2015-002 - Amending Reinvestment Zone No. 2013-1, more particularly described in Exhibit A attached (includes districts 6 & 7), as reinvestment zone 2015-1 for residential tax abatementORDINANCE NO. 2015 -002
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS
AMENDING REINVESTMENT ZONE NO. 2013 -1 AND DESIGNATING THE CITY
LIMITS OF THE CITY OF PARIS, TEXAS, MORE PARTICULARLY DESCRIBED IN
EXHIBIT "A" ATTACHED HERETO, AS REINVESTMENT ZONE NO. 2015 -1 FOR
RESIDENTIAL TAX ABATEMENT; DESCRIBING THE BOUNDARIES THEREOF;
PROVIDING FOR ELIGIBILITY REQUIREMENTS FOR TAX ABATEMENT WITHIN
SAID ZONE; PROVIDING REQUIREMENTS FOR TAX ABATEMENT
AGREEMENTS AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, on October 14, 2013, the City Council of the City of Paris, Texas, enacted
City Ordinance No. 2013 -036 creating Reinvestment Zone No. 2013 -1 for Residential Tax
Abatement in City Council District Nos. 1 — 5 as depicted in the map included with Ordinance
2013 -036; and,
WHEREAS, the City Council now wishes to expand the Residential Tax Abatement
Program to all areas of the City by amending Reinvestment Zone 2013 -1 to include City Council
Districts 6 and 7; and
WHEREAS, as authorized by the Property Redevelopment and Tax Abatement Act,
Chapter 312 of the Texas Tax Code (the "Act "), the City Council amends Reinvestment Zone
No. 2013 -1 to include Council Districts 6 and 7 designates Reinvestment Zone No. 2015 -1 to
promote the development or redevelopment of a contiguous geographic area throughout the Paris
corporate city limits the use of tax abatement; and
WHEREAS, a public hearing before the City Council was called February 9, 2015 at
5:30 p.m., such date being at least seven (7) days after the date of publication of the notice of
such public hearing; and,
WHEREAS, the City held such public hearing after giving written notice of said hearing
to all taxing units overlapping the territory inside the proposed reinvestment zone; and
WHEREAS, at the hearing the City invited all interested persons to appear for or against
the creation of the reinvestment zone, the boundaries of the proposed reinvestment zone, and the
concept of residential tax abatement in the proposed reinvestment zone.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
PARIS, TEXAS:
SECTION 1. Definitions. In this Ordinance, the following words shall be defined as
follows:
(a) Improvement shall include, for the purpose of establishing eligibility under section
312.202, TEX. TAX CODE, new single - family construction and expansion or
modernization of existing single - family structures.
(b) Taxable Real Property shall be as defined in the Texas Property Tax Code and shall
not include personal property located in the reinvestment zone.
(c) Base Year the base year for determining increased value shall be the taxable value of
the real property and any fixed improvements as of January 1 of the year in which the tax
abatement is executed.
SECTION 2. Determinations. The Paris City Council, after conducting a public hearing,
receiving evidence and testimony from all persons wishing to be heard, hereby makes the
following findings and determinations:
(a) That a public hearing on the adoption of the Reinvestment Zone has been properly
called, held and conducted and that the required notice of such hearing has been given to
the public and to all taxing units overlapping the territory inside the proposed reinvestment
zone;
(b) That the boundaries of the area of the reinvestment zone shall be the area described
and depicted in Exhibit "A" which is attached hereto and incorporated herein by reference;
(c) That the creation of the Reinvestment Zone for residential tax abatement with
boundaries as described and depicted in Exhibit "A" will result in benefits to the City and
to the land included in the Reinvestment Zone and the improvements sought are feasible
and practical;
(d) That the Reinvestment Zone, as described and depicted in Exhibit "A" attached hereto,
satisfies the criteria for the creation of a Reinvestment Zone as set forth in Section
312.202 of the Act;
(e) That the Reinvestment Zone as defined and depicted in Exhibit "A" meets the criteria
for the creation of a reinvestment zone as set forth in the City of Paris Guidelines and
Criteria for Residential Tax Abatement;
SECTION 3. Creation of Reinvestment Zone. Pursuant to the Property Redevelopment
and Tax Abatement Act, Chapter 312 TEX. TAX CODE, the City Council of the City of Paris
hereby creates and designates a Reinvestment Zone for residential tax abatement encompassing
the areas as described and depicted in Exhibit "A" which shall be known as Reinvestment Zone
2015 -1 of the City of Paris, Texas.
SECTION 4. Term. The term of Reinvestment Zone 2015 -1 shall be for a period of
five (5) years and may be renewed for successive five -year terms.
SECTION 5. Eligibility for Tax Abatement. To be eligible for residential tax
abatement within City of Paris Reinvestment Zone No. 2015 -1, a project shall:
(a) Meet the standards set forth in the City of Paris Guidelines and Criteria for Residential
Tax Abatement program;
(b) Be located wholly within the reinvestment zone as established herein;
(c) Not include property that is owned or leased by a member of the City Council of the
City of Paris or by a member of the Planning and Zoning Commission;
(d) Conform to the requirements of the City's Zoning Ordinance and all other applicable
laws and regulations;
(e) Have and maintain all land and improvements located within the designated
reinvestment zone, appraised at market value for tax purposes.
SECTION 6. Tax Abatement Agreement Requirements. All agreements for
abatement of taxes within Reinvestment Zone No. 2015 -1 shall comply with Section 312.205 (a)
of the Act and must:
(a) List the kind, number and location of all proposed residential improvements to the
property;
(b) Provide for access to the property and authorize inspection of the property by
municipal employees to insure that the improvements are made according to the terms,
conditions and specifications of the Agreement;
(c) Limit the uses of the property consistent with the general purpose of encouraging the
development and redevelopment of the Reinvestment Zone during the period that property
tax exemptions are in effect; and
(d) Provide for recapturing property tax revenue lost as a result of the Agreement if the
owner of the property fails to make the improvements or maintain the improvements as
provided in the Agreement.
(e) Require the owner of the property to certify annually to the governing body that the
owner is in compliance with each applicable term of the Agreement;
(f) Provide that the governing body of the municipality may cancel or modify the
Agreement if the property owner fails to comply with the Agreement.
SECTION 7. Severability. That it is the intention of the City Council of the City of
Paris that this ordinance and every provision hereof, shall be considered severable, and the
invalidity or partial invalidity of any section, clause, or provisions of this ordinance shall not
affect the validity of any other portion of this ordinance.
SECTION 8. Effective Date. This Ordinance shall become effective from and after its
passage and publication as required by law.
PASSED AND ADOPTED this 9th day of February, 2015.
Matt Frierson, Mayor
ATTEST:
nice Ellis, City Clerk
APPROVED AS TO FORM:
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W. Kent McIlyar, Attorney
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