HomeMy WebLinkAbout(5) PR13927:EDC INCENTIVE AGMTSP. R. No. 13927
RESOLUTION NO.
A RESOLUTION AS TO A MORATORIUMAS IT PERTAINS
TO THE CITY COUNCIL APPROVING THE CITY OF PORT
ARTHUR SECTION 4A ECONOMIC DEVELOPMENT
CORPORATION INCENTIVE AGREEMENTS UNTIL THE
ISSUES AS TO THE PROCESSING OF INCENTIVE
AGREEMENTS IS AGAIN REVIEWED (REQUESTED BY
COUNCILMEMBERS BEARD, LEWIS AND SINEGAL)
WHEREAS, the City Council is concerned as to the processing of
the City of Port Arthur Section 4A Economic Development Corporation
incentive agreements.
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 City Council is herein requesting
that the EDC Board of Directors not approve any additional
incentive agreements until there is a complete review of their
process thereon.
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., 2007, at a Meeting of the City Council of
the City of Port Arthur, Texas, by the following vote: AYES:
Mayor '
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Councilmembers
;
NOES:
ATTEST:
MAYOR
CITY SECRETARY
APPROVED AS TO FO~M:
CITY AT~0R~ L ~J S~/'~'~
APPROVED FOR ADMINISTRATION
CITY MANAGER
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