2004-164-RES ELECTING TO BECOME ELIGIBLE TO PARTICIPATE IN TAX ABATEMENT AGREEMENTS AS AUTHORIZED UNDER THE PROPERTY REDEVELOPMENT AND TAX ABATEMENT ACT AS AMENDED
RESOLUTION NO. 2004-164
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
PARIS, TEXAS, ELECTING TO BECOME ELIGIBLE TO PARTICIPATE
IN TAX ABATEMENT AGREEMENTS AS AUTHORIZED UNDER THE
PROPERTY REDEVELOPMENT AND TAX ABATEMENT ACT, AS
AMENDED; DIRECTING THE CITY MANAGER TO DEVELOP
GUIDELINES AND CRITERIA TO GOVERN ALL TAX ABATEMENT
AGREEMENTS WITH THE CITY OF PARIS; MAKING OTHER FINDINGS
AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City Council of the City of Paris desires to promote economic development
within Paris; and,
WHEREAS, the creation of certain reinvestment zones for tax abatement purposes within
the City of Paris and its extraterritorial jurisdiction, especially within the City's enterprise zone area,
will likely contribute to the economic development of Paris by encouraging major investment and
the creation of jobs; and,
WHEREAS, the passage of Senate Bill 1225 (70th Legislature) amended the Property
Redevelopment and Tax Abatement Act to allow cities to establish their own local criteria for the
designation of reinvestment zones for tax abatement purposes; 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 the City of Paris does hereby elect to become eligible to participate in tax
abatement agreements as authorized under the Property Redevelopment and Tax Abatement Act,
Chapter 312 of the Texas Tax Code, as amended.
Section 3. That the City Manager shall develop guidelines and criteria to govern all tax
abatement agreements with the City of Paris as required by the Property Redevelopment and Tax
Abatement Act, as amended.
Section 4. That this resolution shall be effective from and after its date of passage.
PASSED AND ADOPTED this 22nd day of sePtem~e(, 2004. 7
"
.)
ATTEST:
L)JuN-~ ~
Sherian Dixon, Assistant City Clerk
APPROVED AS TO FORM:
III w'
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CITY OF PARIS, PARIS, TEXAS
TAX ABATEMENT AND REINVESTMENT ZONE DESIGNATION
APPLICATION
TIDSAPPLICATION MUST BE RECEIVED BY THE CITY NOT LESS THAN SIXTY (60) DAYSPRIOR TO THE
DATE THAT CONSTRUCTION OF THE IMPROVEMENTS IS EXPECTED TO COMMENCE.
1. NAME OF APPLICANT FIRM:
Paris Warehouse 107, Inc.
2. ADDRESS:
2300 13th S.W., Paris, Texas 75460
3. TELEPHONE: _903-737-0522
4. PROJECT ADDRESS (ifdifferent from above):
_2300 13th SW, Paris, Texas
5. TYPE OF BUSINESS ORGANIZA nON (corporation, etc.):
_Corporation
in the state of _ Texas_
6. NAME(S) OF PRINCIPAL OWNERS OR OFFICERS:
_Woodrow Wilson Harper
_Susan Harper
7. IS TIllS BUSINESS SEASONAL IN NA 11JRE: _YES _X_NO
8. NUMBER OF CURRENT EMPLOYEES: We Pack Paris Employees
(in Enterprise Zone)
76
(in City of Paris)
121
(in Lamar County)
127
EXHIBIT A
9.
CURRENT PAYROLL (in City of Paris):
$_50,000 weekly
10.
NUMBER OF NEW JOBS PROPOSED:
_30
11. LIST THE TYPE AND NUMBER OF NEW JOBS TO BE CREATED AND THE PROJECTED
SALARY FOR EACH JOB:
_20 Packagers, 5 Forklift Operators, 4 Clerical, I Supervision
12. PLEASE PROVIDE INFORMATION PERTAINlNG TO THE TRANSFER OF JOBS RELATED
TO THE IMPROVEMENTS OR EXPANSION:
_This is based on moving current production in Sulphur Springs at one of our facilities to Paris and
the projected increase in business based on our customer feedback.
13.
TOTAL IMPACT ON PAYROLL FROM NEW JOBS:
$470,000 armuaJJy
14. PRE-PROJECT MARKET VALVES, AS DETERMINED FOR LOCAL PROPERTY TAXATION,
OF THE EXISTING FACILITY, SITE, TANGillLE PERSONAL PROPERTY, AND
INVENTORY:
A. REAL PROPERTY: 5 acres @ $1,500 per acre
$_7,500
B.
TANGillLE PERSONAL PROPERTY
$_0
15. GNE A DETAILED DESCRIPTION OF THE PROPOSED IMPROVEMENTS OR EXPANSION
(ATTACH ADDITIONAL SHEETS, IF NECESSARY):
_We are planning to add approximately 172,000 square feet to oW' cuneot facility located at 2300
13 th S. W., Paris, Texas with the construction of a new building joined to oW' current building. In addition to
expanded warehousing to service our customers, we are going to expand our packaging area to accommodate
our growing business.
16. THE ESTIMATED DATE OF COMPLETION OF THE IMPROVEMENTS:
April 01, 2005
17. THE ESTIMATED DATE OF OPERATION OF THE IMPROVEMENTS OR EXPANSION:
April 01, 2005
18. ESTIMATES OF AMOUNTS TO BE INVESTED:
A. PURCHASE OF LAND/BUILDING: $
B. NEW BUILDING CONSTRUCTION: $
C. BUILDING ADDmONS: $
D. IMPROVEMENTS TO EXISTING BLDG. $
E. MACHINERY & EQUIPMENT: $
F. FURNITURE & FIXTURES: $
TOTAL INVESTMENT AMOUNT $
19. TOTAL INVESTMENT ELIGIBLE FOR ABATEMENT:
$15,000
4,900,000
20,000
300,000
10,000
5,245,000
$_5,245,000 from item 17 (please circle) ABC D E F
20. LIST THE TYPE AND VALUE OF ECONOMIC DEVELOPMENT INCENTIVES REQUESTED
(I.E., TAX ABATEMENT, LOCAL SALES TAX REFUND, SALE OF CITY-OWNED
PROPERTY, ETC.):
Tax Abatement
$
$
$
$40,000
_Local Sales Tax as available through the Enterprise Zone
21. FOR TOTAL PERSONAL PROPERTY INVESTMENT INDICA TED ABOVE IN ITEM 19, LINES
E & F, SHOW PROJECTED DOLLAR VALUE IN EACH DEPRECIA nON SCHEDULE.
I.
(7yr) _$310,000
(10 yr)
(12 yr)
IV. (16 yr)
V. (18 yr)
VI. (20 yr)
n.
m.
22. NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM NUMBER: 49311/488991
23. NAME, ADDRESS, AND PHONE NUMBER OF CONTACT FOR THE PURPOSES OF TIllS
APPLICATION:
_David Owens, 2510 South Church, Paris, Texas 75460 903-783-7139
24. INDICATE THE DATE AND TIME TI:lA T CITY OFFICIALS MAY INSPECT THE CURRENT
FACILITIES PRIOR TO THE COMMENCEMENT OF CONSTRUCTION:
_August 16,2204 through August 20,2004, by appointment with David Owens
25. IF APPLICABLE, THE NAME, ADDRESS, AND PHONE NUMBER OF ANY CONSULTANT/
FINANCIAL ADVISOR ASSISTING YOU WITII TIllS APPLICATION:
26. NAME AND TITLE OF PERSON WHO WILL HAVE AUTHORITY TO SIGN ANY
AGREEMENTS RELATED TO TIllS APPLICA nON:
Woodrow Wilson Harper
27. DO YOU INTEND TO SUBMIT AN ENTERPRISE PROJECT APPLICA nON?
~
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28. PLEASE A TIACH THE FOLLOWING:
1. A PLAT SHOWING THE PRECISE LOCATION OF THE PROPERTY, ALL
ROADWAYS WITHIN 200 FEET OF THE SITE, AND ALL EXISTING ZONING
AND LAND USES WITHIN 200 FEET TO THE SITE.
2. IF THE PROPERTY IS DESCRIBED BY METES AND BOUNDS, A COMPLETE
LEGAL DESCRIPTION.
3. IF A RECENT APPRAISAL HAS BEEN DONE, ATIACH THE SAME HERETO.
OTHERWISE, ATTACH A COPY OF THE PRINTOUT FROM TIffi LAMAR
COUNTY APPRAISAL DISTRICT WHICH SHOWS THE VALUE OF THE
PROPERTY. THIS PRINTOUT SHOULD BE AVAILABLE UPON REQUEST.
CERTIFICATIONS
1. THE APPLICANT BELIEVES THE INFORMATION CONTAINED HEREIN AND
SUBMITTED HEREWITH IS COMPLETE AND CORRECT TO THE BEST OF HIS
OR HER KNOWLEDGE.
2. THE APPLICANT HEREBY CERTIFIES THAT THE EXPANSION OR
CONSTRUCTION OF IMPROVEMENTS THE SUBJECT OF THIS APPLICATION
HAS NOT BEEN COMMENCED.
3. THE APPLICANT UNDERSTANDS THAT INITIATION OF THE PROJECT PRIOR
TO RECEIVING FINAL LOCAL APPROVAL MAY RESULT IN THE LOSS OF
THE ABATEMENT.
4. THE APPLICANT UNDERSTANDS THAT, IF APPROVED, THE INFORMATION
CONTAINED IN THIS APPLICATION WILL FORM THE BASIS FOR A SIGNED
AGREEMENT BETWEEN THE APPLICANT FIRM AND THE CITY. STATE LAW
AND LOCAL POLICY REQUIRE ANNUAL MONITORING FOR COMPLIANCE TO
THAT AGREEMENT. FAILURE TO COMPLY MAY RESULT IN LOSS OF
INCENTIVES.
5. THE APPLICANT HEREBY CERTIFIES THAT THE FIRM IS CURRENT IN ALL
TAX OBLIGATIONS TO THE CITY OF PARIS.
COMPANY:
By:
Name: David Owens
Title: Vice-President - Operations
Date: __August 16, 2004