HomeMy WebLinkAboutPR 20021: PR 20020: IDA AGREEMENT WITH BASF CORPROATION P. R. NO. 20021
11/29/17 gt
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE EXECUTION OF AN
INDUSTRIAL DISTRICT AGREEMENT BETWEEN THE CITY OF
PORT ARTHUR AND BASF CORPORATION
WHEREAS, on December 13, 2016, the City Council adopted Resolution No. 16-
342 authorizing a First Amendment to the Industrial District Agreement with BASF
Corporation, 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 Corporation, 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 Corporation, 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.
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READ, ADOPTED, AND APPROVED, this day of , 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 I AS TO FORM:
Valecia . moo, co A orne
APPROVED FOR ADMINISTRATION:
Harvey Robinson, Interim City Manager
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Exhibit "A"
WILL BE PRESENTED AT
OR BEFORE THE COUNCIL MEETING
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