2013-027 RES NOMINATING CAMPBELL SOUP AS AN ENTERPRISE PROJECTRESOLUTION N0. 2013 -027
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS
NOMINATING CAMPBELL SOUP COMPANY, PARIS, TEXAS TO THE OFFICE OF
THE GOVERNOR FOR ECONOMIC DEVELOPMENT AND TOURISM THROUGH
THE ECONOMIC DEVELOPMENT BANK FOR DESIGNATION AS A QUALIFIED
BUSINESS AND ENTERPRISE PROJECT UNDER THE TEXAS ENTERPRISE ZONE
ACT, CHAPTER 2303, TEXAS GOVERNMENT CODE; AUTHORIZING THE CITY OF
PARIS TO PARTICIPATE IN THE TEXAS ENTERPRISE ZONE PROGRAM;
PROVIDING TAX INCENTIVES; MAKING OTHER FINDINGS AND PROVISIONS
RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, the City of Paris, Texas ( "City ") has previously passed Ordinance No. 2011 -026
electing to participate in the Texas Enterprise Zone Program, and the local incentives offered under
this resolution are the same on this date as were outlined in Ordinance No. 2011 -026; and,
WHEREAS, the Office of the Governor Economic Development and Tourism (EDC) through
the Economic Development Bank (Bank) will consider CAMPBELL SOUP COMPANY as an
enterprise project pursuant to a nomination and an application made by the City;
WHEREAS, the City desires to pursue the creation of the proper economic and social
environment in order to induce the investment of private resources in productive business
enterprises located in the City and to provide employment to residents of enterprise zones and to
other economically disadvantaged individuals;
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act, Texas
Government Code (the "Act "), CAMPBELL SOUP COMPANY has applied to the City for designation
as an enterprise project;
WHEREAS, the City finds that CAMPBELL SOUP COMPANY meets the criteria for
designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the following
grounds:
1. CAMPBELL SOUP COMPANY is a "qualified business" under Section 2303.402 of the Act
since it will be engaged in the active conduct of a trade or business at a qualified business
site located in an enterprise zone and at least twenty-five percent (25 %) of the business'
new employees are residents of an enterprise zone in this state or are otherwise
economically disadvantaged individuals; and
2. There has been and will continue to be a high level of cooperation between public, private,
and neighborhood entities within the area; and
3. The designation of CAMPBELL SOUP COMPANY as an enterprise project will contribute
significantly to the achievement of the plans of the City for development and revitalization
of the area.
WHEREAS, the City Council finds that CAMPBELL SOUP COMPANY meets the criteria for
tax relief and other incentives adopted by the City and nominates CAMPBELL SOUP COMPANY for
enterprise project status on the grounds that it will be located at the qualified business site, will
create a higher level of employment, economic activity and stability; and,
WHEREAS, the City finds that it is in the best interest of the City to nominate CAMPBELL
SOUP COMPANY as an enterprise project pursuant to the Act;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS:
That the findings of the City and its actions approving this resolution taken at the
council meeting are hereby approved and adopted.
BE IT FURTHER RESOLVED that CAMPBELL SOUP COMPANY is a "qualified business ", as
defined in Section 2303.402 of the Act, and meets the criteria for designation as an enterprise
project, as set forth in Section 2303, Subchapter F of the Act.
BE IT FURTHER RESOLVED that the enterprise project shall take effect on the date of
designation of the enterprise project by the agency and terminate on June 3, 2018 or such date the
agency requires.
PASSED BY THE CITY COUNCIL of the City of Paris, Texas this 22nd day of July, 2013.
APPROVED AS TO FORM:
Attorney
ATTEST:
nice Ellis, City Clerk
(City Seal)
THE STATE OF TEXAS
COUNTY OF LAMAR
I, Janice Ellis, City Clerk for the City of Paris, Texas do hereby certify that the above and
foregoing is a true and correct copy of Resolution Number 2013 -027 passed by the City of Paris City
Council on the this 22 "d day of July, 2013.
(City Seal) '
ice Ellis, City Clerk