HomeMy WebLinkAboutPR 20558: CHAPTER 380 AGREEMENT IWHT MAGNA PROPERTIES, LTD / TRI-CON INC. P.R. No. 20558
11/3/2018 gt
RESOLUTION NO.
A RESOLUTION AUTHORIZING A CHAPTER 380 AGREEMENT WITH
MAGNA PROPERTIES, LTD / TRI-CON INC. LOCATED IN A
NEIGHBORHOOD EMPOWERMENT ZONE
WHEREAS, pursuant to Resolution No. 16-102, the City of Port Arthur under
Chapter 378 (Neighborhood Empowerment Zone) of the Local Government Code created a
Neighborhood Empowerment Zone; and,
WHEREAS, the City determined that the zone would promote, (1) the creation of
affordable housing, including manufactured housing, in the zone; (2) an increase in
economic development in the zone, (3) an increase in the quality of social services,
education, or public safety provided to residents of the zone, or (4) the rehabilitation of
affordable housing in the zone; and,
WHEREAS, the City must make certain determinations pertaining to such zone in
the area described in Exhibit "A"; and,
WHEREAS, the City Council desires to approve a Chapter 380 Agreement with
Magna Properties, Ltd. / Tri-Con Inc., for the convenience store and retail fuel station
facility located at 3649 Gulfway Drive, in substantially the same form as attached hereto as
Exhibit "B".
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR, TEXAS:
Section 1. That the facts and opinions in the preamble are true and correct.
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Section 2. That the City Council of the City of Port Arthur does hereby find
and make determinations as follows:
a) That the creation of the zone would promote an increase in economic
development in the zone.
b) That the creation of the zone benefits the purpose of increasing the
public health, safety, and welfare of the persons in the municipality.
c) That the creation of the zone satisfies the requirements of Section
312.202 of the Tax Code and/or Chapter 380 of the Texas Local
Government Code in that it will likely contribute to the retention or
expansion of primary employment or attract major investment in the
zone that would be a benefit to the property and that would
contribute to the economic development of the City.
Section 3. That the boundaries of the Port Arthur Neighborhood Empowerment
Zone shall be as shown in Exhibit "A".
Section 4. That the City Manager is herein authorized to execute the Chapter 380
agreement with Magna Properties Ltd. / Tri-Con, Inc., in substantially the same form as
described in Exhibit "B".
Section 5. 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, Texas, by the following
vote: AYES:
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Mayor:
Councilmembers: ,
,
NOES: .
Derrick Ford Freeman, Mayor
ATTEST:
Sherri Bellard
City Secretary
APPROVED AS TO FORM:
-y4f.e 1 ,2..zre---c--o
Valecia Tizeno
City Attorney
APPROVED FOR ADMINISTRATION:
Harvey Robinson
Interim City Manager
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EXHIBIT "A"
. •
P.R.NO.19347
03/30/2016-PDL
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EXHIBIT "B"
WILL BE PRESENTED AT OR
BEFORE THE CITY COUNCIL MEETING
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