Loading...
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. s.pr18085 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 s.pr18085 APPROVED A TO FORM: l4 /4 r _ CIT ATTOV I � APPROVED FOR INISTRATION: CITY MANAGER s.pr18085 EXHIBIT "A" WILL BE PRESENTED AT OR BEFORE THE CITY COUNCIL MEETING s.pr18085