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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Agenda Date Requested: March 14, 2011.0 <br />Requested By: Kathy Powell �� N <br />Department: Finance <br />Report: _Resolution: _Ordinance: X <br />Exhibits: Ordinance <br />Exhibits: Industrial District Agreement <br />Exhibits: <br />Appropriation <br />Source of Funds: <br />Account Number: <br />Amount Budgeted: <br />Amount Requested: <br />Budgeted Item: (YES) NO <br />SUMMARY & RECOMMENDATION <br />The City and Industry have agreed to renew the provisions of the Industrial District Agreement for a twelve year <br />period. The current agreements will expire on December 31, 2019, the common date for the Battleground and <br />Bayport Industrial Districts. <br />Battleground Oil Specialty Terminal Company, LLC has requested to execute an Industrial District agreement with <br />the City of La Porte for a portion of the land which is being split out of NRG Texas Power LLC — S.R. Berton which <br />is covered under Ordinance 20074DA-52. <br />Staff recommends City Council authorize the execution of Industrial District Agreement with Battleground Oil <br />Specialty Terminal Company, LLC. <br />• Ordinance No. 2007 -IDA -123 <br />Action Required by Council: <br />Battleground Oil Specialty Terminal Company, LLC <br />Consider approval of the ordinance 2007 -IDA -123 authorizing the execution by the City of La Porte of Industrial <br />District Agreement listed above. <br />Ron Bottoms, City Manager Date <br />