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MEMORANDUM
To: Mayor, City Council, and City Manager
From: Mark Sokolow, City Attorney ~/l'~(~ ~2~~
Date: December 12, 2008 /
Subject: P. R. No. 15035;
Special Council Meeting December 15, 2008
Regular Council Meeting December 16, 2008
Attached is P. R. No. 15035 authorizing the City Manager to
execute an Industrial District Agreement with Transglobal Solutions.
Valero transferred their coke handling facilii~y to
Transglobal Solutions. In the previous "in lieu of tax" agreement,
Valero was responsible for the payments as it pertains to the coke
handling facility. In the latesi~ draft of the Valero Agreement,
they indicated that they would not be responsible for the
Transglobal portion of the Agreements. I have had additional
discussions with Mr. Eaves, the attorney for Valero, and he has
indicated that Valero will be willing to change their proposed
agreement to include the Transglobal payments. Therefor=, this
Industrial District Agreement may not be necessary.
MTS:ts
Attachment
cc: Director of Finance
Carl Parker
Mike Eaves
z.pr15035 memo
P. R. No. 15035
12/12/08 is
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
EXECUTE AN INDUSTRIAL D:CSTRICT AGREEMENT WITH
TRANSGLOBAL SOLUTIONS
WHEREAS, the City Council of the City of Port Arthur deems it
in the best interests of the citi;yens of Port Arthur to enter into
an "In Lieu of Tax" Agreement with Transglobal Solutions.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF T'HE 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 t:he City
Manager to execute an "In Lieu of Tax" Agreement with Transglobal
Solutions, in substantially the same form as attached hereto as
Exhibit "A".
Section 3. That Transglobal Solutions shall sign and return
the Agreement by December 23, 2008, or this Resolution is r.~ull and
void and the property described herein is annexed, effective
December 31, 2008 at 11:59 p.m., a.s further delineated in P. O. No.
5925.
Section 4.
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. , 2008, at a Meeting of the City Council of the City of Port
z.pr15035
Arthur, by the following vote: AYES:
Mayor
Councilmembers
NOES:
_:
MAYOR
ATTEST:
TERRI HANKS, ACTING CITY SECRETAR:~
APPROVED AS TO FORM:
SEE MEMO
CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
CITY MANAGER
z.pr15035
EXHIBIT "A"
will be presented at or before
the Council Meeting
EXHIBIT
will be presented at
..A~.
or before
the Council Meeting