HomeMy WebLinkAboutPR 18099: IDA WITH BASF CORPORATION P. R. No. 18099
12/12/13 gt
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
EXECUTE AN INDUSTRIAL DISTRICT AGREEMENT WITH
BASF CORPORATION
WHEREAS, pursuant to Resolution No. 08 -468, the City of Port
Arthur entered into an Industrial District Agreement with BASF
Corporation, for a five year period; and
WHEREAS, said agreement will expire on December 31, 2013; 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 BASF Corporation, 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.
Section 2. That the City Council hereby authorizes the
City Manager to execute a new Industrial District Agreement with
BASF Corporation, in substantially the same form as attached hereto
as Exhibit "A ".
Section 3. That BASF Corporation shall sign and return the
Agreement by December 23, 2013, or this Resolution is null and void
s.pr18099 BASF (Old Sandoz)
and the property described herein is annexed, effective December
31, 2013, at 11:59 p.m., as further delineated in P. 0. No. 6360.
Section 4. 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., 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
APPROVED AS TO FORM:
(4i
C Y AT
APPROVED FOR ADMINISTRATION:
CITY MANAGER
s.pr18099 BASF (Old Sandoz)
Exhibit "A"
Will be presented at or before
the Council Meeting
s.pr18099 BASF (Old Sandoz)