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OF- L A <br />City of La Porte City Manager's Office <br />J Esta6 ,,6,J 1892 The City of La Porte embraces our heritage, community values and <br />opportunities, while enhancing the quality of life for our citizens. <br />October 4, 2019 <br />Mr. Alex Evans <br />Senior Tax Manager <br />Cummings Westlake, LLC <br />12837 Louetta Road, Suite 201 <br />Cypress, Texas 77429 <br />Reason: LaPorte, Texas Industrial District Agreement <br />Dear Mr. Evans, <br />Per our recent conversations, the City of La Porte will extend the new value discount to projects <br />that began in 2014. The goal has been and continues to be that projects receive the full benefit of <br />6 years at the lower, new value rate (ie 20%). The 6 year phase -in will be honored for <br />companies entering into currently proposed industrial district agreements with the City of La <br />Porte. <br />Please feel free to contact me should you have any further questions or concerns. <br />Regards, <br />Corby lexander, S <br />City Manager <br />604 W. Fairmont Porgy way w La Porte, Texas 77571 ■ (281) 470-5011 ■ www,laportetx,gov <br />