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REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> Agenda Date Requested: March 14, 2011 Appropriation <br /> Requested By: Kathy Powell Source of Funds: <br /> Department: Finance Account Number: <br /> Report: _ Resolution: Ordinance: X Amount Budgeted: <br /> Exhibits: Ordinance Amount Requested: <br /> Exhibits: Industrial District Agreement Budgeted Item: (YES) NO <br /> Exhibits: <br /> SUMMARY & RECOMMENDATION <br /> The City and Industry have 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 /> Battleground Oil Specialty Terminal Company, LLC has requested to execute an Industrial District agreement with <br /> the City of La Porte for a portion of the land which is being split out of NRG Texas Power LLC — S.R. Berton which <br /> is covered under Ordinance 2007 - IDA -52. <br /> Staff recommends City Council authorize the execution of Industrial District Agreement with Battleground Oil <br /> Specialty Terminal Company, LLC. <br /> • Ordinance No. 2007 -IDA -123 Battleground Oil Specialty Terminal Company, LLC <br /> Action Required by Council: <br /> Consider approval of the ordinance 2007 - IDA -123 authorizing the execution by the City of La Porte of Industrial <br /> District Agreement listed above. <br /> A I i r, ,T or Ci C ji cil A enda <br /> 411 3774 <br /> Ron Bottoms, City Manager Date <br />