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NOTICE OF CONSIDERATION OF TAX ABATEMENT AGREEMENT <br />Notice is hereby given that the City Council of the City of Paris shall meet in regular session <br />at 5:30 p.m. on Monday, June 12, 2023 to consider a potential tax abatement agreement as set <br />forth below. The meeting will be held at the City Council Chamber, 107 E. Kaufman Street, <br />in Paris, Texas. Due to the CoVID outbreak, facemasks are encouraged for those in <br />attendance of the meeting in the City Council Chamber. A video feed will be available for <br />live viewing at llu�l�� r� °f/a�u� �� �� ��n x �, ay/p�!11„ Ilaic. The matters to be discussed and acted upon are <br />as follows: <br />1. Owner of PEpperty: Huhtamaki, Inc. <br />2. Applicant: Huhtamaki, Inc. <br />3. The Name and Location of the Reinvestment Zone: Pursuant to the 2020 Census, the <br />Property within City of Paris, Lamar County, Texas, is included within an Enterprise <br />Zone, which pursuant to the Texas Enterprise Zone Act (Texas Government Code <br />Chapter 2303) and the Redevelopment and Tax Abatement Act (Texas Tax Code Sec. <br />312.2011) also constitutes designation of the area as a reinvestment zone. The <br />Reinvestment Zone is inside Northwest Loop 286 in Northwest Paris, Census Block <br />Group 482770006001032. <br />4. A General Descriration of the Nature of the Im orovements or Rc1, airs: Planned <br />investment includes $55 million in real property improvements and $30 million in <br />personal property for expansion of current operations. <br />5. The Estimated Cost of the lm �rovements or Re:)airs: $85 million <br />Certification <br />I certify that the above notice of meeting was posted on the bulletin board in the City Hall Annex, 150 First <br />St"�WSE, Pari, Texas and on the City's website at, no later than 5:30 p.m. on <br />'r - 2023. <br />5 <br />I' Ellis, City Clerk <br />S ecial Accommodations <br />This facility is wheelchair accessible and accessible parking spaces are available. Requests for special <br />accommodations or interpretive services must be made forty-eight (48) hours prior to this meeting. Please <br />contact Janice Ellis at (903) 784-9248 for assistance. <br />