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Council reauthorizes residential reinvestment zone for tax abatements
2155246 · January 27, 2025
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Summary
After a staff presentation and public hearing, the council approved an ordinance authorizing Reinvestment Zone 2025‑1 to continue residential tax abatement authority for the city, 7‑0.
The Paris City Council voted 7‑0 Jan. 27 to authorize Reinvestment Zone 2025‑1, a reinvestment zone that enables residential tax abatement agreements under the city’s program.
City staff (Miss Harris) explained the five‑year renewal process required by state law and noted the reinvestment zone had been established previously in 2013, expanded in 2015 and reauthorized in 2020. ‘‘What this tax…
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