2014-016 - Approve nominating Potter Industries as an Enterprise Project.RESOLUTION NO. 2014 -016
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS
NOMINATING POTTERS INDUSTRIES, LLC PROJECT 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 ( "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 approved by
the City Council following a public hearing on August 8, 2011;
WHEREAS, the Office of the Governor Economic Development and Tourism (EDC) through
the Economic Development Bank (Bank) will consider Potters Industries, LLC 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 "), Potters Industries, LLC has applied to the City for designation as an
enterprise project;
WHEREAS, the City finds that Potters Industries, LLC meets the criteria for designation as
an enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds:
1. Potters Industries, LLC 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 (25.0 %) of the business' new
employees will be residents of an enterprise zone or 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 Potters Industries, LLC 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 finds that Potters Industries, LLC meets the criteria for tax relief and
other incentives adopted by the City and nominates Potters Industries, LLC. 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 Potters
Industries, LLC 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 Potters Industries, LLC 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 March 3, 2019 or such date the agency
requires.
PASSED BY THE CITY COUNCIL of the City of
(SEAL)
THE STATE OF TEXAS
COUNTY OF LAMAR
I, Janice Ellis, City Clerk, of the City of PARIS, Texas do hereby certify that the above and
foregoing is a true and correct copy of Resolution Number 2014 -016 passed by the City of
PARIS City Council on the this 14th day of April 2014.
(City Seal) I /
nice Ellis, City Clerk
THE STATE OF TEXAS
COUNTY OF LAMAR
BEFORE ME, the undersigned authority, on this day personally appeared A.J. Hashmi, M.D.
Mayor of the City of PARIS, Texas, known to me to be the person whose name is subscribed to the
foregoing instrument, and acknowledged to me that he /she executed the same for the purposes and
consideration therein expressed.
GIVEN under my hand and seal of office this 14th da—yofMril, 2014.
otary Public, State of Texas
My commission expires: % V
(Notary Seal)