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HomeMy WebLinkAboutPR 20020: IDA AGREEMENT WITH BASF TOTAL PERTROCHEMCIALS LLC, TOATAL PETROCHEMICALS & REFINING USA, AND BASF CORPORATION BTP P. R. NO. 20020 11/29/17 gt RESOLUTION NO. A RESOLUTION AUTHORIZING THE EXECUTION OF AN 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 13, 2016, the City Council adopted Resolution No. 16- 341 authorizing 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"), which will expire on December 30, 2017; 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 an 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 an 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 attached hereto as Exhibit "A". 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 December, 2017 AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: • NOES: Derrick Freeman, Mayor ATTEST: Sherri Bellard, City Secretary APPROVE ' AS TO FORM: ASl 1 Valecia 8/. V o, ty A orney APPROVED FOR ADMINISTRATION: Harvey Robinson, Interim City Manager s.pr20020 Exhibit "A" WILL BE PRESENTED AT OR BEFORE THE COUNCIL MEETING s.pr20020