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;44 <br /> f el City of La Porte City Managers Office <br /> �� - Esta6Iishecd 1892 The City of La Porte embraces our heritage,community values and <br /> opportunities,while enhancing the quality of life for our citizens. <br /> I <br /> I <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: La Porte,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 /> I' <br /> i <br /> Corby exander, S <br /> City Manager <br /> 604 W.Fairmont Parkway ■ La Porte,Texas 77571 • (281)470-5011 ■ www.Iaportetx.gov <br />