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MEMORANDUM
To: Mayor, City Council, City Manager
From: Floyd Batiste, CEO4��(" F( ih5 .
Date: March 29, 2016 �
Subject: P. R.No. 19243; Council Meeting of April 5, 2016
ATTACHED IS PROPOSED RESOLUTION 19243
APPROVING COVENANTS AND RESTRICTIONS FOR THE
JADE AVENUE BUSINESS PARK OF THE CITY OF PORT
ARTHUR SECTION 4A ECONOMIC DEVELOPMENT
CORPORATION
P.R. 19243
3/29/2016 KVM
RESOLUTION NO.
A RESOLUTION APPROVING COVENANTS AND
RESTRICTIONS FOR THE JADE AVENUE BUSINESS PARK
OF THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC
DEVELOPMENT CORPORATION
WHEREAS,the City of Port Arthur Section 4A Economic Development Corporation(the
"PAEDC")has acquired 141 acres off Jade Avenue(the"Jade Avenue Business Park")adjacent to
the current Spur 93 Business Park located on 9555 W. Port Arthur Rd. (the "PAEDC Business
Park"); and
WHEREAS, the Jade Avenue Business Park will allow for future and positive economic
growth for the City of Port Arthur; and
WHEREAS, at a special meeting on March 28, 2016, the PAEDC Board of Directors
approved setting Covenants and Restrictions for the Jade Avenue Business Park as proposed in
Exhibit"A"; and
WHEREAS,the PAEDC Board of Directors recommends the City approve the Covenants
and Restrictions for the Jade Avenue Business Park.
NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That the City Council approves the Covenants and Restrictions for the Jade
Avenue Business Park in substantially the same form as described in Exhibit"A".
Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the
City Council.
READ,ADOPTED AND APPROVED on this day of A.D.,2016,at a
Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES:
Mayor ,
Councilmembers ,
NOES: .
Deloris "Bobbie" Prince, Mayor
ATTEST:
Sherri Bellard, City Secretary
APPROVED:
Floyd Batiste, PAEDC CEO
APPROVER ' S TO '0 :
/
Guy N. Goodson, PAEDC Attorney
APPROVED AS TO FORM:
6kei d er I e r.et/; e4A-) )
Valecia R. Tizeno, City Attorney
#1268953 Page 2
EXHIBIT "A"
WILL BE PRESENTED AT OR BEFORE
THE COUNCIL MEETING