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<br />Section 3. The City Council of the City of La Porte hereby amends Chapter 66 of the Code <br /> <br />of Ordinances of the City of La Porte by amending Article V. "Guidelines and Criteria Governing <br /> <br />Tax Abatement Agreements by the City of La Porte", Sections 66-149, "Sunset Provision", <br /> <br />subsection "a", to read as follows, to-wit: <br /> <br />"(a) These Guidelines and Criteria are effective January 22, 2007, and will remain in force until <br />January 19, 2009, at which time all tax abatement contracts created pursuant to these provisions <br />will be reviewed by the City to determine whether the goals have been achieved. Based on <br />that review, the Guidelines and Criteria will be modified, renewed, or eliminated." <br /> <br />Section 4. The City Council officially finds, determines, recites, and declares that a <br /> <br />sufficient written notice of the date, hour, place and subject of this meeting of the City Council was <br /> <br />posted at a place convenient to the public at the City Hall of the City for the time required by law <br /> <br />preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government <br /> <br />Code; and that this meeting has been open to the public as required by law at all times during which <br /> <br />this ordinance and the subject matter thereof has been discussed, considered and formally acted <br /> <br />upon. The City Council further ratifies, approves and confirms such written notice and the contents <br /> <br />and posting thereof. <br /> <br />Section 5. This Ordinance shall be effective from and after its passage and approval. <br /> <br />PASSED AND APPORVED this 22nd day of January, 2007. <br /> <br />- 2 - <br />