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<br />e <br /> <br />e <br /> <br />Exhibit B <br /> <br />[City of La Porte Letterhead] <br /> <br />, 1999 <br /> <br />. NOTICE OF PUBLIC HEARING <br />ON THE CREATION OF REINVESTMENT ZONE <br />NUMBER ONE, CITY OF LA PORTE, TEXAS <br /> <br />Dear: <br /> <br />Pursuant to Ordinance Number , adopted on , the City Council of the <br />City of La Porte, Texas (the "City"), has called a public hearing on the question of the creation of <br />Reinvestment Zone Number One, City of La Porte, Texas ("Reinvestment Zone Number One"). <br />Notice is hereby given that the City Council of the City of La Porte, Texas will hold a public hearing <br />on the creation of Reinvestment Zone Number One, City of La Porte, Texas ("Zone One"). The <br />hearing will begin at six o'clock (6:00) p.m. on . in the City Hall at 604 <br />West Fairmont Parkway, La Porte, Texas 77571. Representatives of are invited to <br />attend the public hearing and comment on the creation of Reinvestment Zone Number One. <br /> <br />The proposed boundaries of Reinvestment Zone Number One are described in Attachment 1. A <br />description of the tentative plans for development of Reinvestment Zone Number One and an estimate <br />of the general impact of Reinvestment Zone Number One on property values and tax revenues are set <br />forth in Attachment 2. <br /> <br />Pursuant to Section 311.003 (g) of the Chapter 311, Texas Tax code, City of La Porte has _ days <br />from the receipt of this notice to appoint a representative to meet with the City in order to discuss Zone <br />One's preliminary project plan and reinvestment zone financing plan. <br /> <br />If the City Council decides to proceed with the creation of Zone One, it welcomes your participation in <br />Reinvestment Zone Number One. We will provide any additional information you may require. <br />Please call me should you have any questions. <br /> <br />Sincerely, <br />