Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />~(R\rrr' rBJ~ <br />~~~ li <br /> <br />commissioners Court; and the San Jacinto College District, are <br /> <br />attached hereto as Exhibits "B", "C", and "0", respectively, <br /> <br />incorporated by reference herein, and made a part hereof for all <br /> <br />purposes. <br /> <br />section 2. The City Council of the City of La Porte, having <br />considered the evidence presented at such public hearing, and the <br /> <br />documents filed by PPG Industries, Inc., is of the opinion and <br />finds that the proposed reinvestment zone is within the corporate <br /> <br />limits of the City of La Porte, and meets all of the criteria to be <br /> <br />designated as a reinvestment zone, as provided in the Texas <br /> <br />Property Redevelopment and Tax Abatement Act, V.A.T.S. Tax Code, <br />Chapter 312, and that all conditions prerequisite to the <br /> <br />designation of. such reinvestment zone have been accomplished. <br /> <br />section 3. Specifically, and without limiting the generality <br />of the foregoing, the City council of the City of La Porte finds, <br />determines and declares that the subject property would be <br />reasonably likely as a result of the designation as a reinvestment <br /> <br />zone, to contribute to the retention or expansion of primary <br /> <br />employment or to attract major investments in the zone that would <br /> <br />be a benefit to the property and that would contribute to the <br /> <br />economic development of the City of La Porte. The City Council of <br />the City of La Por~e fu~ther finds, determines and declares that <br />the improvements sought are feasible and practical and would be a <br />benefit to the lanq to be included in the zone and to the City of <br /> <br />La Porte after the expiration of an agreement entered into under <br /> <br />Section 312.204, Texas Tax Code. <br /> <br />2 <br />