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ORDINANCE NO. 2020-IDA-124 <br />9 <br />AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE, TEXAS OF <br />AN INDUSTRIAL DISTRICT AGREEMENT WITH AIR PRODUCTS AND CHEMICALS, INC., A <br />DELAWARE CORPORATION, FOR THE TERM COMMENCING JANUARY 1, 2020, AND <br />ENDING DECEMBER 31, 2031; MAKING VARIOUS FINDINGS AND PROVISIONS RELATING <br />TO THE SUBJECT; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND <br />PROVIDING AN EFFECTIVE DATE HEREOF. <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS: <br />Section 1. Air Products and Chemicals, Inc., a Delaware corporation has executed an <br />industrial district agreement with the City of La Porte, Texas, for the term commencing January <br />1, 2020, and ending December 31, 2031, a copy of which is attached hereto, incorporated by <br />reference, herein, and made a part hereof for all purposes. <br />Section 2. The Mayor, the City Manager, the City Secretary, and the City Attorney of <br />the City of La Porte, Texas, be and they are hereby, authorized and empowered to execute and <br />deliver on behalf of the City of La Porte, Texas, the industrial district agreement with the <br />corporation named in Section 1 hereof. <br />Section 3. The City Council officially finds, determines, recites, and declares that a <br />sufficient written notice of the date, hour, place and subject of this meeting of the City Council was <br />posted at a place convenient to the public'at the City Hall of the city for the time required by law <br />preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government <br />Code; and that this meeting has been open to the public as required by law at all times during <br />which this ordinance and the subject matter thereof has been discussed, considered and formally <br />acted upon. The City Council further ratifies, approves and confirms such written notice and the <br />contents and posting thereof. <br />Section 4. This Ordinance shall be effective from and after its passage and approval, <br />and it is so ordered. <br />