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HomeMy WebLinkAboutPR 19288: TAX ABATEMENT AGREEMENT WITH SEAHAWK LANDING, LLC P. R. No . 19288 01/22/15 vt 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 SEAHAWK LANDING, 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 Seahawk Landing, LLC for the development of a dormitory on the campus of Lamar State College- Port Arthur. 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 Seahawk Landing, 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. , 2016, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: s.19288 Mayor: Councilmembers : , NOES: MAYOR ATTEST: SHERRI BELLARD CITY SECRETARY AP'RO '1D AS TO +RM: i ,gaff i 'ALEOFA ' WENO CITY ATT(1': APPROVE' FOR ADMINISTRATION: BRIAN MCDOUGAL CITY MANAGER s.19288 EXHIBIT "A" HAS BEEN PRESENTED TO CITY COUNCIL UNDER SEPARATE COVER s.19288