Tag: PEDC

 

In 2017, the Paris Texas Chamber of Commerce urged development of the flood plain swamp ground areas at Lake Crook as a state and/or national Wetlands and Wildlife Area. This, we said, would drastically reduce the costs of a new sewer treatment plant, now and in the future, and be a visitor’s and educational draw for Paris.

We even published a survey of new treatment facilities of varying sizes and their costs in cities across Texas, and a few in other states.

Using the development of a Wetland project, projections showed a greatly reduced overall cost for a new plant, the cost coming in at a low of $30 million to a high of $35 million.

We warned, based on what other cities were doing, that the process being engaged in by the City of Paris for a treatment plant, with its estimated cost of $40 to $70-million, would likely end in an exorbitant cost, as bids were not being solicited.

Neither the City of Paris, nor its taxpayers, listened or seemed interested.

The city, the PEDC and the Lamar County Chamber reportedly claimed the Paris Chamber didn’t know what it was talking about –

So, here in 2023, Paris is facing a new sewer treatment plant cost of $100-million-or more. (with the highest 2017 cost under-estimated by $30-million?)

The result for simply not looking at all possible options is that a newly-born baby in Paris will owe another estimated $4,000 dollars of the costs of this one item – as will every man, woman, and child inside the city limits – in addition to the $2600 each already owe in fees and taxes to cover the annual city budget.

While its true that worlds of knowledge exist that we personally know little-to-nothing about, we do know that wasteful spending and higher taxes is no way to run a railroad.

Or a city.

Those in charge of our local community and economic development shouldn’t be talking about anyone not knowing what to do when Paris has lost population for over a quarter of a century.

For decades, not a city council has looked after the taxpayer’s actual interest.

For instance, for over over 25-years Paris has known a new plant was needed. A period of time when city council after city council increased water, sewer and trash pickup fees; money which has generally disappeared into the general budget – and to pay for costly studies. How much of such funds were set aside to meet the future costs?

How were bids requested? Where? When?

City leaders have again contracted for another $300,000-plus study of the problem, which is more waste of money.

It’s worse than gambling: A Paris is always beaten by a flush . . .

return to The Paris Texas Chamber

The Great Art of selling baloney

BY Law, it’s the local Stooges – uh – property tax payers of Paris – who are responsible for all debts of the PEDC. They are the ones who are subsidizing industry in Lamar County, in addition to Paris. Families who can barely afford to feed their kids and pay the cost of city utilities are subsidizing some of the most profitable industries.

Consider that the Paris Economic Development Corporation (the PEDC) gave $350,000 to Blossom Aerospace, a firm in Blossom, Texas, which was recently purchase by an Oklahoma firm.

The PEDC’s President was reported that the gift “aligns with the PEDC’s priorities of business retention and expansion.”

The PEDC’s Executive Director was also quoted, saying that it “was a win for our community that will generate over $70 million in new payroll over the next seven years.”

The money being given away comes from the Paris retail sales tax, of course, not Blossom’s.

And the ability to tell the future – to the dollar – should earn one a multi-billion annual salary or, at least, an appointment as Secretary of the U. S. Department of the Treasury.

Even demented Joe could understand that kind of clarity.

It’s Great Art or a Sharpie drawing.

Every time you clean something, you just make something else dirty.

Regardless, its enough to make you wanta’ slap your Grandma . . .

Yes, we’re told that the local economy does not stop at the Paris city limits, as many of the employees, working in Paris, live in Lamar County and spend money in Paris.

So do some happy folks in Oklahoma, and in Red River, Delta and Fannin Counties.

Using that logic, will Paris subsidize industries in those areas, too?

Are Petty, Direct, Detroit, Roxton, Reno, and all the other Lamar County communities eligible?

For years, we’ve been told a lot of things. Most of it being Happy Talk and Half Truths; all tied together with a logic that defies understanding.

How much of this twisting in the wind help those who cannot afford to pay for salaries, retirement, office expenses, street repairs and water and sewer and property taxes inside the city limits?

Sadly, proponents of corporate welfare suffer from a false belief that they can best determine what technology has the best chance of success, which jobs and products best supply our needs, where best to expend scarce supplies of capital, and that the rest of us will believe just about everything.

For a lot of people, this kind of stuff ruins doing much for Paris.

And the excuse of “They’re creating jobs” ignores the fact that companies need someone in those jobs – people working to create or produce a product that can be sold for a profit. Without bodies, without someone in those jobs, there is no profit.

But the PEDC is swapping cash and other incentives for promises.

Some economically desperate towns will give anything that’s not nailed down to a new industry.

Not only will Paris do it, we’ll throw in some cash as well.

 

In our community ignorance, some refer to the PEDC as the “economic engine” of Paris. They’re off-track. It’s a twisted concept that does harm: Economic development corporations were never intended to be the driving force – in charge – of solicitation, decision-making on awarding incentives, and financing.

An ethical conflict exist in doing all three.

Describing the PEDC as the local “economic engine” is a personal editorial. It misses their purpose: EDCs were to serve as the community’s bankers.

EDCs were to be responsible for doing due diligence for the community on every prospect: Determining credit-worthiness, assets, products, market acceptance of products, etc., of an endeavor – before recommending incentives or arranging financing. This was to protect the taxpayer’s – and their money – and later doing verification; making sure that the terms of the agreement are met to protect the taxpayer’s money.

Even though there are positive models to follow, Paris insists on pursuing programs that have failed to build the community. Examples include

  • keeping ordinances in effect that the city does not enforce equally;
  • establishing re-investment zones in areas where no investment has been made (except the land cost), while ignoring numerous substandard neighborhoods
  • diverting tax dollars from the public base to subsidize private businesses
  • giving tax relief to a few, while forcing others to pay more
  • giving, in cash, tax dollars as incentives; etc.

Not one of those activities can pass the “equal treatment” test.

But until enough potential voters grow tired of their ox being gored, Paris will continue to elect (and appoint) those who act to take money from a lot of pockets and put it in a few selected pockets.

It isn’t charges of corruption that exist so much as it is the costs of notorious and appalling duplicated ‘improvement efforts’ that end up opaque or wasted. For instance, the city, the PEDC, and what used to be the Chamber of Commerce of Lamar County, all three, claim to do “economic” development.

Yet, they seem to never see the wasted efforts, time and money, or understand that “too many cooks spoil the broth.”

No wonder so little is actually accomplished that economically improves the lives of all our citizens.

There is order in all things.

The “economic engine” is the community – which is made up of a lot of working parts: The PEDC is just one of many.

Without the community, the PEDC would not even exist.