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HomeMy WebLinkAboutPR 16739: RESCINDING RES 10-505 FOR A GRANT TO KILGORE CONSTRUCTION, LLC FOR EXTERIOR RENOVATION TO PROPERTY AT 1347 PROCTER STREET UNDER OPERATION DOWNTOWN SITE IMPROVEMENT GRANT PROGRAM Interoffice MEMORANDUM To: Mayor, City Council, City Manager From: Floyd Batiste, CEO —7.--/1 Date: October 11, 2011 Subject: P. R. No16739; Council Meeting on October 18, 2011 Attached is P. R. No. 16739 rescinding Resolution No. 10 -505 as it pertains to the grant to Kilgore Construction, L.L.C. for exterior renovation to the property located at 1347 Procter Street under the Operation Downtown site Improvement Grant Program P. R. No. 16739 10/10/2011 BV RESOLUTION NO. A RESOLUTION RESCINDING RESOLUTION NO. 10 -505 FOR A GRANT TO KILGORE CONSTRUCTION, L.L.C. FOR EXTERIOR RENOVATION TO THE PROPERTY LOCATED AT 1347 PROCTER STREET UNDER THE OPERATION DOWNTOWN SITE IMPROVEMENT GRANT PROGRAM WHEREAS, on May 9, 2009, a ballot proposition was presented to and approved by the qualified voters in the City for the PAEDC to utilize Section 4A sales and use tax funds for "the cost of demolition of dilapidated structures and infrastructure limited to streets and roads, rail spurs, water and sewer utilities, electric and gas utilities, drainage, site improvements and related improvements necessary to promote or develop new or expanded business enterprises with a project area from 7 Street to the Intracoastal Canal and from Martin Luther King, Jr. drive to Lake Charles Avenue within the City "; said authority limited to the PAEDC's expenditure of not more than $750,000 per year for said projects (the "Ballot Proposition "); and WHEREAS, at its November 1, 2010 meeting, the City of Port Arthur Section 4A Economic Development Corporation (the "PAEDC ") approved funding the application of Kilgore Construction, L.L.C. in the amount $34,400 for the purpose of exterior renovations to property at 1347 Procter Street under Operation Downtown (the "Application "); and WHEREAS, the City Council for the City of Port Arthur, Texas (the "City ") approved a grant to Kilgore Construction, L.L.C., per Resolution No. 10 -505 on November 16, 2010; and WHEREAS, funds were available during fiscal year 2010 -2011 from the funds allocated in the Ballot Proposition for improvements as outlined in the Application; and s.pr16739 WHEREAS, Kilgore has informed the PAEDC they are unable to complete the downtown facility at this time due to the unexpected prolonged timeframe for completion of prior obligated projects by their company; and WHEREAS, at a special called meeting on October 10, 2011, the Board of Directors of the PAEDC voted to rescind Resolution 10 -505 as to terminate the grant with Kilgore Construction, L.L.C. 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 PAEDC is hereby authorized to rescind Resolution No. 10 -505 terminating the grant with Kilgore Construction, L.L.0 in the amount of $34,400 of Ballot Proposition for fiscal year 2010 -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., 2011, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor Councilmembers NOES: • Deloris "Bobbie" Prince, Mayor #874431 Page 2 ATTEST: Sherri Bellard, Acting City Secretary APPROVED: Floyd Batiste, PAEDC CEO APPROVED • TO F • ' : Guy N. Goodson, PAEDC Attor i APPROVED AS TO FORM: Valecia R. Tizeno, City Attorney #874431 Page 3 APPROVED AS TO FORM: �/(� City Att. ney