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HomeMy WebLinkAboutPR 22936: EDC, AGREEMENT WITH MPW INDUSTRIAL WATER SERVICES, INC. .1-) PORT*ARTHUR ONOMIC DEVELOPMENT CORPORATION MEMORANDUM Date: December 8, 2022 To: Honorable Mayor and Members of the City Council of Port Arthur Through: Ronald Burton, Port Arthur City Manager From: Terry Stokes, PAEDC Chief Executive Officer RE: Proposed Resolution No. 22936 regarding an Economic Development Performance Agreement between the City of Port Arthur Section 4A Economic Development Corporation and MPW Industrial Water Services, Inc. for an amount not to exceed $485,363.00; Funds available in EDC Account No. 120-80-625-5478-00-00-000 Introduction: The intent of this Agenda Item is to seek the City Council's approval of an Economic Development Performance Agreement between the City of Port Arthur Section 4A Economic Development Corporation and MPW Industrial Water Services, Inc. for an amount of $485,363.00 Background: MPW Industrial Water Services has presented a qualifying application to the PAEDC for an incentive toward the expansion of their operations in Port Arthur. The PAEDC has approved offering an incentive in the amount of$485,363.00 based on capital improvement and job creation performance. MPW Industrial Water Services, Inc. has agreed to continue conducting its business operations in Port Arthur during the term of the incentive contract and promises to employ fifteen(15) additional full-time employees that are Port Arthur residents creating an annualized payroll of$61,013.00 per employee. Budget Impact: $485,363.00 Recommendation: It is recommended that the City Council approve an Economic Development Performance Agreement between the City of Port Arthur Section 4A Economic Development Corporation and MPW Industrial Water Services, Inc. P. R. No. 22936 12/06/2022 KVM RESOLUTION NO. A RESOLUTION APPROVING AN ECONOMIC DEVELOPMENT PERFORMANCE AGREEMENT BETWEEN THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION AND MPW INDUSTRIAL WATER SERVICES, INC. IN AN AMOUNT NOT TO EXCEED $485,363.00; FUNDS AVAILABLE IN EDC ACCCOUNT NO. 120- 80-625-5478-00-00-000 WHEREAS, the City Council of the City of Port Arthur deems it in the public interest to authorize the City of Port Arthur Section 4A Economic Development Corporation(the"PAEDC") to enter into an Economic Development Performance Agreement (the "Agreement") with MPW Industrial Water Services, Inc. ("MPW"); and WHEREAS,PAEDC has reviewed MPW's incentive application,accompanying financial statements and proposals for the expansion of their water solutions operations; and WHEREAS, the PAEDC Board of Directors has concluded that the expenditures found for the capital improvements necessary for the expansion will promote or develop new or expanded business enterprises in the City of Port Arthur and that MPW's proposed project qualifies as a Section 4A economic development project as set forth in the Economic Development Act; and WHEREAS, PAEDC agrees to a conditional incentive to MPW in the amount of $485,363.00; and WHEREAS, in consideration of the Agreement, MPW shall be obligated to achieve employment of fifteen (15) additional full-time employees that are Port Arthur residents with an annualized payroll of$61,000.00 per employee; and WHEREAS, MPW has reviewed and approved the Agreement attached hereto as Exhibit «A" 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. Section 2. That the City Council of the City of Port Arthur authorizes the Port Arthur Section 4A Economic Development Corporation to enter into the Economic Development Performance Agreement with MPW Industrial Water Services, Inc., and the President and Secretary of PAEDC are authorized to sign the Agreement in substantially the same form 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. READ, ADOPTED AND APPROVED on this day of A.D., 2022, at a Meeting of the City Council of the City of Port Arthur,Texas,by the following vote: AYES: Mayor Councilmembers NOES: Thurman Bartie, Mayor ATTEST: #1370989 Paget Sherri Bellard,City Secretary APPROVED: Terry Stok s,PAEDC CEO APPROVED AS TO FORM: Charles Zech,PAEDC Attorney APPROVED AS TO FORM: Valecia R. Tizeno, City Attorney APPROVED AS TO AVAILABILITY OF FUNDS: Kandy Dan' 1,Interim Finance Director #1370989 Page 3 EXHIBIT "A" w. ECONOMIC DEVELOPMENT PERFORMANCE AGREEMENT MPW INDUSTRIAL WATER SERVICES, INC. This Performance Agreement (this "Agreement") is entered into to be effective as of the Effective Date (as defined in Article III below), by and between the Port Arthur Economic Development Corporation, located in Jefferson County, Texas, a Texas non-profit industrial development corporation under the Development Corporation Act and governed by TEx. Loc. Gov. CODE chapters 501, 502 and 504 and the Texas Non-Profit Corporation Act (hereinafter called"PAEDC"), created by, and for the benefit of the City of Port Arthur,Texas(hereinafter the called the "City"), and MPW Industrial Water Services, Inc., a corporation registered in the state of Ohio and authorized to do business in the State of Texas (hereinafter called "Company"; the PAEDC and the Company collectively known as the "Parties"to this Agreement). RECITALS WHEREAS, the Development Corporation Act of 1979, as amended (Section 501.001 et seq, Texas Local Government Code, formerly the Development Corporation Act of 1979) (the "Act") authorizes a development corporation to fund certain projects as defined by the Act and requires development corporations to enter into performance agreements to establish and provide for the direct incentive or make an expenditure on behalf of a business enterprise under a project; and WHEREAS, Section 501.158 of the Act requires a performance agreement to provide at a minimum for a schedule of additional payroll or jobs to be created or retained and capital investment to be made as consideration for any direct incentives provided or expenditures made by a corporation under an agreement and to specify the terms under which repayment must be made if the business enterprise does not meet the performance requirements specified in the agreement; and WHEREAS, the Company provides industrial water and other services such as various filtration services, water treatment, and a variety of other water-related services; and WHEREAS, the Company is seeking to undertake improvements to its existing facility located within the City of Port Arthur ("Facility") by undertaking building improvements; acquiring additional equipment for its services; and installing larger sanitary sewer line infrastructure to serve the facility; while also committing to a minimum capital investment of $2,153,633.00 for improvements to the Facility and associated infrastructure,and in the acquisition of equipment for Company operational purposes; and WHEREAS, the Company also seeks to create an additional 15 full-time jobs with an average annual salary of$61,013.00;representing a total annual payroll of$915,200.00. WHEREAS, the Company is seeking a Performance-Based Cash Grant from the PAEDC to help offset certain costs associated with its proposed Facility and infrastructure improvements, equipment purchases, and additional payroll; and WHEREAS, the PAEDC desires to provide funding to the Company pursuant to the 1 Performance-Based Cash Grant, as an incentive for the new improvements, infrastructure, equipment, and payroll to be undertaken by Company; and WHEREAS,the Parties are executing and entering into this Agreement to set forth certain terms and obligations of the Parties; and WHEREAS, the Parties recognize that all agreements of the Parties hereto and all terms and provisions hereof are subject to the laws of the State of Texas and all rules, regulations and interpretations of any agency or subdivision thereof at any time governing the subject matters hereof; and WHEREAS, the Parties agree that all conditions precedent for this Agreement to become a binding agreement have occurred and been complied with, including all requirements pursuant to the Texas Open Meetings Act and all public notices and hearings; if any, have been conducted in accordance with Texas law; and WHEREAS, on the Effective Date, the commitments contained in this Agreement shall become legally binding obligations of the Parties. NOW,THEREFORE, in consideration of the mutual covenants,benefits and agreements described and contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and further described herein,the Parties agree as follows: ARTICLE I RECITALS 1. Recitals. The recitals set forth above are declared true and correct by the Parties and are hereby incorporated as part of this Agreement. ARTICLE II AUTHORITY AND TERM 1. Authority. The PAEDC's execution of this Agreement is authorized by the Act and constitutes a valid and binding obligation of the PAEDC upon approval by the PAEDC and the City of Port Arthur. The Company's execution of this Agreement is authorized by the appropriate authority and constitutes a valid and binding obligation of the Company. 2. Term. This Agreement shall become enforceable upon the Effective Date, hereinafter established,and shall continue until the Expiration Date,hereinafter established,unless terminated sooner or extended by written mutual agreement of the Parties in the manner provided for herein. 3. Purpose. The purpose of this Agreement is to formalize the agreements between the Company and the PAEDC and specifically state the covenants and representations of the Parties, and the incentives associated with the Company's commitment to abide by the provisions of the Act and to abide by the terms of this Agreement which has been approved by the PAEDC 2 r and the Company as complying with the specific requirements of the Act. It is expressly agreed that this Agreement constitutes a single transaction. 4. Administration of Agreement. Upon the Effective Date, the PAEDC delegates the administration and oversight of this Agreement to the Chief Executive Officer of the PAEDC.Any proposed amendments to the Agreement shall require the approval of the Board of Directors of the PAEDC. ARTICLE III DEFINITIONS As used in this Agreement, the following terms shall have the meanings ascribed below. All undefined terms shall retain their usual and customary meaning as ascribed by common and ordinary usage. "Bankruptcy" shall mean the dissolution or termination of a Party's existence as a going business, insolvency, appointment of receiver for any party of such Party's property and such appointment is not terminated within ninety(90)days after such appointment is initially made,any general assignment for the benefit of creditors,or the commencement of any proceeding under any bankruptcy or insolvency laws by or against such party and such proceeding is not dismissed within ninety(90) days after the filing thereof. "Business Operations" shall mean the industrial water services provided by Company, including the development and installation of recycling systems, and a variety of remediation, filtration, and purification technologies; along with the use of necessary equipment to perform, and ancillary uses to support, said operations (such as office administration and storage of raw materials). "Capital Investment" shall mean those items set forth in Article IV Section 1. "Compliance Reporting Form" shall mean the certification by Company on a form provided by the PAEDC that the obligations outlined within this Performance Agreement have been fulfilled. "Effective Date" shall be the date of the last signing by a Party to this Agreement. "Expiration Date" shall mean the date of termination provided for under Article VII of this Agreement. "Force Majeure" shall mean any contingency or cause beyond the reasonable control of a Party, including, without limitation, natural disasters or other acts of God or the public enemy, war, riot, civil commotion, insurrection, government or de facto governmental action, fires, explosions, floods, strikes, lock-outs, slowdowns, work stoppages, unusual and unforeseeable delay that results from an interruption or failure of any public utilities,(e.g.,electricity,gas,water), terrorism,bioterrorism,pandemic or epidemic. 3 "New Jobs"shall mean those jobs that are created for the purposes of satisfying Company's obligations herein and shall exclude any job relocated from any other location of Company within the City of Port Arthur. "Performance-Based Cash Grant" or "PBC Grant" shall have the meaning set forth in Article V, Section 1. "Project" shall mean the Capital Investment for improvements, infrastructure, equipment, and job creation as provided herein. ARTICLE IV PERFORMANCE OBLIGATIONS OF COMPANY The obligation of the PAEDC to pay funds from the PBC Grant shall be conditioned upon the Company's continued compliance with and satisfaction of each of the Company's obligations under this Article IV (the "Performance Obligations"). 1. Capital Investment. The Company shall make a new Capital Investment of at least two million one hundred and fifty-three thousand six hundred and thirty-three dollars ($2,153,633) for the Facility building improvements, infrastructure installation, and equipment purchases, specifically for the industrial service operations of the Company, and as specifically depicted in Exhibit"A,"on or before December 31, 2023. 2. New Jobs. The Company will be obligated to create, employ, and maintain at least 15 new Full-Time Jobs,pursuant to this Agreement, as follows: (a) Year 1: July 1,2023-June 30,2024: The Company shall create and employ at least fifteen (15) full-time positions, with an average annual salary of sixty-one thousand and thirteen dollars ($61,013.00), and at a total annual payroll of at least nine hundred and fifteen thousand dollars($915,000.00). (b) Year 2: July 1,2024-June 30,2025: The Company shall continuously retain the fifteen (15) full-time positions created in Year 1, at an average annual salary of sixty-one thousand and thirteen dollars ($61,013.00), and a total annual payroll of at least nine hundred and fifteen thousand dollars ($915,000.00). (c) Year 3: July 1, 2025 — June 30 2026: The Company shall continuously retain the fifteen (15) full-time positions created in Year 1 and retained in Year 2, at an average annual salary of sixty-one thousand and thirteen dollars ($61,013.00), and a total annual payroll of at least nine hundred and fifteen thousand dollars($915,000.00). For purposes of this Agreement: "Full-Time Jobs" shall mean the number of the Company's employees that (a) have a regular work schedule of at least 36 hours per week as reported on the Texas Employers Quarterly Wage Report from the Texas Workforce, and (b) are entitled to at least the customary employer-sponsored benefits package afforded by the Company 4 to its similarly situated employees at other locations; and "Annual Payroll" shall mean the total wages and bonuses paid, exclusive of benefits,to the Full-Time Jobs. Further,it is understood and agreed between Company and the PAEDC that Company shall use its best efforts to hire employees that are Port Arthur residents,but that the need for technical knowledge and experience may require Company to hire outside of the Port Arthur area. So long as Company uses best efforts to hire employees that are Port Arthur residents, and so long as the new jobs created and filled by Port Arthur residents constitute a total annual payroll of at least nine hundred and fifteen thousand dollars ($915,000.00) during Year 1, Year 2, and Year 3, then any hired employees will count toward the required 15 Full-Time Jobs. 3. Payment of Legal Fees. Each Party shall bear its own legal fees in connection with the negotiation of this Agreement. The Company commits to reimburse the PAEDC for the necessary legal fees in the preparation of any amendment to this Agreement, if and when such amendment is requested by the Company. Timely payment shall be made within sixty (60) days of submittal of invoice to the Company by the PAEDC or its assigns. ARTICLE V PAEDC OBLIGATIONS 1. PBC Grant. Subject to the conditions provided herein, the PAEDC shall release incremental portions of the PBC Grant funds,which total Four Hundred and Eighty-Five Thousand Three Hundred and Sixty-Three Dollars ($485,363.00) to the Company in accordance with the following schedule: (a) Distribution 1 —A cash grant in the amount of$215,363.00 shall be paid to the Company no later than 30 days following the receipt by the PAEDC of the Compliance Reporting Form certifying the Completion of the Capital Investment, as described above in Section IV(1). (b) Distribution 2—Employment and Payroll Obligation 1: A cash grant in the amount of$90,000.00 shall be paid to the Company no later than 30 days following the receipt by the PAEDC of the Compliance Reporting Form certifying that the Company has fulfilled the New Jobs creation obligation for Year 1, as described above in Section IV(2)(a). (c) Distribution 3 —Employment and Payroll Obligation 2: A cash grant in the amount of$90,000.00 shall be paid to the Company no later than 30 days following the receipt by the PAEDC of the Compliance Reporting Form certifying that the Company has fulfilled the New Jobs retainage obligation for Year 2, as described above in Section IV(2)(b). (d) Distribution 4—Employment and Payroll Obligation 3: A cash grant in the amount of$90,000.00 shall be paid to the Company no later than 30 days following the receipt by the PAEDC of the Compliance Reporting Form certifying that the Company has fulfilled the New Jobs retention obligation for Year 3, as described above in Section IV(2)(c). 5 2. The Company will provide any internal backup that the PAEDC may request to verify compliance of the Performance Obligations of Company. The Compliance Reporting Form will be provided to the Company by the PAEDC. ARTICLE VI COVENANTS AND DUTIES 1. Covenants and Duties. The Company makes the following covenants and warranties to the PAEDC and agrees to timely and fully perform the obligations and duties contained in Article IV of this Agreement. (a) The Company is authorized to do business and is in good standing in the State of Texas and shall remain in good standing in the State of Texas during any term of this Agreement. (b) The execution of this Agreement has been duly authorized by the Company, and the individual signing this Agreement is authorized to execute such Agreement and bind the Company. Said authorization, signing, and binding effect is not in contravention of any law, rule, regulation, or of the provisions of the Company's organizational documents, or of any agreement or instrument to which the Company is a party to or by which it may be bound. (c) The Company is not a party to any Bankruptcy proceedings currently pending or contemplated, and the Company has not been informed of any potential involuntary Bankruptcy proceedings. (d) To its current,actual knowledge,the Company has acquired and maintained all necessary rights, licenses, permits, and authority to carry on its business in the City and will continue to use its best efforts to maintain all necessary rights, licenses,permits, and authority. (e) The Company agrees to obtain or cause to be obtained,all necessary permits and approvals from City and/or all other governmental agencies having jurisdiction over the Project. (f) The Company shall be responsible for paying, or causing to be paid, to the City and all other governmental agencies the cost of all applicable permit fees and licenses required for construction of the Project. The Company agrees to develop the Project in accordance with the ordinances, rules, and regulations of the City in effect on the date the Project was designed, unless specified otherwise in this Agreement or in another agreement between the Parties. (g) The Company agrees to commence and complete the Project in strict accordance with this Agreement. (h) The Company shall cooperate with the PAEDC in providing all necessary information to assist the PAEDC in complying with this Agreement. Cooperation shall include, but not be limited to, providing evidence and copies of construction 6 contracts, payments for construction, permits, construction supply purchases, and any other documentation deemed necessary by PAEDC to substantiate the reported Capital Investment. (i) During the term of this Agreement, Company agrees to not knowingly employ any undocumented workers as part of the Project, and, if convicted of a violation under 8 U.S.C.Section 1324a(1),Company shall be in Default(as defined below). Company is not liable for an unknown violation of this Section by a subsidiary,affiliate,or franchisee of Company or by a person with whom Company contracts, provided however that identical federal law requirements provided for herein shall be included as part of any agreement or contract which Company enters into with any subsidiary, assignee, affiliate,or franchisee for which the PBC Grant provided herein will be used. (j) Company shall not be in arrears and shall be current in the payment of all City taxes and fees. 2. PAEDC's Covenants and Duties. (a) The PAEDC represents and warrants to the Company that the execution of this Agreement has been duly authorized by the PAEDC, and the individual signing this Agreement is empowered to execute such Agreement and bind the PAEDC. Said authorization, signing, and binding effect is not in contravention of any law, rule, regulation, or of the provisions of the PAEDC's organizational documents, or of any agreement or instrument to which the PAEDC is a party to or by which it may be bound. (b) PAEDC shall cooperate with the Company in providing all necessary information and documentation to assist the Company in complying with this Agreement. ARTICLE VII TERMINATION 1. Termination. This Agreement shall terminate upon the earliest occurrence of any one or more of the following: (a) The mutual agreement of the Parties, as reflected in writing signed by the Parties; (b) The Company satisfying all the Performance Obligations set forth in Article IV,but in no event later than June 30, 2026; or (c) The PAEDC electing to terminate this Agreement by written notice to the Company following an Event of Default by the Company. 7 ARTICLE VIII DEFAULT 1. The Company's Events of Default. The following shall be considered a"Default" by the Company: (a) Failure of the Company to timely perform any term, covenant, obligation, duty, or agreement contained in this Agreement, including without limitation its Performance Obligations; or (b) PAEDC determines that any representation or warranty contained herein in or in any financial statement, certificate, report or opinion prepared and submitted to PAEDC in connection with or pursuant to the requirements of this Agreement was false, incorrect or misleading in any material respect when made; (c) Any judgment is assessed against the Company or any attachment or other levy against the property of the Company with respect to a claim, in any instance in an amount greater than $250,000.00, remains unpaid, unstayed on appeal, not discharged, not bonded or not dismissed for a period of one hundred eighty(180) days; or (d) The Company makes an assignment for the benefit of creditors; files a petition in bankruptcy; is adjudicated insolvent or bankrupt; commences any action relating to the Company under any reorganization, arrangement, readjustment of debt, dissolution or liquidation law or statute of any jurisdiction whether now or hereafter in effect; or if there is commenced against the Company any such action and such action remains undismissed or unanswered for a period of ninety(90)days from such filing. 2. PAEDC Events of Default. PAEDC failure to fulfill any obligation set forth within the terms and conditions of this Agreement shall be deemed a"Default"by the PAEDC. 3. Remedies for Default. (a) In the event of Default by the Company, the PAEDC shall give the Company written notice of such Default and if the Company has not cured such Default within 60 days after receipt of such Notice, an "Event of Default" by the Company shall have occurred. Upon the occurrence and during the continuance of an Event of Default by the Company,the PAEDC shall have the right to terminate this Agreement, and pursue all rights and remedies provided by applicable law. After such termination by the PAEDC,the PAEDC shall have no further obligation to the Company under this Agreement. The PAEDC also retains the right, at its sole discretion,to 8 withhold payment of any PBC Grant funds during the continuance of any such Default, or, following termination of this Agreement in accordance with this paragraph 3,require repayment of all or any portion of PBC Grant funds already paid, as may be appropriate in consideration of the circumstances leading to such termination and whether such PBC Grant funds already paid due to valid compliance with one or more Performance Obligations as provided in Article IV, and as certified with the PAEDC. (b) In the event of Default by the PAEDC,the Company shall give the PAEDC written notice of such Default and if the PAEDC has not cured such Default within 60 days after receipt of such Notice, an "Event of Default" by the PAEDC shall have occurred. Upon the occurrence and during the continuance of an Event of Default by the PAEDC,the Company shall have the right to terminate this Agreement, and pursue all rights and remedies provided by applicable law. After such termination by the Company, the Company shall have no further obligation to the PAEDC under this Agreement. ARTICLE IX MISCELLANEOUS 1. Binding Agreement. The terms and conditions of this Agreement shall be binding on and inure to the benefit of the Parties, and their respective successors and assigns. This Agreement is not binding until it has been approved by the Port Arthur Economic Development Corporation and the City of Port Arthur; upon said approval, the Chief Executive Officer of the PAEDC shall be responsible for the administration of this Agreement and shall have the authority to execute any instruments, duly approved by the PAEDC,on behalf of the Parties related thereto. 2. Mutual Assistance. The Parties will do all things reasonably necessary or appropriate to carry out the terms and provisions of this Agreement and to aid and assist each other in carrying out such terms and provisions. 3. Independent Contractors. (a) It is expressly understood and agreed by all Parties hereto that in performing their services hereunder, Company at no time will be acting as an agent of the PAEDC and that all consultants or contractors engaged by Company respectively will be independent contractors of Company; and nothing contained in this Agreement is intended by the Parties to create a partnership or joint venture between the Parties and any implication to the contrary is hereby expressly disavowed the Parties hereto understand and agree that the PAEDC will not be liable for any claims that may be asserted by any third party occurring in connection with services performed by Company respectively under this Agreement, unless any such claims are due to the fault of the PAEDC. 9 (b) By entering into this Agreement, except as specifically set forth herein, the Parties do not waive, and shall not be deemed to have waived, any rights, immunities, or defenses either may have, including the defense of parties, and nothing contained herein shall ever be construed as a waiver of sovereign or official immunity by the PAEDC, with such rights being expressly reserved to the fullest extent authorized by law and to the same extent which existed prior to the execution hereof. (c) No employee of the PAEDC,or any board member or agent of the PAEDC, shall be personally responsible for any liability arising under or growing out of this Agreement. Notice. Any notice required by or permitted under this Agreement must be in writing. Notice may be given by certified or registered mail, personal delivery, courier delivery, or e-mail and will be effective when received, provided that (a) any notice received on a Saturday, Sunday,or holiday will be deemed to have been received on the next day that is not a Saturday, Sunday, or holiday and (b) any notice received after 5:00 P.M. local time at the place of delivery on a day that is not a Saturday, Sunday, or holiday will be deemed to have been received on the next day that is not a Saturday, Sunday, or holiday. Any address for notice may be changed by not less than ten days' prior written notice given as provided herein. If intended for PAEDC: Port Arthur Economic Development Corporation Attention: Chief Executive Officer 501 Procter Street, Suite 100. Port Arthur, TX 77640 With a copy to: Denton,Navarro,Rocha, Bernal, & Zech, PC Attention: Charles E. Zech 2500 W. William Cannon, Suite 609 Austin,Texas 78745 If to Company: MPW Industrial Water Services, Inc. Attention: General Manager 9711 Lancaster Road SE Hebron, Ohio 43025 With a copy to: MPW Industrial Water Services, Inc. Attention: General Counsel 9711 Lancaster Road SE Hebron, Ohio 43025 10 4. Governmental Records. All invoices, records and other documents required for submission to the PAEDC pursuant to the terms of this Agreement are Governmental Records for the purposes of Texas Penal Code Section 37.10. 5. Governing Law. The Agreement shall be governed by the laws of the State of Texas, and the venue for any action concerning this Agreement shall be in the Courts of Jefferson County, Texas, United States of America. The Parties agree to submit to the personal and subject matter jurisdiction of said court. 6. Amendment. This Agreement may be amended by mutual written agreement of the Parties, as approved by the Board of Directors by the PAEDC and the City of Port Arthur. 7. Legal Construction. In the event any one or more of the provisions contained in this Agreement shall, for any reason,be held invalid,illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect other provisions of this Agreement, and it is the intention of the Parties to this Agreement that, in lieu of each provision that is found to be illegal,invalid,or unenforceable,a provision be added to this Agreement which is legal,valid and enforceable and is as similar in terms as possible to the provision found to be illegal, invalid, or unenforceable. 8. Interpretation. Each of the Parties has been represented by counsel of their choosing in the negotiation and preparation of this Agreement.Regardless of which Party prepared the initial draft of this Agreement, this Agreement shall, in the event of any dispute, whatever its meaning or application, be interpreted fairly and reasonably and neither more strongly for or against any Party. 9. Entire Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter covered in this Agreement. There is no other collateral oral or written agreement between the Parties that, in any manner, relates to the subject matter of this Agreement, except as provided for in any Exhibits attached hereto or duly executed amendments to this Agreement. 10. Paragraph Headings. The paragraph headings contained in this Agreement are for convenience only and will in no way enlarge or limit the scope or meaning of the various and several paragraphs. 11. Counterparts. This Agreement may be executed in counterparts. Each of the counterparts shall be deemed an original instrument,but all of the counterparts shall constitute one and the same instrument. 12. Exhibits. Any Exhibits attached hereto are incorporated by reference for all purposes. 13. Survival of Covenants. Any of the representations, warranties, covenants, and obligations of the Parties, as well as any rights and benefits of the Parties, pertaining to a period of time following the termination of this Agreement shall survive termination. 11 14. Indemnification. COMPANY SHALL RELEASE, HOLD HARMLESS, DEFEND AND INDEMNIFY THE PAEDC,INCLUDING ITS RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES AND REPRESENTATIVES, AND THE CITY COUNCIL MEMBERS AND MAYOR INDIVIDUALLY AND ACTING IN THEIR CAPACITY OF REVIEWING AND APPROVING ACTIONS OF THE PAEDC (COLLECTIVELY "THE INDEMNITEES")FROM AND AGAINST ANY AND ALL SUITS,CLAIMS AND OTHER DEMANDS OF EVERY TYPE WHATSOEVER, INCLUDING ALL REASONABLE ATTORNEY'S FEES AND COSTS, ARISING FROM OR OTHERWISE RELATING TO THE PAEDC CONTRIBUTION(WHERE SUCH SUIT,CLAIM,OR DEMAND IS BASED ON COMPANY PROVIDING INCORRECT DATA) OR THE DESIGN, CONSTRUCTION OR OPERATION OF THE FACILITY, AND SUCH OBLIGATION SHALL NOT BE AFFECTED BY ANY ACTUAL OR ALLEGED NEGLIGENCE, CONTRIBUTORY NEGLIGENCE, OR STRICT LIABILITY ON THE PART OF THE INDEMNITEES (OTHER THAN AS A RESULT OF THE GROSS NEGLIGENCE, RECKLESS DISREGARD,OR WILLFUL MISCONDUCT OF THE INDEMNITEES). 15. Additional Instruments. The Parties agree and covenant to cooperate, negotiate in good faith,and to execute such other and further instruments and documents as may be reasonably required to fulfill the public purposes provided for and included within this Agreement. 16. Force Majeure. Whenever a period of time is herein prescribed for action to be taken by Company, Company shall not be liable or responsible for, and there shall be excluded from the computation of any such period of time, any delays due to causes of any kind whatsoever which are caused by Force Majeure. 17. Time Periods. Unless otherwise expressly provided herein, all periods for delivery or review and the like will be determined on a"calendar" day basis. If any date for performance, approval, delivery or Closing falls on a Saturday, Sunday or legal holiday(state or federal)in the State of Texas, the time therefor will be extended to the next day which is not a Saturday, Sunday or legal holiday. 18. Assignability. This Agreement may be assigned to a domestic owner, parent or subsidiary of the Company qualified to do business in the State of Texas,the assignment of which will be in writing and signed by the Company and Company's assignee. [SIGNATURE PAGES IMMEDIATELY FOLLOWING] 12 Executed on this day of , 2022 COMPANY: MPW Industrial Water Services, Inc., A By: Name: Title: 13 Executed on this day of , 2022 PORT ARTHUR ECONOMIC DEVELOPMENT CORPORATION By: Name: Terry Stokes Title: Chief Executive Officer APPROVED AS TO FORM: By: Allison A. Bastian-Rodriguez, PAEDC Attorney 14 Exhibit A To the Economic Development Performance Agreement with MPW Industrial Water Services, Inc. Building Est Cost Summary MPW requires hot water during the regeneration process. With the increased capacity MPW is planning to install two 8000 BTU Boiler 4000 BTU boilers to be used in this process. The Boilers have been ordered and expect to be delivered in December. $256,909 Installation will likely happen in January/February. All the man doors in the plant will be replaced and key card access will be installed. This will help control the security Higher Security Doors/Gate $10,440 and access for the additional staffing that is expected around the clock. The plant has 7 dock doors that stage the trailers for loading and unloading. The dock locks and curtains around each Upgraded Dock Locks of these docks is in need of serious repair,and based on the increased volume through the plant,we have decided to $92,630 replace all dock locks. Equipment Larger Air Compressor Compressed air is required to move most of the instrumentation through the plant. We are purchasing new Atlas $27,830 Copco compressors with redundancy and installing them in our maintenance shop for easier access. Hydrochloric Acid is needed in the regeneration process. When unloading the acid from the tanker truck it creates Acid Scrubber fumes that are unpleasant to the environment. Due to the expectation of more acid deliveries with the increased $110,993 volume we are installing a larger scrubber in the Acid Dyke to accommodate the increased displacement of fumes. We are anticipating requiring 1400 GPM of flow to the facility with the increased demand. We are currently scoping Larger HDPE Lines(Estimate, the project to increase the pumps and HDPE Line piping throughout the plant to accommodate this increased flow. $100,000 The current flow demand is 800 GPM. Additional Fork Lifts $25,889 In order to accommodate the increase demand and staffing,we are purchasing a 4th fork lift for the operations. An In-house is the term used for a deionization system to make DI water for our process. Each inhouse train consists Additional In House of three 90 cubic feet tanks for cation and anion resin. We currently have 3 in house trains and this project is $459,383 planning to add a 4th train,which would require moving the existing units. Additional Backwash Cones Backwash cones are the first step in cleaning the resin in our process. We need to add additional cones to the process $29,426 to accommodate the demand. Additional Regen Station We currently have 13 Regen stations in Port Arthur which are used to regenerate the exhausted resin. This is the key $166,922 portion of chemical dosing in the plant. We are modify/adding lines to make the process more efficient. Additional MB(Estimate) MPW currently have a 210 cubic foot mixed bed system that consists of 4 steel tanks,plumbing and automation. $250,000 With the increased demand MPW plans to install an additional 130 cubic foot tank next to the existing system. Infrastructure MPW has contracted with AWC Enginnering to install a 12"sewer line along Eli Roberts Rd. The Industrial Park Port Arthur City Sewer(AWC currently has an 8"line that is undersized for the water usage of MPW and the other Industrial Park residents. MPW $444,900 has agreed to install a parrell line to improve the flow to the lift station. MPW will install larger sewere lines from our building to the new 12"lines installed by AWC,if the increased lines do MPW Expanded Sewer(AWC $178,311 not totally resolve the issues with drainage. 111111, ` Port Arthur Economic Development Corporation al= Business Bark Water/Sewer Evaluation Air July 6,2022 age;the typical manhole construction;and the amount turbulence at each manhole due to surcharge. Lift Station The Business Park Lift Station has two (2) Gorman Rupp T4 pumps each 7.5 hp,1150 rpm. The "firm capacity"of the lift station with the largest pump out of service is 370-gpm at 31.2-ft TDH.The lift station consists of an 8-ft x 8-ft x 21'9"deep wet well top elevation of 5.0-feet elevation and invert of-18.7-feet elevation with a 15-inch diameter influent pipe at flow line of-11.0-feet elevation. The force main from the lift station is an 8-inch SDR- PR PVC pipe approximately 4,951-feet long. Port Acres Wastewater Treatment Plant The Port Acres Wastewater Treatment Plant(WWTP) receives all the flow from the Port Arthur Business Park directly from the Business Park Lift Station. Currently the WWTP is operating within permitted capacity. The City is watching the flows at the WWTP, but currently until another high-capacity user or service area wide flows continue to increase, the plant is operating adequately. When flows reach 75 percent of the permitted capacity,the City will begin preparing for increasing the capacity of the WWTP. Proposed Improvements Sanitary Sewer To resolve the sanitary sewer issues and provide the desired capacity,the gravity sanitary sewer and the lift station capacities must be addressed.The existing 8-inch sanitary sewer system was found to have a maximum capacity of less than 300-gpm.Due to age,settling, and other factors,this is probably closer to 250-gpm.Therefore,assuming a 12-inch SDR- 26 (SDR-PR) (i.e., I.D.of 11.77-in.),the maximum capacity at the minimum slope would be approximately 675-gpm. This would provide adequate capacity to meet the needs of MPW for 500-gpm. Page 6 \ _ Port Arthur Economic Development Corporation /c /1 Business Bark Water/Sewer Evaluation July b,2022 Two options were considered to resolve the sanitary sewer issues. The first option is to replace or supplement the 8-inch line along Eli Roberts Drive with a larger 12-inch line.A second option is to split the flow by extending the existing 8-inch line from the south along Richard Wycoff Drive to take part of the flow.After witnessing the actual flows in the existing 8-inch along Eli Roberts Drive,the second option will not be considered as it will limit the total flow to less than 500-gpm without surcharging the system. Proposed Improvements- $379,000 plus engineering (See Exhibit 1) The new gravity system will include a 12-inch gravity sanitary sewer along Eli Roberts Drive installed parallel to the existing 8-inch sanitary sewer line.The new line will be installed in a new easement located along the north side of the existing 8-inch line.The new 12-inch system will allow MPW to remain in service using the existing 8-inch until the new 12-inch system is completed.The new 12-inch system will serve MPW leaving the existing 8-inch to serve the lots along North Richard Wycoff Drive and along Eli Roberts Drive. The resulting capacity of the new 12-inch line would be approximately 650 gpm. This 12-inch line will be installed from a new manhole located adjacent to the south of the existing manhole at the MPW site. The 12-inch line will cross diagonally across to the northeast to the north side of the 8-inch sanitary sewer line to a new manhole.From there, the 12-inch line will follow the 8-inch sanitary sewer parallel to the east to Jade Avenue. At Jade Avenue, the 12-inch will tie into the existing manhole. The opinion of probable costs for this option is approximately$379,000 plus engineering. Lift Station -$270,000 plus Engineering The Business Park Lift Station will be upgraded to maximize the capacity of the 8-inch force main the wetwell.The upgraded capacity should be at least 585-gpm using two(2) Gorman-Rupp T6 20hp pumps. The improvements to the lift station will include remove/replace the existing pumps; bypass pumping;replace existing suction/discharge piping with 6-inch and 8-inch piping, valves, supports, etc.; control panel; and electrical modifications. Page 7 , �4 , "a ;_4i1 4111, I p ' i• i' 1111 xif Irw a' j I - al! 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