04-28-2025 - Notice of Consideration of Tax Abatement Agreement - Invest Lamar, LLCNOTICE OF CONSIDERATION OF TAX ABATEMENT AGREEMENT
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, April 28, 2025 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.
A video feed will be available for live viewing at https://paristexas.gov/public. The matters to
be discussed and acted upon are as follows:
1. Owner of Property: City of Paris as Trustee; Lamar County as Trustee
Applicant: Invest Lamar, LLC
2. The Name and Location of the Reinvestment Zone: Reinvestment Zone 2025-1
encompassing the entirety of the corporate limits of the City of Paris, Texas. Properties
to be included in the abatement are:
• LCAD# 12820, Lane Place Addition Block 1, Lot. 13, 1300 Block of N.E.
Campbell St.
• LCAD# 12998, Maxey Addition Block 5, Lot 4, W. Campbell St.
• LCAD# 12987, Maxey Addition Block 4, Lot 1, 1.560 W. Campbell St.
• LCAD# 18397, City of Paris Block 278, Lot 4A, Johnson St. and 15th NE St.
• LCAD# 13758, City of Paris Block 29, Lot 4, E. Price St.
• LCAD# 10186, Belmont Addition Block 6, Lot 11 -12, 1633 Fairfax
• LCAD# 19930, Subdivision of Block 170-13, Block B, Lot 11-12, 115 W.
Neagle St.
• LCAD# 10964, East Park Addition, Block A, Lot 10, 1821 NE loth St.
• LCAD# 13975, City of Paris Block 37, Lot 10, 229 NE 51h St.
• LCAD# 18596, City of Paris Block 300, Lot 6, 2514 Graham St.
3. A General Description of the Nature of the Improvements or Repairs: 10 single-
family homes
4. The Estimated Cost of the Improvements or Repairs: $2,140,000.00
Certification
I cify thv_N above notice of meeting was posted on the bulletin board in the City Hall Annex, 150 First
St. SE, Paris, T)cxas and on the City's website at www.paristexas.gov, at 3:00 P.M. on March 26, 2025.
, Deputy C
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.