O-2021-3825 approving the Second Amendment to the Project Plan and Reinvestment Zone Financing Plan

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WHEREAS, the City Council, pursuant to Texas Tax Code Sections 311.003 and 311.011, after public notice thereof was given in a newspaper of general circulation of the City, conducted a public hearing on April 26, 2021, at which property owners and other interested persons were allowed to speak, and fmds that the amendments herein do not violate the limitations in Section 311.006(a) of the Texas Tax Code and are eligible for adoption under said Code. NOW,THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE,TEXAS THAT: Section 1. Findings. The findings and recitals contained in the preamble of this Ordinance are hereby found and declared to be true and correct and are adopted as part of this Ordinance for all purposes. Section 2. Extension of the Duration of the Zone. That the termination date of Reinvestment Zone Number One, City of La Porte,Texas, is hereby extended to December 31, 2034. Section 3. Approval of the Second Amendment. The Second Amendment, attached hereto as Exhibit "A", is hereby determined to be feasible and is approved. The appropriate officials of the City are authorized to take all steps reasonably necessary to implement the Second Amendment. Section 4. Severability. If any provision, section, subsection, sentence, clause or phrase of this Ordinance, or the application of same to any person or set of circumstances is for any reason be held to be unconstitutional,void or invalid,the validity of the remaining provisions of this Ordinance shall not be affected thereby, it being the intent of the City Council in adopting this Ordinance that no portion hereof or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionally,voidness or invalidity of any other portion hereof, and all provisions of this Ordinance are declared to be severable for that purpose. Section 5.Open Meeting. The City Council officially fmds,determines,recites and declares that a sufficient written notice of the date,hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall for the time required by law preceding this meeting,as required by the Open Meetings Law,TEX. GOV'T CODE, Ch. 551; and that this meeting was open to the public as required by law at all times during which this Ordinance and the subject matter thereof was discussed, considered and acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. Section 6. Effective Date. This Ordinance shall be effective upon its passage and approval. PASSED,APPROVED AND ADOPTED ON THIS 26TH DAY OF APRIL, 2021