Loading...
90-019 ORD PROVIDING CODE OF ORDINANCES BE REVISED BY AMENDING CHAPTER 30 OF SAID CODE ORDINANCE N0. 90-019 AN ORDINANCE OF THE CITY OF PARIS, PARIS, TEXAS, PROVIDING THAT THE CODE OF URDINANCES, CITY OF PARIS, BE REVISED BY AMENDING CHAPTER 30 OF SAID CODE; PKOVIDING FOR THE ESTABLISHMENT OF REINVES'TMENT ZONE N0. TWO: REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND PKOVIDING FOR AN EFFECTIVE DATE OF JULY 5, 1990. WHEREAS, the City Council of the City of Paris, Paris, Texas, desires to promote the development or redevelopment of a certain contiguous geographic area within its jurisdiction by the creation of a reinvestment zone for commercial and industrial tax abatement, as authorized by the Property Redevelopment and Tax Abatement Act, as amended; and, WHEREAS, on the 5th day of July, 1990, a hearing before the City Council was had, such date being at least seven (7) days after the date of publication of the notice of such public hearing and the delivering of written notice to a11 taxing entities which includes within its boundaries of real property that is to be included in the proposed reinvestment zone; and, WHERE;AS, the City at such public hearing invited any interested person to appear and speak for or against the creation of the reinvestment zone and whether all or part of the territory described should be included in the proposed reinvestment zone, and any concerns regarding the offering of tax abatement incentives; and, WHEREAS, the proponents of the reinvestment zone offered evidence, both oral and documentary, in favor of all the foregoing matters relating to the creation of the reinvestment zone and 0_ opponents of the reinvestment zone appeared to contest the creation of the reinvestment zone, if any; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: gl: That the facts and recitations contained in the preamble of this Ordinance are hereby found and declared to be true and correct. §2: That the City, after conducting such hearing and having heard such evidence and testimony, has made the following findings and determinations based on the evidence and testimony presented to it: a) That the public hearing on adoption of the reinvestment zone has been properly called, held and conducted and that notices of such hearings have been published as required by law and mailed to all taxing units overlapping the territory inside the proposed reinvestment zone; arid, b) That the boundaries of the reinvestment zone should be the area as described in the metes and bounds description attached hereto as Exhibit A and depicted on the plat attached as Exhibit B; and, c) That creation of the proposed zone with boundaries as described in Exhibit A and Exhibit B will result in benefits to the City and to land included in the zone and that the improvements sought are feasible and practical; and, dj That the reinvestment zone as defined in Exhibit A and Exhibit B meets the criteria for the creation of a reinvestment zone as set forth in the Property Redevelopment and Tax Abatement Act, as amended, in that it is "reasonably likely as a result of the designation to contribute to the retention or expansion of primary employment or to attract major investment in the zone that would be a benefit to the property and that would contribute to the ecanomic development of the City"; and, e) That the reinvestment zone as described in Exhibit A ancl depicted in the plat attached as Exhibit B meets the City's policy on guidelines and criteria for the creation of a tax abatement reinvestment zone and eligible tor tax abatement. 113: That pursuant to the Property Redevelopment and Tax Abatement Act, as amencied, the City hereby creates a reinvestment zone for commercial and industrial tax abatement encompassing only the area described by the metes and bounds in Exhibit B and such reinvestment zone is hereby designated and shall hereafter be referred to as Reinvestment Zone No. Two of the City of Paris, Texas. 94: That the zone shall take effect on July 5, 1990, and shall remain designated as a commercial and industrial reinvestment zone for a period of five (5) years from such date of designation. Prior to or upon such date of expiration the City Council may renew such designation for additional successional period not exceeding two (2) years; provided, no agreement may be extended beyond ten (10) years from the date of the original agreement. §5: That to be considered for execution of an agreement for tax abatement the commercial and industrial project shall: a) Be located entirely within the designated zone; b) Create at least twenty (20) or more jobs; c) Have a minimum expenditure of $250,000.00 for the proposed improvements or repair; d) Not include property that is owned or leased by a member of the City Council of the City of Paris nor by a member of the Planning and Zoning Commission; and, e) Conform to all the requirements of the City's zoning ordinance. §6: That written agreements with the property owner located within the zone shall provide for the following: a) Terms regarding the amount and duration of the tax exemption; b) A listing of the kind, number, location and costs of all proposed improvements of the property; c) That access to the project be provided to allow for the inspection by City inspectors and officials in order to ensure that the improveinents or repairs are made according to the specifications and conditions of the agreement; d) That property tax revenue lost as a result of the tax abatement agreement will be recaptured by the City if the owner of the property fails to make the improvements as provided by the agreement. 97: That if any section, paragraph, clause or provision of this Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause, or provision shall not affect any ot the remaining provisions ot this Ordinance. §8: That it is hereby tound, determined and declared that a sufficient notice of the date, hour, place and subject of the meeting of the City Council at which this Ordinance was adopted was posted at a place convenient and readily accessible at all times as required by the Open Meetings Law, Article 6252-17, V.T.C.S., and that a public hearing was held prior to the designation of such reinvestment zone and that a proper notice of the hearing was published in the official newspaper of the City, and furthermore, such notice was in fact delivered to the presiding officer of any affected taxing entities as prescribed by the Property Redevelopment and Tax Abatement Act, as amended. §9. That this Ordinance shall take effect immediately from and after its passage by the City Council. Passed and approved on this 5th day of July, 1990, by the City Council of the City of Paris, Paris, Texas. ~ Curtis Fen ey, Mayor Pro Tem A'I'TES'I' : Mattie Cunningham, Ci y Clerk APPROVEll AS 0 FORM: . K. ayne , City Attorney ~ DESCRIPTION OF KIMBERLY-CLARK PROPERTY Situated about 21 miles South 55 degrees West of the City of Paris, County of Lamar, and State of Texas, a part of the Lemuel Ewer Survey a part of a 157.52 acre tract of land conveyed Nellie Bankhead 0'Neill by deed recorded in Volume 186, Page 250, of the Deed Records of said County and State. BEGINNING at a stake for corner in the South Boundary Line of the Texas and Pacific Railroad at the Northwest corner of said tract of Texas and Pacific Railroad at the Northwest corner of said tract of land. THENCE North 76 degrees 30 minutes East along the South Boundary Line of said Railroad a distance of 3856 feet to a stake for corner; THENCE along the Southwesterly Boundary Line of Loop Highway 286 as follows: South 43 degrees 30 minutes East a distance of 276 feet; South 49 degrees 30 minutes East a distance of 702 feet; South 40 degrees East a distance of 651 feet; South 3 degrees East a distance of 214 feet to a concrete marker for corner; THENCE South 32 degrees West along the West Boundary Line of FM 137 a distance of 309 feet to a stake for corner; THENCE North 89 degrees 20 minutes West a distance of 4716 feet to a stake for corner; . THENCE North a distance of 708 feet to the place of beginning and containing 128.38 acres of land. EXHIBIT A CD. LI' r~ . . ~ ~ ~ • ~ . ~ - . • . . ~ ~ .-1 . ~ ~ . • . \ . . . . . . ~ _ . ~ . . . . . . . . • , . : ~ . . . . . . . ~i~: . c', ~ ~ . . , : . E-3 u ~ W . I '7 u c7 r- ~ . ` . ~ ' ~ ~ . . . . • . ~ • ~ ~ r . ~i i:x1'!'~. • ' 1 • : . . Q . . , . . . . . . . . . . : . . ~ . ~ . - ..f . . . . . . . o-.. . . . . . ~ .t. . . • . . ~ : ~s . . . ; . ' . ~ . • •1 ~ ~ • . . , . ~ . . . . . _ . ~ . . _ . • . i . • . ~ . ' ~ Z ~ • ~ . . cti Z W Y W . > ~ . N Q ~ • ' Q ~ C . . . O L I.D. W LlJ S Q • . ~1. U O . W (n ~ U i w (n . ~ i i 1 1 i Q m U L w~' . EXHIBIT B ~