312.002[c), guidelines and criteria for tax
abatements are effective for two years from the date adopted;and
WHERIIAS,the City Council desire to continue to participate in a residential tax abatement
program in the City of Paris and has now been presented with a new program to be known as the
"5 In 5 Housing In-Fill Development Program" {the "Program") with specific guidelines and
criteria for residential t�abatements entered into pursuant to Program;and
�h����� 3
� ,
WHEREAS, the City Councfl has identified a specific geographic area within the City of
Paris and within Reinvestrnent Zone 2d2 U-1 in which lie properties eligibile for the Progtam;and
WHEREAS� the City Council wishes to offer other incentives in the Program through
Chapter 380 of the Texas Government Code;and
WHEREAS,said the City Council finds that Pmgram and the incentives offered therein will
contribute to economic development within the Program area and the Reinvestrnent Zone through
the provision of much needed h�using for workforce for industries and other employers within
the City;and
WHEREAS, on January 10, 2022, the City Council conducted a public hearihg regarding
the Program guidelines and criteria for residential tax abatements,and having taken into acoount �
any testimony from said public hearing, wishes to adopt the Program and the guidelines and
criteria for residentlal tax abatements set forth therein;
NOW, 'THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS,
TEXAS,THAT:
Section 1. The findings set out in the preamble to this resolution are hereby in all things
approved.
Section 2.The City hereby adopts the"5 In 5 Housing In-Fill Development Program,"a copy
of which is and attached hereto and incorporated her�in as Exhibit "A," elects to be eligible to
participate in a residential tax abatement program under said Pmgram,and adopts the Guidelines
and Criteria for residential tax abatements contained in said Exhiblt"A.°
Secdott 3. The City Council hereby designates the de8ned geographic area for properaes to
be eligible to participate and enter into an agreement for the"5 In 5 Affordable Housing in-FYlI
Program",a map of which is attached hereto and incorporated herein as Exhibit"B".
Sectlon 4.In order to qualify for the Program,an applicant shall agree to cons�uct at least
five (S)new residential dwelling units on one(1] or more parcels within the boundaries set out
in Sxhibit"B", which area lies within Reinvestrnent Zone 2020-1,within five(5)years of entering
into an Economic Development Agreement and Tax Abatement Agreement with the City.
Sectlon 5. This resolution shall become effective from and after the date of passage.
PASSED AND APPROVED this 10� day of January,2022.
.---, �-_
��..���'�HE ClTy'��.� �rt'
ra�p�c,�•. • ..,0�-�, Paula Portugal,May
ATTEST: :��� ` �_�y�
_�n: E�i,:
` ,?,y,t 'r: .r,rE
'+�,,� ����y'
�. .a��tt��
ice Ellis,City Clerk
APPROVED AS TO FORM:
Step a ie H.Harris.City Attorney
5 IN 5 HOUSING IN-FILL DEVELOPMENT PROGRAM
GUIDELINES, CRITERIA AND APPLICATION FORM
CITY OF PARIS, TEXAS
January 10,2022
I. GENERAL PURPOSE AND OBJECTIVES
The City of Paris, working with our local government partners, is seeking to provide a series of
builder incentives designed to encourage new home construction for the purpose of neighborhood
revitalization and the provision of work force housing. New home construction within the existing
interior of the community can have a positive effect towards reinvestment in our neighborhoods
by providing stability and enhanced character,as well as a means to expand our community's local
labor force. Focusing on the existing interior of the City allows the builder to utilize existing
infrastructure rather than the extension of costly streets and utilities in undeveloped lands at or
beyond the urban fringe.
To achieve this purpose, the City will offer a series of incentives:
1. Where applicable, the City will provide low cost residential lots in the Program Area in tax
foreclosure city receivership. If a builder obtains properties through other traditional means
within the Program Area, other incentives within this policy may apply.
2. The City will offer a five (5) year 100%residential tax abatement of City property taxes.
3. The City will offer reduced rates on building plan review and permit fees.
4. The City will offer reduced rates on labor charges on water and sewer tap fees.
The city staff will work with interested builders to identify parcels from a pool of tax sale lots in
trustee status to develop a list of properties that will be suitable for the construction of new
dwelling units. This may consist of single-family, two-family, medium density, or high density
residences. Prior to any construction occurring from which the builder is seeking incentives, the
builder will enter into an Agreement to be approved by the City Council for the construction of a
minimum of five(5) or more dwelling units on one(1)or more parcels. Each of the dwelling units
subject to the Agreement must be constructed under the terms of the agreement within five (5)
years from the date of the Agreement, unless such deadline is extended by subsequent approval of
the City Council. A11 parcels under the Agreement must be built upon within five (5) years to
satisfy the terms of the Agreement. Failure to achieve this goal wi11 result in certain claw backs as
provided in the Agreement. All applications shall be considered on a first come, first serve basis.
There will be no income guidelines under this program for occupants of the dwelling units,whether
owner or renter occupied. In the event the applicant constructs a new dwelling unit and sells said
unit, the tax abatement shall lapse and be terminated as to that parcel unless the City Council
approves an assignment of the tax abatement agreement to the new owner.
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In order to further encourage local development, employment and enhancement of our economy,
to be eligible for incentives in this policy, building materials and fixtures used in the construction
of new dwelling units, where possible, must be purchased locally within the City of Paris.
II. DEFINITION OF TERMS
Act - The Property Redevelopment and Tax Abatement Act, Texas Tax Code Ann. 312.001 et.
seq., as amended from time to time.
Agreement- A contractual agreement between an applicant and the City of Paris far the purposes
of a 5 In 5 Housing In-Fill Development Program to include an economic development agreement
pursuant to Chapter 380 of the Texas Local Government Code and a residential tax abatement
agreement pursuant to the Act.
Applicant - An owner, proposed owner, builder or authorized agent of the owner of eligible
property seeking an agreement under this policy.
Base Year Value — The assessed value of eligible property on January 1, preceding the date of
execution.
Eligible Property - Property located in the defined Program Area, whether foreclosed on due to
taxes or not. Also, property located outside the Program Area if foreclosed on due to taxes.
New Structure-Residential improvements made to a property previously undeveloped ar a vacant
parcel which is placed into use by means other than by expansion or modernization without full
demolition of an existing substandard or condemned structure.
Program Area-An area depicted in"Exhibit B"of the approved resolution for the 5 In 5 Housing
In-Fill Development Program, which area is wholly within the boundaries of Reinvestment Zone
2020-1 for the purpose of residential tax abatements.
Residential Improvements - The construction of new residential structures and all the
appurtenances thereto. This term includes single family, duplexes and multi-family structures.
Value of Improvements — The appraised value of the Residential Improvements as determined
by the Lamar County Appraisal District and as described in the Ageement.
III. ELIGIBILITY AND GUIDELINES
Real property is determined eligible under this policy as provided in the Definitions. If property
is eligible, an Applicant may apply for an Agreement to receive incentives provided for in this
policy. For tax foreclosed properties, all taxing jurisdictions shall be required to sign off on the
low cost land sale according to the provisions of State Law prior to transfer of the property to the
applicant.
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Minimum Investment—To be eligible for residential tax abatement, an Applicant must construct
a new structure or structures on the property parcel(s) identified in an Agreement between the
applicant and the City.
Incentives
L_ow Cost Sale of Foreclosed Properties— As part of their agreement, an applicant may choose to
purchase eligible properties that are in a state of tax foreclosure. These properties are strictly first
come, first serve and the City makes no warranty on having available properties for this incentive.
The City will work with the Lamar County, Paris Independent School District, and Paris Junior
College to seek a low cost sale of the foreclosed property, but the City can only guarantee a low
cost of its share.
Tax Abatement - An Applicant who has satisfied all the criteria and guidelines for the low cost
property sale and residential tax abatement as set out herein, will be eligible for a 100% five (5)
year tax abatement on each parcel on which a dwelling unit or units are constructed and completed.
The abatement will become effective on January 1 St of the year following issuance of a Certificate
of Completion following final construction inspection. As provided in the Act, a tax abatement
may only be granted for the value of the Residential Improvements which exceed the base year
value of the property and which are listed in an Agreement between the City of Paris and the
applicant, subject to such limitations as the City of Paris may require. The base value will be set
as of January 1 S'of the year in which the Agreement is executed. Upon completion of construction,
the Applicant shall provide a copy of all material and fixture purchase invoices to prove that those
materials and fixtures were purchased locally within the City of Paris when possible. The tax
abatement is available only for improvements made after the execution of the Agreement.
The Agreement may not be approved by the City Council until at least thirty(30) days after
notice of the consideration and possible action on the Agreement has been posted.
Reduced Fees for Building Plan Review and Permitting—The Applicant will be entitled to reduced
rates for building plan review and permit fees on a cumulative basis for all new dwelling units
under agreement with the City according to the following schedule:
Total Dwelling Units Plan Review Fee Discount Building Permit Fee Discount
5 —9 100% 50%
10— 19 100% 75%
20+ 100% 100%
Reduced Fees for Water and Sewer Tap Labor — The Applicant will be entitled to reduced rates
for water and sewer tap labor fees, where required by the Public Works Department, on a
cumulative basis for all new dwelling units under agreement with the City according to the
following schedule:
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Total Dwelling Units Water Tap Labor Fees Discount Sewer Tap Labor Fees
Discount
5 —9 50% 50%
10— 19 75% 75%
20+ 100% 100%
Claw Back Provision—The Applicant who enters into an Agreement with the City of Paris shall
construct at least five (5) or more new housing dwelling units on one (1) or more parcels within
five (5) years from the effective date of the Agreement, or the City shall have the right to �,
automatically take back any undeveloped parcel under the terms of the agreement and transfer of 'I
the property by all taxing entities. This shall be recorded with or as a part of the deed as a right of
reversion for all uncompleted construction lots deeded under this agreement against the property.
The Applicant may request approval of an extension for such failure to construct a new residential
dwelling unit(s), based upon reasonable circumstances, as may be approved by the City Council
under a subsequent revised agreement. Parcels under the agreement cannot be sold or assigned to
another individual except by prior approval and re-assignment of the parcel(s) and approval of a
new agreement by the City Council. Failure to meet the requirements of construction the minimum
of five (5) dwellings within the five (5) year period will result in a reversion of the all parcels
upon which Residential Improvements have not been constructed and completed to the City and
will result in the Applicant's being ineligible to participate in this program in the future.
As a further claw back provision, and in accordance with Texas Tax Code Sec. 312.205, the
Agreement shall provide for recapturing property tax revenue lost as a result of the agreement if
the owner of the property fails to make all the Residential Improvements as provided in the
Agreement regardless of how many dwelling units applicant builds.
Compliance with all other City Requirements — The Applicant shall be fully responsible for
compliance with all zoning, subdivision platting, and building code requirements as may
specifically pertain to the subject parcel(s) under the approved Agreement. The applicant shall be
fully responsible for all such costs which may include, but not be limited to: Zoning Changes,
Special Use Permits, Variances, Platting and Surveying Costs, Plan Preparation, and Building
Permit Fees.
IV. APPLICATION PROCEDURES
Applications for an Agreement with the City shall be reviewed for completeness. City Staff shall
determine whether the application satisfies guidelines and criteria and Staff may request additional
information or documents from Applicant. City Staff will make final recommendations on each
application to the City Council. Any Applicant desiring approval of an Ageement shall comply
with the following procedural guidelines. All applications shall be evaluated on their own merits
within the parameters of these Guidelines and Criteria.
1. Preliminary Application Steps
A. Applicant shall work with City Staff to identify eligible tax foreclosure City Trustee
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or other parcels within the defined geographic area. City Staff will provide a list
and corresponding map from which tax foreclosure City receivership parcels may
be reviewed. The Applicant may submit an application for this program
concurrently with an application for a building permit(s). If the Applicant for the
building permit is not the owner of the real estate and does not make application
for an agreement on behalf of the owner of the real estate and does not make
application for an Agreement on behalf of the owner, the City Staff shall notify the
owner (according to the most current records of the Lamar County Appraisal
District) by certified mail, return receipt requested, that the application must be
signed and filed with the City within ten (10) business days of receipt of the
affidavit of ownership notice.
B. A pre-approval letter must be attached to the application from Applicant's
financial institution stating that the Applicant will have financial capital available
to compete all new dwelling unit construction under the five (5) year Agreement '�,
with the City. Verification of such financial capability may be reviewed over the
course of the Agreement.
C. If the building permit applicant does not apply for an Agreement prior the time the
building permit is issued, or if the owner fails to respond to the written notice
availability of the Agreement, this policy shall be considered waived by the
applicant andlor owner. City Staff shall make a record to reflect owner's election
not to participate in the Program or to document that owner did not respond to
City's notice of opportunity to participate in the program. The refusal or waiver to
participate in the progam by the building permit applicant or owner shall be
binding on subsequent owners of the real property.
D. A complete legal description shall be provided with a copy of the current deed of
the land, unless the parcel(s) are being transferred by tax resale deed by the City
of Paris.
E. Applicant shall complete all forms and information detailed above and submit all
forms to the City of Paris Director of Planning and Community Development.
2. All information in the application package detailed above wil] be reviewed for
completeness and accuracy. Additional information may be requested as needed. If
necessary, Applicant will meet with City Staff to discuss details of the application and to
prepare presentation of the application to the City Council.
3. The application shall designate whether the dwellings(s)to be constructed are to be retained
for ownership, or sold to another owner upon completion of construction. Applicant shall
also provide an estimate of the value of improvements as required for building permit
application.
4. lf an application for the 5 In 5 Housing In-Fill Development Agreement is to be
recommended for approval by staff, then an Agreement as defined herein with the City of
Paris as prepared by the City Attorney for approval by the City Council.
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5. If the Applicant's property is not found to be eligible, the application will be rejected and
returned to Applicant.
6. The City Council reserves the right to amend these policies and guidelines as needed.
V. LEGAL DOCUMENTATION PREPARATION
The Director of Planning and Community Development and the City Attorney will be responsible
for drafting the required Agreement in accordance with state law and this Policy.
The legal document will include the following:
1. Estimated value of new structure or residential improvements to be constructed.
2. Total amount of value to be abated over five (5) years.
3. Effective date and the termination date of abatement.
4. Description of the Residential Improvements, schedule of completion, property
description, all required City approval requirements and a platted lot site plan or sketch of
the parcel(s) to be platted and developed.
5. Applicant agrees to make the new structure or residential improvements available for
inspection by City of Paris, or its authorized representatives, and Lamar County Appraisal
District (LCAD) during construction and upon completion of the project.
6. Contractual obligations in the event of default, violation of terms ar conditions, delinquent
taxes, recapture and administration.
7. A signed and notarized statement as an attachment to the application agreeing to construct
five (5) dwelling units on one (1) or more parcels within five (5) years from the date of
City Council approval of an Agreement,unless extended by the City Council,or consenting
to allo�v the City to automatically take back the parcel(s) under the initial terms of an
approved agreement.
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CITY OF PARIS, TEXAS
APPLICATION FOR RESIDENTIAL TAX ABATEMENT
Property O���ner:
Name Current: Name Planned:
Mailing Address:
Telephone Number: email:
Builder or Contact (if different than current/planned owner):
Name:
Mailing Address: State GC License No:
Telephone Number: email
Property Parcel(s) For Low Cost Land Sale and Tax Abatement:
(Please submit an attached list of addresses and/or LCAD#'s on Excel Spreadsheet, if possible) �
Street Addresses:
LCAD #'s
Summary Legal Description Lot: Block: Addition:
Full Legal Description: Include as an attachment a full legal description with metes and bounds
and a copy of the deed, if available.
Improvements:
Type improvements for new Construction: SF_2F_MF_No. of Dwelling Units:
Estimated Value of Improvements by type:
Please attach a lending institution pre-loan approval letter. Attached: Yes No
Estimated Start Date of Construction:
Estimated Date of Completion of Project(s)
Description of Project (attach site plan, floor plan, etc.:
Applicant(s) Signature: Date:
Date:
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