HomeMy WebLinkAboutPR 15035 VALERO AGREEMENTI
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interof f ice
MEM R
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To: Mayor, City Council, and City Manager ~
From: Mark Sokolow, City Attorney ~
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 facility to
Transglobal Solutions. In the previous "~n lieu of tax" agreement,
Valero was responsible for the payments as it pertains to the coke
handling facility. In the latest, 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 w-ill be willing to change their proposed
agreement to include the Transglobal payments. Therefore, this
Industrial District Agreement rnay not~be necessary.
MTS:ts ~
Attachment ~
a
cc: Director of Finance
. Carl Parker ~ ~
Mike Eaves
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z.pr15035 memo
~ P. R. No. 15035
~ ' 12/l2/08 ts
RESOLUTION N0.
A RESOLUTION AUTHORiZING THE CITY MANAGER TO
EXECUTE AN INDUSTRIAL DISTRICT AGREEMENT WITH
~~TRANSGLOBAL SOLUTIONS
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 --
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an "In Lieu of~Tax" Agreement with Transglobal Solutions.
NOW THEREFORE,.BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR:
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Section 1. That the facts and opinions in the preamble
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are true and correct. ~
Section 2. That the City Council hereby authorizes the City ~
Manager to execute an "In Lieu of Tax" Agreement with Transglobal
Solutions, in substant~ially the same form as attached hereto as
Exhibit "A". ;
Section 3. That Transglobal Solutions shall sign and return
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the Agreement by December 23, 2008, or this Resolution is null and
void and the property described herein is annexed, effective
December 31, 2008 at 11:59 p.m., as further delinea~ted in P. 0. 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 A
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,
;
NOES: .
,
MA,YOR
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ATTEST: -
~TERRI HANKS, ACTING CITY SECRETARY
APPROVED AS TO FORM:
SEE MEMO
CITY ATTORNEY
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APPROVED FOR ADMINISTRATIONt ~ ~
CITY MANAGER
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