2006-073-RES-"00GEDT"
RESOLUTION NO. 2006-073
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
PARIS, TEXAS, NOMINATING CAMPBELL SOUP SUPPLY COMPANY,
LLC TO THE OFFICE OF THE GOVERNOR, ECONOMIC
DEVELOPMENT AND TOURISM ("OOGEDT") THROUGH THE
ECONOMIC DEVELOPMENT BANK ("BANK") FOR DESIGNATION AS
A QUALIFIED BUSINESS AND ENTERPRISE PROJECT ("PROJECT")
UNDER THE TEXAS ENTERPRISE ZONE PROGRAM UNDER THE
TEXAS ENTERPRISE ZONE ACT, CHAPTER 2303, TEXAS
GOVERNMENT CODE ("ACT"); MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN
EFFECTIVE DATE.
WHEREAS, the City of Paris ("City") on October 10, 2005, passed Ordinance No. 2005-
055 electing to participate in the Texas Enterprise Zone Program, and the local incentives
offered under this resolution are substantially the same on this date as were outlined in
Ordinance No. 2005-055;
WHEREAS, the Office of the Governor, Economic Development and Tourism
("OOGEDT") through the Economic Development Bank ("Bank") will consider the project
proposed by Campbell Soup Supply Company, LLC ("Campbell's") as an enterprise project
pursuant to a nomination and an application made by the City;
WHEREAS, the City desires to pursue the creation of the proper economic and social
environment in order to induce the investment of private resources in productive business
enterprises located in the City and to provide employment to residents of enterprise zones and
to other economically disadvantaged individuals;
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act,
Texas Government Code (the "Act"), Campbell's has applied to the City for designation as an
enterprise project;
WHEREAS, the City finds that Campbell's meets the criteria for designation as an
enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds:
1. Campbell's is a "qualified business" under Section 2303.402 of the Act since it will be
engaged in the active conduct of a trade or business at a qualified business site located
in an enterprise zone and at least twenty-five percent (25%) of the business' new
employees will be residents of an enterprise zone or economically disadvantaged
individuals; and
2. There has been and will continue to be a high level of cooperation between public,
private, and neighborhood entities within the area; and
3. The designation of Campbell's as an enterprise project will contribute significantly to
the achievement of the plans of the City for development and revitalization of the area.
WHEREAS, the City finds that Campbell's meets the criteria for tax relief and other
incentives adopted by the City and nominates Campbell's as an enterprise project on the
grounds that it will be located at the qualified business site and will create a higher level of
employment, economic activity and stability; and
WHEREAS, the City finds that it is in the best interest of the City to nominate
Campbell's as an enterprise project pursuant to the Act; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS,
TEXAS:
Section 1. That the findings set out in the preamble to this resolution are hereby in all
things approved.
Section 2. That Campbell's is a "qualified business", as defined in Section 2303.402
of the Act, and meets the criteria for designation as an enterprise project, as set forth in Section
2303, Subchapter F of the Act.
Section 3. That the enterprise project shall take effect on the date of designation of the
enterprise project by the agency and terminate five years from that date.
Section 4. That this resolution shall be effective from and after its date of passage.
PASSED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, this 8th day
of May, 2006.
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Curtis Fendley, ayor,
City of Paris, Texas
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ATTEST:
APPROVED AS TO FORM:
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D. Lestock, Assistant City Attorney