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HomeMy WebLinkAboutPR 20030: IDA AGREEMENT WITH GT LOGISTICS LLC AND GOLDEN TRIANGLE PROPERTIES P. R. NO. 20030 11/29/17 gt RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN INDUSTRIAL DISTRICT AGREEMENT WITH GT LOGISTICS LLC AND GOLDEN TRIANGLE PROPERTIES WHEREAS, on November 11, 2014, the City Council adopted Resolution 14-577 authorizing an Industrial District Agreement with GT Logistics LLC and Golden Triangle Properties., which will expire on December 31, 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 That GT Logistics LLC and Golden Triangle Properties, 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 City Council hereby authorizes the execution of the Industrial District Agreement with That GT Logistics LLC and Golden Triangle Properties, 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. s.pr20030 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 APPROVED AS TO FORM: \rod- 4 / 0 Valecia R. Ti e o, Ci Attorney APPROVED FOR ADMINISTRATION: Harvey Robinson, Interim City Manager s.pr20030 Exhibit "A" WILL BE PRESENTED AT OR BEFORE THE COUNCIL MEETING s.pr20030