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<br />JiJi
<br />MIATIAIMIN
<br />'�3, ybetween4 da
<br />T , HIS AGREEMENT' rnade by aandPirtered into thiisr"
<br />2013 between the La PDe
<br />orte velopment Corporation, a Type B
<br />f� 19- 1 a *ro i,)c'rafion operating under aUth0ty of "'I"exas Local Governnien't
<br />Codo Chapters 501 and 505 (hereinatt'PF "Irr.PDC"), andINFOS USA LIE,
<br />[)61arare lirnitpd lilability cowany (hereinafter 'Reciipienit" ).
<br />WITNESSETH.
<br />WHEREAS, the. voters of the City of' La Porte authorized the lev,yi,ing of
<br />additional sales, tw vvithir'i, the City for promotion of ecorlornc devefopnlent and
<br />the, LP DC us authorized to use such tax revenuos for certa4i qLlalifyillg proi I ects
<br />arid other, ic,,.�conornic developmeri4 reWed P!Lirposes; and
<br />WHERFAS, Recipient wishes to expand nts current busiliness operatiorl at
<br />its jndusldal complex at 1230 1 Fide p aj w1amce Parkway In 1he Ba(tl,ogro,und
<br />IndL.11,1tri al ts[nicf, located adjacent to 1ho', northern corporate krrii,ts, of the City of
<br />Lo Porte, 'I"exas (hereinafter, "Battleground Manufacturing Comphex`), by openirig
<br />and operating 1) an Ell"iy1eI ie oxide rnanLlfactuMg facility at a minimum capital
<br />investrtient cost of S500,000,000-00 and which of three (3) years is anticipated
<br />to ernloloy up to 60 additional personnel (here 1 n after, Ethylene Oxide Project);
<br />�ind 2) a Poyethylerie 111aPufactur, Ing frac oity at a mininiunI capital investment
<br />cost of $250,000,000,00, and which alter three (3) years is anticipated to employ
<br />up to 24 addilional personnel (hrareinafter, PDIyethyen e Project), and
<br />WHEREAS, LDPC and [�ecipent anticipate that the conStIFIUCUOln of the
<br />facilities 'for the Ethylono Oxide project and the Polyethylene Project wifl be
<br />substantially ccnipNele by the end of2017� -and
<br />WHEREAS, Texas Local Gov err)rnent Code section 501,159 aUthorizes a
<br />Type B corporation to and flak' a project i11 anOfll(-,r.jUrisdction in th,le stale if` the
<br />govermng bDdy of the other Jurisdiction, requesis the corporation to exercise its
<br />p0VV01`$ VVithin it JiUrisd_�ction; and whereas Harris County, Texas has requested
<br />and authorized the LPDC to u ride rta ke the pi ojeG'Is described in this Aqreenr nit
<br />at die Bal,tl.c
<br />.jfnund ManufaCtUring Complex; and
<br />WFIEREAS, Recipient has requested that LPIDC provide, financiaN
<br />Incentives to lornote the expansion of its Battleground lel allUfacturing Complex
<br />III earl arnOUni't to over 01' $Libsidize certain infrastructure costs, incluffing streets
<br />and roads, drainage and related irriprovements, assoclated aCqUi$it10r1 COMM, and
<br />other purposes aUfl1DfiZPd by I exas Local Governi-nent Code chapters 5101 and
<br />505, and it is the desire of L..PDG to assist in the fUnding of sarne., f4ichng that
<br />such expenditures will contr'bute to protnoflng econornic grovAh and
<br />development in the City-, and
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