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HomeMy WebLinkAboutPR 20495: IDA, PREMOR REFINING GROUP, INC.EXPANSION P.R. No. 20495 09/27/2018 gt RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN INDUSTRIAL DISTRICT AGREEMENT WITH THE PREMCOR REFINING GROUP, INC., EXCLUSIVELY FOR THE EXPANSION OF ITS EXISTING FACILITY FOR THE CONSTRUCTION OF A NEW COKER/SULFUR UNIT PROJECT WHEREAS, pursuant to Resolution No. 17-359, the City of Port Arthur entered into an Industrial District Agreement with The Premcor Refining Group, Inc., for a ten year period; and WHEREAS, said agreement will expire on December 30, 2027; and WHEREAS,The Premcor Refining Group, Inc. have informed the City that it wishes to expand its facility for the construction of a new Coker/Sulfur Unit project and would like to enter into a separate Industrial District Agreement solely for that purpose; and WHEREAS, based upon the details provided regarding the proposed Coker/ Sulfur Unit project, the City has deemed it appropriate to enter into a seven year agreement with The Premcor Refining Group, Inc.; and WHEREAS, 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, 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 The Premcor Refining Group, Inc., exclusively for the expansion of its existing facility. s.pr20495_Valero expansion 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 The Premcor Refining Group, Inc., exclusively for the expansion of its existing facility for the construction of a new Coker/Sulfur Unit project, in substantially the same form as attached hereto as Exhibit "A". Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this day of , A.D., 2018, at a Meeting of the City Council of the City of Port Arthur, by the following vote: AYES: Mayor: , Councilmembers: NOES: Derrick Ford Freeman, Mayor s.pr20495_Valero expansion ATTEST: Sherri Bellard City Secretary APPROVED AS TO FORM: Valecia City Attorney APPROVED FOR ADMINISTRATION: Harvey Robinson Interim City Manager s.pr20495 Valero expansion EXHIBIT "A" WILL BE PRESENTED AT OR BEFORE THE COUNCIL MEETING s.pr20495_Valero expansion