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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Agenda Date Requested: March 12, 2018 Appropriation <br />Requested By: Shelley Wolny <br />Department: <br />Report:, <br />Other: <br />Finance <br />Source of Funds: <br />Account Number: <br />Resolution Ordinance: 1*1 Amount Budgeted: <br />Amount Requested: <br />Budgeted Item: 14) YES (,,',,',',)NO <br />Attachments : <br />1. Ordinance <br />2.1DA Agreement with North Horizon Ventures <br />LLC <br />SUMMARY & RECOMMENDATIONS <br />The City and Industry agreed to renew the provisions of the Industrial District Agreement for a twelve year <br />period. The current agreements will expire on December 31, 2019, the common date for the Battleground and <br />Bayport Industrial Districts. <br />North Horizon Ventures LLC has requested to execute an Industrial District Agreement with the City of La <br />Porte on a portion of land located in the Bayport Industrial District east of Bay Park Road on Fairmont <br />Parkway. The metes and bounds are attached and have been reviewed by the City Engineer. <br />Staff recommends City Council authorize the execution of an Industrial District Agreement with North Horizon <br />Ventures LLC. <br />Action Required of Council: <br />Consider approval of the ordinance 2007-IDA-147 authorizing the execution by the City of La Porte of Industrial <br />District Agreement with North Horizon Ventures, LLC. <br />Approved for City Council Agenda <br />Corby D. Alexander, City Manager Date <br />