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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Appropriation <br /> <br />N/A <br /> <br />Agenda Date Requested: October 7. 2002 <br /> <br />Source of Funds: <br /> <br />Requested By: John Joerns <br /> <br />Account Number: <br /> <br />Department: <br /> <br />Administration <br /> <br />Amount Budgeted: <br /> <br />Report: _Resolution: _Ordinance: -L <br /> <br />Amount Requested: <br /> <br />Exhibits: <br /> <br />Budgeted Item: _YES _NO <br /> <br />. 1 Ordinance <br />. Standard Industrial District Agreement <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />This is a new Industrial District Agreement between the City and Ex Tex La Porte, LP. The Agreement will expire <br />on December 31, 2007, the common date for all agreements in the Battleground and Bayport Industrial Districts. <br /> <br />Air Products is the owner of the land and has a leased a portion of their land to Ex Tex La Porte, LP which has built <br />an $18 million dollar facility. Ex Tex has contacted the City of La Porte and wishes to enter into an agreement for <br />their property and improvements. <br /> <br />Staff recommends City Council authorize the execution ofIndustrial District Agreement with the following <br />industry: <br /> <br />. Ex Tex La Porte, LP <br /> <br />Action Required bv Council: <br /> <br />Consider approval of Ordinance 2000-IDA- authorizing the execution by the City of La Porte ofIndustrial District <br />Agreements listed above. <br /> <br /> <br />JoJr/oR <br />Date' / ( <br />