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HomeMy WebLinkAboutPR 13258: ECO HOMES OF TX P. R. No. 13258 02/02/06 gt RESOLUTION NO. A RESOLUTION AS IT PERTAINS TO THE DEVELOPMENT OF THE SABINE HOTEL BY ECO HOMES OF TEXAS, LLC WHEREAS, EC0 Homes of Texas, LLC has inquired as to the development of the Sabine Hotel for the usage of apartments, lodging, restaurant, offices, and a hotel; and WHEREAS, the City desires to work with EC0 Homes of Texas, LLC as to review the feasibility thereof. NOW THEREFORE, HE 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 Manager or his designee will obtain estimates as to the cost of abatement of the asbestos, if any, from the Sabine Hotel; Section 3. That the City will provide ECO Homes of Texas, LLC with the studies and blueprints that it has on the hotel; Section 4. That EC0 Homes of Texas, LLC will provide evidence of financial ability to renovate the Sabine Hotel, a preliminary schematic of the proposed design, and time tables therefor; and z.13258 Section 5. That the City Manager or his designee, as well as the City Attorney is authorized to negotiate an agreement to sale the property in a reinvestment zone project plan under Section 272.001 of the Local Government Code, subject to the approval of the City Council. Section 6. 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., 2006, at a Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor ' Councilmembers ' ; NOES: MAYOR ATTEST: CITY SECRETARY APPROVED AS TO FORM: CITY ATTORNEY APPROVED FOR ADMINISTRATION: CITY MANAGER Z.13258