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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: <br /> <br />April}3. 2009 <br /> <br />Appropriation <br /> <br />Requested By: Ron Bottoms. Citv Mana2er <br /> <br />Source of Funds: <br /> <br />N/A <br /> <br />Department: City Mana2er's Office <br /> <br />Account Number: <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />Amount Budgeted: <br /> <br />Exhibits: Ordinance <br />Exhibits: Industrial District Agreement <br />Exhibit <br /> <br />Amount Requested: <br /> <br />Budgeted Item: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City and Indus1ry have agreed to renew the provisions of the Industrial District Agreement for a <br />twelve year period. The current agreements will expire on December 31, 2007 , which is the common <br />date for the Battleground and Bayport Industrial Districts. <br /> <br />Kior, Incorporated has requested to execute an Industrial District agreement with the City of La Porte for <br />a portion of the land which they lease from Southern lonics, Inc. - which is covered under Ordinance <br />2007-IDA-20. <br /> <br />Staff recommends City Council authorize the execution ofIndustrial District Agreement with Kior, <br />Incorporated: <br /> <br />Ordinance No. 2007-IDA-ll4 <br /> <br />Kior Inc. <br /> <br />Action Required bv Council: <br /> <br />Co . r approval of the ordinance 2007-IDA-114 authorizing the execution by the City of La <br />rte I dustrial District Agreement listed above. <br /> <br /> <br />nai/; ~ <br /> <br />4/6/20099:31 AM/S:/finance director/fraud.doc <br />