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HomeMy WebLinkAboutPR 24150: IDA WITH ENTERGY, FOR THE LEGEND POWER STATION PROJECT P.R. No. 24150 01/29/2025 ht RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN INDUSTRIAL DISTRICT AGREEMENT WITH ENTERGY TEXAS, INC., FOR THE LEGEND POWER STATION PROJECT WHEREAS, Entergy Texas, Inc., herein referred to as 'YETI" has acquired approximately 100 acres of land, more or less, from Golden Triangle Properties, located in the Industrial District of the City of Port Arthur's Extraterritorial Jurisdiction (ETJ), near the intersection of State Highway 73 and West Port Arthur Road at the GT Omni Port Site as depicted in Exhibit "A"; and WHEREAS, ETI has formally notified the City of its plans to construct a 754- megawatt combined cycle combustion turbine power station, known as the"Legend Power Station Project", and is seeking to enter into an Industrial District Agreement (IDA) exclusively for this development; 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 deems it in the best interests of the citizens of Port Arthur to enter into an IDA with Entergy Texas, Inc. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: Section 1. That the facts and recitals in the preamble are true and correct. Section 2. The City Council hereby authorizes the City Manager to execute an Industrial District Agreement (IDA) with Entergy Texas, Inc. for the construction of the Legend Power Station Project, located within the ETJ/Industrial District of Port Arthur, in substantially the same form as attached hereto as Exhibit "B". Section 3. That Golden Triangle Properties and GT Logistics have formally notified the City of the conveyance of a 100-acre tract of land, located within their IDA-affected area, to Entergy Texas, Inc., as outlined in Exhibit "A". 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., 2025, at a Meeting of the City Council of the City of Port Arthur, by the following vote: AYES: Mayor: Councilmembers: NOES: Thurman Bill Bartie, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: Roxann Pais Cotroneo, City Attorney APPROVE ' FOR D INISTRATION: Ronald Burton,, City Manag EXHIBIT "A" GT PROPERTIES March 6, 2025 Mr. Ron Burton City Manager 444 4th Street Port Arthur,Texas 77640 Reference: Sale of Properties within GT OmniPort. Dear Mr. Burton, This letter is to inform the City that Golden Triangle Properties as sold two tracts of land at the GT OmniPort Development. The first was sold to Entergy. This 100 acre tract is depicted on Exhibit A and highlighted in red. The second tract was sold to Cormorant. Cormorant purchased 160 acres of land and their tract is highlighted in green on Exhibit A. These two land sales do not effect the IDA with GT Logistics, and decreases the total acreage owned by Golden Triangle Properties, LLC in Port Arthur. If I can be of further assistance, please let me know. Sincerely, 80 iL_______ Steven R Birdwell President 9805 Katy Frwy., Suite 900 I Houston,Texas 77024 Office 713-800-1512 I Cell 713-875-9128 Exhibit A Entergy Tract Shown in Red a t a t ------ % it' — • 7 (1 fli j iiii-,.. .T.* //: / N u _ 0 i .. : . v, 4%.1N6 r ill • aI v 1 • 9805 Katy Frwy., Suite 900 I Houston,Texas 77024 Office 713-800-1512 I Cell 713-875-9128 + HOWARD -- ENERGY PARTNERS 16211 La Cantera Parkway, Suite 202 San Antonio,TX 78256 210-298-2222 March 12,2025 Mr.Ron Burton City Manager 444 4th Street Port Arthur, Texas 77640 Re: Industrial District Agreement between City of Port Arthur("City")and GT Logistics, LLC dated effective January 1,2022 Dear Mr.Burton: This letter is to inform the City that GT Logistics,LLC has no leasehold or other ownership interest in that certain approximately 100-acre tract of land at the GT OmniPort Development that was recently sold by Golden Triangle Properties, LLC to Entergy Texas, Inc., as described in the enclosed Special Warranty Deed recorded at Inst. No. 22391 in the deed records of Jefferson County,Texas. If I can be of further assistance,please let me know. Sincerely, GT Logistics LLC Frank Quintana Vice President of Tax 16211 La Cantera Pkwy,Ste.202 San Antonio,Texas 78256 (210)298-2222 Office (210)298-2221 Fax 2024 -22391 08/26/2024 08:17 AM Page 1 of 8 NOTICE OF CONFIDENTIALITY RIGHTS:IF YOU ARE A NATURAL PERSON,YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. SPECIAL WARRANTY DEED Chicago Title THE STATE OF TEXAS KNOW ALL PERSONS BY THESE PRESENTS: COUNTY OF JEFI"ERSON THAT THE UNDERSIGNED, GOLDEN TRIANGLE PROPERIIES, LLC ("Grantor"), a Texas limited liability company,for and in consideration of the sum of TEN DOLLARS ($10.00)cash, and other good and valuable consideration paid to Grantor by ENTERGY TEXAS, INC. ("Grantee"), a Texas corporation, the receipt and sufficiency of which are hereby fully acknowledged and confessed,and subject to the Permitted Exceptions(as such term is defined herein), has GRANTED,BARGAINED,SOLD and CONVEYED,and by these presents does hereby GRANT, BARGAIN,SELL and CONVEY unto Grantee,whose address is 639 Loyola Avenue,L-ENT-4B, New Orleans,Louisiana 70113,that certain tract of land being described by metes and bounds on Exhibit"A" attached hereto (the "Land"), together with all appurtenances, including easements, licenses, rights, rights-of-way, and improvements (if any) that benefit the Land or relate to the Land(the"Appurtenances"and together with the Land, the"Property"). This conveyance is made and accepted subject to (i) those certain matters set forth on Exhibit"B" attached hereto and made a part hereof for all purposes, and (ii) all matters a current inspection or survey of the Property would reveal(the"Permitted Exceptions"). Except for(a) the special warranty of title contained herein, and (b) as expressly stated in the Purchase and Sale Agreement, dated as of January 26, 2024, between Grantor and Grantee, as amended (the "Agreement"), or any other closing document delivered by Grantor to Grantee in connection with the sale of the Property, but subject to the limitations contained in Section 10 of the Agreement (collectively, the "Express Warranties"), Grantor hereby specifically disclaims any warranty, guaranty, or representation, oral or written; past, present or future, of, as to, or concerning(i)the nature and condition of the Property, including but not by way of limitation,the water, soil, geology and the suitability thereof, for any and all activities and uses which Grantee may elect to conduct thereon, income to be derived therefrom or expenses to be incurred with respect thereto, or any obligations or any other matter or thing relating to or affecting the same; (ii) the manner of construction and condition and state of repair or lack of repair of any improvements located thereon; (iii) the nature and extent of any easement, right-of-way, lease, possession,lien, encumbrance, license, reservation, condition or otherwise affecting the Property; and (iv) the compliance of the Property or the operation of the Property with any laws, rules, ordinances, or regulations of any government or other body. EXCEPT FOR THE EXPRESS WARRANTIES, IN CONNECTION WITH THE CONVEYANCE OF THE PROPERTY GRANTOR HAS NOT MADE AND DOES NOT MAKE, ANY REPRESENTATIONS, PD.46156008.10 2024 -22391 08/26/2024 08:17 AM Page 2 of 8 WARRANTIES OR COVENANTS OF ANY KIND OR CHARACTER WHATSOEVER, WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO THE QUALITY OR CONDITION OF THE PROPERTY, THE SUITABILITY OF THE PROPERTY FOR ANY AND ALL ACTIVITIES AND USES WHICH GRANTEE MAY CONDUCT THEREON, COMPLIANCE BY THE PROPERTY WITH ANY LAWS, RULES, ORDINANCES OR REGULATIONS OF ANY APPLICABLE GOVERNMENTAL AUTHORITY OR HABITABILITY, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND SPECIFICALLY, EXCEPT FOR THE EXPRESS WARRANTIES, GRANTOR DOES NOT MAKE ANY REPRESENTATIONS REGARDING HAZARDOUS WASTE,AS DEFINED BY THE LAWS O.F THE STATE OF TEXAS AND ANY REGULATIONS ADOP I'ED PURSUANT THERETO OR THE U.S. ENVIRONMENTAL PROTECTION AGENCY REGULATIONS AT 40 C.F.R., PART 261, OR THE DISPOSAL OF ANY HAZARDOUS WASTE OR ANY OTHER HAZARDOUS OR TOXIC SUBSTANCES IN OR ON THE PROPERTY. GRANTEE HEREBY ACCEPTS THE PROPERTY WITH THE PROPERTY BEING IN ITS PRESENT AS IS CONDITION WITH ALL FAULTS. GRANTEE ACKNOWLEDGES AND AGREES THAT EITHER GRANTEE IS, OR HAS ENGAGED AND IS RELYING ON PERSONS WHO ARE, EXPERIENCED IN THE OWNERSHIP, DEVELOPMENT AND/OR OPERATION OF PROPERTIES SIMILAR TO THE PROPERTY AND THAT GRANTEE HAS INSPECTED THE PROPERTY OR CAUSED THE PROPERTY TO BE INSPECTED TO ITS SATISFACTION AND IS QUALIFIED TO MAKE SUCH INSPECTION. GRANTEE ACKNOWLEDGES THAT IT IS RELYING ON GRANTEE'S (OR GRANTEE'S REPRESENTATIVES') INSPECTIONS OF THE PROPERTY AND EXCEPT FOR THE EXPRESS WARRANTIES,NOT UPON ANY STATEMENT(ORAL OR WRITTEN) WHICH MAY HAVE BEEN MADE OR MAY BE MADE (OR PURPORTEDLY MADE)BY GRANTOR OR ANY OF ITS REPRESENTATIVES.GRANTEE ACKNOWLEDGES THAT GRANTEE HAS (OR GRANTEE'S REPRESENTATIVES HAVE) INSPECTED AND EXAMINED THE PROPERTY TO THE EXTENT DEEMED NECESSARY BY GRANTEE IN ORDER TO ENABLE GRANTEE TO EVALUATE THE CONDITION OF THE PROPERTY AND ALL OTHER ASPECTS OF THE PROPERTY (INCLUDING, BUT NOT LIMITED TO, THE ENVIRONMENTAL CONDITION OF THE PROPERTY); AND GRANTEE ACKNOWLEDGES THAT GRANTEE IS RELYING UPON ITS OWN(OR THEIR REPRESENTATIVES') INSPECTION, EXAMINATION AND EVALUATION OF THE PROPERTY. EXCLUDING ANY RISKS, LIABILITIES, CLAIMS, DAMAGES AND COSTS RESULTING FROM GRANTOR'S BREACH OF ANY EXPRESS WARRANTIES,GRANTEE EXPRESSLY ASSUMES ALL RISKS, LIABILITIES, CLAIMS, DAMAGES AND COSTS (AND AGREES THAT GRANTOR SHALL NOT BE LIABLE FOR ANY SPECIAL, DIRECT, INDIRECT,CONSEQUENTIAL,OR OTHER DAMAGES)RESULTING OR ARISING FROM OR RELATED TO THE OWNERSHIP, USE, CONDITION, LOCATION, MAINTENANCE, REPAIR OR OPERATION OF THE PROPERTY ATTRIBUTABLE TO THE PERIOD FROM AND AFTER THE DATE HEREOF. EXCEPT AS EXPRESSLY SET FORTH HEREIN OR IN THE AGREEMENT TO THE CONTRARY, GRANTEE RELEASES GRANTOR AND ITS SUCCESSORS AND ASSIGNS FROM AND AGAINST ANY AND ALL CLAIMS WHICH GRANTEE OR ANY PARTY RELATED TO OR AFFILIATED WITH GRANTEE (EACH, A "GRANTEE RELATED PARTY")HAS OR MAY HAVE ARISING FROM OR RELATED TO ANY MATTER OR THING RELATED TO OR IN CONNECTION WITH THE PROPERTY 2 PD.46156008.10 2024 -22391 08/26/2024 08:17 AM Page 3 of 8 EXCEPT AS EXPRESSLY SET FORTH IN THE AGREEMENT OR HEREIN TO THE CONTRARY, INCLUDING THE DOCUMENTS AND INFORMATION REFERRED TO HEREIN, AND ANY ENVIRONMENTAL CONDITIONS AND, EXCEPT AS EXPRESSLY SET FORTH IN THE AGREEMENT OR HEREIN TO THE CONTRARY, NEITHER GRANTEE NOR ANY GRANTEE RELATED PARTY SHALL LOOK TO GRANTOR OR ITS SUCCESSORS AND ASSIGNS IN CONNECTION WITH THE FOREGOING FOR ANY REDRESS OR RELIEF. THIS RELEASE SHALL BE GIVEN FULL FORCE AND EFFECT ACCORDING TO EACH OF ITS EXPRESS TERMS AND PROVISIONS, INCLUDING THOSE RELATING TO UNKNOWN AND UNSUSPECTED CLAIMS, DAMAGES, AND CAUSES OF ACTION. TO THE EXTENT REQUIRED TO BE OPERATIVE, THE DISCLAIMERS AND WARRANTIES CONTAINED ARE"CONSPICUOUS"DISCLAIMERS FOR PURPOSES OF ANY APPLICABLE LAW, RULE,REGULATION, OR ORDER. TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging unto the said Grantee, its successors and assigns, forever; and Grantor does hereby bind Grantor and Grantor's successors to WARRANT AND FOREVER DEFEND all and singular the Property unto Grantee, and Grantee's successors and assigns, against every person whomsoever claiming or to claim the same or any part thereof,by, through or under Grantor,but not otherwise, subject however to the Permitted Exceptions. Taxes shall be prorated, including those assessed after closing; however, Grantee shall be responsible for any rollback taxes that may be assessed after the closing,regardless of when notice of those taxes is received or who receives such notice. [Signature and acknowledgment page follows] 3 PD.46156008.10 2024 -22391 08/26/2024 08:17 AM Page 4 of 8 EXECUTED to be effective the " ; day of August,2024. GRANTOR: GOLDEN TRIANGLE PROPERTIES,LLC a Texas limited liability company By: Name: Steven R.Birdwell Title: President and Chief Executive Officer THE STATE OF TEXAS § COUNTY OF \ ; .�` �, § The foregoing instrument was acknowledged before me this '/''day of C-,i .c .;, , 2024, by Steven R. Birdwell, as the President and Chief Executive Officer of GoldenIriangle Properties,LLC,a Texas limited liability company, on behalf of said entity. Notary Public, State of Texas After Recording Return to: s'" CATHERINE MARIE BEAN Entergy Texas, Inc. ';r. My Notary ID#7165079 • P.O. Box 2951 --,t;:,,;:;;1 Expires October 15,2025 Beaumont,Texas 77704 Chicago Title 4301 Westbank Dr. Bldg. A, Ste. 100 Austin, TX 78746 Signature Page Special Warranty Deed 2024 -22391 08/26/2024 08:17 AM Page 5 of 8 EXHIBIT"A"TO SPECIAL WARRANTY DEED LEGAL DESCRIPTION Being a 99.958 acre tract, more or less, out of a called 1,116.39 acre tract as recorded in File No. 2010015746 of the Official Public Records of Jefferson County,Texas (O.P.R.J.C.T.),same being part of Blocks 6&7,Ranges"R"&"S"and Blocks 8&9,Ranges"Q","R","S",&"T"of the Port Arthur Land Company Subdivision as recorded in Volume 1,Page 22 of the Map Records of Jefferson County,Texas (M.R.J.C.T.). Said 99.958 acre tract being more particularly described by metes and bounds as follows: BEGINNING at a 5/8 inch iron rod with yellow cap stamped"TBS" set for the northerlymost corner of the herein described 99.958 acre tract for the POINT OF BEGINNING"A",from which a 5/8 inch iron rod with"SOUTEX"cap found at a northerly corner of the aforementioned 1,116.39 acre tract bears N 35° 10' 21"E,a distance of 4,226.65 feet; THENCE S 53° 21' 33" E, a distance of 1,519.58 feet to a 5/8 inch iron rod with yellow cap stamped "TBS" set on the northwesterly line of a called 160.8 acre tract, as recorded in File No. 2023034768, O.P.R.J.C.T., for the easterlymost corner of the herein described 99.958 acre tract, from which a i/2 inch iron rod with"SOUTEX"cap found at the northeast corner of said 160.8 acre tract bears N 74°02' 45"E, a distance of 2,041.31 feet; THENCE S 36°38' 17"W,with the northwesterly line of said 160.8 acre tract,a distance of 3,509.79 feet to a 5/8 inch iron rod with yellow cap stamped "TBS" set forth the southerlymost corner of the herein described 99.958 acre tract, from which a 1/2 inch iron rod with "SOUTEX" cap found at the southwest corner of said 160.8 acre tract bears S 36°38' 17"E,a distance of 60.94 feet; THENCE parallel to and 45 feet from the easterly line of a called 129.750 acre Jefferson County Drainage District No.7 easement tract as recorded in Volume 1525,Page 50 of the Deed Records of Jefferson County, Texas(D.R.J.C.T.),the following courses and distances: N 10°57'29"W,a distance of 694.39 feet; N 29° 36'42"W,a distance of 824.74 feet; THENCE N 16°20' 39"E,a distance of 491.54 feet; THENCE continuing parallel to and 45 feet from said easterly line of said 129.750 acre Jefferson County Drainage District No.7 easement tract,the following courses and distances: N 43°57' 57"E,a distance of 551.85 feet; N 23°06' 25"E,a distance of 543.81 feet; N 03°24' 00"W,a distance of 62.66 feet to a 5/8 inch iron rod with yellow cap stamped"TBS" set for a northwesterly corner of the herein described 99.958 acre tract, from which a railroad spike found in the centerline of the Jefferson County Drainage District No. 7 levee, same being in the centerline of the 57th Street and also being at a northwesterly corner of said 1,116.39 acre tract bears N 31°22' 36"W,a distance of 1,850.48 feet; THENCE N 37° 26' 19" E, a distance of 1,124.47 feet to the POINT OF BEGINNING "A", and containing 99.958 acres of land,more or less. Exhibit A Special Warranty Deed PD.46156008.10 2024 -22391 08/26/2024 08:17 AM Page 6 of 8 EXHIBIT"B"TO SPECIAL WARRANTY DEED PERMITTED EXCEPTIONS 1. Standby fees,taxes and assessments by any taxing authority for the year 2024,and subsequent years; and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership,but not those taxes or assessments for prior years because of an exemption granted to a previous owner of the property under Section 11.13,Texas Tax Code,or because of improvements not assessed for a previous tax year. 2. All leases,grants,exceptions or reservations of coal,lignite, oil, gas and other minerals,together with all rights, privileges, and immunities relating thereto, appearing in the Public Records whether listed in Schedule B or not.There may be leases,grants, exceptions or reservations of mineral interest that are not listed. 3. Terms, conditions and stipulations contained in Affidavit to the Public, Certification of On-Site Sewage Facility Requiring Maintenance, dated October 26, 2022, recorded November 14, 2022 under Jefferson County Clerk's File No.2022038024. 4. Terms, conditions and stipulations contained in Affidavit to the Public, Certification of On-Site Sewage Facility Requiring Maintenance,dated November 11,2015,recorded November 12,2015 under Jefferson County Clerk's File No.2015037329. 5. Terms, conditions and stipulations contained in Affidavit to the Public, Certification of On-Site Sewage Facility Requiring Maintenance, dated October 14, 2015 recorded October 21, 2015 under Jefferson County Clerk's File No.2015034664. 6. Interest in and to oil,gas and other minerals and/or royalties,bonuses,rentals and all other rights relating thereto as set forth in the document Recorded:May 8, 1986 Recording No.: County Clerk's File No. 8613253, of the Official Public records, of Jefferson County, Texas. 7. Oil,Gas and Mineral Lease,and all terms,conditions and stipulations therein: Recorded: September 18, 1998, in County Clerk's File No. 9835757, of the Official Public records, of Jefferson County,Texas. Lessor:Bettie N.Fortenberry Lessee: Ballard Exploration Company,Inc. 8. Oil,Gas and Mineral Lease,and all terms,conditions and stipulations therein: Recorded: September 18, 1998, in County Clerk's File No. 9835758, of the Official Public records, of Jefferson County,Texas. Lessor:Tyrrell-Combest Ltd. Lessee:Ballard Exploration Company,Inc. Exhibit B Special Warranty Deed PD.46156008.10 2024 -22391 08/26/2024 08:17 AM Page 7 of 8 9. Oil,Gas and Mineral Lease,and all terms, conditions and stipulations therein: Recorded: October 15, 1998, in County Clerk's File No. 9839114, of the Official Public records, of Jefferson County,Texas. Lessor:M.Gordon Rountree et al Lessee:Ballard Exploration Company,Inc. 10. Oil,Gas and Mineral Lease,and all terms,conditions and stipulations therein: Recorded:February 14,2006, in County Clerk's File No. 2006005651,of the Official Public records,of Jefferson County,Texas. Lessor:Tyrrell-Combest Ltd. Lessee: Square Mile Energy,LLC 11. Oil,Gas and Mineral Lease,and all terms,conditions and stipulations therein: Recorded: February 14, 2006, in County Clerk's File No. 2006005652, of the Official Public records, of Jefferson County,Texas. Lessor:Richard N. Evans et al Lessee: Square Mile Energy,LLC 12. Oil,Gas and Mineral Lease, and all terms,conditions and stipulations therein: Recorded: February 14,2006, in County Clerk's File No. 2006005653, of the Official Public records, of Jefferson County,Texas. Lessor:ZizmontTree Farms,L.P Lessee: Square Mile Energy,LLC 13. Interest in and to oil,gas and other minerals and/or royalties,bonuses,rentals and all other rights relating thereto as set forth in the document: • Recorded in Volume 644,Page 162 of the Deed Records of Jefferson County,Texas. 14. Terms,conditions and stipulations of that certain Indu0strial District Agreement by and between the City of Port Arthur,GT Logistics,LLC and Golden Triangle Properties,LLC,filed for record December 17, 2018 under Jefferson County Clerk's File No. 2018043468. 15. Terms,conditions and stipulations of that certain Industrial District Agreement by and between the City of Port Arthur and GT Logistics,LLC,filed for record on April 26,2021 under Jefferson County Clerk's File No.2021013796. 16. All matters a current inspection or survey of the Property would reveal,including all matters shown on the ALTA/NSPS Land Title Survey of the Property prepared by Jake T. Rodrigue, RPLS No. 6685, of T. Baker Smith,dated April 15,2024 and last revised August 23,2024,Job No.2023.1996. Exhibit B Special Warranty Deed PD.46156008.10 2024-22391 08/26/2024 8:18 AM Page 8 of 8 Jefferson County Roxanne Acosta- Hellberg Jefferson County Clerk Instrument Number: 22391 eRecording-Real Property DEED Recorded On: August 26, 2024 08:17 AM Number of Pages: 8 " Examined and Charged as Follows: " Total Recording: $49.00 ***********THIS PAGE IS PART OF THE INSTRUMENT*********** Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 22391 CORPORATION SERVICE CORP INGEO 1537 Receipt Number: 20240823000138 919 North 1000 West Recorded Date/Time: August 26, 2024 08:17 AM User: Candace L LOGAN UT 84321 Station: CCLERK41 vµzrcov STATE OF TEXAS 0o R?. COUNTY OF JEFFERSON * * I hereby certify that this Instrument was FILED In the File Number sequence on the date/time � printed hereon,and was duly RECORDED in the Official Records of Jefferson County,Texas. 44.44 ' Roxanne Acosta-Hellberg u '"CO" � Jefferson County Clerk Jefferson County,TX EXHIBIT "B" STATE OF TEXAS § § COUNTY OF JEFFERSON § INDUSTRIAL DISTRICT AGREEMENT This INDUSTRIAL DISTRICT AGREEMENT (this "Agreement") is made and entered into by and between the City of Port Arthur (hereinafter referred to as the "City") , a home rule municipality governed under the laws of the State of Texas and Entergy Texas , Inc. (hereinafter referred to as the "Property Owner") . WHEREAS, the Property Owner owns and/or leases real and tangible property located in the City' s extraterritorial jurisdiction/industrial district (hereinafter referred to as "ETJ") and plans to construct a 754-megawatt combined cycle power station (hereinafter referred to as "The Project" or the "Facility", and described in more detail in Exhibit "A") . The Property Owner would like to enter into an Industrial District Agreement solely for this purpose; and WHEREAS, pursuant to Section 42 . 001 of the Texas Local Government Code, the Legislature declares it the policy of the State of Texas to designate certain areas as the extraterritorial jurisdiction of municipalities to promote and protect the general health, safety, and welfare of persons residing in and adjacent to the municipalities; and Entergy Texas,Inc. -Legend Power Station Project 1 Industrial District Agreement 2025-2034 WHEREAS, the ETJ of the City is the unincorporated area that is contiguous to the corporate boundaries of the City and that is located within 3-1/2 miles of the boundaries of the City; and WHEREAS, pursuant to Section 42 . 044 of the Texas Local Government Code (the "TLGC) , the governing body of a municipality may designate any part of its ETJ as an industrial district and may treat the designated area in a manner considered by the governing body to be in the best interests of the municipality; and WHEREAS, the Property Owner owns and/or leases land that is located in the ETJ of the City which was previously designated as an industrial district . Exhibit "B" represents a true, correct and complete legal description and map depiction of said land owned in fee by and/or leased by the Property Owner (hereinafter referred to as the "Affected Area") ; and WHEREAS, pursuant to Section 42 . 044 of the Texas Local Government Code, the City may make written agreements with owners of land in an industrial district; and WHEREAS, this Agreement is authorized under Sections 43 . 0116 and 212 . 172 of the Texas Local Government Code, Vernon' s Texas Code Annotated and Article I, Sections 5 and 6 of the City' s Charter, and the parties agree that the terms of this Agreement are reasonable, appropriate, and not unduly restrictive of business activities; and Entergy Texas,Inc. -Legend Power Station Project 2 Industrial District Agreement 2025-2034 WHEREAS, this Agreement includes provisions concerning tangible property, real, personal and mixed owned and/or leased by the Property Owner in the Affected Area; and WHEREAS, in previous Industrial District Agreements, the City has articulated its concern regarding the unemployment rate of Port Arthur residents in an effort to maximize job opportunities for Port Arthur residents and contracting opportunities for Port Arthur businesses and contractors; and WHEREAS, the City created the Port Arthur Business Enterprise (PABE) program, with a goal of improving opportunities for its residents and businesses; and WHEREAS, the City is interested in working with industry to obtain information on current hiring and procurement efforts, including results, and to increase employment opportunities for Port Arthur residents and procurement for Port Arthur businesses; and WHEREAS, the City wants to encourage additional new capital investments and job creation at the location as it pertains to the aforementioned Project; and WHEREAS, the Property Owner plans to make an estimated capital investment of approximately $1 . 5 billion in the Affected Area; and WHEREAS, the City and the Property Owner desire to enter into an Industrial District Agreement with respect to the Affected Area in the City' s ETJ; and Entergy Texas,Inc. -Legend Power Station Project 3 Industrial District Agreement 2025-2034 WHEREAS, the Property Owner agrees to provide written reports to the City regarding its hiring and procurement practices on a semi-annual basis as it pertains to the Project (as defined in Exhibit "A") ; and WHEREAS, the City desires to offer an incentive to the Property Owner as it pertains to the Project if it meets certain milestones based on increases in the hiring of Port Arthur residents and the contracting opportunities afforded to Port Arthur businesses; and WHEREAS, this Agreement shall be effective and binding on the parties hereto upon execution hereof on behalf of all parties to this Agreement, effective January 1, 2025 and governs the City contractual relationship with the Property Owner; and WHEREAS, the City finds that the provisions set forth in this Agreement are in the best interests of the City and beneficial to the general health, safety, and welfare of its residents; and WHEREAS, the Property Owner finds that this Agreement is beneficial to its business operations; and WHEREAS, the City Council has determined that this arrangement would best serve the public ' s health, necessity, and convenience and the general welfare of the City and its citizens. NOW, THEREFORE, in consideration of the premises and the mutual agreements of the parties contained herein, the City and the Property Owner agree with each other as follows as it pertains to the Affected Area described in Exhibit "B": Entergy Texas,Inc. -Legend Power Station Project 4 Industrial District Agreement 2025-2034 Section 1 : ETJ Status , City Services and Code Enforcement (a) Pursuant to Section 42 . 044 of the TLGC, and subject to the terms and provisions of this Agreement, the City agrees and guarantees that during the term of this Agreement, the Affected Area shall be immune from annexation and shall continue to retain its status as part of the City' s ETJ, except as otherwise expressly provided herein. (b) The Property Owner and the City agree that the City shall have no obligation to provide City services to the Property Owner in the Affected Area with respect to the project and that the City will not extend any services to Property Owner in the Affected Area with respect to the project (unless otherwise provided herein) . The City will not require the Property Owner to adhere to City codes such as the regulation of plats and subdivisions of land, the imposition of building, electrical, or plumbing inspections, and related code requirements . The Property Owner agrees not to imprudently discharge storm water from the project facilities located in the Affected Area or contribute to flooding on adjacent property from the project facilities located in the Affected Area . Section 2 . Description of Affected Area and Reports (a) The City hereby designates the portion of the City' s ETJ described and depicted on Exhibit "B", which contains all of the land owned and/or leased by the Property Owner in the City' s ETJ, as an Industrial District. The Property Owner hereby certifies Entergy Texas,Inc. -Legend Power Station Project 5 Industrial District Agreement 2025-2034 that Exhibit "B" represents a true, correct and complete legal description and map depiction of all of the land owned and/or leased by the Property Owner in the "Affected Area". This agreement solely relates to the values assigned for the Project as delineated in Exhibit "A" and located within the ETJ/Industrial District in Exhibit "B"; and (b) On or before May 1 of each year during the term of this Agreement, the Property Owner shall furnish to the City a written report listing the names and addresses of all persons and entities who store any tangible personal property on the land in the Affected Area with the Property Owner with respect to the Project (hereinafter referred to as "products in storage") , and are in the possession or under the management of Property Owner on January 1 of such year, and further giving a description of such products in storage. The Property Owner shall file all reports required by the chief appraiser of the Jefferson County Appraisal District ("JCAD") under Section 22 . 04 of the Texas Property Tax Code relating to (i) third parties' property that is in the Affected Area with respect to the Project and in the Property Owner' s possession or under the Property Owner' s management by bailment, lease, consignment, or other arrangement, and (ii) storage space leased or otherwise provided to third parties for storage of personal property in the Affected Area with respect to the Project . Entergy Texas,Inc. -Legend Power Station Project 6 Industrial District Agreement 2025-2034 Section 3 . Payments by the Property Owner (a) The City levies ad valorem taxes for general revenue purposes on the value of land, improvements, and certain personal property located within its corporate limits. If the Affected Area were located within the corporate limits of the City, it would be subject to such levy. As part of the consideration for the City' s agreements contained herein, the Property Owner agrees to make a payment to the City in lieu of taxes with respect to the Project (hereinafter referred to as "In Lieu of Payment") for each "Tax Year" (as hereinafter defined) during the term of this Agreement "Payment Period" (as hereinafter defined) as provided herein. As used herein, the term "Tax Year" has the meaning assigned to that term in Section 1 . 04 of the Texas Property Tax Code (i. e. , the calendar year) . (b) On or before January 31st of each Tax Year during the term of this Agreement, and except as otherwise provided in Sections 6 and 19, the Property Owner will remit to the City an "In Lieu of Payment" equal to the applicable percentage for the tax year as delineated below of the "Taxable Value" (as hereinafter defined) multiplied by the City' s property tax rate for such Tax Year as it pertains to the Project. For avoidance of any future doubt or confusion, whatever "In Lieu of Payment" Property Owner makes under this Agreement with respect to the Project supplants and is to the exclusion of any Entergy Texas,Inc. -Legend Power Station Project 7 Industrial District Agreement 2025-2034 "In Lieu of Payment" which might otherwise be due under any existing Industrial District Agreement with respect to the Project or the Affected Area . The Parties agree to the following Discounted Rate Table as it pertains to the Project : $1.5 Billion Tax Year (beginning January 15t) Investment Discount Year 2025 Construction Period 25% Year 1 2026 Construction Period 25% Year 2 2027 Construction Period 25% Year 3 2028 Construction Period 25% Year 4 2029 Construction Period 25% Year 5 2030 Post Construction 10% Year 6 2031 Post Construction 20% Year 7 2032 Post Construction 30% Year 8 2033 Post Construction 40% Year 9 2034 Post Construction 50% Year 10 The Property Owner will report and certify to the City the requisite investment of the Project within 120 days after the completion of the Project (or 120 days after the Effective Date, whichever is later) . In the event the investment of the Project does not exceed $1 . 5 billion, the Parties agree to revisit the Discounted Rate Table and utilize the discounted rate applicable to the amount invested under the City' s IDA Policy. For illustration purposes only, the "In Lieu of Payment" for Tax Year 2025 would be calculated based upon a discounted value of 25% . The "In Lieu of Payment" is an amount equal to 25% of the Entergy Texas,Inc. -Legend Power Station Project 8 Industrial District Agreement 2025-2034 Taxable Value multiplied by the City' s property Tax Rate for such Tax Year . (c) On or before October 1st of each Tax Year during the Payment Period, the City will submit to the Property Owner a statement setting forth the calculation of the In Lieu of Payment due from the Property Owner for such Tax Year. (d) For the purposes of this Agreement, "Applicable Percentage" means, for any Tax Year during the Payment Period, a percentage equal to amount specified in the table referenced in Section 3b. (e) For the purposes of this Agreement, "Construction Period" means the five-year period beginning on January 1, 2025 in which construction of the Project commences and ending on December 31, 2029 . (f) For the purposes of this Agreement, "Post-Construction Period" means the five (5) year period beginning with and including the Tax Year immediately following the end of the Construction Period and ending with and including the tenth (10th) Tax Year following the conclusion of the Construction Period (December 31, 2029) . (g) For the purposes of this Agreement, "Payment Period" means the ten (10) year period beginning with and including the first (1st) Tax Year of the Construction Period and ending with and including the tenth (10th) Tax Year of the Post-Construction Period. Entergy Texas,Inc. -Legend Power Station Project 9 Industrial District Agreement 2025-2034 (h) For the purposes of this Agreement, "Taxable Value" means, for any Tax Year, the appraised value of the Property Owner' s real property, tangible personal property or mixed that is included in the Project and situated on the Affected Area as determined for such Tax Year by the chief appraiser of JCAD for the property tax purposes of Jefferson County, Texas as of January 1st of such Tax Year, less the exempt value of pollution control property included in the Project and as so determined. The Appraised Value also includes the appraised value of any property included in the Project and that is located in a foreign trade zone or any other type of federal, state or local zone as it pertains to the Project . Additionally, the Property Owner' s Taxable Value for the purposes of this Agreement for any such Tax Year will include the Taxable Value of all tangible personal property located and stored on the Affected Area as it pertains to the Project that is owned by third parties and is in the possession or under the management of the Property Owner by bailment, lease, consignment, or any other arrangement with the Property Owner ("products in storage") on January 1 of such Tax Year. (e) For illustration purposes only, assume for Tax Year 2025 during the term of this Agreement that the Taxable Value is $200, 000, 000 and that the City' s property tax rate for such Tax Year is $ . 792 per $100 of Taxable Value. Subject to the provisions Entergy Texas, Inc. -Legend Power Station Project 10 Industrial District Agreement 2025-2034 of Section 6, the In Lieu of Payment for such Tax Year under this Agreement would be $396, 000 calculated as follows : $200, 000, 000 X 25% X $ . 792/$100 = $396, 000 . 00 Similarly, for illustration purposes only, assume for Tax Year 2033 during the term of this Agreement that the Taxable Value of the Project is $125, 000, 000 and that the City' s property tax rate for such Tax Year is $ . 792 per $100 of Taxable Value. Subject to provisions of Section 6, the In Lieu of Payment for such Tax Year would be $396, 000 calculated as follows: $125, 000, 000 X 40% X $ . 792/100 = $396, 000 Section 4 . Port Arthur Local Business Enterprise Program The City recognizes that proactive steps must be taken to help ensure that Port Arthur local business enterprises thrive and continue to benefit our community economically and socially. Therefore, the City created the Port Arthur Local Business Enterprise Program (the "PABE Program") which is designed to promote spending with qualified Port Arthur local business enterprises (each an "LBE" as such term is defined below) by companies that have industrial district agreements with the City, as well as to increase the diversity of Port Arthur businesses from which such companies procure goods and services so that the pool of such businesses is representative of the business community at large. The Property Owner agrees to participate in the PABE Program. Entergy Texas,Inc. -Legend Power Station Project 11 Industrial District Agreement 2025-2034 As used herein, "LBE" means a Port Arthur business (including, but not limited to, a Port Arthur minority and/or women owned business enterprise ("MWBE") , a Port Arthur historically underutilized business ("HUB") , and a Port Arthur disadvantaged business enterprise ("DBE") ) that has been certified as a LBE under the procedures and criteria specified in the PABE Program as determined by the City Council of the City, but such term shall not include any Port Arthur business that has ceased to be so certified. The City and the Property Owner agree, in conjunction with other companies that have entered into industrial district agreements with the City, to set up an advisory board to implement the goals and objectives for the PABE program. The advisory board will meet as needed and will be facilitated by an outside source Lamar State College of Port Arthur or other mutually agreeable party) (referred to herein as the "PABE Facilitator") . Notwithstanding anything contained in this Agreement to the contrary, the Property Owner shall in no event be obligated under any provision of this Agreement (i) to amend or otherwise change, or attempt to amend or otherwise change, any agreement to which the Property Owner is a party as of the date hereof, or (ii) to hire or retain any person, or to award any contract for materials, supplies, equipment or services to any vendor, supplier, 0 professional, contractor or subcontractor, unless, in the Property Owner ' s sole discretion, (A) such person is qualified, is willing to perform the work, and satisfies all of the Property Owner ' s Entergy Texas,Inc. -Legend Power Station Project 12 Industrial District Agreement 2025-2034 normal standards for employment, and (B) such vendor, supplier, professional, contractor or subcontractor is qualified, financially sound, has an adequate safety record, is willing to perform the work, or provide the materials or services, in the time required and in a competitive manner, and is the lowest qualified responsive bidder who meets all the applicable bid specifications . The Property Owner agrees that it will participate in the PABE Program during the term of this Agreement and strongly consider the use of certified Port Arthur businesses to facilitate the goals of the PABE Program. The terms and conditions of the PABE Program are delineated on the City' s official website. The Property Owner, together with the City' s staff, will also participate in a Semi-Annual Employment Roundtable Program facilitated by the City. The goal of the Semi-Annual Employment Roundtable Program is to address employment and training issues that are essential to the hiring of Port Arthur residents as employees of the Property Owner and its Nested Contractors (as hereinafter defined) . The Semi-Annual Employment Roundtable Program will also address issues related to improving the workforce within the City to meet the needs of industry. As used herein, the term "Nested Contractor" means an employer that (i) regularly operates full time at the Affected Area providing personnel or services under contract with the Property Owner and (ii) is listed on Exhibit E attached hereto. Entergy Texas,Inc. -Legend Power Station Project 13 Industrial District Agreement 2025-2034 Section 5 . Reporting Requirements For each of the Tax Years 2025 through 2034 , the Property Owner agrees to submit on a semi-annual basis a report, attached hereto as Exhibit "D" (each, a "Report") in accordance with the procedures, and providing the information specified, herein with respect to the hiring of qualified Port Arthur residents by the Property Owner and its Nested Contractors, and the retention of PABE' s by the Property Owner, as the same relate to the Affected Area . Each six-month period for which a Report is required herein is referred to herein as a "Reporting Period. " Section 6 . Performance Based Incentives for Discounts as an Economic Incentive Program pursuant to Chapter 380 of the Texas Local Government Code In General (a) The calculation of the In Lieu of Payment under Section 3 is based in part upon the application of a percentage as delineated in Section 3 for the Corresponding Tax Year (the "Discounted Rate") . For any Tax Year during the term of this Agreement, the Discounted Rate may be reduced as provided in this Section 6 upon verification and approval by the governing body of the City that one or more of the performance-based milestones described in this Section 6 were reached for the Report Period or Report Periods covered by the Report or Reports applicable for such Tax Year as Entergy Texas, Inc. - Legend Power Station Project 14 Industrial District Agreement 2025-2034 designated below (such period or periods for any Tax Year being referred to herein as the "Milestone Period" as designated below) : Tax Year Report Period or Milestone Period Report Periods Ending on the following: 2025 June 30, 2025 January 1, 2025 to June 30, 2025 2026 December 31, 2025, July 1, 2025 to June 30, 2026 June 30, 2026 2027 December 31, 2026, July 1, 2026 to June 30, 2027 June 30, 2027 2028 December 31, 2027, July 1, 2027 to June 30, 2028 June 30, 2028 2029 December 31, 2028, July 1, 2028 to June 30, 2029 June 30, 2029 2030 December 31, 2029, July 1, 2029 to June 30, 2030 June 30, 2030 2031 December 31, 2030, July 1, 2030 to June 30, 2031 June 30, 2031 2032 December 31, 2031, July 1, 2031 to June 30, 2032 June 30, 2032 2033 December 31, 2032, July 1, 2032 to June 30, 2033 June 30•, 2033 2034 December 31, 2033, July 1, 2033 to June 30, 2034 June 30, 2034 The information used to calculate the performance-based milestones described in this Section will be reported in the manner outlined in Section 5 of this Agreement . Hiring Milestones (b) For purposes of this Agreement, the term "Report Period Hiring Percentage" means, for any Report Period during the term of this Agreement, a percentage equal to the quotient determined by dividing (X) by (Y) where: (X) = an amount equal to the sum of: (i) the total number of expansion employees employed by the Property Owner at the Facility on the last day of such Report Period who were Port Arthur residents on such date; plus Entergy Texas,Inc. -Legend Power Station Project 15 Industrial District Agreement 2025-2034 (ii) the total number of expansion employees employed by the Property Owner' s Nested Contractors for projects at the Facility on the last day such Report Period who were Port Arthur residents on such date; and (Y) = an amount equal to the sum of: (i) the total number of expansion employees employed by the Property Owner at the Facility on the last day of such Report Period; plus (ii) the total number of expansion employees employed by the Property Owner' s Nested Contractors for projects at the Facility on the last day of such Report Period. The Hiring Milestone calculation referenced in this section only applies to employees that are hired for the Project. Those employees that work at the existing plant are not included in this calculation. (c) For purposes of this Agreement, the term `Hiring Milestone" means : (i) for the Milestone Period applicable to the Tax Year 2025, the Report Period Hiring Percentage for the Report Period ending June 30, 2025; and (ii) for the Milestone Period applicable to any of the Tax Years 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033 and .2034 the sum of the Report Period Hiring Percentages for the Report Periods included in such Milestone Period divided by two (2) . (d) Upon verification and approval by the governing body of the City that one of the Hiring Milestones (as hereinafter defined) was reached for the Milestone Period applicable to a Tax Year, the Discounted Rate for such Tax Year shall be reduced by ten (10) Entergy Texas,Inc. -Legend Power Station Project 16 Industrial District Agreement 2025-2034 percentage points (100 ) based upon the following schedule (the "Hiring Milestones") : Construction Period Percentage Point Reduction* Milestone Hiring Percentage for the Milestone Period applicable to such Tax Year 25% of those employed are 10% Port Arthur Residents Post-Construction Period Percentage Point Reduction* Milestone Hiring Percentage for the Milestone Period applicable to such Tax Year 25% of those employed are 10% Port Arthur residents and 10% of the new Hires are Port Arthur Residents This milestone includes those individuals working as Permanent employees of the Company and those employed by Nested Contractors that are specifically working for the Project. PABE Spend Milestones (e) Prior to the first day of each Report Period, the City shall cause the PABE Facilitator to provide the Property Owner with a list of certain PABE' s for such Report Period selected and compiled by the PABE Facilitator in accordance with the next sentence (such PABE' s for any such Report Period being referred to herein as the "Designated PABE' s") . In preparing the list of the Designated PABE' s for any Report Period, the City shall cause the PABE Facilitator: (i) to categorize the PABE' s on such list as either commercial, industrial, or both commercial and industrial; (ii) in the case of PABE' s categorized as commercial, to only include PABE' s that specialize in retail trade, service, professional, office or similar Entergy Texas,Inc. -Legend Power Station Project 17 Industrial District Agreement 2025-2034 goods and/or services that can be utilized by the Property Owner at the Project; and (iii) in the case of PABE' s categorized as industrial, to only include PABE' s whose primary business activity is classified under the North American Industry Classification System (NAICS) to an industry that provides goods and/or services that can be utilized by the Property Owner at the Project. (f) For purposes of this Agreement, the term "PAGE Spend Amount" means an amount equal to (i) the dollar amount of contracts awarded and/or purchases made by the Property Owner to Designated PABE' s for goods and/or services during the semi-annual Reporting Periods included in Tax Year 2025 through 2034 (collectively, the "Report Period") . (g) For purposes of this Agreement, the term "Report Period PABE Spend Percentage" means, for any Report Period during the term of this Agreement, a percentage equal to the quotient determined by dividing (X) by (Y) where: (X) = the dollar amount of contracts awarded and/or purchases made as it pertains to the Project, during such Report Period by the Property Owner or its affiliates with Designated PABE' s for goods and/or services; and (Y) = the total dollar amount of contracts awarded and/or purchases made as it pertains to the Project, during such Report Period by the Property Owner or its affiliates. (h) For purposes of this Agreement, the term "Milestone PABE Spend Percentage" means for the Milestone Period applicable to each of the Tax Years Tax Years 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033 and 2034, the sum of the Report Period PABE Spend Entergy Texas,Inc. -Legend Power Station Project 18 Industrial District Agreement 2025-2034 Percentages for the Report Periods included in such Milestone Period. (i) Upon verification and approval by the governing body of the City that the PABE Spend Milestones (as hereinafter defined) was reached for the Milestone Period applicable to a Tax Year, the Discounted Rate for such Tax Year shall be reduced by ten (10) percentage points (100) based upon the following table (the "PABE Spend Milestones") : Construction Period Percentage Point Reduction* PABE Milestone Percentage applicable to such Tax Year 4% of construction costs are 10% spent with PABE members Post-Construction Period Percentage Point Reduction* PABE Milestone Percentage applicable to such Tax Year 4% of purchases made after 10% construction are spent with PABE members Notifications For each Tax Year during the term of this Agreement, the City will verify the Report or Reports (as applicable) submitted by the Property Owner for the Report Period or Report Periods (as applicable) included in the Milestone Period applicable to such Tax Year. If for any such Tax Year the City determines that such Report or Reports fail to substantially comply with the reporting obligations under Section 5, then the City shall provide the Property Owner with a written notice of the facts which the City Entergy Texas,Inc. -Legend Power Station Project 19 Industrial District Agreement 2025-2034 believes have caused such Report or Reports to fail to substantially comply with such reporting obligations, and the Property Owner shall have thirty (30) days to cure such failure. If the City does not provide any such written notice with respect to the Report or the Reports for the Report Period or Report Periods included in a Milestone Period within ninety (90) days after the last day of such Milestone Period, then for purposes of this Agreement (including Section 5) , such Report or Reports shall be deemed to be in substantial compliance with the reporting obligations under Section 5 . On or before October 1 of each such Tax Year, the City shall notify the Property Owner whether it met any of the Hiring Milestones and/or PABE Milestones . The information compiled by the City in connection with any such verification shall be made available to the Property Owner upon request . Section 7 . Back-up Fire and Police Assistance If requested orally or in writing by the Property Owner, the City' s Fire Department may provide back-up Fire Suppression Support as determined by the City' s Fire Chief, and the City' s Police Department may assist in providing an evacuation route and traffic control, in the case of a fire or a chemical release at the Property Owner' s facilities located in the Affected Area, at no cost or expense to the Property Owner. Nevertheless, the Property Owner agrees to abide by federal, state and local law, including National Fire Protection Association (NFPA) codes and Entergy Texas,Inc. -Legend Power Station Project 20 Industrial District Agreement 2025-2034 standards and shall take such precautions as to prevent ( 1) fires, explosions and chemical releases and (2) the imprudent discharge of storm water that contributes to flooding on adjacent property. The Property Owner shall have in place an evacuation plan for the Property Owner' s facilities located in the Affected Area that is consistent with industry standards and/or is required by applicable federal and state laws, and the health and safety laws of the City of which the Companies have been notified by the City. The Property Owner shall employ or provide sufficient primary fire suppression response, as well as control and abate chemical releases . The Property Owner shall provide the City' s Fire Chief and Police Chief with Emergency Response Plans for any plants, refineries, chemical operations or other hazardous operations that take place in the Affected Area . If there is a fire and the City is requested to provide initial and primary (as opposed to back- up) fire suppression services or if a cleanup is required of the City, the Property Owner agrees to pay to the City the costs and expenses incurred by the City and any of its departments or of any of its affiliated providers, i . e. , ambulance companies that are called to the scene. The Property Owner shall immediately notify the central dispatch office which serves the City' s Fire Chief, Police Chief, and the City' s Emergency Management Coordinator of all incidents involving fires, serious injuries, deaths, chemical releases and flooding that create a health and safety hazard to the community Entergy Texas,Inc. - Legend Power Station Project 21 Industrial District Agreement 2025-2034 or that exceed permissible exposure limits under applicable state or federal laws . Section 8 . Annexation for Health, Safety and Welfare Reasons It is specifically stipulated that nothing in this Agreement will in any manner limit or restrict the authority of the City to annex all or part of said lands and facilities during the period of this Agreement if the City should determine that such annexation is reasonably necessary to promote and protect the general health, safety, and welfare of the persons residing within or adjacent to the City, provided however, that the City agrees that any annexation of the land in the Affected Area will not be made for revenue purposes only, except as provided in Section 12 below. Section 9 . Annexation Due to Legislative Action Notwithstanding any other provision in this Agreement, the parties agree and consent that the City may annex the Affected Area if a bill is enacted by the Texas Legislature which limits or restricts the authority of the City to annex all or part of the land and improvements in the Affected Area. In the event of annexation under this Section 9 or Section 8, (i) the Property Owner will not be required to make further payments under this Agreement for any Tax Year commencing after annexation with respect to the property so annexed, but shall nevertheless be obligated to make full payments for the Tax Year during which such annexation becomes effective if the annexation becomes effective after January 1st of such Tax Year, and (ii) the Property Owner shall Entergy Texas,Inc. - Legend Power Station Project 22 Industrial District Agreement 2025-2034 not be required to pay ad valorem taxes to the City for the same period of time they have already paid an In Lieu of Payment with respect to the Affected Area . If for any reason the City is prevented from annexing the Affected Area and if the parties cannot reach an agreement on a new payment schedule on a new "in lieu of tax" agreement, then unless the City has extended this Agreement under the circumstances described in the last sentence of this Section 9, the Property Owner agrees that it will continue to pay to the City the In Lieu of Payments delineated in Section 3 of this Agreement until December 31, 2034 and will, for each Tax Year thereafter, continue to annually pay the City an "in lieu of tax" payment equal to eighty percent (80%) of the Taxable Value of the Property Owner' s real and tangible personal property located in the Affected Area as determined by JCAD for such Tax Year multiplied by the City' s property tax rate for such Tax Year for so long as the Property Owner or its assignees and successors or affiliates own such property. Payments will be due on January 31st of each year . In the event the City is prevented from annexing the Affected Area in the legislative circumstances described in the first sentence of this Section 9, then pursuant to Sections 42 . 044 and 212 . 172 Local Government Code, the Property Owner agrees and consents that the City has the option, in the City' s sole discretion, to extend this Agreement and that the Property Owner will continue to annually pay the City "in lieu of tax" payments, as denoted above, for successive periods, for a total duration not Entergy Texas,Inc. - Legend Power Station Project 23 Industrial District Agreement 2025-2034 to exceed 45 years, or the maximum period allowed by law, whichever is longer. Section 10 . Electrical Usage The Property Owner will provide the City with information as to the Property Owner' s electrical consumption at the Affected Area from Entergy or from any other electric utilities, transmission and distribution utility, municipally owned utility, electric cooperative, or from any other source, as well as all metering locations that service the Affected Area. The information provided by the Property Owner to the City regarding such electrical consumption and metering locations shall be held confidential by the City to the fullest extent permitted under applicable law. If the City receives a request for such information, the City will notify the Property Owner and the Property Owner will be afforded an opportunity to file a brief with the Texas Attorney General setting forth the reasons for exclusion of all or any portion of such information from the requirement to be released pursuant to the Texas Public Information Act . Section 11 . Right to Annexation at the Expiration of this Agreement The parties agree that the City has the sole discretion, after October 1, 2034 to annex the property in the Affected Area or to enter into negotiations with the Property Owner regarding an Entergy Texas,Inc. -Legend Power Station Project 24 Industrial District Agreement 2025-2034 industrial district agreement covering periods after the expiration of this Agreement . If for any reason any portion of the Affected Area is annexed prior to December 31, 2034 , and as an economic incentive program as allowed under Chapter 380 of the Texas Local Government Code, the City will promptly remit to the Property Owner the portion of the property taxes paid to the City with respect to such annexed property that are in excess of the In Lieu of Payment that would have been paid to the City with respect to such annexed property if such annexation had not occurred. This partial remission of taxes (Chapter 380 Economic Incentive Program) will only be applicable until December 31, 2034 . Section 12 . Right to Annexation pursuant to Chapter 43 of the Texas Local Government Code The present owners and lessees of the land, improvements, units, equipment, inventory, and all other property located in the Affected Area and pertaining to the Facility are described in Exhibit "A", except for any owner or lessee of such property the aggregate Taxable Value of which is not reasonably expected as of the date of this Agreement to exceed $250, 000 . 00 (the "Excluded Persons") . The City reserves the right to annex any tract or parcel with the minimum required adjacent area, as per Chapter 43 of the Texas Local Government Code, if any of such owners or lessees other than the Excluded Persons do not pay an In Lieu of Payment for its interest in such land, improvements, units, Entergy Texas,Inc. - Legend Power Station Project 25 Industrial District Agreement 2025-2034 equipment, inventory, and all other property located in the Affected Area and pertaining to the Facility. Nothing contained herein shall be construed to prohibit or prevent the Property Owner from paying the other owners' or lessees' In Lieu of Payment required by this Agreement to prevent annexation by the City. If the City annexes a tract or tracts, such annexed tract or tracts shall be deleted from the description of the Affected Area set forth on Exhibit "A" for all purposes of this Agreement, and the total In Lieu of Payment will be reduced accordingly to accurately reflect such annexation. Section 13 . Assignment If the Property Owner desires to assign all or a portion of this Agreement to any person, the Property Owner shall provide written notice of such assignment to the City and shall receive the written consent of the City Council, by a duly adopted Resolution, which will not be unreasonably withheld, delayed or conditioned. The Property Owner shall provide a description of the assignee and such other information as is reasonably requested by the City to indicate that the assignee will operate the Facility as a reasonably prudent operator, act as a good corporate citizen, and will fully abide by the terms of this Agreement . If the assignment is approved by the City Council, the Property Owner shall be relieved of its obligations under this Agreement to the extent that an assignee expressly assumes the Property Owner' s obligations hereunder. Subject to the preceding, this Agreement Entergy Texas,Inc. - Legend Power Station Project 26 Industrial District Agreement 2025-2034 shall inure to the benefit of and be binding upon the parties hereto and its respective successors and assigns . Section 14 . Other Relief Granted It is agreed by the parties to this Agreement that the Property Owner and the City have the right to seek equitable relief, including specific performance of this Agreement . Section 15 . Inspections The Property Owner shall allow a reasonable number of authorized employees and/or representatives of the City who have been designated and approved by the governing body of the City to have access to the Affected Area during the term of this Agreement to inspect the property and any improvements thereon to determine compliance with the terms and conditions of this Agreement . All such inspections will be made at mutually agreeable times and will only be conducted in such manner as complies with the Property Owner' s safety and security standards and rules . All such inspections will be made with one or more representatives of the Property Owner. The Property Owner may require any person conducting such an inspection to execute a confidentiality agreement before entering the Affected Area. The information provided by the Property Owner to the City or otherwise obtained by the City in connection with any such inspection or this Agreement shall be held confidential by the City to the fullest extent permitted under applicable law. If the City receives a request for such information, the City will notify Entergy Texas,Inc. -Legend Power Station Project 27 Industrial District Agreement 2025-2034 the Property Owner and the Property Owner will be afforded an opportunity to file a brief with the Texas Attorney General setting forth the reasons for exclusion of all or any portion of such information from the requirement to be released pursuant to the Texas Public Information Act . Section 16 . Port Arthur Industrial Group The Property Owner agrees that it will participate in the Port Arthur Industrial Group during the term of this Agreement and for so long as the Port Arthur Industrial Group is a viable organization in order to assist in the establishment of apprenticeship, internship, mentoring and/or educational programs and projects for the training of Port Arthur residents for permanent jobs in the Port Arthur area. The Property Owner further agrees to request and encourage its Nested Contractors to establish and fund their own apprenticeship, internship, mentorship and/or education programs and projects for the training of Port Arthur residents for permanent jobs in the Port Arthur area. Section 17 . Inspection of Records The City reserves the right to review the Property Owner' s records to ascertain the accuracy of reports filed by the Property Owner in accordance with this Agreement; provided however that (i) Property Owner' s records shall be held confidential by the City to the fullest extent permitted under applicable law, (ii) Property Owner may require the City to execute a confidentiality agreement before reviewing Property Owner' s records, and (iii) in no event Entergy Texas,Inc. -Legend Power Station Project 28 Industrial District Agreement 2025-2034 shall the City have access to records related to Property Owner' s customers, tax matters, materials considered privileged or confidential under applicable law or Property Owner' s internal policies or materials which Property Owner is legally obligated not to disclose by agreement or law. Section 18 . Undocumented Workers The Property Owner certifies that it has not, and will not, knowingly employ an "undocumented worker, " which means an individual who, at the time of employment, is not (i) lawfully admitted for permanent residence to the United States, (ii) a temporary resident lawfully permitted to be employed in the United States or (iii) or authorized under law to be employed in that manner in the United States . The Property Owner acknowledges that it has reviewed Chapter 2264 , Texas Government Code, and hereby affirmatively agrees to repay the amount of any incentive with interest at the rate of ten percent (10o) per annum, not later than the 120th day after the date the City notifies the Property Owner of a violation. The Property Owner acknowledges the City may bring a civil action as to recover any amounts owed under this Chapter, and further acknowledges that the City may recover court costs and reasonable attorney' s fees incurred in bringing an action under Section 2264 . 101, Texas Government Code . Section 19 . Property Tax Information, Credits and Refunds With respect to the land, improvements, units, equipment and all other property located in the Affected Area for each of the Entergy Texas,Inc. - Legend Power Station Project 29 Industrial District Agreement 2025-2034 Tax Years 2025 through 2034, the Property Owner will, to the extent such property has not been annexed by the City, provide to the Director of Finance of the City, at the address specified in Section 27, no later than September 15th of such Tax Year, a copy of the non-privileged/non-confidential rendition which the Property Owner filed with the Jefferson County Appraisal District. The Property Owner shall also provide the following to the Director of Finance of the City at such address with respect to such Tax Years : • each notice of appraised value received by the Property Owner from the Jefferson County Appraisal District with respect to such property; • any notice of protest filed by the Property Owner with the Jefferson County Appraisal Review Board ("ARB") with respect to such property within thirty (30) days after such filing; • any informal settlement or final ARB order determining protest with respect to such property; • any pleadings filed by the Property Owner as a petition for review of an order determining protest of the ARB with respect to such property; and • any settlement, final judgment or other final disposition on appeal or otherwise of any such lawsuit. Pending final determination of any tax protest filed by the Property Owner with the ARB, or appeal thereof, with respect to any Tax Year during the term of this Agreement, the Property Owner shall pay to the City, on or before January 3lstth of such Tax Year, an amount equal to the In Lieu of Payment paid to the City for the immediately preceding Tax Year. Upon the final Entergy Texas,Inc. -Legend Power Station Project 30 Industrial District Agreement 2025-2034 determination of such protest or appeal thereof, the Property Owner' s In Lieu of Payment liability hereunder for such Tax Year shall be calculated based on the Taxable Value for such Tax Year that reflects such final determination. If the In Lieu of Payment so calculated for such Tax Year exceeds the In Lieu of Payment previously paid by the Property Owner for such Tax Year, then the City shall submit to the Property Owner a statement setting forth the calculation of such excess, and the Property Owner shall pay the amount of such excess, without interest or penalty, to the City within thirty (30) days after the Property Owner' s receipt of such statement . If the In Lieu of Payment so calculated for such Tax Year is less than the In Lieu of Payment previously paid by the Property Owner for such Tax Year, then the City shall credit dollar-for-dollar toward future In Lieu of Payments the difference between the amount actually paid hereunder and the amount for which the Property Owner is determined to be liable, without interest, it being understood and agreed that to the extent there are insufficient future In Lieu of Payments under this Agreement against which to credit such difference, the remaining balance of such difference shall be carried forward and credited dollar-for- dollar against any in lieu of tax payments and other amounts due to the City under any industrial district agreement between the Property Owner and the City covering a period or periods after the expiration of this Agreement until utilized in full . Section 20 . Notice of Default Entergy Texas,Inc. -Legend Power Station Project 31 Industrial District Agreement 2025-2034 Notwithstanding anything to the contrary contained in this Agreement, in the event of any breach by the Property Owner of any of the terms or conditions of this Agreement, the City shall give the Property Owner not less than five (5) business days' written notice, specifying the nature of the alleged default, and manner in which the alleged default may be satisfactorily cured. Thereafter, the Property Owner will be afforded a reasonable time (but in no event less than 60 days) within which to cure the alleged default . Nevertheless, time is of the essence on the payment schedule for the In Lieu of Payments on January 31st of each year. If the Property Owner does not pay the In Lieu of Payment by January 31st of each tax year, the City can immediately commence annexation proceedings and sue for all damages provided for herein. In the case of litigation for breach of this Agreement and to encourage timely payments, the City can seek 1000 of all monies that the City would have received from the Property Owner if it been within the corporate limits, which include 1000 of all taxes, building permit fees, sales or use taxes, and all franchise fees on cable and electrical usage, interest and penalty thereon, attorney' s fees, and court costs . Section 21 . Entire Agreement This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof and supersedes any and all prior understandings or oral or written agreements between the parties respecting such subject matter, except as Entergy Texas,Inc. -Legend Power Station Project 32 Industrial District Agreement 2025-2034 otherwise provided in the instruments referenced herein. This Agreement may be amended only by written instrument signed by all of the parties hereto . Section 22 . Severability If any term or provision in this Agreement, or the application thereof to any person or circumstance, shall to any extent be held to be invalid or unenforceable by a court of competent jurisdiction, such invalidity or unenforceability shall not affect any other provision of this Agreement or the application thereof, which can be given effect without the invalid or unenforceable provision or application, and the parties agree that the provisions of this Agreement are and shall be severable; provided however, that for the avoidance of doubt, payment of the In Lieu of Payments, the provisions of Section 1 (a) of this Agreement, and the confidentiality provisions of this Agreement are essential parts of this Agreement . Section 23 . Remedies Cumulative Except as otherwise expressly provided herein, all rights, privileges, and remedies afforded the parties by this Agreement shall be deemed cumulative and not exclusive, and the exercise of any or more of such remedies shall not be deemed to be a waiver of any other right, remedy, or privilege provided for herein or available at law or in equity. Section 24 . Governing Law Entergy Texas,Inc. -Legend Power Station Project 33 Industrial District Agreement 2025-2034 This Agreement shall be governed by and construed in accordance with the laws of the State of Texas . This Agreement is to be performed in Jefferson County, Texas . Section 25 . Counterparts This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which taken together, shall constitute but one and the same instrument . Section 26 . Authority By acceptance of this Agreement and/or benefits conferred hereunder, the Property Owner represents and warrants that its undersigned agent has complete and unrestricted authority to enter into this Agreement and to obligate and bind the Property Owner to all of the terms, covenants and conditions contained herein. Section 27 . Notice Any notice provided in connection with this Agreement shall be given in writing to the parties hereto by certified mail, return receipt requested, addressed as follows : TO CITY: TO PROPERTY OWNER: City Manager Entergy Services, LLC City of Port Arthur Attn: Tax Department 444 4th Street 639 Loyola Avenue Port Arthur, TX 77640 L-ENT-l5N New Orleans, LA 70113 WITH A COPY TO: WITH A COPY TO: City Attorney Entergy Services, LLC City of Port Arthur Attn: Legal Department 444 4th Street 639 Loyola Avenue Port Arthur, TX 77640 L-ENT-22A (409) 983-8125 New Orleans, LA 70113 Entergy Texas,Inc. - Legend Power Station Project 34 Industrial District Agreement 2025-2034 (409) 983-8124 Section 28 . Cancellation If the Property Owner permanently ceases operation of the Facility during the term of this Agreement, then the Property Owner shall have the right, at is sole option, to cancel this Agreement with ninety ( 90) days written notice in which case the Property Owner shall be relieved of all its obligations under this Agreement, except as to payment of the In Lieu of Payment for the year of such cancellation. Section 29 . Term This Agreement is effective as of the 1st day of January, 2025, and shall expire on the 31st day of December, 2034 . Section 30 . Future Use Notwithstanding any other terms contained in this Agreement, if the City annexes any portion of the Affected Area at any time, the City agrees and acknowledges that, regardless of any such annexation, Property Owner shall have the right to continue to use the Affected Area for the purpose of a combined cycle power station, and the City shall have no right or ability to retroactively impose any zoning rules, building codes or other City codes, laws or regulations with respect to the Affected Area. Section 31 . Release Within ten (10) days after the date that this Agreement is fully executed, and upon compliance with any applicable terms of Entergy Texas,Inc. -Legend Power Station Project 35 Industrial District Agreement 2025-2034 the below described Industrial District Agreements, the City will execute and the Property Owner will record a partial release (with respect to the Affected Area only) of that certain Industrial District Agreement between the City of Port Arthur, GT Logistics, LLC and Golden Triangle Properties, LLC recorded at Instrument No. 2018043468 on December 17, 2018 in the Official Public Records of Jefferson County, Texas and that certain Industrial District Agreement between the City of Port Arthur and GT Logistics, LLC recorded at Instrument No. 2021013796 on April 26, 2021 in the Official Public Records of Jefferson County, Texas . [SIGNATURE PAGES FOLLOW] Entergy Texas,Inc. -Legend Power Station Project 36 Industrial District Agreement 2025-2034 SIGNED AND AGREED to on the day of 2025 . Entergy Texas, Inc. BY: NAME: TITLE: ACKNOWLEDGMENT STATE OF LOUISIANA § PARISH OF ORLEANS § BEFORE ME, the undersigned Notary Public, on this day personally appeared , known to me to be the person whose name is ascribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of Entergy Texas, Inc. for the purposes and considerations therein expressed, and the capacities therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, THIS THE day of , A. D. , 2025 . NOTARY PUBLIC, STATE OF LOUISIANA Entergy Texas,Inc. -Legend Power Station Project 37 Industrial District Agreement 2025-2034 SIGNED AND AGREED to on the day of , 2025 . CITY OF PORT ARTHUR, TEXAS BY: Ronald Burton, CPM City Manager ACKNOWLEDGMENT STATE OF TEXAS § § COUNTY OF JEFFERSON § BEFORE ME, the undersigned Notary Public, on this day personally appeared Ronald Burton, CPM, City Manager of the City of Port Arthur, known to me to be the person whose name is ascribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of the City of Port Arthur, for the purposes and considerations therein expressed, and the capacities therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, THIS THE day of , A. D. , 2025 . NOTARY PUBLIC, STATE OF TEXAS Approved as to form and substance: Roxann Pais Cotroneo, City Attorney Entergy Texas,Inc. -Legend Power Station Project 38 Industrial District Agreement 2025-2034 Exhibit "A" Project Description Proposed Entergy Texas,Inc.(ETI)Legend Power Station Project FACT SHEET Overview of Protect: The Legend Power Station (Legend) is an ETI self-build, natural gas-fired Combined Cycle Combustion Turbine(CCCT)with one combustion turbine and generator(CTG),one heat recovery steam generator (HRSG), and one steam turbine and generator (STG) in a one by one (1x1) multi-shaft configuration. Legend is anticipated to produce net 754-megawatts at the International Organization for Standardization (ISO)3977 ambient conditions of 59°F and 60%relative humidity.Legend will be designed and constructed in a way that supports customers'sustainability goals and ETI's own decarbonization commitment via two paths. First by enabling the Power Island Equipment(PIE)with H2 co-blending capability of up to 30%by volume and by designing the unit to utilize Carbon Capture and Sequestration(CCS)as soon as practically possible. Timing on implementation of H2 burning utilization will be made on a resource-by-resource basis and influenced by customer sustainability demand, policy, market,and locational considerations. Second, the Project has a clear strategy for the development and execution of carbon capture and sequestration(CCS),which we expect our customers will require. ETI possesses the market opportunity, geographical advantages,and indicative customer support to be a market leader in the utilization of CCS for decarbonization. Successfully launching and utilizing CCS requires the coordinated deployment of a customer, stakeholder, operations/execution, and regulatory strategy (information on each strategy detailed below). Owner and Operator of the plant ETI will be the owner and operator of the facility. The plant will be constructed on approximately 20 acres of property,with an additional 20 acres reserved for a future potential CCS project. ETI is in the process of purchasing property located in the area shown on Exhibit A. Amount of investment: The anticipated cost of the engineering,procurement and construction related to this project is estimated to be approximately$1.5 billion. Number of new permanent jobs: ETI estimates that the project will result in at least 17 permanent jobs and several hundred construction jobs during the construction phase. Entergy Texas,Inc. -Legend Power Station Project 39 Industrial District Agreement 2025-2034 Exhibit "B" Legal Description and Map Depiction of the Affected Area LEGAL DESCRIPTION Being a 99.958 acre tract, more or less, out of a called 1,116.39 acre tract as recorded in File No. 2010015746 of the Official Public Records of Jefferson County,Texas(O.P.R.J.C.T.),same being part of Blocks 6&7,Ranges"R"&"S"and Blocks 8&9,Ranges"Q","R","S",&"T"of the Port Arthur Land Company Subdivision as recorded in Volume 1.Page 22 of the Map Records of Jefferson County,Texas (M.R.J.C.T.). Said 99.958 acre tract being more particularly described by metes and bounds as follows: BEGINNING at a 5/8 inch iron rod with yellow cap stamped"TBS"set for the northerlymost corner of the herein described 99.958 acre tract for the POINT OF BEGINNING"A",from which a 5/8 inch iron rod with"SOUTEX"cap found at a northerly corner of the aforementioned 1,116.39 acre tract bears N 35° 10'21"E,a distance of 4,226.65 feet; THENCE S 53° 21' 33" E, a distance of 1,519.58 feet to a 5/8 inch iron rod with yellow cap stamped "TBS" set on the northwesterly line of a called 160.8 acre tract, as recorded in File No. 2023034768, O.P.R.J.C.T., for the easterlymost corner of the herein described 99.958 acre tract, from which a '/: inch iron rod with"SOUTEX"cap found at the northeast corner of said 160.8 acre tract bears N 74°02'45"E, a distance of 2,041.31 feet; THENCE S 36°38' 17"W,with the northwesterly line of said 160.8 acre tract,a distance of 3,509.79 feet to a 5/8 inch iron rod with yellow cap stamped "TBS" set forth the southerlymost corner of the herein described 99.958 acre tract, from which a 'h inch iron rod with"SOUTEX" cap found at the southwest corner of said 160.8 acre tract bears S 36°38' 17"E,a distance of 60.94 feet; THENCE parallel to and 45 feet from the easterly line of a called 129.750 acre Jefferson County Drainage District No.7 casement tract as recorded in Volume 1525,Page 50 of the Deed Records of Jefferson County, Texas(D.R.J.C.T.),the following courses and distances: N 10°57'29"W,a distance of 694.39 feet; N 29°36'42"W,a distance of 824.74 feet; THENCE N 16°20' 39"E,a distance of 491.54 feet; THENCE continuing parallel to and 45 feet from said easterly line of said 129.750 acre Jefferson County Drainage District No.7 easement tract,the following courses and distances: N 43°57' 57"E,a distance of 551.85 feet; N 23°06' 25"E,a distance of 543.81 feet; N 03°24' 00"W,a distance of 62.66 feet to a 5/8 inch iron rod with yellow cap stamped"TBS" set for a northwesterly corner of the herein described 99.958 acre tract, from which a railroad spike found in the centerline of the Jefferson County Drainage District No. 7 levee,same being in the centerline of the 57th Street and also being at a northwesterly corner of said 1,116.39 acre tract bears N 31°22' 36"W,a distance of 1,850.48 feet; THENCE N 37° 26' 19" E, a distance of 1,124.47 feet to the POINT OF BEGINNING "A", and containing 99.958 acres of land,more or less. Entergy Texas,Inc. -Legend Power Station Project 40 Industrial District Agreement 2025-2034 All as more fully set forth in that certain Special Warranty Deed from Golden Triangle Properties, LLC to Entergy Texas, Inc. dated August 22 , 2024 and recorded at Inst. No . 22391 in the records of Jefferson County, Texas Entergy Texas,Inc. - Legend Power Station Project 41 Industrial District Agreement 2025-2034 The Property The Property is a portion of that certain 742.212 acres of land identified as Property ID 255833 in the records of the Jefferson Central Appraisal District, located in Jefferson County,Texas,said portion being approximately 100 Acres in the central west side of the property located east of Taylor Bayou,west of Tiger Bayou,and south of Highway 73/82 as shown below in red and outlined in black. { 1 rf \\ = IF 116 \ \ 46011•67--- 1 Exhibit "C" List of Present Owners and Lessees of Property Located in the Affected Area and Pertaining to the Facility, Except for Excluded Persons Entergy Texas, Inc. Entergy Texas,Inc. -Legend Power Station Project 42 Industrial District Agreement 2025-2034 Exhibit "D" Industrial District Agreement Report Property Owner's Name Date of this Report Report Period(semi-annual period covered by this Report) From /_/20_To / /20_ F ekr I. Employment and Hiring,.,'.„z, Property Nested Owner Contractors (A) Total number of employees employed on the last day of the Report Period who were Port Arthur residents on the last day of the Report Period (B) Total number of all employees employed on the last day of the Report Period (C) Total number of new hires employed during the Report Period who were Port Arthur residents on their first day of employment (D) Total number of all new hires employed during the Report Period (E) Total number of applicants completing the interview process during the Report Period (A) Total number of Designated LBE's that: • were on the approved vendor list of the Property Owner at any time during the Report Period, and/or • were invited by the Property Owner during the Report Period to bid on contracts for goods and/or services (B) Total number and dollar amount of contracts awarded by the Property Owner during the Report Period for goods and/or services that the Property Owner determines could have potentially been obtained from Designated LBE's: Total Number of Contracts: Total Dollar Amount of Contracts: $ (C) Total number and dollar amount of contracts described immediately(above in II (B)that were awarded to Designated LBE's during the Reporting Period: Total Number of Contracts: Total Dollar Amount of Contracts: $ This Report contains confidential or privileged information. Unauthorized use of this communication is strictly prohibited. This Report is to be submitted to the Office of the City Manager and copied to the City Attorney during the months of January and July for the immediately preceding 6 months. The due date(January 31"or July 315L)for submitting a Report may be extended for thirty(30)days upon the written request of the Property Owner. Entergy Texas,Inc. -Legend Power Station Project 43 Industrial District Agreement 2025-2034 Exhibit "E" NESTED CONTRACTORS : 1 . TIC - The Industrial Company 2 . Sargent & Lundy, L.L. C. 3 . Mitsubishi Power Americas Inc. 4 . Siemens Energy, Inc. 5 . Black & Veatch Corporation Entergy Texas,Inc. -Legend Power Station Project 44 Industrial District Agreement 2025-2034