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MEMORANDUM
To: Mayor, City Council, City Manager ~-
From: Mark T. Sokolow, City Attorney ~
Date: December 10, 2004
Subject: P. R. No. 12955; EDC/City Joint Meeting December 14, 2004
Attached is P. R. No. 12-955 as it pertains to approving a
plan as to processing an Economic Incentive Agreement between the
EDC and Pat Tank. The plan will be discussed at the meeting.
MTS/bp
Attachment
z.pr12955 .memo
P. R. NO. 12955
12/09/0& b~
RESOLUTION NO.
A RESOLUTION AS IT PERTAINS TO APPROVING AN
ECONOMIC INCE~TIVE AGREEMENT BETWEEN THE
CITY OF PORT ARTHUR SECTION 4A ECONOMIC
DEVELOPMENT CORPORATION AND PAT TANK
WHEREAS, the City of Port Arthur Section 4A Economic
Development Corporation is considering a $300,000 incentive to
Pat Tank.
NOW THEREFOI~E, 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 Council herein approves the
following incentive process be made as to Pat Tank:
Section 3. That a copy of this caption 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 '
Council Members '
NOES:
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MAYOR
ATTEST:
CITY SECRETARY
APPROVED AS TO FORM:
CITY ATTOP=NEY
APPROVED FOR ADMINISTRATION:
CITY MANAGER
APPROVED BY THE CITY OF PORT ARTHUR SECTION 4A
ECONOMIC DEVELOPMENT CORPORATION:
~--~JC EXECUT IV~I~RECTOR
z.pr12955