02-12-2024 Notice of Consideration of Tax Abatement Agreement - Invest Fannin LLCNOTICE OF CONSIDERATION OF TAX ABATEMENT ENT
Notice is hereby given that the City Council of the City of Paris shall meet in regular session
at 5:30 p.m. on Monday, February 12, 2024 to consider a potential residential tax abatement
agreement as part of the 5 in 5 Housing Infill Redevelopment Program as set forth below. The
meeting will be held at the City Council Chamber, 107 E. Kaufman Street, in Paris, Texas.
Daae to the Co VID outbreak , acemasks are enc our°caged for those in attendance of `the meeting
in the City Council Chamber. A video feed will be available for live viewing at
htt s./1p stexas. Dov/public. The matters to be discussed and acted upon are as follows:
I . Owner of FrolLegy. Invest Fannin, LLC
Applicant Invest Fannin, LLC
2. The Nae ---and Location of theReinvestment Zone: Investment Zone 20204,
encompassing the entirety of the corporate limits of the City of Paris, Texas. Properties
to be included in the abatement are:
• LCAD- 103422, Gibbons Braden Addition Block 16, Lot 5A, located on
17th St. SE.
• LCAD- 103421, Gibbons Braden Addition Block 16, Lot 5A, located at the
corner of 171h St. SE and Jackson St.
• LCAD- 18409, Lovette Addition Block 281 Lot 6, located at 1610 15" NE
St.
3. I'lW General Qpscri Aion of thg Mature of the Improvements or Repairs: 5 duplexes for
a total of 10 dwelling units
4. The Estimated Cost of the I lrrove tints or Repairs- $1,000,000.00
Certification
I certify that the above notice of meeting was posted on the bulletin board in the City Hall Annex, 150 First
St. SE, Paris, Texas and on the City's website at www.paristexas.gov, no later than 5:30 p.m. on
12024.
2),
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1�" nce Elhs, City Clerk
Special Accommodations
This facility is wheelchair accessible and accessible parking spaces are available. Requests for special
accommodations or interpretive services must be made forty-eight (48) hours prior to this meeting. Please
contact Janice Ellis at (903) 784-9248 orjellis@paristexas.gov for assistance.