HomeMy WebLinkAboutPR 19114: TAX ABATEMENT AGREEMENT WITH RYZE RENEWABLES PORT ARTHUR, LLC P. R. No. 19114
08/14/15 gt
RESOLUTION NO.
A RESOLUTION AS IT PERTAINS TO AUTHORIZING THE
CITY MANAGER OF THE CITY OF PORT ARTHUR TO
EXECUTE A TAX ABATEMENT AGREEMENT WITH RYZE
RENEWABLES PORT ARTHUR, LLC
WHEREAS, the City Council of the City of Port Arthur deems it
in the best interest of the citizens of Port Arthur to enter into a
tax abatement agreement with Ryze Renewables Port Arthur, LLC.
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 hereby authorizes the
City Manager to execute on behalf of the City of Port Arthur a tax
abatement agreement with Ryze Renewables Port Arthur, LLC, 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, Texas, by the following vote : AYES :
s.19114
Mayor:
Councilmembers :
NOES:
MAYOR
ATTEST:
SHERRI BELLARD
CITY SECRETARY
APPROVED AS TO FORM:
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VALECIA R. IZENO
CITY ATTOR Y
APPROVED FOR ADMINISTRATION:
BRIAN MCDOUGAL
CITY MANAGER
5.19114
EXHIBIT "A"
HAS BEEN PRESENTED TO CITY COUNCIL
UNDER SEPARATE COVER
s.19114