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Minutes of Regular Meeting, Public Hearing and Workshop Meeting of La Porte City Council on July 26, 2010 4 PROJECT UNDER CHAPTER 2302, SUBCHAPTER F OF THE ACT ON THE FOLLOWING GROUNDS: 1. E.I. DU PONT DE NEMOURS AND COMPANY IS A "QUALIFIED BUSINESS" UNDER SECTION 2303.402 OF THE ACT SINCE IT WILL BE ENGAGED IN THE ACTIVE CONDUCT OF A TRADE OR BUSINESS AT A QUALIFIED BUSINESS SITE WITHIN THE GOVERNING BODY'S JURISDICTION LOCATED OUTSIDE OF AN ENTERPRISE ZONE AND AT LEAST THIRTY-FIVE PERCENT (35.0%) OF THE BUSINESS' NEW EMPLOYEES WILL BE RESIDENTS OF AN ENTERPRISE ZONE OR ECONOMICALLY DISADVANTAGED INDIVIDUALS; AND 2. THERE HAS BEEN AND WILL CONTINUE TO BE A HIGH LEVEL OF COOPERATION BETWEEN PUBLIC, PRIVATE, AND NEIGHBORHOOD ENTITIES WITHIN THE AREA; AND 3. THE DESIGNATION OF E.I. DU PONT DE NEMOURS AND COMPANY AS AN ENTERPRISE PROJECT WILL CONTRIBUTE SIGNIFICANTLY TO THE ACHIEVEMENT OF THE PLANS OF THE CITY FOR DEVELOPMENT AND REVITALIZATION OF THE AREA. WHEREAS, THE CITY FINDS THAT E.I. DU PONT DE NEMOURS AND COMPANY MEETS THE CRITERIA FOR TAX RELIEF AND OTHER INCENTIVES ADOPTED BY THE CITY AND NOMINATES E.I. DU PONT DE NEMOURS AND COMPANY FOR ENTERPRISE PROJECT STATUS ON THE GROUNDS THAT IT WILL BE LOCATED AT THE QUALIFIED BUSINESS SITE, WILL CREATE A HIGHER LEVEL OF EMPLOYMENT, ECONOMIC ACTIVITY AND STABILITY; AND WHEREAS, THE CITY FINDS THAT IT IS IN THE BEST INTEREST OF THE CITY TO NOMINATE E.I. DU PONT DE NEMOURS AND COMPANY AS AN ENTERPRISE PROJECT PURSUANT TO THE ACT; Ordinance 2007-IDA-121 AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE OF AN INDUSTRIAL DISTRICT AGREEMENT WITH FR/CAL INTERPORT, LLC, LIMITED LIABILITY COMPANY FOR THE TERM COMMENCING JANUARY 1, 2008, AND ENDING DECEMBER 31, 2019, MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND PROVIDING AN EFFECTIVE DATE HEREOF. Ordinance 3263 - AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE OF AN INDUSTRIAL DISTRICT AGREEMENT WITH FR/CAL INTERPORT, LLC, LIMITED LIABILITY COMPANY FOR THE TERM COMMENCING JANUARY 1, 2008, AND ENDING DECEMBER 31, 2019, MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND PROVIDING AN EFFECTIVE DATE HEREOF. Ordinance 3264 - AN ORDINANCE APPROVING AND AUTHORIZING A CONCESSION AGREEMENT BETWEEN THE CITY OF LAPORTE AND LINDA DARNELL WITT TO