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HomeMy WebLinkAboutPR 18986: IDA WITH BASF TOTAL PETROCHEMICALS, TOTAL PETROCHEMICALS & REFINING USA AND BASF CORPORATION P. R. No. 18986 05/04/2015 gt RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN INDUSTRIAL DISTRICT AGREEMENT WITH BASF TOTAL PETROCHEMICALS LLC, TOTAL PETROCHEMICALS & REFINING USA, INC. , AND BASF CORPORATION ("BTP") EXCLUSIVELY FOR THE EXPANSION OF ITS EXISTING FACILITY FOR THE CONSTRUCTION OF A NEW PROJECT. WHEREAS, pursuant to Resolution No. 13-619, the City of Port Arthur entered into an Industrial District Agreement with BASF TOTAL Petrochemicals LLC, Total Petrochemicals & Refining USA, Inc . , and BASF Corporation (hereinafter referred to as "BTP" ) , for a three year period; and WHEREAS, said agreement will expire on December 31, 2016; and WHEREAS, BTP has informed the City that it wishes to expand its facility for the construction of a new project and would like to enter into a separate Industrial District Agreement solely for that purpose; and WHEREAS, based upon the size of the new project, the City has deemed it appropriate to enter into a six year agreement with BTP; and WHEREAS, 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, the City Council of the City of Port Arthur deems s.pr18986_BTP expansion it in the best interests of the citizens of Port Arthur to enter into an Industrial District Agreement with BTP, exclusively for the expansion of its existing facility. 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 an Industrial District Agreement with BASF TOTAL Petrochemicals LLC, Total Petrochemicals & Refining USA, Inc . , and BASF Corporation (BTP) , exclusively for the expansion of its existing facility for the construction of a new project, in substantially the same form as attached hereto as Exhibit "A" . 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. , 2015, at a Meeting of the City Council of the City of Port Arthur, by the following vote : AYES : Mayor: , Councilmembers : , NOES : . s.pr18986 BTP expansion Deloris "Bobbie" Prince Mayor ATTEST: Sherri Bellard City Secretary APPROVED AS TO FORM: Valecia R. Ti eno City Attorney APPROVED FOR ADMINISTRATION: Brian McDougal City Manager s.pr18986_BTP expansion Exhibit "A" will be presented at or before the Council Meeting s.pr18986_BTP expansion