96-060 ORD NOMINATING AREA AS ENTERPRISE ZONE PURSUANT TO TX ENTERPRISE ZONE ACT
ORDINANCE NO. 96-060
AN ORDINANCE OF THE CITY OF PARIS, PARIS, TEXAS, NOMINATING AN AREA
AS AN ENTERPRISE ZONE PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT
(TEXAS GOVERNMENT CODE, CHAPTER 2303); PROVIDING TAX INCENTIVES;
DESIGNATING AN AUTHORIZED REPRESENTATIVE TO ACT IN ALL MATTERS
PERTAINING TO THE NOMINATION AND DESIGNATION OF THE AREA
DESCRIBED HEREIN AS AN ENTERPRISE ZONE AND REINVESTMENT ZONE
(TEXAS TAX CODE, CHAPTER 312); AND N'LJRTHER DESIGNATING A LIAISON TO
ACT ON ALL MATTERS PERTAINING TO THE ENTERPRISE ZONE ACT ONCE
DESIGNATED BY THE TEXAS DEPARTMENT ON' COMMERCE.
WHEREAS, the City Council of the City of Paris, Paris, Texas, desires to create the
proper economic and social environment to induce the investment of private resources in
productive business enterprises located in severely distressed areas of the City and to provide
employment to residents of such area; and,
WHEREAS, certain coiiditioiis exist in such area which represent a threat to the
health, safety, and welfare of the people of such area; and,
WHEREAS, it is necessary aiid in the best interest of the City to nominate such area
as an enterprise zone pursuant to the Texas Enterprise Zone Act (Texas Government Code,
Chapter 2303, the "Act"); NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY Or PARIS:
Section l. That the City hereby iiominates the area set forth on and attached hereto as
Exhibit A.
Section 2. That the City Council finds the zoiie area meets the qualificatiotls of the Act.
Section 3. That the City Council will provide certain tax incentives applicable to business
enterprises in the zone which are not applicable through the City as follows:
The City shall refund to any qualified business located in such
enterprise zone the amount of tax paid under the Municipal
Sales and Use Tax (Texas Tax Code, Chapter 321) by the
business and remitted to the Comptroller of Public Accounts up
to the maximum exteiit authorized by Sections 2303.505 and
2303.506 of the Act, and for a period determined by the City,
but which shall not exceed 5 years.
The City may abate taxes on the increase in value of real
property improvements and eligible personal property that locate
in a designated enterprize zone. The level of abatement shall
be based upon the extent to which the business receiving the
abatement creates jobs for qualified employees, in accordaiice
with the attached Exhibit B, and with qualified employee being
defined by the Act.
Other incentives that may be negotiated in the proposed enterprise zoiie on a
case by case basis are as follows (the first 3 being offered only in the proposed
enterprise zone);
Waiver of development fees to enterprise zone businesses
meeting minimum standards.
Accelerated zoning and permit procedures. Enterprise zone
businesses will be processed upon receipt, before non-enterprise
zone businesses already in hand.
Transfer of city-owned surplus land at below market prices for
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Transfer of city-owned surplus land at below market prices for
the public purpose of economic development. The ability to
purchase city-owned land shall be based upon the extent to
which t11e business receiving the property creates jobs for
qualified employees, in accordance with the attached Exhibit C.
Capital improvements in water and sewer facilities and road
repair.
The City will apply for training grants for new permanent jobs
as available and appropriate to the industry.
One-stop permitting.
Improved fire and police protection.
Low interest loans for housing rehabilitation or improvement.
Section 4. That the area described in Nhis ordinance is designated as an enterprise zone
and a reinvestment zone, subject to the approval of the Texas Department of
Commerce.
Section 5. That the City Council directs and designates its City Manager as the City's
authorized representative to act in all matters pertaiuing to the nomination and
designation of the area described herein as an enterprise zone and a
reinvestment zone.
Section 6. That the City Council further directs and designates its City Project Director
as liaison for communication with the Department to oversee zone activities
and communications with qualified businesses.
Section 7. That a public hearing to consider this ordinance was held by the City Council
on September 19, 1996.
Section 8. That this ordinance shall take effect from and after its passage as the law and
charter in such case provides.
PASSED AND ADOPTED by t11e City Council of the City of Paris, Paris, Texas,
on the 14th day of October, 1996.
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Eric S. CATTEST:
,
Mattie Cunningham, City Cle k
APPROVED S TO FORM:
. . a ne ity Attorney
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I, Mattie Cunningham, City Clerk for the City of Paris, Paris, Texas, certify that the
above i;; a*rue and correct copy of Ordinance No. 96_060 on file in the City offices of the
Citv ot Paris, Pai-is, Texas, and that I, as City Clerk of the City of Paris, have legal custody of
such writing.
4yr Matt
ie Cunilingham, COctober 14, 1996
That the foregoiiig ardinance was read for the first time and passed this the day
of October, 1996, by the following vote:
Ayes ri_ Nays _C~
PASSED AND ADOPTED this the 14th day of October, 1996.
AT ►'EST.: ,
Mattie Cunningham, City C1 k Eric S. liffo,r„d; 'IVlayor
CITYO ARIS, PARIS, TEXAS
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EXHIBIT A
City of Paris Enterprise Zone boundary is as follows:
For a 9.33 square mile tract of land within the City of Paris, Paris, Texas, ai1d
particularly described as follows:
BEGINNING at the intersection of the centerline of North Main Street with the
centerline of Stone Avenue projected to the West;
THENCE Southerly with the centerline of North Main Street and the centerline of
South Main to its intersection with the centerline of Hearne Street;
THENCE Easterly with the ceiiterline of Hearne Street to its intersection with the
centerline of Church Street;
THENCE Southerly with the centerline of Church Street to its intersection with a line
that is 600 feet south of and parallel to the centerline of the outside lane of Loop 286;
THENCE Westerly with a line that is 600 feet South of and parallel to the centerline
of the outside lane of Loop 286 to its intersection with the centerline of the Atchison Topeka and
Santa Fe Railroad;
THENCE Southwesterly with the centerline of the A.T. & S.F. Railroad to its
intersection with the centerline of Cottonwood Branch;
THENCE Northerly with the centerline of Cottonwood Branch to its intersection with
the centerline of the Missouri-Pacific Railroad;
THENCE Easterly with the centerline of the Missouri-Pacific Railroad to its
intersection with a line that is 600 feet west of and parallel to the centerline of the outside lane
of Loop 286;
THENCE Northwesterly, Northerly, and Northeasterly with a line that is 600 feet
from and parallel to the centerline of the outside lane of Loop 286 to its intersection with the
West Boundary Line of an 8.119 acre tract purchased by the Paris Economic Development
Corporation from the Paris Industrial Foundation;
THENCE North along the West Boundary Line of said 8.119 acre tract a distance of
approximately 465 feet to the northwest corner of said tract;
THENCE East a distance of approximately 403.96 feet to a point being the northwest
corner of an 8.514 acre tract of land purchased by the Paris Economic Development Corporation
from the Paris Industrial Foundation, continuing East a distance of approximately 619.99 feet
to a point being the northeast corner of said 8.514 acre tract;
THENCE South a distance of approximately 50 feet to a line that is 600 feet northwest
of and parallel to the centerline of the outside lane of Loop 286;
THENCE 1Vorthwesterly, Northerly, and Northeasterly with a line that is 600 feet
from and parallel to the centerline of the outside lane of Loop 286 to its intersection with the
West Boundary Line of a 26.326 acre tract purchased by Campbell Soup Company from Smith;
THENCE North 0 Degrees 24 Minutes East with the West Boundary Line of said
Smith tract 475 feet, more or less, to a point, said point being in the South Boundary Line of
a 6 acre tract purchased by Campbell Soup Company from Holley;
THENCE South 89 Degrees 30 Minutes East, a distance of 389 feet with said Holley
South Boundary Line to the Southeast Corner of said Holley tract;
THENCE North 1 Degree East a distance of 1229.6 feet to the most Westerly
Northwest Corner of a 35.532 acre tract purchased by Campbell Soup Company from Council;
THENCE North 89 Degrees 30 Minutes East a distance of 577 feet to an ell corner
in said 35.532 acre tract;
THENCE North 0 Degrees 15 Minutes East a distance of 1014.2 feet to the most
Northerly Northwest corner of said 35.532 acre Council tract;
THENCE East a distance of 3,043 feet, more or less, to a point in the centerline of
the Burlington-Northern Railroad;
THENCE North to the centerline of Lake Crook Road;
THENCE Southeasterly to the west boundary line of North Main Street;
THENCE South with the west boundary line of North Main Street to the projected
centerline of Stone Avenue and the place of beginning and containing 9.33 square miles.
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EXHIBIT B
Local Business lncentive: Tax Abatement
1. Proposed Incentive:
The City of Paris proposes the offering of tax abatement to local qualified businesses.
2. Description uf the Incentive•
The City of Paris has agreed to abate the increased valuation of property taxes on real
property developed, redeveloped, or improved to qualitied businesses in the enterprise zone.
The amount of tax abated on any increment in value addeci to the ad valorem value of the
property will be determined by the following objective criteria.
A. Economic Development Policy
1. Ob,jective Requirements.
a. The business must have a minimum of 10 new full-time positions,
with full-time being defined as at least 1040 hours annually, or
b. Add at least $100,000 ad valorem value to the current value of the
business.
c. Must make 1,000 points if a new inclustry or 250 points if existing
industry making an expansion. Points are awarded in the following
manner:
1) Locating in an abandoned huilding - 200 points.
2) For each newly created full-time position on the payroll - 7
points.
3) For each newly created full-time position on the payroll that
is occupied by a handicapped or economically disadvantaged
person - an aciditional 7 points to the already awarded 7
points.
4) For each $10,000.00 in capital investment generated -10
points.
5) For each $20,000.00 in annual payrull - 5 points.
B. Abatement Eligibility.
Abatement percentages will be awarded depending upon points collected in the
following categories tor new and expanding-existing industries:
Points
Year 250 to 600 601 to 1.000 1,001 or more
1 100 % 100 % 100 %
2 75 % 100 % 100 %
3 50 % 100 % 100 %
4 25 % 75 % 100 %
5 10% 50% 75%
6 0% 25% 50%
7 0% 10% 25%
Rehahilitation will he given pretierence over new construction.
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EXHIBIT C
Local Business Incentive; Transfer of City-Owned Land
l. Proposed Incentive:
The City of Paris proposes offering the transfer of city-owned land in the enterprise
zone at below market prices for the public purpose of economic development.
2. Description of the Incentive:
The City of Paris has agreed to transfer city-owned land located in the enterprise zone
at below market prices. The ability to purchase city-owned land in the enterprise zone
at below market value shall be based upon the extent to which the business receiving
the property creates jobs for qualified employees, as shown below.
A. Economic Development Policy
l. Objective Requirements.
a. The business must have a minimum of 10 new full-time
positions, with full-time being defined as at least 1820 hours
annually, or
b. Add at least $100,000 ad valorem value to the current value of
the property„
c. Must make 1,000 points of a new industry or 250 points if
existing industry making an expansion. Points are awarded in
the following manner:
1) Locating in an abandoned building - 200 points.
2) For each newly created full-time position on the payroll
- 7 points.
3) For each newly created full-time position on the payroll
that is occupied by a handicapped or economically
disadvantaged person - an additional 7 points to the
already awarded 7 points.
4) For each $10,000.00 in capital investment generated -
10 points.
5) For each $20,000.00 in annual payroll - 5 points.
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