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<br />askins <br />& askins P.c. <br /> <br />Knox W. Askins <br />Clark T. Askins <br /> <br />REceiVED <br /> <br />NOV 232009 <br />CITY MANAGER'S <br />OFFICE <br /> <br />ATIORNEYS and COUNSELORS <br /> <br />November 20, 2009 <br /> <br /> <br />Appraisal District <br />NAME/ADDRESS CHANGE <br />920975 <br />TX 77292-0975 <br /> <br />Re: HCAD ACCOUNT NO. 0231850000007 <br /> <br />Dear Sir/Madam: <br /> <br />The La Porte Economic Development Corporation, a Texas non profit <br />corporation, has acquired the property described in the attached <br />deed dated October 27, 2009, in connection with approved projects <br />for development of the subject property, and the surrounding area. <br /> <br />Please render this property in the name of the La Porte Economic <br />Development Corporation, and place on the tax rolls as EXEMPT from <br />taxation. <br /> <br />The La Porte Development Corporation is a section 4B corporation, <br />and approved projects are exempt from local property taxation under <br />Section 11.11 of the Texas Tax Code, and section 505.161 of the <br />Texas Local Government Code. <br /> <br />Thank you for your cooperation in this matter. <br /> <br />Yours very truly, <br /> <br />~7:~ <br /> <br />Clark T. Askins <br />Assistant City Attorney <br />City of La Porte <br /> <br />CTA: sw <br />Enclosure <br />cc: Ms. Kathy Powell <br />Tax Assessor Collector <br />City of La Porte <br /> <br />Ms. Stacey Osborne <br />Economic Development <br />City of La Porte <br /> <br />~. Ron Bottoms <br />City Manager <br />City of La Porte <br /> <br />702 W. Fairmont Parkway, P.O. Box 1218, La Porte, TX 77572-1218 <br />281.471.1887 phone . 281.471.2047 fax. knoxaskins@comcast.net . ctaskins@swbell.net <br />