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HomeMy WebLinkAboutPR 15627: EDC/PORT ARTHUR BUSINESS PARKInteroffice MEMORANDUM To: Mayor, City Council, City Manager From: Floyd Batiste, CEO Date: November 12, 2009 Subject: P. R. No. 15627; Council Meeting of November 17, 2009 Attached is P. R. No. 15627 approving a Waiver of the Conditions of Sale in the Covenants and Restrictions for the Port Arthur Business Pazk as to development of facilities (Buildings) for user occupancy to be completed within 18 months of purchase for the 3.0 acre tract of land referred to as Block 7 ofthe Business Pazk purchased by Lange Brothers, Inc. P.R No. 15627 11/12/2009 RESOLUTION NO. A RESOLUTION APPROVING A WAIVER OF THE CONDITIONS OF SALE IN THE COVENANTS AND RESTRICTIONS FOR THE PORT ARTHUR BUSINESS PARK AS TO DEVELOPMENT OF FACILITIES (BUILDINGS) FOR USER OCCUPANCY TO BE COMPLETED WITHIN 18 MONTHS OF PURCHASE FOR THE 3.0 ACRE TRACT OF LAND REFERRED TO AS BLOCK 7 OF THE BUSINESS PARK PURCHASED BY LANGE BROTHERS, INC. WHEREAS, the City of Port Arthur Section 4A Economic Development Corporation (the "PAEDC") has sold approximately 3.0 acres of land in the PAEDC Business Park (the "Business Park") to Lange Brothers, Inc. which property is out of Block 7 of the Business Pazk (the "Property"); and WHEREAS, Lange Brothers, Inc. has previously advised the PAEDC of its intent to construct a building on the Property, but deferred construction until the roadway adjacent to the Property was completed by the PAEDC; and WHEREAS, the roadway adjacent to the Property has been completed; and WHEREAS, Lange Brothers, Inc. by letter dated July 6, 2009, requested 18 months to complete construction; and WHEREAS, the PAEDC Board of Directors at their regular meeting on the 13"' day of July, 2009 approved the requested waiver of the Conditions of Sale in the Covenants and Restrictions as to the Business Park to provide Lange Brothers, Inc. until January 1, 2011 to complete the building on the Property, and the PAEDC deems it in the best interest of the Business Pazk to provide the waiver as requested. 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 and City of Port Arthur in concun•ence with the action of the Board of Directors of the PAEDC, approves the waiver of the Conditions of Sale in the Covenants and Restrictions for the Port Arthur Business Park as to development of the facilities (buildings) for user occupancy to be completed within 18 months of purchase and grants to Lange Brothers, Inc. an extension so that construction of its buildings shall be complete on or before January 1, 2011. Section 3. 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., 2009, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: DELORIS "BOBBIE" PRINCE, MAYOR ear z an~s~s ATTEST: TERRI HANKS, CITY SECRETARY APPROVED: FLOYD BATISTE, PAEDC CEO TO FORM: ti~~ ' `~ ~c./C.e ~~ lJai' GUY N. GOODSON, PAEDC ATTORNEY APPROVED AS TO FORM: VA ECIA R. TIZE ,ACTIN ITY ATTORNEY ear 3 an~s~s