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HomeMy WebLinkAboutPR 20059: IDA OXBOW CALCINING, LLC P. R. NO. 20059 12/20/17 gt RESOLUTION NO. A RESOLUTION AMENDING RESOLUTION NO. 17-358 AS IT PERTAINS TO AN INDUSTRIAL DISTRICT AGREEMENT BETWEEN THE CITY OF PORT ARTHUR AND OXBOW CALCINING, LLC WHEREAS, on December 19, 2017, the City Council adopted Resolution No. 17- 358 authorizing an Industrial District Agreement with Oxbow Calcining, LLC, 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 a Third Amendment to the Industrial District Agreement with Oxbow Calcining, LLC, 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 Resolution No. 17-358 is hereby amended to authorize the Interim City Manager to execute a Third Amendment to the Industrial District Agreement with Oxbow Calcining, LLC, 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. s.pr20059 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 Ford Freeman, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: VD.1 Valecia R. TizenoXity Attorney APPROVED FOR ADMINISTRATION: Harvey Robinson, Interim City Manager s.pr20059 Exhibit "A" s.pr20059 STATE OF TEXAS § § COUNTY OF JEFFERSON § THIRD AMENDMENT TO INDUSTRIAL DISTRICT AGREEMENT WITH OXBOW CALCINING, L.L.C. This Third Amendment ( "Amendment" ) to the Industrial District Agreement entered into by and between the City of Port Arthur, Texas (the "City" ) and Oxbow Calcining, L.L. C. (hereinafter referred to as "Property Owner" ) . The City and Property Owner are each hereinafter sometimes referred to individually as a "Party" and collectively as the "Parties . " Capitalized terms used herein and not otherwise defined herein shall have the respective meanings ascribed to such terms in the Agreement (as hereinafter defined) , unless otherwise stated. RECITALS WHEREAS, the City and the Property Owner are parties to that certain Industrial District Agreement entered into effective as of January 1, 2014 (the "Agreement" ) , which expires on December 30, 2017 (per the Second Amended Agreement) ; and WHEREAS, the Parties desire to amend the Agreement to extend the term of the Agreement for one (1) additional year, and as a result of such extension, the Agreement will expire on December 30, 2018; and s.ida oxbow third amendment WHEREAS, parties further agree to amend Sections 5, 6, 12, 20, 30 of the Agreement signed on December 8, 2016 (Second Amended Agreement) pursuant to City Council Resolution No. 16- 334 . AGREEMENT NOW, THEREFORE, in consideration of the premises and the mutual undertakings contained herein, the Parties hereby amend the Agreement as follows : A. Term of the Agreement: The parties agree to amend the Agreement for one (1) additional year, and as a result of such extension, the Agreement will expire on December 30, 2018. Therefore, Sections 6, 10, 12, 20 of the Agreement is amended to delete all references in the current agreement relating to an expiration date of "2017" to reflect an expiration date of "2018 . " It is the intention of the parties to finalize negotiations toward a ten (10) year Industrial District Agreement within a thirty (3 0) day period. Therefore, Section 30 of the Agreement is hereby amended to read in its entirety as follows : "This Agreement is effective the 1st day of January, 2018 , and shall expire on the 30th day of December, 2018. " S.ida oxbow third amendment IN WITNESS WHEREOF, each of the Parties has executed this Amendment on the date indicated above its signature line below. SIGNED AND AGREED to on the day of , 2017 . OXBOW CALCINING, L.L.C. BY: PRINT NAME: TITLE: ACKNOWLEDGMENT STATE OF § COUNTY OF § BEFORE ME, the undersigned Notary Public, on this day personally appeared , known to me to be the person whose name is ascribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of Oxbow Calcining, L.L.C. for the purposes and considerations therein expressed, and the capacities therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, THIS THE day of , A.D. , 2017. NOTARY PUBLIC, STATE OF TEXAS PRINT NAME: COMMISSION EXPIRES: $.ida oxbow third amendment SIGNED AND AGREED to on the _ day of , 2017 . CITY OF PORT ARTHUR, TEXAS BY: Harvey Robinson Interim City Manager ACKNOWLEDGMENT STATE OF TEXAS § COUNTY OF JEFFERSON § BEFORE ME, the undersigned Notary Public, on this day personally appeared Harvey Robinson, Interim City Manager of the City of Port Arthur, known to me to be the person whose name is ascribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of the City of Port Arthur, for the purposes and considerations therein expressed, and the capacities therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, THIS THE day of , A.D. , 2017 . NOTARY PUBLIC, STATE OF TEXAS PRINT NAME: COMMISSION EXPIRES: APPROVED AS TO FORM AND SUBSTANCE: Valecia R. Tizeno, City Attorney s.ida oxbow third amendment