06-09-2025 - Notice of Consideration of Tax Abatement Agreement - R4U Ventures, 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, June 9, 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. Kaufinan Street, in Paris, Texas.
A video feed will be available for live viewing at �jttps"/pan I xa The matters to
be discussed and acted upon are as follows:
1. Owner of Property: City of Paris as Trustee
Applicant: R4U Ventures, 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# 15383, City of Paris Lot PT 5, Block 93-B, 6th St. NE
• LCAD# 10984, East Park Addition Lot 30, Block A, 1685 10"' St. NE
• LCAD# 10990, East Park Addition Lot 36, Block A, 10"' St. NE
• LCAD# 19114, Pickard Addition Lot 1-B, Block 4, 944 7"' St. NE
• LCAD# 19115, Pickard Addition Lot 2-C, Block 4,1004 7"' St. NE
• LCAD# 20484, Washington Heights Addition Lots 9-10, Block 4, 412
Henderson
• LCAD# 12368, Hull Addition Lot 4, Block 30, i 150 5" St. NE
• LCAD# 17073, City of Paris Lot 2, Block 190,1347 W. Houston St.
• LCAD# 17074, City of Paris Lot 3, Block 190,1337 W. Houston 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: $2,200,000.00
Certification
I certify that the above notice of meeting was posted on the bulletin board in the City Hall Annex, 150 First
SN SE, Paris, Texas and on the City's website at www.paristexas.gov, no later than 5:30 p.m. on
2025.
—?a ice Ellis, 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 or jellisC(.�,paristexas.gov for assistance.