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Council approves 5‑and‑5 residential tax‑abatement agreement for five infill lots
Summary
The Paris City Council voted Oct. 13 to approve a residential tax‑abatement and economic development agreement under its 5‑and‑5 housing infill program covering five lots, authorizing incentives under Texas Local Government Code Chapter 380 and Texas Tax Code Chapter 312.
Staff presented a 5‑and‑5 housing infill application and asked council to adopt a resolution approving a residential tax abatement and development agreement for properties in the program area.
Alba Mensah said the application covers five separate lots where the applicant, identified in meeting materials as Christopher Sebastian Martinez (DBA ASA Electric and Construction LLC), proposes single‑family dwellings. Staff stated the properties fall within the program boundaries, the proposed improvements meet program criteria and the incentives conform with Texas Local Government Code Chapter 380 and Texas Tax Code Chapter 312. Staff estimated the combined construction value for the five lots at about $1,000,000.
Council approved the resolution as presented (motion carried, 6–0). The resolution authorizes tax‑abatement incentives under the city’s 5‑and‑5 program; staff did not report additional modifications to the proposed agreement at the meeting.
