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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Appropriation <br /> <br /> <br />Source of Funds: N/A <br /> <br />Requested By: Wa <br /> <br />Account Number: N/A <br /> <br />Department: PlanninJ! <br /> <br />Report: _Resolution: _Ordinance: -X- <br /> <br />Amount Budgeted: N/A <br /> <br />Amount Requested: N/A <br /> <br />Exhibits: <br />A. Ordinance for Industrial District Agreement <br />B. Industrial District Agreement <br />C. Reserve "F" Location per BNIP n Plat <br />D. Area Map <br /> <br />Budgeted Item: _YES -X-NO <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />North Bayport Industrial Park II, Ltd.. has approached the City to request an Industrial District Agreement for <br />its property platted as Reserve "F" of Bayport North Industrial Park II, a 16.6489 acre tract (see Exhibit "C"). <br /> <br />The company is in the process of constructing Bayport North Industrial Park II which has been reviewed and <br />approved by the City and has been platted per City guidelines. <br /> <br />The term of the Industrial District Agreement will expire on December 31. 2007, plus any renewals and <br />extensions thereof. <br /> <br />Staff recommends approval of the Industrial District Agreement as submitted herein, <br /> <br />Action Required bv Council: <br /> <br />Consider approval of an ordinance authorizing the City to enter into an Industrial District Agreement with <br />North Bayport Industrial Park II, Ltd, for Reserve "F", <br /> <br />Approved for City Council Af!enda <br /> <br /> <br />,5'~-1o 7 <br />Date f I <br />