Agenda PacketCITY COUNCIL AGENDA
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 23, 2026. The meeting will be held at the City Council
Chamber, 107 E. Kaufinan Street, in Paris, Texas. One or all Council Members may be
attending remotely, but the feed will be available for live viewing at
https://paristexas.gov/ un blic. The matters to be discussed and acted upon are as follows:
Opening Agenda
1. Call meeting to order.
2. Invocation.
3. United States Pledge of Allegiance & Texas Pledge of Allegiance.
4. Citizens' forum.
(Persons desiring to address the Council must limit their presentation to no more than two minutes. Unless
an item is posted on the Agenda, the Texas Open Meetings Act prohibits the Council from responding to any
comments other than to refer the matter to a future agenda, to an existing policy, or to a staff person with
specific factual information. Claims against the City, Council Members, or employees, as well as individual
personal appeals are not appropriate for citizens' forum.)
If necessary, the City Council may convene into Executive Session under Chapter 551 of the Texas
Government Code regarding any item on this agenda.
Consent Agenda
Items on the Consent Agenda are approved by a single action of the Council, with such approval applicable
to all items appearing on the Consent Agenda. A Council Member may request any item to be removed from
the Consent Agenda and considered as a separate item.
5. Approve minutes from the meeting of February 9, 2026.
6. Receive reports and/or minutes from the following boards and commissions:
a. Planning & Zoning Commission (1-5-2026)
7. Receive January 2026 monthly financial report.
8. Approve the Final Plat of the Tower 136 Homes Addition, Lot 1 & 2, LCAD 16208 &
16209, previously City Block 313 lots 3 & 4, to build single family homes, located at 335
& 245 West Sherman.
9. Approve the Final Plat of the 7 Brews Subdivision, Lot 1, Block A, LCAD 21121, located
at 3870 Lamar Avenue.
10. Approve the Replat of the J.C. Miles Subdivision Lots 11-13, LCAD: 17005, 129326,
129327 to construct multi -family housing, previously J.C. Miles Subdivision Lots 11, 12,
and 13 (1415 6th Street SE).
Regular Agenda
11. Conduct a public hearing, discuss and act on an amendment to a tax abatement
agreement, as previously amended, with We're Going to Paris, LLC on the property
located at 6354 Northwest 711, Street, Martin St. Addition Block A, Lots 1-20 otherwise
commonly known as the Westgate Apartments complex.
12. Receive presentation from Steve Hodges about engineering projects.
13. Discuss and act on awarding a contract to Superior Equipment Solutions, LLC in the
amount of $575,000.00 ($500,000.00 will be funded from the TxCDBG Grant and
$75,000.00 from the City) for the 28th Street NW Sewer Main Improvements; and authorize
the City Manager to execute all necessary documents.
14. Receive the Paris Economic Development Corporation 2025 annual report.
15. Discuss and act on an Ordinance declaring Stacy Laddell as unopposed in Council District
1, Mickey Ellis as unopposed in Council District 2, Gary Savage in Council District 3, and
Alix Putnam as unopposed in District 6; cancelling the General Election in Districts 1, 2,
3 & 6; and declaring the unopposed candidates as elected to office pursuant to Election
Code Section 2.053.
16. Discuss and act on a Resolution to Participate in Texas Cooperative Liquid Assets
Securities System Trust (CLASS) Local Government Investment Pool.
17. Convene into Executive Session pursuant to Section 551.087 of the Texas Government
Code, (1) to discuss or deliberate regarding commercial or financial information the
governmental body has received from a business prospect the governmental body seeks to
have locate, stay, or expand in or near the territory of the governmental body and with
which the governmental body is conducting economic development negotiations; or (2) to
deliberate the offer of a financial or other incentive to a business prospect prescribed by
Subdivision (1), as follows:
a. Project Red Maple 2
b. Project Star Anchor
16. Reconvene into Open Session and possibly take action on those matters discussed
in Executive Session.
18. Consider and approve future events for City Council and/or City Staff pursuant to
Resolution No. 2004-081.
19. Adjournment.
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 5:00 p.m. on February
17, 2026.
Janice 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 jellis@paristexas.gov for assistance.
Item No. 5
MINUTES OF THE REGULAR CITY COUNCIL MEETING
OF THE CITY OF PARIS, TEXAS
February 9, 2026
The City Council of the City of Paris met for a regular session at 5:30 p.m. on Monday,
February 9, 2026, at the City Council Chamber, 107 E. Kaufman, Paris, Texas.
Present: Mayor: Mihir Pankaj
Mayor Pro -Tem: Gary Savage
Council Members: Alix Putnam, and Tracy Attebury
City Staff: Rose Beverly, City Manager; Stephanie Harris,
City Attorney; Skylar Unger, Deputy City Clerk;
Steve Marriott, Finance Director; Osei Amo-
Mensah, City Planner; M.A. Smith, Danny
Rowell, Director of Utilities, Celso Arietta, IT
Manager; and Steve Hodges, Engineering
Department Manager
Absent: Council Members: Mickey Ellis, Shatara Moore, and Rebecca
Norment
Opening Agenda
1. Call meeting to order.
Mayor Pankaj called the meeting to order at 5:30 p.m.
2. Invocation.
Mayor Pro -Tem Savage gave the invocation.
3. United States Pledge of Allegiance & Texas Pledge of Allegiance.
City Council led the United States Pledge of Allegiance and the Texas Pledge of
Allegiance.
4. Citizens' forum.
No one spoke during citizens' forum.
Consent Agenda
Mayor Pankaj inquired of Council Members if they wished to pull any items from the
consent agenda for discussion. There being none, a Motion to approve the consent agenda was
Regular Council Meeting
February 9, 2026
Page 2
made by Mayor Pro -Tem Savage and seconded by Council Member Putnam. Motion carried, 4
ayes — 0 nays.
Approve minutes from the meetings of January 26, 2026, and January 30, 2026„
6. Receive reports and/or minutes from the following boards and commissions:
a. Paris Public Library Advisory Board (5-21-2025, 7-16-2025 & 11-19-2025)
b. Building & Standards Commission (9-15-2025)
c. Love Civic Center Board (11-20-2025)
d. Paris Economic Development Board (12-9-2025)
e. Paris Visitors & Convention Council (12-15-2025)
7. Receive the monthly drainage report.
Approve the City of Paris Strategic Plan.
9. Approve RESOLUTION NO. 2026-010 A Resolution adopting Procurement Policies
and Procedures for Federal Grant Contracts.
Regular Agenda
10. Receive presentation from public information officer Jon McFadden.
Public Information Officer Jon McFadden explained the median age of residents in Paris
was 36.4 years old and they preferred Instagram profiles and YouTube videos. He said City
Staff was planning to increase the number of YouTube videos. He also said the next step
included continuing implementation of creative teams, adding, merging and closing channels,
as well as developing social media strategic plans, and building a calendar. Mr. McFadden also
referenced the community survey and answered questions from City Council.
11. Convene into Executive Session pursuant to Section 551.087 of the Texas Government
Code, (1) to discuss or deliberate regarding commercial or financial information the
governmental body has received from a business prospect the governmental body seeks
to have locate, stay, or expand in or near the territory of the governmental body and with
which the governmental body is conducting economic development negotiations; or (2)
to deliberate the offer of a financial or other incentive to a business prospect prescribed
by Subdivisions (1), as follows:
a. Project Red Maple 2
b. Project Fancy Dirt
C. Project Star Anchor
Mayor Pankaj convened City Council into executive session at 5:42 p.m.
Regular Council Meeting
February 9, 2026
Page 3
12. Mayor Pankaj reconvened City Council into open session at 5:57 p.m.
A Motion to approve PEDC's plan to move forward with Project Red Maple 2 pending
the execution of a Performance Agreement was made by Mayor Pankaj and seconded by Mayor
Pro -Tem Savage. Motion carried 4, ayes — 0 nays.
13. Consider and approve future events for City Council and/or City Staff pursuant to
Resolution No. 2004-081.
There was no reference of future events.
14. Adjournment.
There being no further business, a Motion to adjourn was made by Mayor Pro -Tem
Savage and seconded by Council Member Attabury. Motion carried, 4 ayes - 0 nays. Mayor
Pankaj adjourned the meeting at 5:58 p.m.
MIHIR PANKAJ, MAYOR
SKYLAR UNGER, DEPUTY CITY CLERK
Item No. 6
MINUTES OF THE PLANNING & ZONING COMMISSION
REGULAR MEETING OF THE CITY OF PARIS, TEXAS
JANUARY 05, 2026
The Planning & Zoning Commission of the City of Paris held a regular meeting at 5:30 p.m. in the
City Hall, Council Chambers, 107 East Kaufman, Paris, Texas.
Commissioners Present: Adam Bolton, Robert Spain, Larry Walker and Eric Guillot
City Representatives: Osei Amo-Mensah- City Planner
Triniti Frazier- Planning Technician
Steve Hodges- Engineering Technician
Stephanie Harris- City Attorney
Commissioner(s) Absent: Paula Portugal, Rochelle Jones, Chad Lindsey
Chairman Adam Bolton called the meeting to order at 5:30 p.m.
2. Citizens' forum.
The citizen's forum was declared open. With no one speaking the forum was declared
closed.
3. Approve minutes from the meeting of December 01, 2025.
A motion to approve the minutes was made by Commissioner Larry Walker and seconded
by Commissioner Robert Spain. Motion carried, 4 ayes — 0 nays.
4. Conduct a public hearing to consider and take action regarding the petition of Zachary
Bergenholtz for a Comprehensive Plan Amendment from Low Density Residential (LDR)
to Medium Density Residential (MDR) on LCAD 17005, 129327, 129326. Legal
Description: JC Miles Subdivision, Block A, Lots 11, 12, 13, in the 1400 Block of SE 6t1
and SE 8"' Streets.
Osei Amo-Mensah presented the item and recommends the Commission deny the petition
to amend the comprehensive plan for this level of increased density. The public hearing
was declared open. Courtney & Michael Lipscom, 3330 SE 8th Street, state they are
opposed to the petition due to drainage issues and concerns of how this will affect their
property. Mr. Lipscom state there are sanitation issues weekly in this area. Chairman
Adam Bolton advised that the engineering department would look at the feasibility. The
input forms submitted from citizens opposing the change were read on screen by the
commission.
Andrew Mack representing the applicant states the surrounding area is developed with
duplexes. The property is being replatted and they plan to construct in the Spring '26 if
the comprehensive plan amendment is approved with a zoning change request later.
Mack states they will have professional engineering and utilities without overloading the
system. The plans are for triplexes with 3 -bedrooms, 2 bath without a common wall so
these units will appear as a single-family dwelling unit with l Oft. separation. Mack states
that triplexes would help to meet the housing demands as outlined in the housing analysis
and provide revitalization to this area. Osei Amo-Mensah states we should abide by the
future land use in this area as the infrastructure was designed for low density residential
and not designed for a higher impact. Steve Hodges, Engineering Technician, states the
city does not have plans in this area for improvements so it will be developer driven.
With no one else speaking the public hearing was declared closed.
Commissioner Larry Walker requested to be recused from this item. Robert Spain made a
motion to recuse Walker and it was seconded by Adam Bolton.
A motion to deny the petition was made by Commissioner Robert Spain and seconded by
Commissioner Eric Guillot. Motion carried, 3 ayes — 0 nays.
Conduct a public hearing to consider and take action regarding the petition of Raymond
Peregrina on behalf of Harold Vartanian for a Specific Use Permit (SUP) for Trailer
Rental, Sales or Repair in a Commercial zoning district on LCAD 17775. Legal
Description: City of Paris, Block 235, Lot 2-A, 1212 NW 19th Street.
Adam Bolton made a motion to bring Larry Walker back into the meeting and it was
seconded by Robert Spain.
Osei Amo-Mensah presented the item the Commission. Staff recommends approval with
noted conditions.
A motion to approve the Specific Use Permit for Trailer Rental, Sales or Repair was made
by Commissioner Eric Guillot and seconded by Commissioner Larry Walker. Motion
carried, 4 ayes — 0 nays.
6. Consideration of and action on the Preliminary Plat of the 7 Brews Subdivision, Lot 1,
Block A, LCAD 21121, located at 3870 Lamar Ave.
Steve Hodges presented the plat to the commission. Staff recommends approval with no
conditions.
A motion to approve the preliminary plat was made by Commissioner Larry Walker and
seconded by Commissioner Eric Guillot. Motion carried, 4 ayes — 0 nays.
7. Consideration of and action on the Preliminary Plat of the Stone Ridge Addition Phase 12,
Lot 45-55 of Block A and Lots 13-20 of Block D, LCAD 402032, located in the 4000 Block
of NE 451" Street and Wilderness Ln.
Steve Hodges presented the plat to the commission. Staff recommends approval with no
conditions.
A motion to approve the preliminary plat was made by Commissioner Robert Spain and
seconded by Commissioner Eric Guillot. Motion carried, 4 ayes — 0 nays.
8. Consideration of and action on the Preliminary Plat of the Fodge Addition CB59, Lot 1,
Block A, LCAD 14331 and 14333, located in the 200 Block of Pine Bluff Street.
Steve Hodges presented the plat to the commission stating this location is where the car
wash previously located. That structure has since been demolished. Staff recommends
approval with no conditions.
A motion to approve the preliminary plat was made by Commissioner Larry Walker and
seconded by Commissioner Robert Spain. Motion carried, 4 ayes — 0 nays.
9. Consideration of and action on the Final Plat of the Fodge Addition CB59, Lot 1, Block A,
LCAD 14331 and 14333, located in the 200 Block of Pine Bluff Street.
Steve Hodges presented the final plat to the commission. Hodges states this will be new
construction of a car lot and business office lot. Staff recommends approval with no
conditions.
A motion to approve the final plat was made by Commissioner Larry Walker and seconded
by Conunissioner Robert Spain. Motion carried, 4 ayes — 0 nays.
10. Consideration of and action on the Replat of the JC Miles Subdivision, Lots 1-3, Block A,
LCAD 129233, 129234, 12935, 129236, located in the 600 Block of Sycamore St.
Steve Hodges presented the replat to the commission. Hodges states this is changing four
lots into three lots to facilitate a multi -family structure. Robert Spain asked if this is the
same location of the request for the comprehensive amendment. Hodges states that the city
has no plans being designed for improvements. Spain states there is no room for cars to
park on this narrow street or emergency vehicles to pass. Hodges states based on the
platting guidelines there is no cause to not approve the replat. Staff recommends approval
with no conditions.
A motion to approve the replat was made by Commissioner Robert Spain and seconded by
Commissioner Eric Guillot. Motion carried, 4 ayes — 0 nays.
11. Consideration of and action on the Replat of the 7C Miles Subdivision, Lots 7R, 8R, 9R,
Block A, LCAD 129240, 129241, 129242, 129243, located in the 700 Block of Sycamore
St.
Steve Hodges presented the replat to the commission stating this is to increase the lot size
by reducing four lot down to three. Staff recommends approval with no conditions.
A motion to approve the replat was made by Commissioner Adam Bolton and seconded by
Commissioner Eric Guillot. Motion carried, 4 ayes — 0 nays.
12. Request items for future agendas.
There were no requests for future agenda items.
13. Adjournment.
There being no further business, the meeting was adjourned at 6:18 p.m.
APPROVED` THE 0' 05AY °4 F' EBRUARY 2026.
e
k
Chairperson
Item No. 7
Memorandum
TO: Mayor, Mayor Pro -Tem, and City Council
Rose Beverly, City Manager
FROM: Myra Rogers, Assistant Finance Director
CC: Steve Marriott, Finance Director
SUBJECT: JANUARY 2026 FINANCIAL REPORTS
DATE: February 23, 2026
BACKGROUND: Section 69 (3) of the Paris City Charter requires the Finance Director to submit
to the City Council through the City Manager a monthly statement of receipts and disbursements.
STATUS OF ISSUE: These reports update the City Council on the City's financial activities
throughout the month stated in the subject line.
BUDGET: Not affected by this report.
RECOMMENDATION: Motion to receive the monthly financial reports.
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JANUARY 2026
MONTHLY FINANCIAL REPORT
City of Paris
Monthly Financial Report—January 2026
Background: Section 69 (3) of the Paris City Charter requires the Financial Director to submit to
the City Council through the City Manager a monthly statement of receipts and distributions.
The report updates the City Council on the City's financial activity throughout the month and
year to date. The financial package includes the following:
1. The revenue and expenditure totals for the General Fund, Water Fund and the Airport Fund
include the approved budget, current month, year-to-date results with comparison of the
previous year to date. Over 99% of all the City's operations activities take place in these
three funds. If the circumstance merits, the financial report would highlight any other fund
in the monthly report.
2. A staffing report showing by department, by fund, the approved staffing for the month.
Included are the current level and open positions.
3. A detailed revenue and expenditure report for the General Fund is included, with highlights
for the month.
4. Revenue graphs are included for Municipal Sales Tax revenue and EMS revenue for the
a current year along with the previous two years.
5. A detailed revenue and expenditure report for the Water and Sewer Fund, with highlights
for the month.
6. Water Sales and Sewer fee revenue graphs are included for the current year and two
previous years.
7. Detailed revenue and expenditures for Cox Field Airport are included, with highlights for the
month.
8. Investment Report through January 2026
9. Update on the Capital projects by Fund
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City of Paris
Revenue & Expenditures Summary
January 31, 2026 (33% of the year)
Notes:
1. Over 99% of all the City operation activity takes place in these three funds.
2. The other fund's are special purpose funds with limited activity and commonly have legal restrictions on what
the money can be spent on.
3. Additional breakdowns discussing revenue and expenditures for the above funds are included in this report.
2025-2026
2026
Jan-FY26
Jan-FY25
General Fund
Budget
January
YTD Actuals %
%
YTD Actuals
Revenue
$
(35,467,110) $
(5,654,032)
$ (14,194,320) 40%
$
(14,624,753)
Expenditures
37,616,125
2,843,193
10,799,187 29%
18%
10,458,153
Net
$
2,149,015 $
(2,810,839)
$ (3,395,133)
$
(4,166,600)
Est. Beg Unassigned Fund Balance
11
$
26,780,781
$
$ 26,780,781
$
25,624,971
Est. End Unassigned Fund Balance
$
24,631,766
$
$ 30,175,914
$
29,791,571
Est. Days of Working Capital
253
259
248
Notes:
1. Over 99% of all the City operation activity takes place in these three funds.
2. The other fund's are special purpose funds with limited activity and commonly have legal restrictions on what
the money can be spent on.
3. Additional breakdowns discussing revenue and expenditures for the above funds are included in this report.
2025-2026
2026
Jan-FY26
Jan-FY25
Water
Budget
January
YTD Actuals
%
YTD Actuals
Revenue
$
(22,365,768) $
(996,058)
$ (4,700,574)
21% $
(2,812,713)
Expenditures
22,014,746
1,032,443
3,978,062
18%
4,216,910
Net
$
(351,022) $
36,385
$ (722,512)
$
1,404,197
Est. Beg Working Capital
11
$
28,406,181
$
$ 28,406,181
$
30,656,184
Est. End Working Capital
$
28,757,203
$
$ 29,128,692
$
29,251,987
Est. Days of Working Capital
469
475
481
Notes:
1. Over 99% of all the City operation activity takes place in these three funds.
2. The other fund's are special purpose funds with limited activity and commonly have legal restrictions on what
the money can be spent on.
3. Additional breakdowns discussing revenue and expenditures for the above funds are included in this report.
2025-2026
2026
Jan-FY26
Jan-FY25
Airport
Budget
January
YTD Actuals
%
YTD Actuals
Revenue
$
(1,146,100) $
(37,602) $
(216,953)
19% $
(333,330)
Expenditures
1,146,100
19,950
246,892
22%
357,909
Net
$
$
(17,652) $
29,939
$
24,579
Est. Beg Restricted Fund Balance
11
$
42 ,877
$
42,877
$
59,737
Est. End Restricted Fund Balance
$
42,877
$
12,937
$
35,158
Est. Days of Working Capital
14
7
13
Notes:
1. Over 99% of all the City operation activity takes place in these three funds.
2. The other fund's are special purpose funds with limited activity and commonly have legal restrictions on what
the money can be spent on.
3. Additional breakdowns discussing revenue and expenditures for the above funds are included in this report.
STAFFING
AS
f
7 31,IA,i. , ..,: i,. i ,. ,/. ,
I.
y
Staffing Budget, Current Level, and Open Positions
Full Time Employees
General Fund
Budget
January„Actual
O enin '.....
Part Time
Police
81.00
71.00
10.00
6.00
Fire
53.00
52.00
1.00
EMS
30.00
26.00
5.00
23.00
IT
3.00
3.00
0.00
Community Development
17.00
16.00
1.00
1.00
Streets & Highways
8.00
7.00
1.00
Parks and Recreation
8.00
8.00
0.00
5.00
Library
10.00
10.00
0.00
City Manager
6.00
5.00
1.00
Engineering
4.00
2!.00
2.00
Accounting &Auditing
6.00
6.00
0.00
Traffic &Lighting
2.00
2.00
0.00
Garage
6.00
4.00
2.00
1.00
City Attorney
2.00
2.00
0.00
Municipal Court
4.00
4.00
0.00
Public Works
3.00
3.00
0.00
City Clerk
3.00
3.00
0.00
1.00
Sanitation
3.00
3.00
0.00
249.00
227.00
23.00
37.00
Water Fund
Warehouse
2.00
2.00
0.00
W&S Billing and Collections
10.00
8.00
1.00
Water Production
18.00
17.00
1.00
Water Distribution
11.50
8.50
3.00
Sewer Maintenance
9.50
6.50
4.00
Waste Water Treatment
21.00
18.00
3.00
3.00
Lift Station
3.00
3.00
0.00
75.00
63.00
12.00
3.00
Other Activities
Airport
Auto Theft Grant
Court Bailiff
City of Paris Total
3.00
3.00
0.00 5.00
1.00
1.00
0.00
0.00
0.00
0.00 1.00
4.00
4.00
0.00 6.00
328.00 294.00 35.00 46.00
GENERAL FUND
REVENUE & EXPENDITURE
YEAR TO DATE 2026 VS 2025
HIGHLIGHTS
INCLUDING
REVENUE TREND GRAPHS
General Fund Hi hli hts for the Month of Januar
1. Overall Revenue was $14,194,320 or 40% of the annual Budget.
2. Property Tax Revenue is $5,256,099, 4% less than previous year. Majority of Property Tax
Revenue is received between December and February each year.
3. Sales Tax revenue is more than last year by $415,023 or 12%; however, January collections
are slightly less than last year. Continue to be optimistically cautious as sales tax can be
volatile and a decrease was anticipated for the 2026 budget.
4. Hotel Occupancy tax revenue has decreased by $235,553 or 36% from 2025 fiscal year.
Fluctuation in the carrying balance is due to the allocation to the Chamber of Commerce,
a hotelier rebate, and a portion that covers the debt issued to pay for the Civic Center.
5. EMS Fees are down $342,059 or 17% compared to last year. EMS collections are down due
to the fourth ambulance for transfers not in service due to staff shortages.
6. Interest revenue is down by $44,293 or 15% from last year. The Fed Fund rates decreased
25 basis points at the end of October with an additional 25 basis points reduction in
December. One to two more rates cuts are anticipated in 2026 to bring the fed funds rate
closer to a "neutral rate" of 3.00% that neither stimulates nor restricts economic growth.
As a result, interest revenue is expected to be less in fiscal year 2026 than 2025.
7. The year-to-date expenditures in the General fund are $10,799,187 or 29% of budget for
the 2026 fiscal year. In comparison to last year, the overall 2026 fiscal year expenditures
have increased by $341,034. Majority of the increase is attributable to the following:
➢ Fiscal year 2026 includes a 2% cost of living adjustment for all full-time positions.
➢ One-time technology infrastructure renewals recorded in November 2025.
➢ Stipends for EMS, Fire, and Public Works personnel.
City of Paris
Revenue & Expenditures Summary
January 31, 2026 (33% of the year)
General Fund 2025-2026 Jan-FY26 Jan-FY25
Descri„p Ion
Bud et w,
YTD Actuals 11
Percenta a _.......
. „YTD Actuals
Property Tax Revenue
$ (9,325,000) $
(5,256,099)
56%
$ (5,454,515)
Sales Tax Revenue
(10,825,000)
(3,990,437)
37%
(3,575,413)
EMS Revenue
(5,021,510)
(1,718,966)
34%
(2,061,025)
Sanitation Fees
(1,710,000)
(521,671)
31%
(507,258)
Use Fee Revenue
(2,750,000)
(619,928)
23%
(841,350)
Hotel -Motel Occupancy Tax
(1,100,000)
(426,291)
39%
(661,844)
Interest Earned
(800,000)
(241,606)
30%
(285,899)
Intra -fund Charges W&S
(2,297,500)
(708,333)
31%
(700,000)
Permits/Leases Revenue
(541,300)
(109,868)
20%
(168,460)
Court Revenue
(225,400)
(80,133)
36%
(69,355)
Other Revenue Total
(871,400)
(520,987)
60%
(299,633)
Revenue
(35,467„110) $,mmm
(14,194,320)
40%
$,,,,,, X14 624,753
Jan-FY26 Jan FY25 Ex menditures
Budget YTD Actuals
r g
Percentage
wv
_Actuals
YTD „ m,mm ...
Police
$ 10,422,233 $
2,846,128
27%
$ 2,596,164
Fire
6,448,100
1,973,544
31%
1,985,162
EMS
5,276,230
1,706,931
32%
1,777,369
Promotional Activity-VCC
1,000,000
261,046
26%
275,534
Other General expenses
1,113,148
400,657
36%
225,947
IT;'
724,989
210,744
29%
190,017
Sanitation
1,817,309
551,110
30%
495,524
Community Development
1,056,342
350,086
33%
273,344
Code Enforcement
805,654
201,020
25%
294,992
Streets & Highways
1,450,880
308,579
21%
439,389
Parks and Recreation
1,568,891
360,101
23%
377,863
Library
909,586
282,644
31%
331,318
City Clerk
243,936
76,502
31%
74,118
Accounting & Auditing
756,254
229,451
30%
163,357
Engineering
734,301
151,335
21%
106,117
Traffic &-Lighting
544,100
141,131
26%
190,261
City Manager
938,785
217,271
23%
176,752
Garage
457,807
132,369
29%
113,408
City Attorney
414,432
118,546
29%
108,594
Municipal Court
315,050
94,336
30%
90,366
Public Works
284,548
112,414
40%
90,276
City Council
260,500
73,242
28%
82,226
Contingency
50,000
-
0%
-
Paris Band
23,050
0%
54
Debt Service
-
0%
-
Cox Field Airport Total
-
0%
_
Expenditures$
mmITITIT 37,616„125 $
,,,mmmIT 10 799 187
29%
City of Paris
General Fund - Revenue by Activity
Net Proceeds (gain) or loss $ 2,149,015 $ (3,395,133) $ (4,166,600)
...........
2025-2026
Jan-FY26
Jan-FY25
Account „ITNumber
Descriiation
Budget
YTD Actuals
Percenta,8e
YTD Actuals
01-37010-00-000
Current Taxes
$ (9,030,000) $
(5,091,585)
56%
$ (5,378,220)
01-37020-00-000
Delinquent Taxes
(120,000)
(68,881)
57%
(36,267)
01-37030-00-000
Penalty & Interest
(130,000)
(58,481)
45%
(25,010)
01-37031-00-000
Attorney Fees
(45,000)
(37,153)
83%
(15,018)
Property Tax Revenue
$
(9,325,000)
(5,256,099)
56%
$ (5,454,515)
01-37110-00-000
Municipal Sales Tax
$
(8,660,000) $
(3,192,349)
37%
$ (2,860,331)
O1-37112-00-000
Sales Tax -Reduce Property Tax
(2,165,000)
(798,087)
37%
(715,083)
Sales Tax Revenue
$
(10,825,000) $
(3,990,437)
37%
$ (3,575,413)
O1-37184-00-000
01-38153-00-000
EMS Deployment Refunds
$
(50,000) $
(104,589)
209%
$ (39,095)
01-38154-00-000
Lamar Co -Emergency Medical Ser
(471,510)
(117,878)
25%
(156,793)
01-38046-00-000
Emergency Medical Service Fees
(4,500,000)
(1,496,499)
33%
(1,865,136)
01-37395-00-000
EMS Revenue
$
(5,021,510) $
(1,718,966)
34%
$ (2,061,025)
01-37396-00-000
01-37320-00-000
O1-37330-00-000
Sanitation Fees
$
(1,710,000) $
(521,671)
31%
$, (507,258)
01-37340-00-000
01-37350-00-000
Municipal ROW Use Fee
$
(80,000) $
(21,830)
27%
$ (20,856)
Solid Waste Street Use Fee
(600,000)
(101,261)
17%
(210,247)
01-37220-00-000
Atmos Gas
(500,000)
(86,837)
17%
(184,573)
01-37650-00-000
Oncor
(1,400,000)
(372,911)
27%
(384,674)
01-37193-00-000
01-38499-00-000
Taxicabs
-
0%
(200)
01-37360-00-000
Suddenlink Cable
(170,000)
(37,090)
22%
(40,800)
Use Fee Revenue
$
(2,750,000) $
(619,928)
23%
$ (841,350)
Hotel -Motel Occupancy Tax
$
(1,100,000) $
(426,291)
39%
$ (661,844)
Interest Earned
$
(800,000) $
(241,606)
30%
$ (285,899)
Hot Tax Salary Contribution
(97,500)
-
0%
-
Water & Sewer Adm. Fee
(1,400,000)
(441,667)
32%
(433,333)
Water Sewer Utility
(800,000)
(266,667)
33%
(266,667)
Intra -fund Charges
$
(2,297,500) $
(708,333)
31%
$ (700,000)
2025-2026
Jan-FY26
Jan-FY25
Account Number
_ww Description
Budeetwwwww,
YTD Actuals rry
PerceRj@ge mm
mmmmm_ YTD Actuals
01-37208-00-000 Building Department Permits $
$ (20,646) 0% $
01-37210-00-000 Engineering
Department Permits
(2,036) 0%
01-37211-00-000 Fire Permits & Fees
-
(350) 0%
01-37212-00-000 Code Enforcement
Permists
& Fees
(1,366) 0%
01-
37401-00-000 Forestbrook Prof Svc Agreement
-
_0%
(35,000)
01-37410-00-000
House Moving
_0%
01-37411-00-000 Concrete
Permits
_0%
(220)
01-37412-00-000 Building Permits
_0%
(295) 01-37413-00-000 Sign Permits (10,000)
(1,575) 16%
(2,750)
01-37414-00-000
Electrical Permits
(1,000)
-
0%
-
01-37415-00-000
Burning Permits
-
(50)
0%
-
01-37418-00-000 Plumbing Inspections
- 0% -
01-37420-00-000 Electrical Licenses -
_0%
(35) 01-37423-00-000 Burn Permit Fee
_0% 01-37424-00-000 Alcohol Permit Application Fee (6,000) (3,835) 64% (1,440)
01-37426-00-000 Building Permit -Fence (300)
_0%
(50) 01-37427-00-000 Building Permit -Roof
- -0% -
01-37428-00-000 Bldg Permit -Remodel Residence (45,000)
(9,885) 22% (17,098) 01-37429-00-000 Bldg Permit -
New Residential (30,000) (23,723) 79%
(7,578) 01-37430-00-000 Bldg Permit -Remodel Commercial (5,000)
(500) 10% (1,400) 01-37431-00-000 Building Permit -New
Commercial
(350,000) (32,492) 9% (67,117) 01-
37432-00-000 Bldg Permit -Cert of Occupancy (10,000)
(3,000) 30%
(5,975) 01-37433-00-000 Fire Plan Review
Fees (1,000) -0% 01-37434-00-000 Fire Construction
Permit Fees (9,000) (1,050)
12% (2,615)
01-37436-00-000 Building Permit -Repairs -Residential
-
(975) 0% -
01-37437-00-000 Building Permit -Repairs - Commercial
-
(400) 0% 01-37400-00-000 Licenses &
Permits (570) 0% (755)
01-37653-00-000 T -Mobile Tower Lease
(50,000)
(983) 2% (17,805)
01-37654-00-000
AT&T Tower Lease Permits/Leases Revenue $
(541,300) $
(109,868) 20% $ (168,460)
(24,000)
(6,433) 27%
2025-2026
Jan-FY26 Jan-FY25
(8,328) Description
Budget
YTDActualsPercentage YIDActuals
Court Overpayments $
- $
(59) 0% $
Court Fines & Costs
(175,000)
(64,043) 37%
(57,309)
Account. Number 01-
WDefensive Driving Course
(1,000)
(450) 45%
37502-00-000
(330)
01-37510-00-000
01-37511-00-000 Warrant Service Fees {City}
(30,000)
(8,872) 30%
(6,111)
01-37512-00-000
01-37513-00-000 City Traffic Fees
(400)
(13) 3%
(21)
01-37514-00-000
01-37516-00-000 Arrest Fees
(7,000)
(2,616) 37%
01-37517-00-000
(2,119)
01-37520-00-000 Time Payment Fees Retained
(7,000)
(2,087) 30%
(1,630)
State Judicial Fund due City
-
(13) 0%
(16)
Pound Fees
(5,000)
(1,980) 40%
(1,820)
Court Revenue $ (225,400) $ (80,133) 36% $ (69,355)
2025-2026 Jan-FY26 Jan-FY25
Account Number mm. Description Budget„ r_ YTD Actuals _ _ PercentaRe YTD Actuals,
01-37013-00-000 Texas Historical Commission $ - $ -0%$ (2,706) 01-37029-00-000 Business Persn
Property (Fine) (7,000) (3,897) 56% (1,929) 01-37148-00-000 Misc Library Sales - (885)
0% (2,340)
01-37152-00-000 Police Dept Donations - 0% (1,039)
01-37154-00-000 Summer Camps- Oak Park - 0% -
01-37156-00-000 Opioid Settlement - _0% 01-37157-00-000 Fire Deployment Reimbursements
(40,000) (145,378) 363% (58,898)
O1-37195-00-000 PRMC Settlement - 0% -
01-37206-00-000 Community Development Donations - (1,300) 0% -
01-37307-00-000 Forestbrook Prof Svc Agreement - 0% -
01-37390-00-000 Bingo (28,000) (14,495) 52% (14,352) 01-37640-00-000 Leases & Rentals (1,000)
(200) 20% (200)
01-37906-00-000 Rent Revenue -
_0% 01-37713-00-000 Zoning & Subdivision Fees
(6,000) (3,000) 50% (1,500)
01-37715-00-000 Sale of Maps Copies Etc (4,000)
(1,649) 41% (1,345) 01-37719-00-000 Inspection Fees
- (220) 0% 01-37822-00-000 Poly Envelopes Sold -City Clerk (500) (124) 25%
(138) 01-38165-00-000 Farmers Market Fees (10,000)
(3,440) 34% (4,130) 01-38260-00-000 Mixed Beverage Tax
(68,000) (22,272) 33% (21,788) 01-38300-00-000 Miscellaneous Revenue _0%
(300) 01-38308-00-000 Birth Certificate Fee for TWC
810% 81
01-38309-00-000 Birth Certificate Fees
(25,000) (6,881) 28% (7,924)
01-37204-00-000 Master Park Plan Donations
- - 0% -
01-37205-00-000 Youth Diversion Fee
- - 0%
01-38519-00-000 Unrealized Gain/Loss -
_0% 01-38310-00-000 Death Certificate Fees
(10,000) (2,037) 20% (3,219) 01-38311-00-000 Library Copies (6,000) (2,282) 38% (2,196)
01-38312-00-000 Library Fines & Other
(3,000) (788) 26% (1,013)
01-38313-00-000 Donations -
_0% 01-38316-00-000 Library Public Faxes (1,300)
(37) 3% (456)
01-38325-00-000 Sale of City Property
- 0%
01-38330-00-000 Materials & Labor Sold -
(6,488) 0% 01-38331-00-000 Lot Clean Up (15,000)
(9,567) 64% (2,688)
01-38332-00-000 Billed Electric (5,000)
(2,902) 58% (5,467) 01-38345-00-000 Housing Authority Pilot
(4,000) _0% 01-38350-00-000 Miscellaneous Revenue (250,000) (230,415) 92%
(114,284) 01-38353-00-000 Insurance Recoveries (50,000)
(1,345) 3% 01-38354-00-000 Service Charges
(10,000) (2,326) 23% (1,542) 01-38366-00-000 Credit Card Convenience Fee (1,000) (295) 30%
(215) 01-38368-00-000 Library Card Fees (800)
(400) 50% (175)
01-38498-00-000 Transfer In/Out
(3,248) 0% 188,000 01-38500-00-000 Pool Vending (2,500)
-0% -
01-38501-00-000 Pool Programs (4,000)
_0% 01-38502-00-000 Pool Daily Fees (16,000)
_0% 01-38503-00-000 Sports Complex
(5,000) _0% (368) 01-38504-00-000 Softball
(22,000) (5,258) 24% (525) 01-38505-00-000
Reservations (4,000) (179) 4% (1,941)
01-38506-00-000 Sponsorships -
_0% 01-38507-00-000 Special Events (5,000)
(6,760) 135% (5,758)
01-38509-00-000 Event Center Fees
(9,000) 0% (3,200)
01-38510-00-000 Interlibrary Loan Grant (2,000)
_0% (3,301) 01-38520-00-000 PEDC Note Payments -
Principal (131,300) (43,002) 33%
(47,778) 01-38521-00-000 Nexus Payments (125,000) -
0% (175,000)
Other Revenue
$ (871,400) $ (520,987) 60% $ (299,633)
TOTAL REVENUE
$ (35,467,110) $ (14,194,320) $ (14,624,753)
Police $
10,422,233 $
2,846,128
27%
$ 2,596,164
31 $
249,964
73%
Fire
6,448,100
1,973,544
31%
1,985,162
32
(11,618)
-3%
EMS
5,276,230
1,706,931
32%
1,777,369
54
(70,438)
-21%
Promotional Activity-VCC
1,000,000
261,046
26%
275,534
89
(14,488)
-4%
Other General expenses
1,113,148
400,657
36%
225,947
89
174,710
51%
IT
724,989
210,744
29%
190,017
89-5
20,727
6%
Sanitation
1,817,309
551,110
30%
495,524
44
55,586
16%
Community Development
1,056,342
350,086
33%
273,344
40
76,742
23%
Code Enforcement
805,654
201,020
25%
294,992
40-2
(93,972)
-28%
Streets & Highways
1,450,880
308,579
21%
439,389
46
(130,810)
-38%
Parks and Recreation
1,568,891
360,101
23%
377,863
43
(17,762)
-5%
Library
909,586
282,644
31%
331,318
64
(48,674)
-14%
City Manager
938,785
217,271
23%
176,752
12
40,518
12%
Engineering
734,301
151,335
21%
106,117
41
45,218
13%
Accounting & Auditing
756,254
229,451
30%
163,357
21
66,095
19%
Traffic & Lighting
544,100
141,131
26%
190,261
48
(49,130)
-14%
6%
Garage
457,807
132,369
29%
113,408
49
18,961
3%
City Attorney
414,432
118,546
29%
108,594
13
9,952
1%
Municipal Court
315,050
94,336
30%
90,366
14
3,970
6%
Public Works
284,548
112,414
40%
90,276
42
22,137
1%
City Clerk
243,936
76,502
31%
74,118
15
2,384
-3%
City Council
260,500
73,242
28%
82,226
10
0%
(8,983) Contingency
50,000
-
0%
- 91
0%
0'/°
Paris Band
23,050
-
0%
54
62
(54)
0%
Department Expenditures
January 31, 2026 (33% of the year)
General Fund
2025-2026 Jan-FY26 Jan-FY25 DEPT SHARE OF
Expenditures Budget IT___mmm YTD Actuals %,m,_mmIT YTD Actuals ww_ DEPT 2026 VS 2025 INCR DECR
Cox Field Airport - - 0% 61
Debt Service - 0% 90
0
Total Expenditures �, 37 616,125 $ 10,795!1187. 29% 30458153 341 „mm34
NOTES:
1. Fiscal Year 2026 budget includes a 2% cost of living adjustment for all full-time positions.
2. Police received majority of the budget increase from fiscal year 2025 to 2026; therefore, will see majority of the actual increase.
3. Other General expenses includes one-time technology infrastructure renewals recorded in November 2025.
4. Stipends for EMS and Fire personnel began December 20, 2025. Stipends for Public Works personnel continued from March 29, 2025.
TABLE LEGEND: NO INCREASE OR DECREASE DEPT'S THAT CONTRIBUTE MORE THAN 10% OF THE YR
DECREASE FROM YR OVER YR > 10% OVER YR
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WATER & WASTEWATER
REVENUE &EXPENDITURE
YEAR TO DATE 2026 VS 2025
HIGHLIGHTS
INCLUDING
REVENUE TREND GRAPHS
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Account Number
Revenue
10-37011-00-000
10-37087-00-000
10-37093-00-000
10-37130-00-000
10-37140-00-000
10-37155-00-000
10-37650-00-000
10-38348-00-000
Water and Sewer Fund
Revenue and Expenditures Summary
January 31, 2026 (33% of the year)
Industrial Surcharges
$ (20,000)
$ (8,336)
42%
$ (8,334)
Sewer Charges
(12,024,591)
(3,488,468)
29%
(3,802,412)
Sewer Taps
(15,000)
(4,623)
31%
-
Water Sales
(9,474,177)
(2,761,846)
29%
(3,163,873)
Water Taps
(35,000)
(8,478)
24%
(13,658)
Bulk Pickup Fees
(3,000)
20
-1%
(55)
Interest Earned
(110,000)
(63,728)
58%
(52,415)
Contributions to Rate Study_,
(25,000)
-
0%
-
Miscellaneous
(125,000)
(56,758)
45%
(57,540)
Sanitation BillingFee
(90,000)
(27,432)
30%
(29,768)
Service Charges
(200,000)
(28,505)
14%
(49,480)
Brush Pickup Fees
(3,000)
(810)
27%
(1,100)
Bulk Water Sales
(2,000)
(315)
16%
(495)
Sewer Dumping Fees
(75,000)
(22,031)
29%
(27,223)
W&S Charge Offs
-
96,476
0%
26,895
W&S Returned Check Fees
(3,000)
(1,350)
45%
(1,350)
Credit Card Convenience Fee
(160,000)
(59,613)
37%
(56,274)
Meter Tampering Fees
(1,000)
-
0%
-
Utility Billing Offsets
-
-
0%
(20)
Transfer In/Out
-
1,735,221
0%
4,424,389
Transfer In/Out
-
-
0%
-
Unrealized Gain/Loss Total
-
-
0%
-
Revenue
$ (22,365,768)
$ (4,700,574)
21%
.�.. (2 812 713
2025-2026
Jan-FY26
Jan-FY25
Desch tion,
Budget
�-
YTD Actuals
...,.,_ ... Is
mm„
Percent
YTD Actuals
10-38350-00-000
10-38352-00-000
10-38354-00-000
10-38355-00-000
10-38356-00-000
10-38357-00-000
10-38358-00-000
10-38359-00-000
10-38366-00-000
10-38369-00-000
10-38399-00-000
10-38499-00-000
10-38499-00-001
10-38519-00-000
Expenditures
Dept #
80
81
82
83
85
86
87
90
91
Warehouse
$ 140,188
$ 45,262
32%
$
43,182
W&S Billing and Collections
3,309,037
1,038,721
31%
1,030,574
Water Production
4,833,641
1,185,457
25%
1,169,590
Water Distribution
1,968,567
511,769
26%
669,738
Sewer Maintenance
1,018,925
262,595
26%
176,538
Waste Water Treatment
3,002,366
804,040
27%
929,628
Lift Station
612,353
119,518
20%
197,660
Debt Service
6,951,076
-
0%
-
Contingency Total
178,593
10,700
6%
-
Expenditures
22 014,746
2
3 978 � Oti.....
1 8%
4
$ 216910
2025-2026
Jan-FY26
Jan-FY25
Description
Budget
YTD Actuals,
Percent
YTD Actuals
Net Proceeds (gain) or loss $ (351,022) $ (722,512) 1,404,197
Water & Waste Water Highlights for January 2026
1. YTD Revenue for Water and Waste Water was $4,700,574. The YTD Revenues were 29% of budget with the transfers for debt service
excluded. January experienced a winter storm with several days of freezing temperatures.
2. YTD Expenditures for Water and Waste Water was $3,978,062. The YTD Expenditures were 26% of budget, with debt service excluded.
Compared to last year expenditures, the overall cost decreased $238,848.
3. Fiscal Year 2026 budget includes a 2% cost of living adjustment for all full-time positions.
4. Stipends for Utilities personnel began January 3, 2026.
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COX FIELD AIRPORT
REVENUE & EXPENDITURE
YEAR TO DATE 2026 VS 2025
HIGHLIGHTS
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Cox Field Airport
Revenue and Expenditures Summary
January 31, 2026 (33% of the year)
ARPA Airport Support
General Fund Support
Ramp Grant Revenue
Agrpro, Inc. Property Lease
Cox Field Leases -Land'
Cox Field Rent Hangar Storage
Cox Field Rental Hangars
Charged Fuel Sales
Sales -Aviation Fuel
Ground Leases
Pasture Lease-Eatherly
Interest
Misc Revenue
Transfer In
Gain/Loss on Termination
Interest Income
Lease Revenue
Total Revenue
$ - $
0%
(93,700)
-
0%
(50,000)
-
0%
(8,000)
-
0%
(3,600)
-
0%
(2,000)
(120)
6%
(65,000)
(28,240)
43%
(299,000)
(58,712)
20%
(587,400)
(124,830)
21%
(25,000)
(4,400)
18%
(10,483)
-
0%
(17)
-
0%
(1,900)
(651)
34%
(216,953)„
2025-2026 Jan-FY26
Account Number Description, Budget YTD Actuals
Revenue
03-37180-00-000
03-37194-00-000 03-37605-00-000
03-37609-00-000 03-37610-00-000
03-37630-00-000 03-37631-00-000 03-37632-00-000
03-37633-00-000
03-37636-00-000
03-37640-00-000 03-37650-00-000
03-38350-00-000 03-38498-00-000 03-37188-00-000 03-37901-00-000
03-37903-00-000
0%
0%
0%
0%
19%
Percent
(950)
(32,427)
(107,660)
(171,770)
(19,700)
(159)
(664)
L-1133
,330
Jan-FY25
YTD Actuals
2025-2026 Jan-FY26 Jan-FY25
Expenditures�...._. _ ._.,..., Budget YTD Actuals Percent _ YTD Actuals
03-42031-61-000
Aviation Fuel Expense
$
625,000 $
114,277
18%
$
03-40101-61-000
178,988
03-42130-61-000
Salaries & Wages
155,018
45,370
29%
03-40308-61-000 03-
36,772
40312-61-000
RAMP Expense
100,000
1,421
1%
03-40104-61-000 03-
47,407
40102-61-000
Utilities - Electric
25,000
6,074
24%
03-40103-61-000 03-
7,618
40105-61-000 03-
Utilities - Water & Gas
3,500
768
22%
40303-61-000
707
03-42009-61-099
Ins- Employee Hospitalization
34,139
6,459
19%
03-42069-61-098
4,494
03-40401-61-000
Social Security
12,461
3,713
30%
03-40508-61-000
2,702
TMRS & Pension
19,225
5,698
30%
2,670
Ins- Workers Compensation
1,421
585
41%
352
Insurance & Bonds
58,000
54,491
94%
48,647
Ground Power Unit
-
-
0%
12,753
Runway Project
60,000
-
0%
Building & Grounds
9,000
660
7%
2,959
Lease & Rental Equipment
7,000
650
9%
2,550
All other expenses
36,336
6,725
19%
Total Expenditures
9,290
IT
l 146,100 ...�...
___Z46,892
22%
357,909
Net Proceeds (gain) or loss
$
29,939
$
24,579
Cox Field Air ort hi
hii hts for January2026
1. The YTD Revenue is below budget at 19%; however, Hangar rentals are
exceeding budget at 43%. Fuels sales
are down from last year
due to reduced activity. Last fiscal year nine ground leases were billed and paid in full for the year during the first quarter.
2. The YTD Expenditures was 22% of budget. The Insurance & Bonds inlcudes the annual payment to TML for General Liability and
Worker's Compensation insurance.
3. Fiscal Year 2026 budget includes a 2% cost of living adjustment for all full-time positions.
INVESTMENT REPORT
FOR MONTH ENDING
JANUARY 31, 2026
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INVESTMENT REPORT
FOR MONTH ENDING JANUARY 31, 2026
The information comprises the investment report for the City of Paris, Texas. The under -signed acknowledge that
the City's investment portfolio has been and is currently in compliance with the policies and strategies contained
in the City's Investment Policy as adopted by City Council on January 12, 2026. It is also in compliance with the
requirements of the Public Funds Investment Act of the State of Texas.
Steve Marriott, Finance Director
...
Myra Rog s, Assistant Finance
This report presents an overview of the City's investment portfolio. it shows how the portfolio is structured anc-,'
; it nor,, ., ,�".. 1}'ri','; ;,L "' '' ,i �, �, ,k ', 1, .r,
SAFETY
The City of Paris will diversify its investments type
r r,institution.Exceptfor obligationsof e United
States or its agencies dauthorized pools,o; l of e City Parisportfolio
beinvested in f4efinancial institution
except
,,.♦ local
a ,,., Market and
Certificate
e..r Deposit
are held by the City's local depository. No other institution has more than 50% of the total investment portfolio.
Money Market
60.42%
US Agency
4.45%
US Treasury
5.58%
Certificate of Deposit
0.11%
Local Government
Investment Pool
29.44%
To the extent possible, the City of Paris will attempt to match its investments with anticipated cash flow
requirements. Unless matched to a specific cash flow, the City of Paris will not directly invest in securities maturing
more than 10 years from the date of purchase. The following graph shows the composition by maturity and
liquidity of the portfolio with no maturities past 10 years.
100.00%
INVESTMENT REPORT AS OF JANUARY 31, 2026
RETURN INVESTMENTS
The City's portfolio is designed with the objective of regularly meeting or exceeding the average rate of return on
U.S. Treasury securities at a maturity level comparable to the City's weighted average maturity (WAM) in days. The
City's portfolio weighted average maturity was 118 days. The target weighted average maturity is two years (730
days) or less.
The City had an average yield of 3.96%. The benchmark average treasury yield is 3.67% for 90 days and 3.59% for
180 days. The following chart reflects portfolio performance compared to market rates by month showing the
average portfolio yield exceeding the benchmark average treasury yield at a maturity level comparable to the City's
weighted average maturity (WAM) between 90 and 180 days.
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
0.00%
Oct -25 Nov -25 Dec -25 Jan -26
"'"°Average Portfolio Yield Average Market Yield - 90 days """""""""'f"""""""""'Average Market Yield . 180 days
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Where 7exans rie. a h fligher
CITY OF PARIS, TX
CAPITAL PROJECTS IN
PROGRESS
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UPCOMING CAPITAL
PROJECTS
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Where ans Reach ligher
WORK -IN -PROGRESS PROJECTS:
First Street SE Revitalization Project — Drake
($906,412) — scheduled restart first of February.
Belford Parking Lot — Ibex Concrete ($120,596) —
scheduled to start in February.
. 2025 Mill & Overlay Project— RK Hall ($2,015,222)—
In
$2,015,222)—
In progress.
WWTP Phase I — Thalle ($62,852,642) —
Improvement project estimated final completion is
June 15, 2026.
WWTP Phase II — Drake ($39,988,500)—
Improvement project estimated time of completion
is December 2026.
Memorandum
Agenda Item 8
TO: Mayor, Mayor Pro-Tem, & City Council, Ms. Rose Beverly, City Manager
FROM: Steve Hodges, Engineering Manager.
SUBJECT: Consideration of and action on the Final Plat of the Towers 136 Homes Addition
Block A, Lot 1 & 2. Previously City Block 136, Lot 3 & 4 LOAD: 16208 &
16209
335 & 345 West Sherman
DATE: February 23, 2026
BACKGROUND
The applicant requests approval of a Final plat to build residential homes. This
was a non -platted City Lot and Block.
RECOMMENDATION
Staff recommends approval of the Final plat with the following conditions: None
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or Agenda Item 9
TO: Mayor, Mayor Pro -Tem, & City Council, Ms. Rose Beverly, City Manager
FROM: Steve Hodges, Engineering Department Manager
SUBJECT: Consideration of and action on the Final Plat of the 7 Brews Subdivision, Block
A, Lot 1. Previously City Block 313, Lot 7. LCAD: 21121
3870 Lamar Avenue
DATE: February 23, 2026
BACKGROUND
The applicant requests approval of a Final plat to build a Coffee sales facility.
This was a non -platted City Lot and Block.
RECOMMENDATION
Staff recommends approval of the Final plat with the following conditions: None
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Memorandum
Agenda Item 10
TO: Mayor, Mayor Pro -Tem, & City Council, Ms. Rose Beverly, City Manager
FROM: Steve Hodges, Engineering Department Manager
SUBJECT: Consideration of and action on the Replat of the J.C. Miles Subdivision, Block A,
Lot 1R -2R -3R. Previously J.C. Miles Subdivision Lots 1,2,3,4. LCAD:
129233,129234,129235, & 129236
600 Block of Sycamore
DATE: February 23, 2026
BACKGROUND
The applicant requests approval of a Replat to build a multi -family structures.
RECOMMENDATION
Staff recommends approval of the Replat with the following conditions: None
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Item No. 11
UVTSV� I ff M 1, M
TO: City Council
Rose Beverly, City Manager
FROM: Stephanie H. Harris, City Attorney
SUBJECT: Second Amendment to Residential Tax Abatement Agreement with We're Going to
Paris, LLC (Westgate property)
DATE: February 23, 2026
BACKGROUND: On May 9, 2022, City Council approved a residential tax abatement agreement
with We're Going to Paris, LLC ("Owner") relating to the renovation of the property commonly
known as the Westgate Apartment Complex. Under the terms of that agreement, the Owner was
to have completed the improvements within 12 months of the effective date of the agreement, or
by May 8, 2023. Due to some issues related to financing and other concerns, the Owner requested
that the city extend the deadline to complete the improvements. On December 11, 2023, City
Council agreed to an extension until May 31, 2025 to complete all improvements on the condition
that the Owner either commence construction or secure the property no later than February 12,
2024.
STATUS OF ISSUE: Owner did secure the property in a timely manner; however, it was unable
to begin the renovation in time to complete construction by the May 31, 2025 deadline. Owner has
requested an additional extension for completion until June 15, 2027. As of this writing, the Owner
has pulled permits on each of the buildings in the complex, has begin renovations to several of
them, and currently projects that it will be able to complete the leasing office building and one of
the residential buildings in April of 2026. Retention of the abatement is important to the financing
of the renovation.
BUDGET: No budgetary impact other than that contained in the original tax abatement agreement.
RECOMMENDATION: Move to adopt a resolution approving the second amendment to the
residential tax abatement agreement between City of Paris and We're Going to Paris, LLC in
substantial conformance with the attached and authorize the mayor to execute same on behalf of
the city.
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS
APPROVING AND AUTHORIZING A SECOND AMENDMENT TO THE
RESIDENTIAL TAX ABATEMENT AGREEMENT BY AND BETWEEN THE
CITY OF PARIS, TEXAS AND WE'RE GOING TO PARIS, LLC; MAKING OTHER
FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING
AN EFFECTIVE DATE.
WHEREAS, on May 9, 2022, the City Council of the City of Paris adopted Resolution
No. 2022-033 approving a Residential Tax Abatement Agreement (the "Agreement") by and
between the city and We're Going to Paris, LLC ("Owner") relating to the renovation and
redevelopment of the property in Northwest Paris commonly referred to as the Westgate
Apartment Complex comprising 20 separate buildings; and
WHEREAS, said Agreement provides that the Owner was to have completed the
project within 12 months of the effective date thereof, and
WHEREAS, due to issues with financing and other concerns, Owner was unable to
commence the improvements required under the Agreement and requested additional time
to complete same; and
WHEREAS, on December 11, 2023, by Resolution No. 2023-051, the City Council
approved an amendment to the Agreement (the "Amendment") extending the deadline for
completion of the improvements to May 31, 2024 providing certain other conditions were
met; and
WHEREAS, Owner was not able to commence the improvements in time to complete
same by the May 31, 2025 deadline and has asked for an additional extension until June 15,
2027;and
WHEREAS, Owner has commenced the improvements, pulling permits on all 20
buildings, and hopes to have a leasing office on one of the residential buildings completed by
the end of April, 2026; and
WHEREAS, the City Council continues to believe that the renovation of the property
will provide much needed housing for residents of the city and will contribute to the
economic redevelopment of the Northwest quadrant of the city;
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 and incorporated herein by reference for all purposes.
Section 2. That the terms of the Residential Tax Abatement Agreement as amended
by the original Amendment and by the Second Amendment attached hereto as Exhibit A and
the property the subject thereof continues to meet the city's Guidelines and Criteria for
residential tax abatements adopted by the City of Paris by Resolution No. 202 1-0 12 (in effect
at the time of the approval of the Agreement) and as readopted on April 10, 2023 by
Resolution No. 2023-018, and will lead to the economic development of the city.
Section 3. That the terms and conditions of the proposed Second Amendment,
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 Mayor is hereby authorized to execute the Amendment 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 it
A.
PASSED AND APPROVED in a regularly scheduled meeting of the City Council of the
City of Paris, Texas on this the 23rd day of February, 2026.
Mihir Pankaj, Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, City Attorney
Exhibit A
SECOND AMENDMENT TO
RESIDENTIAL TAX ABATEMENT AGREEMENT
We're Going to Paris, LLC
WHEREAS, the City of Paris, Texas ("City"), a Texas home rule municipal corporation,
and We're Going to Paris, LLC, a Texas limited liability company ("Owner"), acting by and
through their respective authorized officers, have entered into a Residential Tax Abatement
Agreement (the "Agreement") with an effective date of May 9, 2022 (the "Effective Date"), a copy
of which is attached hereto as Exhibit 1 and incorporated herein by reference; and
WHEREAS, said Agreement related to the rehabilitation of property in Northwest Paris
commonly referred to as the Westgate Apartment Complex (the "Property"), provided that as
consideration for said tax abatement, the Owner was to have completed the required improvements
to the real property within twelve (12) months of the Effective Date; and
WHEREAS, twelve months from the Effective Date was May 8, 2023; and
WHEREAS, as of December 11, 2023, due to issues with financing and other
considerations, the Owner had not begun construction on the improvements; and
WHEREAS, on December 11, 2023, the City approved and executed an Amendment to
Residential Tax Abatement Agreement (the "First Amendment"—attached to Exhibit 1 hereto)
to provide for a five (5) year abatement period to begin on January Pt of the year following the
City's issuance of a certificate of completion contingent upon Owner's completion of certain
milestones by February 12, 2024 with the completion of improvements by May 31, 2025; and
WHEREAS, Owner failed to timely meet those milestones, but in the intervening period
has pulled permits for all of the buildings in the complex, has begun substantial work, and is due
to complete construction of the leasing office and one residential building in April of 2026; and
WHEREAS, the City continues to believe that the restoration of the Property will lead to
additional economic development in the Northwest quadrant of the City and provide valuable
housing opportunities for its residents, and thus desires to provide additional time to the Owner to
complete the improvements; and
WHEREAS, an extension of the timelines set forth in the First Amendment will allow
Owner to retain financing and complete the entire project, improving the neighborhood and
substantially increasing the number of rental units available in West Paris;
WITNESSETH:
Section 1. The recitals contained hereinabove are incorporated herein for all purposes.
Section 2. The effective date of this Second Amendment shall be February 23, 2026.
Section 3. Article I, Sec. A ("Term"), paragraph 1.1 (incorrectly labeled as 4.1 in the
Agreement) as amended is hereby further amended to read as follows:
1.1 The Effective Date of this Agreement is May 9, 2022. The five (5) year
abatement period set forth herein shall commence on January 1 st of the year following
City's issuance of a Certificate of Completion and is contingent upon Owner's completion
of all the Improvements required herein by May 31, 202 June 15, 2027. Said t—axah-atefflefi
is i eeatingef4 upon Owner's pl oti - of one , f the following t eenditiens on of
before Febnaafy 12, 2024: r» Gomm— Aruetion orthe T,,..pr-e,,o,,. epA of
seetifing the entire Pr-opef�y by beafding up the buildings thereen se as to prevent pefsen
a the to seetifeas 'rthfotlo
eompletien of the This Agreement shall terminate upon the expiration of
the abatement period unless otherwise terminated by default or agreement of the Parties.
Section 4. Article III, Section 3.5 is hereby amended to read as follows:
3.5 Owner agrees and covenants that it will diligently and faithfully complete
met the Improvements referenced herein in a good and workmanlike manner no later
than May 31, 292 5 June 15 2027.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.
Section 5. Article IV, Section B ("Default"), paragraph 4.5 is hereby amended to read
as follows:
4.5 If (a) the Improvements for which an abatement has been granted are not
completed in accordance with this Agreement '^^'= T: ay ?�- 1, 2025 b June 15 , 2027;
or (b) Owner allows its taxes owed the City to become delinquent and fails to timely and
properly follow the legal procedures for protest or contest of any such; or (c) Owner
materially breaches any of the other terms, provisions or conditions of this 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.
ATTEST:
Janice Ellis
City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris
City Attorney
CITY OF PARIS
By:.. .......................
Mihir Pankaj
Mayor
Date Signed:
WE'RE GOING TO PARIS, LLC
Seth Bame, Manager
Date Signed:
EXHIBIT I
AMENDMENT TO
RESIDENTIAL TAX ABATEMENT AGREEMENT
We're Going to Paris, LLC
WHEREAS, the City of Paris, Texas ("City"), a Texas home rule municipal corporation,
and We're Going to Paris, LLC, a Texas limited liability company ("Owner"), acting by and
through their respective authorized officers, have entered into a Residential Tax Abatement
Agreement (the "Agreement") with an effective date of May 9, 2022 (the "Effective Date"), a copy
of which is attached hereto as Exhibit w1 and incorporated herein by reference; and
WHEREAS, said Agreement related to the rehabilitation of property in Northwest Paris
commonly referred to as the Westgate Apartment Complex (the "Property"), provided that as
consideration for said tax abatement, the Owner was to have completed the required improvements
to the real property within twelve (12) months of the Effective Date; and
WHEREAS, twelve months from the Effective Date was May 8, 2023; and
WHEREAS, due to issues with financing and other considerations, the Owner has not
begun construction on the improvements; and
WHEREAS, the City continues to believe that the restoration of the Property will lead to
additional economic development in the Northwest quadrant of the City and provide valuable
housing opportunities for its residents, and thus desires to provide additional time to the Owner to
complete the improvements; and
WHEREAS, in consideration for this extension of the deadline for completion of the
improvements, the City will require that either construction is commenced or the property is
properly secured by February 12, 2024;
WITNESSETH:
Section 1. The recitals contained hereinabove are incorporated herein for all purposes.
Section 2. The effective date of this Amendment shall be December 11, 2023.
Section 3. Article I, Sec. A ("Term"), paragraph 1.1 (incorrectly labeled as 4.1 in the
Agreement) is hereby amended to read as follows:
1.1 The Effective Date of this Agreement is May 9, 2022. The five (5) year
abatement period set forth herein shall commence on January 1st, ''� of the year
following City's issuance of a Certificate of Completion and is contin�=ent upon Owner's
c„om;iletion of.all ,the Im;xrovements reciuired herein by Mai- 31_„ 2025. Said tax abatement
is also contingent upon Owner's com;•letim� of one of the following two conditions on or
before... February 12 2024.,,,,,(1 � Commend construction ofthe Im xovements: or w(
security the entire Proi1ert b; boardi , gp,the buildings thereon so as to ymrevent person
orersons_from auvn,__enta��ereto,and contmuinb to secure, the buildings„ul throul,h
completion of thejImrovements„This Agreement shall terminate upon the expiration of
the abatement period en May 4,'n'° unless otherwise terminated by default or agreement
of the Parties.
Section 4. Article III, Section 3.5 is hereby amended to read as follows:
3.5 Owner agrees and covenants that it will diligently and faithfully co ml lete
aenstFuet the Improvements referenced herein in a good and workmanlike manner no later
than. a: '' 3 L „2025
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.
Section 5. Article IV, Section B ("Default"), paragraph 4.5 is hereby amended to read
as follows:
4.5 If (a) the Improvements for which an abatement has been granted are not
completed in accordance with this Agreement (w4hia twelve (12) months of the effi�ive
datehefee€ no....later ..than „.May ...3..I, 2QZ5,); or (b) Owner allows its taxes owed the City to
become delinquent and fails to timely and properly follow the legal procedures for protest
or contest of any such; or (c) Owner materially breaches any of the other terms, provisions
or conditions of this 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.
CITY OF PARIS
By-------------I_
grhald B. Hughes
Mayor
Date Signed:
otII urr yr��
ATTESTS
P
ice Ellis
°ity Clerk
AS TO FORM:
H. Harris
City
WE'RE GOING TO PARIS, LLC
Seth w , Manager
Date Signed: 1/11/2024
R.. lo'lly
�
THE STATE OF TEXAS
COUNTY OF LAMAR
RESIDENTIAL TAX ABATEMENT AGREEMENT
This Residential Tax Abatement Agreement (hereinafter the "Agreement) is entered into
by and between the CITY OF PARIS, TEXAS, a Dome rule municipality, situated in Lamar
County, Texas, acting by and through its authorized officer whose signature appears below
(hereinafter called "CITY"), and WE'RE GOING TO PARIS, LLC (hereinafter referred to as
"Owner").
WITNESSETH:
WHEREAS, on February 10, 2020, the City Council 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 April 12, 2021, the City Council of the City of
Paris, Texas passed Resolution No. 2021-012 reauthorizing the city to become eligible to
participate in residential tax abatements and approving guidelines and criteria for the program;
and
WHEREAS, Owner has submitted an application for a residential tax abatement related
to its purchase and rehabilitation (the "Improvements') of the property located at 635 N.W. 71h
St., commonly referred to as the Westgate Apartments (the "Property"); and
WHEREAS, city staff has reviewed the application and the location of the above
described improvements (hereinafter "Improvements") and has determined that the property is
located within the boundaries of Reinvestment Zone 2020-1 and meets the requirements for
Improvements set forth in guidelines and criteria as set forth in Resolution No. 2021-012; and
WHEREAS, the Property has long been an a dilapidated condition and the
Improvements proposed thereto will have a significant impact on the surrounding neighborhood
and on West Paris in general thus justifying an upward deviation from the guidelines and criteria;
and
WHEREAS, furthermore, the restoration of the Property will help to alleviate a housing
shortage within the city;
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:
I.
Term
A. Term
4.1 The Effective Date of this Agreement is May 9, 2022. The five (5) year abatement
period set forth herein shall commence on January 1, 2024, the year following City's issuance of
a Certificate of Completion. This Agreement shall terminate upon the expiration of the
abatement period on May 8, 2029 unless otherwise terminated by default or agreement of the
Parties.
Ill.
The Property—Area to be Improved
2.1 The Improvements defined in paragraph Ili 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:
• Martin St. Addition Block A, Lots 1-20, located at 635 NW 7`h St., Paris, Texas, LCAD
#12932, as more fully set forth in Exhibit 1 hereto, which is incorporated by reference as
if fully set forth herein.
III.
Consideration --Improvements
3.1 The Improvements to be completed consist of the rehabilitation of the dilapidated
apartment complex located on the Properly comprising twenty (20) separate structures, said
Improvements to include:
• Remodel of existing apartment project with new kitchens, flooring, drywall, mechanical,
plumbing, electrical, and roof.
3.2 The total minimum investment in the improvements shall he ONE. MILLION
EIGHT HUNDRED THOUSAND N01100 DOLLARS ($1,800,000.00).
3.3 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.
3.4 Owner shall allow city inspectors access to the Property and Improvements
throughout construction and completion of improvements.
3.5 Owner agrees and covenants that it will diligently and faithfully construct the
Improvements referenced herein in a good and workmanlike manner within twelve (12) months
of the Effective Date of this Agreement. Owner further covenants and agrees that construction of
the Improvements will be in accordance with all applicable state and local laws, codes, and
2
regulations or Owner will procure a valid waiver or variance thereof:
3.6 Owner shall contact City Building Official for final inspection once
Improvements are completed and obtain a Certificate of Completion for the Property.
3.7 Owner may not use the parcels described in Section 2.1 and conveyed to Owner
pursuant to the terms of this Agreement for any other purpose other than to construct the
Improvements set forth in this Article. Use of any parcel for any other purpose than residential
dwelling units shall constitute a separate act of default of the Agreement and will trigger the
default provisions and remedies set forth hereunder.
IV.
Tax Abatement
A. The Abatement
4.1 Subject to the terms and conditions of this Agreement, and in further consideration
for 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 2.1 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,
4.3 This abatement is granted in accordance with the City's Guidelines and Criteria
for the Program, a copy of which is attached hereto as Exhibit,,;, provided, however, in the event
of any conflict between this Agreement and the Guidelines and Criteria for the Program attached
hereto as Exhibit 2, this Agreement shall control.
B. Default
4.5 If (a) the Improvements for which an abatement has been granted are not
completed in accordance with this Agreement (within twelve (12) months of the effective date
hereof); or (b) Owner allows its taxes owed the City to become delinquent and fails to timely and
properly follow the legal procedures for protest or contest of any such; or (c) Owner materially
breaches any of the other terms, provisions or conditions of this 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(x)(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
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 Plarnung 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 arc 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 attorneys 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.
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
4
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 City, 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
(f) 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 City 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 and shall
be due on each yearly anniversary of the Initial Report required by Section 5.6.
5.8 Owner recognizes that these reporting requirements are material conditions of
this Agreement, and a failure to submit such reports when due will constitute a breach hereof.
E. Authority to Contract.
5.9. This Agreement was authorized by resolution of the City Council at its regularly
scheduled meeting on the 9`h day of May 2022, which further authorized the City Manager to
execute the Agreement on behalf of the City.
5
5.10 This Agreement was entered into by Owner pursuant to the authority granted to
the authorized official whose signature appears below.
5.11. 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.
5.12 No officer, official or agent of the City has the power to amend, modify or alter
this Agreement or waive any of its conditions or to bind the City by making any promise or
representation not contained herein.
5.13 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.
5.14 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:
BUILDER:
We're Going to Paris, LLC
Attn: Seth Barrie
6060 N. Central Expressway Ste. 770
Dallas, Texas 75206
CITY:
CITY OF PARIS, TEXAS
Attn: City Manager
P. O. Box 9037
Paris, TX 75461-9037
With.. a.ppll% to
City Clerk, City of Paris, Texas
(Address same as above)
5.15 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
of said Agreement shall not be affected thereby, and to this end the terms and provisions of
this Agreement are declared to be severable.
5.16 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 Norte of the terms of this Agrecrinciia shall ibe waived,
dimhdTged, akered or modified in any respect, exclept by an Agreement un writing signed by
both pwirs and s1iiecifically referring (f) this Agreement. The captionis in this Agreement Mv
included for convenience on1:y and shall not taken into consideration in any constnactiotl Oir
interpmatitnt ii�& this Agreement or an.v of its provisions. This Agreement is performable, in
Lamar Counry, 1"exas, and shall be W)vem,:4-0 IIIA' '"W ccinslrued and enlibirced in accordance Millith
the laws Of file State of "I'MR&S, The 1,irovisiolis of this Agr"nicnt shall apply to, bind and haure
to t1w, benefli of" ffie PIty, Owner, and their rmpective siaccesscii,rs, and pennitletl assigns, if any.
5� 17 Venue Rw any aCtions arisir�iiig under this A.gtwnv,-nt shall He exclusively in the
o,ouris of Umaii County, Fe)i,,as, for any State Couti action, and in the ILS. lsaict Court for
the Uw#ern Disirict of Texas fbi my Weral cmataction,
M" [TNESS out hands 11,�is 111JAY of' IN 2021
+1
ATIT FM
�Y`nice Ellis,
A,;,;,N,j,OVED AS F'10 FORM�
1>,�,:A z4e, �-4
THE CITY 11W'rA—R1 ]FEX ..S
By� � . .... ... . ........ -2
Grayson 'a t, C ity, 2,anapr
We're Going to Paris, LLC
By-
j144"ake— Oide),
7
BEFORE ME, the undersigned authority, on this day personally appeared Grayson Path,
City 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.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this ' .Q, day of May, 2022.
atenre�sr,a E�EN't.O iff3F�i+ASG; N -
�um nana� M -�
o ,w Comm r�g�e s0Y 9��t�23 r
Nolary 4D 126 03,62.16 .wV Notdr% Public i6—%f exas
BEFORE ME, the undersigned authority, on this day personally appeared Seth Bame,
i bi : i, of We're Going to Paas, 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.
GEN UNDER MY HAND AND SEAL OF OFFICE this _J
IVay of May, 2022.
TAMARA BRADLEY
Notary 0 " -
My Commission Expires . ,6fky Public, State of Texan_ „
Wafter 29, 2025
9
LAMAR TEXAS
LEGAL DESCRIPTION:
BEING AN 7.936 ACRE TRACT OF LAND SITUATED IN THE ASA JARMAN SURVEY,
ABSTRACT NO, 479, LAMAR COUNTY, TEXAS, AND BEING ALL OF MARTIN
BLOCK ADDITION, BLOCK A, LOTS 1-20, AS RECORDED IN ENVELOPE 439-B,
OFFICIAL PUBLIC RECORDS, LAMAR COUNTY, TEXAS. SAID 7.936 ACRE TRACT
BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS
FOLLOWS:
BEGINNING AT A 112" IRON ROD (N; 7302105.79, E: 2861328.28) FOUND FOR THE
WEST -MOST NORTHWEST CORNER OF SAID 7.936 ACRE TRACT.
THENCE N 34039'02" E, A DISTANCE OF 88.79 FEET TO A 112" IRON ROD FOUND
FOR THE NORTH -MOST NORTHWEST CORNER OF SAID 7.936 ACRE TRACT
FROM WHICH A FOUND PK NAIL BEARS N 34055'32" E. A DISTANCE OF 12.48
FEET (TIE);
THENCE N 88048'18" E, A DISTANCE, OF 559.18 FEET TO A 1" IRON ROD FOUND
FOR THE NORTHEAST CORNER OF SAID 7.936 ACRE TRACT FROM WHICH A
FOUND "X" IN CONCRETE BEARS N 27°45'57" E. A DISTANCE OF 5.72 FEET (TIE);
THENCE S 02"4110" E, A DISTANCE OF 564.56 FEET TO A 112" CAPPED IRON
ROD "POGUE ENG&DEV" FOUND FOR THE SOUTHEAST CORNER OF SAID 7.936
ACRE TRACT FROM WHICH A FOUND 318" IRON ROD BEARS
N 40°36'32" W, A DISTANCE OF 4.96 FEET (TIE);
THENCE S 88045'12" W, A DISTANCE OF 619.48 FEET TO A 112" CAPPED IRON
ROD STAMPED "TRANSGLOBAL SERVICE" SET FOR THE SOUTHWEST CORNER
OF SAID 7.936 ACRE TRACT FROM WHICH A FOUND 1" IRON ROD BEARS N
02°12'01" E, A DISTANCE OF 7.99 FEET (TIE);
THENCE N 01059'00" W, A DISTANCE OF 493.00 FEET TO THE POINT OF
BEGINNING, CONTAINING 7.936 ACRES OR 345.707 SQUARE FEET OF LAND,
MORE OR LESS.
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RESOLUTION NO. 2021-012
A RESOLUTION OF THE CITY COUNCIL. OF THE CITY OF PARIS, TEXAS
RE -AUTHORIZING THE CITYTO BECOME ELIGIBLE TO PARTICIPATE IN
RESIDENTIAL TAX ABATEMENTS AND APPROVING GUIDELINES AND
CRITERIA FOR THE RESIDENTIAL TAX ABATEMENT PROGRAM;
MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE
SUBJECT, AND DECLAWNG AN EFFECTIVE DATE.
WHEREAS, Sec. 312.002 ofthe Texas Tax Code requires focal taxing entities to state their
intent to participate in abatement agreements and to adopt guidelines and criteria for granting
tax abatements; and
WHEREAS, on October 14, 2013 in Ordinance No. 2013-036, the City Council designated
Reinvestment Zone No. 2013-1 for residential tax abatements; and
WHEREAS, concurrent with Ordinance No. 2013.036, the City Council also approved
Resolution No. 2013-036 electing to be eligible to participate in a residential tax abatement
program and approving Guidelines and Criteria for Residential Tax Abatement Program as
required by statute; and
WHEREAS, on February 9, 2015, the City Council passed Ordinance No. 2015-002
amending Reinvestment Zone 2013-1 For Residential Tax Abatements to expand it to include all
Council Districts in the City and designated the new reinvestment zone as Reinvestment Zone No.
2015-1; and
WHEREAS, on January 9, 2017, the City Council approved Resoulution 2017-001 re-
authorizing the City to become eligible to participate in residential tax abatements and approving
guidelines and criterial for the residential tax abatement program; and
WHEREAS, on April 22, 2019, the City Council approved Resoulution 2019-013 re-
authorizing the City to become eligible to participate in residential tax abatements and approving
guidelines and criterial for the residential tax abatement program; and
WHEREAS, in 2021, City Council re -authorized Reinvestment zone 2015-01 and renamed
it Reinvestment Zone No. 2020-1; and
WHEREAS, pursuant to Texas Tax Code Sec. 312A02(c), guidelines and criteria for tax
abatements are effective for two years from the date adopted; and
WHEREAS, the City Council continues to desire to participate in a residential tax
abatement program in the City of Paris and has been presented Guidelines and Criteria for a
Residential Tax Abatement Program;
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
G6-Ai�;t Z-
approved.
Section 2. The City hereby elects to be eligible to participate in a residential tax abatement
program and adapts the Guidelines and Criteria for Residential Tax Abatement Program attached
hereto and incorporated herein as Exhibit W.
Secgou 3. This resolution shall become effective from and after the date of passage.
PASSED AND APPROVED this 12* day of April, 2021.
ATTEST:
t
-,ice Ellis,
APPROVED AS TO FORM:
d
Steph hie H. Harris, City Attorney
SteveClifford;'-'..D., Mayor
RESIDENTIAL TAX ABATEMENT PROGRAM
GUIDELINES AND CRITERIA
CITY OF PARIS, TEXAS
APRIL 12, 2021
1. GENERAL PURPOSE AND QB -JE -M S
The City of Paris will offer residential tax abatement as a stimulus for econornic development in
designated reinvestment zones located within the corporate city limits of the City of Paris, Texas.
The policy of the City is to grant residential tax abatement for new residential structures and
modernization, rehabilitation or expansion of existing residential structures that meet minimum
investment threshold and comply with these Guidelines and Criteria. All applicants shall be
considered on a case-by-case basis.
II. DEFINITION -OF TERMS
Act -means the Property Redevelopment and Tax Abatement Act, Texas Tax Code Ann. 312-001 et. seq.,
as amended from time to time.
Agreement -means a contractual agreement between an applicant and the City of Paris for the purposes
of tax abatement.
Applicant -means an owner of real property or his authorized agent located in a reinvestment zone or
proposed reinvestment zone who requests tax abatement in accordance with these guidelines.
Base Year Value — means the assessed value of eligible property on January 1. preceding the date of
execution.
Eligible Property - maws new structure or residential improvements located in a designated
Rcinve=cnt Zone.
Modernization - means the replacement, expansion and/or upgrading of single-family residential
improvements for the purpose of reconditioning, refurbishing or expanding a single-family resident.
New Structure - means residential improvements nude to a prop" previously undeveloped which is
planed into use by ratans other than or in conjunction with expansion or modernization.
Reinvestment Zone - means an area designated in accordance with the Act by the City of Paris. Only
property in a Reinvestment Zone may be eligible for tax abatement,
Residential Improvements- means the construction of new single-farnily residential structures and all
the appurtenances thereto, and includes modernization of existing structures. This term does not include
duplexes or multi -family structures.
Total Facility - means all improvements constructed.
page 1 of 4
Value of Improvements — means the appraised value of the residential improvements as determined by
the hamar County Appraisal District and as described in the tax abatement agreement.
HL ELIGIQMITY ANA GDIDEL11 M
Any real property located within a designated reinvestment zone and zoned by the City of Paris for
single-family residential development is eligible and may apply for residential tax abatement. As provided
in the Act, 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 Abatement Agreement between the City of
Paris and the property owner, subject to such limitations as the City of Paris may require.
Nni3mum Inyestttlent — To be eligible for residential tax abatement, an applicant must construct a new
structure on their property or make residential improvements to an existing structure in a minimum
amount of twenty percent (20%) of the appraised value of the property as of January I" of the year that
the tax abatement agreement between the applicant and the City is signed.
Term andPercenta;l; fo€„Aatemea,t - An applicant who has satisfied all the criteria and guidelines for
residential taxM abatement as set out herein, will be eligible for tax abatement in accordance with the
schedule beIow. Abatement will become effective in the tax year following the date of completion of the
improvements and appraisal of the improvements by Lamar County Appraisal District (LOAD).
IV., SCHEDULE OF ABATEMENT
TAX_YEAR ,EATEMEIM
1 100%
2 100%
3 80%
4 60%
5 40%
6 Z.CMV0
*Abatement is applied only to the increased value of the residential improvements that exceeds the base
year value as determined by the Lamar County Appraisal District.
V. APPLICATION„]PROCEDURES
Applications for residential tax abatement 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 City
Council. Any person, partnership, organization, corporation or other entity desiring a residential tax
abatement to encourage development within a designated Reinvestment Zone shall comply with the
following procedural guidelines. All tax abatement applications shall be evaluated on their own merits
within the parameters of these Guidelines and Criteria.
Preliminary Application Steps
A. Applicant or applicant's agent shall submit an "Application for Residential Tax
Abatement” contemporaneously with the application for a building permit. If the
building permit is for new single family residential construction or expansion or
Page 2 of 5
remodeling. of a single-family residential structure in an amount that would make the
owner eligible for residential tax abatement, then staff will provide applicant with a form
application for residential tax abatement. If the applicant for the building permit is not the
owner of the real estate and does not mates application for residential tax abatement on
behalf of the owner, the city staff shall notify the owner (according to Lamar County
Appraisal District records) by certii%d mail, return receipt requested, that residential tax
abatement must be filed with the City within ten (10) business days of reeeipt of the
notice.
B. If applicant chooses not to apply for residential tax abatement at the time that the building
permit is issued, or if the owner fails to respond to the written notice of availability for
residential tax abatement, the opportunity for residential tax abatement is waived. 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
residential tax abatement program. The refusal or waiver to participate in residential tax
abatement by the owner or applicant shall be binding on subsequent owners of the real
propwty.
C. A complete legal description shall be provided.
D. Applicant shall complete all forms and information detailed above and submit all forms
to the City of Paris Building Official.
2. All information in the application package detailed above will be reviewed for completeness and
accuracy. Additional iuftmation 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 structure is new or an existing structure and provide
an estimate of the value of improvements.
4. If Application for residential tax abatement is approved by staff, Applicant must enter into a tax
abatement agreement with the City of Paris and As prepared by the City Attorney.
5. If the Appiicent's property is not located within a designated reinvestment zone the application
will be rejecters and returned to Applicant.
6. The City Council reserves the right to amend the boundaries of a reinvestment zone or to
designate new reinvestment zones.
7. The City Council reserves the right to amend these policies and guidelines as needed.
Vt. LEGAL DOCUMENTATION PREPARATION
The City Attorney will be responsible for drafting the Residential Tax Abatement Agreement in
accordance with state law and these Guidelines and Criteria.
The legal document will include the following:
Page 3 of S
1. Estimated value of new structure or residential improvements to be constructed.
2. Percent of value to be abated each year.
3. Effective date and the ternunation date of abatement.
4. Description of the Improvements, schedule of completion, property description and/or site plan.
5. Applicant agrees to make the now structure or residential improvements available for inspection
by City of Paris, or its authorized mpresentatives, and Lamar County Appraisal District during
construction and upon completion of the project.
6. Contractual obligations in the event of default, violation of terms or conditions, delinquent taxes,
recapture and administration.
Page 4 of 5
Memorandum
Agenda Item 13
TO: Mayor, Mayor Pro -Tem, & City Council, Ms. Rose Beverly, City Manager
FROM: Steve Hodges, Engineering Manager
SUBJECT: 28th NW Sewer Main Improvements
DATE; February 23, 2026
The City of Paris put out for bids for the above -referenced project and on January 22, 2026,
received a total of eight bids. Seven were opened and determined to be responsive, while one
bid was not opened because it was submitted after the deadline. The bid tabulation is
attached. The lowest bidder was Superior Equipment Solutions, LLC with a total project cost
of $575,000.00.
BUDGET: The project will be paid from TxCDBG grant funds in the amount of $500,000.00
and the City's match of $75,000.00. Hayter Engineering has verified the accuracy and
completeness of their bid and found all references to have provided positive feedback about
the company's work performance and capabilities.
RECOMMENDATION: Hayter Engineering and Staff recommend the award of a contract to
Superior Equipment Solutions, LLC.
HAYTER
E N G I N E E R I N G
February 9, 2026
Mihir "Mark" Pankaj, Mayor
City of Paris
135 SE I" Street
Paris, TX 75460
REFERENCE: 28h Street Sewer Line Improvements, TDA CDV23-0206 & HEI #180086
Dear Mayor & Council:
Regarding the above referenced project, bids were received on January 22, 2026. A total of eight bids
were received. Seven were opened and determined to be responsive, while one bid was not opened
because it was submitted after the deadline. Attached is the Bid Tabulation. The low bidder is Superior
Equipment Solutions, LLC in the base bid amount of $430,795.31.
We have verified the accuracy and completeness of the bid. Based on a review of the Statement of
Bidder's Qualifications, we believe them to be responsive and responsible.
We therefore recommend award of this project to Superior Equipment Solutions, LLC in the base bid
amount of $430,795.31. If the City concurs with this recommendation, please sign the attached original
Notice of Award forms. Upon signing, please return all three originals to this office for initiating the
contract execution process.
Sincerely,
HAYTER ENGINEERING, INC. A . OF
1 ° , W/ s * HRISTOPHER M. DONNAN
... :.. ..............
Christopher Donnan, P.E. ar«,�� 10725
Project Manager
Enclosure: Bid Tabulation, (3) Notice of Award forms
Practical Infrastructure OM11JO(IS
4445 SE Loop 286 1 Paris, TX 75460 haytereng.com
I I),S, r%
EJC CR
ENGINEERS JOINT CONTRACT
DOCUMENTS COMMITTEE
Date of Issuance: February 9, 2026
Owner: City of Paris
Engineer: Hayter Engineering
Project: 281h Street Sewer Line Improvements
Bidder: Superior Equipment Solutions, LLC
NOTICE OF AWARD
Owner's Contract No.: TDA CDV23- 0206
Engineer's Project No.: HEI #180086
Contract Name: 28' Street Sewer Line Improvements
Bidder's Address: 8 CR SW 3010, Mount Vernon, TX 75457
TO BIDDER:
You are notified that Owner has accepted your Bid dated January 22, 2026, for the above Contract, and that you
are the Successful Bidder and are awarded a Contract for: 28th Street Sewer Line Improvements
The Contract Price of the awarded Contract is: $430,795.31
[3] unexecuted counterparts of the Contract Documents accompany this Notice of Award.
You must comply with the following conditions precedent within 15 days of the date of receipt of this Notice of
Award:
1. Deliver to Owner [3] counterparts of the Agreement, fully executed by Bidder.
2. Deliver with the executed Agreement(s) the Contract security, i.e. performance and payment bonds,
insurance documentation, and all other forms that comprise the complete Contract Documents as
specified in Article 8 of the Agreement.
Failure to comply with these conditions within the time specified will entitle Owner to consider you in default,
annul this Notice of Award, and declare your Bid security forfeited.
Within fifteen days after you comply with the above conditions, Owner will schedule a preconstruction
conference, issue a Notice Proceed, and return to you one fully executed set of Contract Documents.
Owner: Citv of Paris
Authorized Signature
By: Mihir "Mark" Pa
Title: Mavor
EJCDC" C-510, Notice of Award.
Prepared and published 2013 by the Engineers Joint Contract Documents Committee.
Page 1 of 1
Item No. 14
TEXAS
—F .00A S ECONOMIC DEVELOPMENT CORPORATION
TO: City Council
CC: Rose Beverly, City Manager
FROM: Maureen Hammond, Executive Director
SUBJECT: 2025 Annual Presentation to City Council
DATE: February 19, 2026
Purpose
This memorandum serves as formal notice that the Corporation will present its Annual Report to the
City Council in accordance with governing requirements.
Background
Under Section 4.03 — General Duties of the Board, subsection (7), the Corporation is required to:
"Make an annual report to the City Council on or before March 1st of each year."
Presentation
The Annual Report will be presented at the upcoming City Council meeting. The presentation materials
will be delivered in person at that time.
This memo is informational only.
I look forward to presenting the report and discussing the Corporation's activities and performance with
the Council.
Thank you,
Maureen Hammond,
Executive Director
Memorandum
TO: Mayor, Mayor Pro -Tem & Council
Rose Beverly, City Manager
FROM: Janice Ellis, City Clerk
SUBJECT: UNOPPOSED CANDIDATES
DATE: February 23, 2026
BACKGROUND: In order to cancel the general election in a district, the candidate must be
unopposed. The candidates in Districts 1, 2, 3 & 6 are unopposed and the deadline has passed to
make application to run for City Council. These Council Members will be administered the Oath
of Office on May 11, 2026, at the regular City Council meeting.
STATUS OF ISSUE: Chapter 2 of the Texas Election Law governs the election of unopposed
candidates for political subdivisions. Under Section 2.052 of the Election Code, I have issued a
certification of unopposed status for Districts 1, 2, 3 & 6.
BUDGET: NA.
RECOMMENDATION: Approve an Ordinance declaring Stacy Laddell as an unopposed
candidate in Council District 1, Mickey Ellis as an unopposed candidate in Council District 2,
Gary Savage as an unopposed candidate in Council District 3, and Alix Putnam as an unopposed
candidate in District 6; cancelling the General Election in Districts 1, 2, 3 & 6; and declaring the
unopposed candidates as elected to office pursuant to Election Code Section 2.053.
Certification of Uno posed Candidates
STATE OF TEXAS §
COUNTY OF LAMAR §
CITY OF PARIS §
I, Janice Ellis, hereby certify that I am the duly appointed, qualified and acting City Clerk
of the City of Paris, Texas. I am responsible for having the official ballots prepared for the City
of Paris General Election to be held on May 2, 2026, for the purpose of electing one Council
Member from each of the following Districts: District 1, District 2, District 3 and District 6.
I further certify that in accordance with the Texas Election Laws, Chapter 2, Subchapter
C — Election of Unopposed Candidate, Section 2.051 and Section 2.052 Certification of
Unopposed Status, that Stacy Laddell, District 1; Mickey Ellis, District 2, Gary Savage, District
3; and Alix Putnam, District 6 are unopposed with no write-in candidates being declared, which
allows for the cancellation of the election in District Numbers 1, 2, 3, and 6 by Ordinance of the
City Council.
In witness hereof, I have hereunto set my hand and affixed the official seal of said office
this the 18th day of February, 2026.
m' ice Ellis, E(Do . .. ..... . ........ .
City Clerk
ity of Paris, Texas
ORDINANCE NO.
AN ORDINANCE OF THE CITY OF PARIS, TEXAS DECLARING
UNOPPOSED CANDIDATES IN CITY COUNCIL DISTRICTS 1, 2, 3, AND 6
FOR THE MAY 2, 2026 GENERAL ELECTION BE ELECTED TO OFFICE;
DETERMINING THAT NO GENERAL ELECTION BE HELD IN DISTRICTS 1,
2, 3, AND 6; DIRECTING THAT A COPY OF THIS ORDINANCE BE POSTED
AT APPROPRIATE POLLING PLACES; DIRECTING THAT A CERTIFICATE
OF ELECTION BE ISSUED TO THE UNOPPOSED CANDIDATES; MAKING
OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT;
PROVIDING A REPEALER CLAUSE, A SEVERABILITY CLAUSE, A SAVINGS
CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Paris did heretofore, on the 26th day of
January, 2026, in Resolution No. 2026-004, order the regular municipal election for the City
of Paris to he held on the 2nd day of May 2026, by the qualified voters in Districts 1, 2, 3,
and 6 of the City of Paris; and,
WHEREAS, the City Clerk, Janice Ellis, being the authority responsible for having the
official ballot prepared, has certified, in writing, that the candidates for Districts 1, 2, 3, and
6 are unopposed for election to office with no write-in candidates being declared on the
ballot; and,
WHEREAS, under the authority granted in V.T.C.A., Election Code, Section 2.053, it is
deemed appropriate that the candidates for Districts 1, 2, 3, and 6 be declared elected to
office and that no general election be held in those Districts;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
PARIS, TEXAS:
Section 1. That the findings set out in the preamble to this ordinance are hereby
in all things approved and are incorporated herein for all purposes.
Section 2. That, for the May 2, 2026 general election, the candidate for District 1,
Stacy Laddell, the candidate for District 2, Mickey Ellis, the candidate for District 3, Gary
Savage, and the candidate for District 6, Alix Putnam, having been certified by the City Clerk
as being unopposed for election to office with no write-in candidates being declared, be,
and are hereby, declared elected to office, which term shall begin on May 11, 2026.
Section 3. That, in accordance with V.T.C.A., Election Code, Section 2.053, it is
hereby determined that no elections be held in Districts 1, 2, 3, and 6.
Section 4. That the City Clerk be, and she is hereby, directed to post a copy of this
Ordinance on Election Day at the polling place that would have been used in the general
election.
Section S. That a certificate of election shall be issued to the candidates in the
same manner as provided for a candidate elected at the election.
Section 6. That all provisions of the ordinances of the City of Paris, Texas in
conflict with the provisions of this ordinance are hereby repealed, and all other provisions
of the ordinances of the City of Paris not in conflict with the provisions of this ordinance
shall remain in full force and effect.
Section 7. That the repeal of any ordinance or part of ordinances affected by the
enactment of this ordinance shall not be construed as abandoning any action now pending
under or by virtue of such ordinance or as discontinuing, abating, modifying, or altering
any penalty accruing or to accrue, or as affecting any rights of the municipality under any
section or provisions of any ordinance at the time of passage of this ordinance.
Section 8. That it is the intention of the City Council of the City of Paris that this
ordinance, and every provision hereof, shall be considered severable, and the invalidity or
partial invalidity of any section, clause, or provisions of this ordinance shall not affect the
validity of any other portion of this ordinance.
Section 9. That this ordinance shall become effective from and after its passage.
PASSED AND ADOPTED this 23rd day of February 2026.
Mihir, Pankaj, Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, City Attorney
Item No. 16
TO: Mayor, Mayor Pro Tem, & City Council
Rose Beverly, City Manager
FROM: Steve Marriott, Finance Director
SUBJECT: TEXAS CLASS LOCAL GOVERNMENT INVESTMENT POOL
DATE: February 23, 2026
BACKGROUND: As required under the Local Government Code Section 2256.016, the governing
body, i.e. City Council, must authorize participation in an investment pool by rule, order,
ordinance, or resolution, as appropriate.
STATUS OF ISSUE: Currently the Paris Economic Development Corporation (PEDC) participates
in the Texas Cooperative Liquid Assets Securities System Trust (CLASS) Local Government
Investment Pool. The PEDC board approved participation on February 12, 2003. We would like
to seek approval from the City Council for the City of Paris to participate in the Texas CLASS
Local Government Investment Pool as well. This will give the City another liquid investment
opportunity to diversify the City's portfolio. Approval by City Council is accomplished by passing
the prepared Resolution to Participate and authorizing the Finance Director to sign the
Participation Certificate.
BUDGET: Not affected by this approval.
RECOMMENDATION: Motion to approve participation in Texas Cooperative Liquid Assets
Securities System Trust (CLASS) Local Government Investment Pool.
Texas
Resolution No.
CL�$s
City of Paris, Texas
Texas Cooperative Liquid Assets Securities System True
MMM
WHEREAS, the Public Funds Investment Act, Texas Government Code, Section 2256.001 et seq. (the
Act) requires the governing body of each local government in this state to adopt investment policies in
accordance with the terms of the Act; and
WHEREAS, pursuant to the requirements of the Act, the Board of Trustees (the Governing Body) of
the City of Paris, Texas (the Local Government) has previously reviewed and adopted an
investment policy (the Policy) that provides in part that the funds of the local government will be invested
in investments permitted by the Act in order to: (i) invest only in investments legally permitted under Texas
law; (ii) minimize risk by managing portfolio investments so as to preserve principal and maintain a stable
net asset value; (iii) manage portfolio investments to ensure that cash will be available as required to finance
operations; and (iv) maximize current income to the degree consistent with legality, safety, and liquidity;
and
WHEREAS, pursuant to the Policy and the Act, the Local Government has appointed
Finance Director (the Investment Officer) to act as the investment officer of the Local
Government; and
WHEREAS, the Act provides that funds under the control of a Local Government may be invested
through investment pools meeting the standards of Section 2256.016 of the Act; and
WHEREAS, the Local Government has received and reviewed the Information Statement, dated April
2021 (the Information Statement), of Texas Cooperative Liquid Assets Securities System Trust (the
Program), an investment pool administered by Public Trust Advisors, LLC that sets forth the information
required by Section 2256.016(b) of the Act; and
WHEREAS, the Local Government has determined that the investments proposed to be acquired by
the Program are of a type that are permitted by the Act and are consistent with the Policy; and
WHEREAS, the Local Government has determined that an investment in the Program will assist the
Local Government in achieving the goals set forth in the Policy and will tend to preclude imprudent
investment activities arising out of investment transactions conducted between the Local Government and
the Program; and
WHEREAS, the Local Government understands that the Program operates through the Tenth
Amended and Restated Trust Agreement dated as of February 25, 2021 (the Trust Agreement), that provides
the terms on which the Program will operate and the rights of the Participants in the Program and sets forth
the responsibilities of Public Trust Advisors, LLC as the administrator of the Program (the Administrator)
and of UMB Bank as custodian (the Custodian);
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717 17th Street, Suite 1850 clientservices@texasclass.com
Denver, Colorado 80202 T (800) 707-6242 www.texasclass.com
F (855) 848-9910 Form Version 03/2025
Page 3
Texas
o
Texas Cooperative Liquid AssetsSecurities to Trust
NOW THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE LOCAL GOVERNMENT:
That the form, terms, and provisions of the Trust Agreement, a draft of which was presented and
reviewed at this meeting, providing for the creation of the Program and for the rights of the Program
Participants and the duties and responsibilities of the Administrator be and the same are hereby approved
and adopted; and that the Investment Officer be and he or she is hereby authorized and directed to execute
and deliver to the Administrator and the Custodian in the name and on behalf of the Local Government a
participation certificate evidencing the agreement of the Local Government to be bound by the Trust
Agreement substantially in the form of the Trust Agreement reviewed and approved at this meeting, together
with such changes therein as may be approved by the said officer, such approval to be conclusively
evidenced by the execution thereof; and be it further
Resolved that the investment program established by the Trust Agreement is hereby found and
determined to be consistent with the Policy and to preclude imprudent investment activities arising out of
investment transactions conducted between the Local Government and the Program; and be it further
Resolved that the Governing Body hereby officially finds and determines that the facts and recitations
contained in the preamble of this Resolution are true and correct; and be it further
Resolved that the Governing Body hereby finds and declares that written notice of the date, hour,
place, and subject of the meeting at which this Resolution was adopted was posted for the time required by
law preceding this meeting and that such meeting was open to the public as required by law at all times
during which this Resolution and the subject matter thereof were discussed, considered, and formally acted
upon all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and
the Act; and be it further
Resolved that the officers of the Local Government, and each of them, shall be and each is expressly
authorized, empowered, and directed from time -to -time to do and perform all acts and things and to
execute, acknowledge, and deliver in the name and under the corporate seal and on behalf of the Local
Government all certificates, instruments, and other papers, whether or not herein mentioned, as they may
determine to be necessary or desirable in order to carry out the terms and provisions of this Resolution and
of the Trust Agreement hereby authorized and approved, such determination to be conclusively evidenced
by the performance of such acts and things and the execution of any such certificate, financing statement,
instrument, or other paper; and be it further
Resolved that this Resolution shall take effect and be in full force upon and after its passage.
Mayor Mihir Pankaj
Authorized Signature Date Printed Name
Janice Ellis
Authorized Signature Date Printed Name
717 17th Street, Suite 1850 T (800) 707-6242 clientservices@texasclass.com
Denver, Colorado 80202 F (855) 848-9910 www.texasclass.com
Form Version 03/2025
Page 4
Texas
CL�$s
Texas Cooperative Liuissets Securities System Trust
iiit D - Paliticipation Certificate
The undersigned mmm City of Paris, Texas (the Local Government) does hereby request
that it be admitted as a Participant pursuant to Section 2.3 of the Tenth Amended and Restated Trust
Agreement (the Agreement) dated as of January 31, 2025, by and between the Participants, UMB Bank as
Custodian, and Public Trust Advisors, LLC. By executing this Participation Certificate, the undersigned agrees
that, upon the execution hereof by the Program Administrator, it will become subject to the same obligations
and shall have the same rights as if it had executed the Agreement.
The undersigned hereby certifies that Finance Director ... mmm w... (the Investment Officer)
is the duly designated Representative of the undersigned as required by the Agreement.
The undersigned hereby certifies that its governing body has taken all actions required by Section
2256.016 of the Public Funds Investment Act, Texas Government Code, for it to participate in the Trust
created by the Agreement.
of Paris, Texas
Entity Name
Finance Director
Signature Date Title
Accepted by Administrator (to be completed by Texas CLASS):
Signature Date Title
717 17th Street, Suite 1850 T (800) 707-6242 clientservices@texasclass.com
Denver, Colorado 80202 F (855) 848-9910 www.texasclass.com
Form Version 03/2025
Page 5