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HomeMy WebLinkAboutPR 19628: IDA BASF TOTAL PETROCHEMICALS LLC, TOTAL PETROCHEMICALS & REFINING USA, INC., AND BASF CORPORATION ("BTP") P. R. NO. 19628 12/08/16 gt RESOLUTION NO. A RESOLUTION AUTHORIZING THE EXECUTION OF THE FIRST AMENDMENT TO THE INDUSTRIAL DISTRICT AGREEMENT BETWEEN THE CITY OF PORT ARTHUR AND BASF TOTAL PETROCHEMICALS LLC, TOTAL PETROCHEMICALS & REFINING USA, INC., AND BASF CORPORATION ("BTP") WHEREAS, on December 23, 2013, the City Council adopted Resolution No. 13- 619 authorizing an Industrial District Agreement with BASF TOTAL Petrochemicals LLC, Total Petrochemicals & Refining USA, Inc., and BASF Corporation (also referred to as "BTP"), which will expire on December 31, 2016; and WHEREAS, the City Council of the City of Port Arthur deems it in the best interests of the citizens of Port Arthur to enter into a First Amendment to the Industrial District Agreement with BASF TOTAL Petrochemicals LLC, Total Petrochemicals & Refining USA, Inc., and BASF Corporation (also referred to as "BTP"), pursuant to Sections 42.044 and 212.172 of the Texas Local Government Code, and Article 1, Sections 5 and 6, of the City's Charter. 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 hereby authorizes the City Manager to execute a First Amendment to the Industrial District Agreement with BASF TOTAL Petrochemicals LLC, Total Petrochemicals & Refining USA, Inc., and BASF Corporation s.pr19628 (also referred to as "BTP"), in substantially the same form as attached hereto as Exhibit Section 3. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. 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 City Council hereby authorizes the execution of a First Amendment to the industrial district agreement with BASF TOTAL Petrochemicals LLC, Total Petrochemicals & Refining USA, Inc., and BASF Corporation (also referred to as "BTP"), in substantially the same form as Exhibit"A" attached hereto. Section 3. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this day of , 2016 AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: , Councilmembers: , NOES: . s.pr19628 Derrick Freeman, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: \./At i Valecia R. TizJ., City Attorney APPROVED FOR ADMINISTRATION: Brian McDougal, City Manager s.pr19628 Exhibit "A" WILL BE PRESENTED AT OR BEFORE THE COUNCIL MEETING s.pr19628