89-036 ORD PROVIDING CODE OF ORDINANCES BE REVISED BY AMENDING CHAPTER 30 OF SAID CODE
ORDINANCE N0. 89-036
AN ORDINANCE OF THE CIT'Y OF PARIS, PARIS, TEXAS, PROVIDING
THAT THE CODE OF ORDINANCES, CITY OF PARIS, BE REVISED BY
AMENDING CHAPTER 30 OF SAID CUDE; PKOVIDING FOR THE ESTABLISHMENT
OF A REINVESTMENT ZONE; REPEALING ALL ORDINANCES OR PARTS OF
ORDINANCES IN CONFLICT HEREWI'TH; AND PROVIDING FOR AN EFFECTIVE
DATE OF OCTOBER 2, 1989.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS:
Section 1. That Chapter 30 of the Code of Ordinances of
the City of Paris, Paris, Texas, be amended so that such shall
read as follows:
"ARTICLE IV. TAX ABAT'EMENT
Sec. 30-50. Reinvestment Zone Number One
(a) Reinvestment Zone Number One, City of
Paris, Paris, Texas, is hereby created to include
the following described property:
BEGINNING at a point in the West Boundary
Line of the St. Louis-San Francisco Railway Right
of Way Line, said point being North 230 East, 610
feet more or less from the Southeast corner of the
Campbell Soup Company property, same being the
Southeast corner of a 20.987 acre tract of land
purchased by Campbell Soup Company from Paris,
Texas Industrial Foundation, Inc.;
THENCE North 670 West, 340 feet more or less
to a line that is 45 feet East of and parallel to
the East wall of Campbell Soup Company Office
Building L-1;
THENCE Northeasterly with said line that is
45 feet East of and parallel with the East wall of
Building L-1, 840 feet more or less to a point;
THENCE Northwesterly 110 feet more or less to
the East wall of Production Building L-4;
THENCE Northeasterly with the East wall of
Building L-4, 200 feet more or less to a point;
THENCE Southeasterly 440 feet more or less to
a point in the West Boundary Line of the St.
Louis-San Francisco Railway Company Right of Way
line;
THENCE Southerly alang the West Boundary Line
of said railroad right of way line, 1,060 feet
more or less to the place of beginning.
(b) There is hereby created a Board of Directors
for Lone Number One consisting of no more than 13
members as follows:
(1) One (1) member appointed by North Lamar
Independent School District.
(2) One (1) member appointed by Paris Junior
College District.
(3) One (1) member appointed by Lamar County
Commissioners Court.
(4) At least four (4) but no more than (10)
members to be appointed by the City Council
of the City of Paris.
(c) A vacancy on the Board is filled for the
unexpired term by appointment of the governing
body of the taxing unit that appointed the
director.
(d) A board mernber must be a qualified voter of
the City of Paris or be at least 18 years of age
and own real property in Zone I.
(e) The Chairman of the Board shall be a member
of the board and shall be appointed by the City
Council of the City of Paris, to serve for a term
of one (1) year. Such term begins on January 1 of
the year following the appointment. The Board of
Directors may elect a Vice Chairman to preside in
the absence of the chairman or when there is a
vacancy in the office of chairman. The board may
elect other officers as it considers appropriate.
(f) The board herein provided for shall not be
appointed unless the same is required by state law
or has duties assigned to it by state law
necessary to tax abatement.
(g) The zone herein established shall take effect
on January 1, 1990, and shall terminate on
December 31, 1996.
(1) The City Council finds that the improve-
ments proposed for the zone are significant,
enhance the value of all of the taxable real
property in the zone and will be of general
benefit to the municipality.
(2) The area of the zone herein created
meets the requirements of Sections 311.005
and 312.202, Tax Code, Vernon's Texas Codes
Annotated."
Section 2. All ordinances or parts of ordinances in
conflict herewith are hereby expressly repealed.
Section 3. This ordinance shall become effective on
October 2, 1989.
Passed and adopted this 2nd day ot 0;ober, 1989.
f.
Eric S. Cli or , Mayor
ATTEST:
Mattie Cunning am, City lerk
APPROVED AS FORM:
. K. aynes, City Attorney