2004-029-RES AMENDMENT NO. ONE TO TAX ABATEMENT AGREEMENT WITH TURNER INTERNATIONAL PIPING SYSTEMS, INC.
RESOLUTION NO.
2004-029
A RESOLUTION OF THE CITY OF PARIS, PARIS, TEXAS, APPROVING
AND AUTHORIZING AMENDMENT NO. ONE TO TAX ABATEMENT
AGREEMENT BETWEEN THE CITY OF PARIS, PARIS, TEXAS, AND
TURNER INTERNATIONAL PIPING SYSTEMS, INC. DATED FEBRUARY
18, 1999; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO
THE SUBJECT; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Paris did heretofore, on the 8th day of
February, 1999, in Ordinance No. 99-011, establish Reinvestment Zone No.7 in the city of Paris
for commercial and industrial tax abatement as authorized by the Property Redevelopment and Tax
Abatement Act, as amended, being V.T.C.A. Tax Code, Chapter 312; and,
WHEREAS, the City Council of the City of Paris did heretofore, on the 8th day of
February, 1999, in Resolution No. 99-016, pass and adopt a policy on tax abatement incentives;
and,
WHEREAS, the City Council of the City of Paris did heretofore, on the 18th day of
February, 1999, in Resolution No. 99-024, authorize the execution of a Tax Abatement Agreement
with Turner International Piping Systems, Inc., and,
WHEREAS, on November 20,2003, Turner International Piping Systems, Inc. adopted
Articles of Conversion, to be effective December 31, 2003, converting Turner International Piping
Systems, Inc. into Turner International Piping Systems, L.L.c., and the terms of said Tax
Abatement Agreement are in need of revision to reflect such conversion; and,
WHEREAS, the form of Amendment No. One to Tax Abatement Agreement Between the
City of Paris, Paris, Texas, and Turner International Piping Systems, Inc. Dated February 18,
1999, attached hereto as Exhibit A, should in all things be approved, and the Mayor should be
authorized to execute the same; 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 form of Amendment No. One to Tax Abatement Agreement Between
the City of Paris, Paris, Texas, and Turner International Piping Systems, Inc. Dated February 18,
1999, attached hereto as Exhibit A, be, and the same is hereby, approved.
Section 3. That the Mayor be, and he is hereby, authorized and directed to execute, on
behalf of the City of Paris, said Amendment No. One, under the terms and conditions and in the
form shown in Exhibit A, attached hereto.
Section 4. That this resolution shall be effective from and after its date of passage.
PASSED AND APPROVED this 9th day of February, 2004.
C),>J, )/ "-,-C<,,
Curtis Fendle , Mayor
ATTEST:
/:'Yka<-J 1Jcr/}0
Sherian Dixon~ Temporary Acting City Clerk
APPROVED AS TO FORM:
AMENDMENT NO. ONE TO TAX ABATEMENT AGREEMENT
BETWEEN THE CITY OF PARIS, PARIS, TEXAS,
AND TURNER INTERNATIONAL PIPING SYSTEMS, INC.
DATED FEBRUARY 18, 1999
STATE OF TEXAS
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KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LAMAR
WHEREAS, the City Council ofthe City of Paris did heretofore, on the 8th day of February,
1999, in Ordinance No. 99-011, establish Reinvestment Zone No.7 in the City of Paris for
commercial and industrial tax abatement as authorized by the Property Redevelopment and Tax
Abatement Act, as amended, being V.T.C.A. Tax Code, Chapter 312; and,
WHEREAS, the City Council ofthe City of Paris did heretofore, on the 8th day of February,
1999, in Resolution No. 99-016, pass and adopt a policy on tax abatement incentives; and,
WHEREAS, the City Council of the City of Paris did heretofore, on the 18th day of
February, 1999, in Resolution No. 99-024, authorize the execution of a Tax Abatement Agreement
with Turner International Piping Systems, Inc.; and,
WHEREAS, the terms of said Agreement are in need of revision; NOW, THEREFORE,
WITNESSETH
1. That, effective December 31,2003, all references in the Tax Abatement Agreement between
the City of Paris, Paris, and Turner International Piping Systems, Inc. dated February 18,
1999, to Turner International Piping Systems, Inc. shall mean Turner International Piping
Systems, L.L.c.
2. That Turner International Piping Systems, L.L.C. agrees to assume all rights, obligations,
and responsibilities under said Tax Abatement Agreement.
3. That all other terms and conditions of said Tax Abatement Agreement shall remain in full
force and effect.
EXHIBIT A
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EXECUTED on the 9th day of February, 2004.
CITY OF PARIS, PARIS, TEXAS
By:
Curtis Fendley, Mayor
ATTEST:
Mattie Cunningham, City Clerk
APPROVED AS TO FORM:
Larry W. Schenk, City Attorney
TURNER INTERNATIONAL PIPING
SYSTEMS, L.L.C.
By:
President
ATTEST:
Secretary
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