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MEMORAND
To: Mayor, City Council, City Manager
From: Mark T. Sokolow, City Attorney ~ ~
Date: December 10, 2004
Subject: P. R. No. 12963; Council Meeting of December 14, 2004
Attached is P. R. No. 12963 a Resolution authorizing the
City Manager to approve a sales tax refund agreement with LaGrone
Services, LTD.
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Attachment
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P. R. NO. 12963
12110104 - bp
RESOLUTION NO.
A RESOLUTION AUTHORIZIN~ THE CITY MANAGER TO
APPROVE A SALES TAX REFunD AGREEMENT WITH
LAGRONE SERVICES, LTD.
WHEREAS, there is presently an 8.5% sales tax composed of the
following:
· To the State of Texas 6.25%
· To the City 1.00%
· To Jefferson County .50%
· To the EDC .50%
WHEREAS, per Chapter 378 Local Government Code, V.T.C.A., the
City has created a neighborhood empowerment zone, which will allow
it to refund sales taxes for this commercial development since it
will increase economic development in the zone; and
WHEREAS, LaGrone Services, LTD., has offered to construct a
retail center in Port Arthur; and
WHEREAS, the City Council deems it in the best interests of
the citizens of Port Arthur to approve a Sales Tax Refund Agreement
with LaGrone Services, LTD.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR~
Section 1. That the facts and opinions in the preamble are
true and correct.
Section 2. That the City Manager is authorized to
execute a Sales Tax Refund Agreement with LaGrone Services, LTD.
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in substantially the same form as delineated in the attached
Exhibit "A".
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., 2004, at a Regular Meeting of the City Council of the City
of Port Arthur, Texas, by the following vote:
AYES: Mayor ;
City Council ;
;
NOES:
OSCAR ORTIZ, MAYOR
ATTEST:
EVANGELINE GREEN, CITY SECRETARY
APPROVED AS TO FOP/4:
MARK T. SOKOLOW, CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
STEVE FITZGIBBONS, CITY MANAGER
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EXHIBIT "A"
(To be provided at the meeting)
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