HomeMy WebLinkAboutPR 18085: IDA AGMT W/ OXBOW CALCINING, LLC P. R. No. 18085
12/03/13 gt
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
EXECUTE AN INDUSTRIAL DISTRICT AGREEMENT WITH
OXBOW CALCINING, LLC
WHEREAS, pursuant to Resolution No. 10 -527, the City of Port
Arthur entered into an Industrial District Agreement with Oxbow
Calcining, LLC, for a three year period; and
WHEREAS, said agreement will expire on December 31, 2013; and
WHEREAS, Oxbow Calcining, L.L.C. subleases a portion of its
for Port Arthur Steam Energy, LP's in lieu of tax facility to Port
Arthur Steam Energy, LP., and will be responsible payment to City
pursuant to this agreement; and
WHEREAS, the City Council of the City of Port Arthur deems it
in the best interests of the citizens of Port Arthur to enter into
a new Industrial District Agreement with Oxbow Calcining, LLC, for
three (3) years (2014- 2016), pursuant to Sections 42.044 and
212.172 of the Texas Local Government Code, and Article 1, Sections
5 and 6, of the City's Charter.
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.
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Section 2. That the City Council hereby authorizes the
City Manager to execute a new Industrial District Agreement with
Oxbow Calcining, LLC, in substantially the same form as attached
hereto as Exhibit "A ".
Section 3. That Oxbow Calcining, LLC shall sign and return
the Agreement by December 23, 2013, or this Resolution is null and
void and the property described herein is annexed, effective
December 31, 2013, at 11:59 p.m.
READ, ADOPTED AND APPROVED on this day of December, A.D.,
2013, at a Meeting of the City Council of the City of Port Arthur,
by the following vote: AYES:
Mayor
Councilmembers
NOES:
MAYOR
ATTEST:
CITY SECRETARY
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APPROVED A TO FORM:
l4 /4 r _
CIT ATTOV I �
APPROVED FOR INISTRATION:
CITY MANAGER
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EXHIBIT "A"
WILL BE PRESENTED AT OR BEFORE THE CITY
COUNCIL MEETING
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