HomeMy WebLinkAboutO-2007-2994
ORDINANCE NO. 2007- A,'iCfj
AN ORDINANCE APPROVING AND AUTHORIZING A FOREIGN TRADE
ZONE AGREEMENT FOR THE PAYMENT OF AD VALOREM TAXES
BETWEEN THE CITY OF LA PORTE, TEXAS AND C-2 REAL ESTATE
HOLDINGS, LTD.; MAKING VARIOUS FINDINGS AND PROVISIONS
RELATING TO THE SUBJECT; FINDING COMPLIANCE WITH THE OPEN
MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
Section 1. The City Council hereby approves and authorizes the contract,
agreement, or other undertaking described in the title of this ordinance, a copy of which
is on file in the office of the City Secretary. The Interim City Manager is hereby
authorized to execute such document and all related documents on behalf of the City of
La Porte. The City Secretary is hereby authorized to attest to all such signatures and to
affix the seal of the City to all such documents.
Section 2. The City Council officially finds, determines, recites, and declares that
a sufficient written notice of the date, hour, place and subject of this meeting of the City
Council was posted at a place convenient to the public at the City Hall of the City for the
time required by law preceding this meeting, as required by the Open Meetings Law,
Chapter 551, Texas Government Code; and that this meeting has been open to the public
as required by law at all times during which this ordinance and the subject matter thereof
has been discussed, considered and formally acted upon. The City Council further
ratifies, approves and confirms such written notice and the contents and posting thereof.
2
Section 3. This Ordinance shall be effective from and after its passage and
approval, and it is so ordered.
PASSED AND APPROVED, THIS :s- DAY OF J,-!
, 2007.
CITY OF LAPORTE
/~ ,--'-.--.
\ '\1. c-i \)
By: ".. \.,~~., \~--b '-
Alton E. Porter, Mayor
~24T: 7 i1&
\ ali/Jv {/
Martha Gillett, City Secretary
~
(( r ;1A?~AA~
Clark T. Askins, Assist. City Attorney
FOREIGN TRADE ZONE AGREEMENT FOR THE PAYMENT OF AD
VALOREM TAXES BETWEEN THE CITY OF LA PORTE, TEXAS AND
C-2 REAL ESTATE HOLDINGS, LTD.
THIS AGREEMENT (this "Agreement") is entered into by and between C-2 Real Estate
Holdings, Ltd. ("Company") and La Porte, Texas ("City").
A. Recitals
1. The Port of Houston Authority is grantee of Foreign Trade Zone No. 84;
2. The Company is the owner and operator of an approximately 3,880,238 square
feet of distribution and warehouse facility within the Underwood Business Park,
located on Porter Road (the east side of Underwood Road with frontage along the
Highway 225 access road) in La Porte, Texas 77571 on a tract of land more
particularly described in Exhibit A hereto,
3. Company desires to participate in the foreign trade zones program, and that an
application be filed to the Foreign Trade Zone's Board to create an Expansion of
the Houston Foreign Trade Zone No. 84 to include the property encompassing the
Facility into the Zone;
4. A letter of non-objection :from the City will aid in the efforts to obtain this
modification :from the Foreign Trade Zone Board;
5. 19 U.S.C. ~ 810(e) provides a federal exemption :from state and local ad valorem
taxes on tangible personal property imported from outside the United States, and
held in a foreign trade zone for the purpose of storage, sale, exhibition,
repackaging, assembly, distribution, sorting, grading, cleaning, mixing, display,
manufacturing or processing and tangible personal property produced in the
United States and held in a foreign trade zone for exportation, either in its original
form or as altered by any of the above processes;
6. Inventory qualifying under 19 U.S.C. ~ 810(e) and held at the Facility in foreign
trade zone space that is activated by U.S. Customs pursuant to 19 C.F.R. ~146 is
exempt from state and local ad valorem taxes; and
7. Company and the City desire that the foreign trade zone designation cause no
financial harm or net loss of revenue to the City Taxing Jurisdictions;
NOW, THEREFORE, in consideration of the mutual promIses expressed III this
Agreement, the parties agree as follows.
B. Definitions
When used herein, the listed words have the following meanings:
1. "City" means the City of La Porte, Texas, and does not include any other entities
that may levy taxes on the Complex including, but not limited to, cities, utility
districts and/or school districts.
2. "Complex" means the site described III Exhibit A attached hereto and all
improvements thereon.
3. "FTZ Inventory" means any inventory held in the Complex that would qualify for
the 19 U.S.C. s810(e) federal exemption for certain foreign trade zone inventory
that would otherwise be taxable by the City Taxing Jurisdictions pursuant to
Chapter 11, TEX. PROPERTY TAX CODE.
4. "Payment" means the amount equal to the property taxes on FTZ Inventory that a
User would owe the City Taxing Jurisdiction in accordance with the provisions of
Chapter 31, TEX. PROPERTY TAX CODE, if the 19 U.S.C.s8Io(e) exemptions
is not applied.
C. Obligations
1. Company agrees to the following with respect to FTZ Inventory owned by
Company:
a) Company waives the federal exemption provided in 19 U.S.C. s810(e) with
respect to ad valorem taxes payable to the City for FTZ Inventory owned by
Company and located at the Complex, to the extent of 75% of the City's ad
valorem tax rate, thereby claiming the Federal exemption at the rate of 25%,
and will actually pay to the City 75% of the otherwise total ad valorem tax
liability, on FTZ Inventory. Company further agrees not to not raise the
aforementioned exemption as a basis for protesting the appraisal of any FTZ
Inventory owned by Company.
b) On January 1st and September 1st of each year (the valuation date(s) for
taxation purposes pursuant to TEX. TAX CODE SECTIONS 23.01 and 23.12(f)),
Company will use reasonable efforts to identify and designate in a clearly
identifiable manner any FTZ Inventory owned by it and held in an activated
foreign trade zone space at the Complex.
c) If the Texas Legislature alters the valuation date(s) for taxation purposes in
the future, the inventory restriction outlined above will apply only to the new
valuation date(s) as established under Texas law.
d) Company will do the following:
1) Render information related to FTZ Inventory owned by it and located
at the Complex as required by the TEXAS PROPERTY TAX CODE to
Harris County Appraisal District ("HCAD"), without regard to and
without identifying FTZ Inventory as subject to or eligible for the
federal exemption in 19 D.S.C. ~81 o( e), and provide a copy to the
City.
2) On or before December 1 st of each year, during the term of this
Agreement (and/or August 1 st in cases where Company has elected a
September 1 st valuation date for taxation purposes pursuant to TEX.
TAX CODE SECTION 23.12(f)), Company agrees to certify to the City
that it will claim the exemption in 19 D.S.C. ~810(e) as it relates to the
FTZ Inventory owned by Company, if any, with respect to ad valorem
taxes payable to the City on such FTZ Inventory, only at the
percentage rate agreed to under Paragraph C of this agreement.
2. Immediately upon execution of this Agreement, the City shall issue a letter of
non-objection in substantially the form attached as Exhibit B, which is to be filed
as part of the Company's Application to Expand Foreign Trade Zone No. 84 to
encompass the Complex
3. Company agrees that this Agreement is necessary for the creation of a Foreign
Trade Zone No. 84 to include the Complex, and such Expansion is in the best
interest of the community. Therefore, a violation by Company of this Agreement
or a determination of its invalidity would justify a reversal of such Expansion.
D. Miscellaneous Provisions
1. Governing Law. This Agreement will be interpreted under the laws of the State
of Texas.
2. Binding Effect. This Agreement shall extend to and be binding upon and inure to
the benefit of the parties hereto, and their respective legal representatives,
successors and assigns. It is agreed that City Taxing Jurisdiction is a beneficiary
of this Agreement and shall be entitled to enforce its terms and seek damages for
its breach.
3. Entire Agreement. This Agreement supersedes any prior understanding or oral
agreements between the parties with respect to the subject matter hereof and
constitutes the entire understanding and agreement between the parties with
respect to the subject matter hereof, and there are no agreements, understandings,
restrictions, representations or warranties among the parties with respect to the
subject matter hereof other than those set forth herein or provided for herein.
4. Agreement Does Not Affect Other Rights. Obligations or Agreements. This
Agreement does not supersede, modify or affect any other agreement that has
been or may be entered into between Company and any other taxing jurisdiction
or any other person or entity.
5. Modification of Agreement. This Agreement may be modified only by written
consent of all parties.
6. Further Assurances. The parties covenant and agree that they will execute such
other and further documents as are or may become necessary or convenient to
effectuate and carry out the purpose of this Agreement, including specifically all
payment in lieu of tax agreements sought by Users.
7. Severability. To the extent permitted by law, a holding by any court that any part
or any provision in this Agreement is invalid, illegal or unenforceable in any
respect, shall not affect any other provision, and this Agreement shall be
construed as if the invalid, illegal or unenforceable provision had never been a
part of the Agreement.
8. Notices. Any notice permitted or required to be given must be in wntmg
delivered in person or by certified U.S. Mail, return receipt requested, to the
applicable party addressed as follows:
C-2 Real Estate Holdings, Ltd.
c/o Mr. Robert Clay
Vice President
Clay Development & Construction Inc.
800 Gessner, Suite 850
Houston, Texas 77024
City of La Porte, Texas
604 W. Fairmont
La Porte, Texas 77571
Attention: City Manager
9. Term of Agreement. This Agreement shall terminate upon the revocation or
termination of the grant of foreign trade zone status by the Foreign Trade Zone
Board with regard to the Facility.
10. Counterparts. This Agreement may be executed in multiple identical counterparts
and when taken together shall constitute one and the same instrument. A facsimile
or similar transmission of a counterpart signed by a party hereto or a copy of a
counterpart signed by a party hereto will be regarded as an original signed by such
party for purposes hereof.
EXECUTED on the dates set forth below, but effective as of the last date executed by all
the Parties.
C-2 REAL ESTATE HOLDINGS, LTD.
By:
By Clay Real Estate Management Corp., General Partner
By A.W. Clay III, President
Date:
CITY OF LA PORTE, TEXAS
APPROVED AS TO FORM
CITY ATTORNEY
By:
Alton E. Porter, Mayor
By:
Knox Askins, City Attorney
Date:
Date:
EXHIBIT A
Legal Description of Site
ltESEkVE "'A"
METES AND BOUNDS DESCRIPTION
:US:t ACI'lE TRACT t...()(:.ATE:O IN THE
ENOCH BRINSON SURVEY, A-5
HAltlUS COUNlY, TEXI\S
IIc:ing a IllfICt Of j:mCd of boo oontaining ),1)57 ll~ '.If land ex 133,161s.quaxe Ih::t, Iocate.d !ll me l:ooch
Bdnron ~. Ab!:lI:l!t:t 5, H~ CO<Imly, Te:t;l$. ~g out of lllld II pm: of that ~ut:ain 2lJ7X~4'.l :ilCl't:' tract
{~ 2l:l69!~" ~ tr..q) of tta>rd in the n~ of St J"'" Pllper Comp:l.1Jf in Hams r..:o..mty elm's File
{J1.CCF.) Number M032856. ~ ZOi.o.w 1It:re tnct of ~ in the Dame ofC-2 Rewlll~tlIte H()~, L1D,
in H,C.c.P, N,;t Y<W4i);; Said :U157 ~ ~ being mQU ~f <kKribed ll~ follOW!> (aJl'~ ~
(JtJ the _tbedy ~..uH,tfW'2Y line t)f the Southern Poaciiic R.iln...d hea.c:ing South 71) [~15 Minures CO
Seet:lQa. F-Il$t per sll:id doa!):
BEGINNING at a 3./4- melt iron rOO Wltn cap set fot bom me nord;",_ =et or ..fu_aid 207,.049 O;;:rt' !J::Irt
and me h=n Ocscnbod tract. ~ on lhi:- cas.t line or a cilled ;,298 2CfC: trJ:cr or :n:t;,>tO. In the TliUTle of
Houston l.aglumg & Powa: CO,. Ine in V ol~ 2355, Page 173 of me i!lI1'ris Counry Dt.>ed Records;
THENCE, cOOocKlent Ole !lOI:th w of afOR'Wo 207049 11= tr.i.Ct, North 90 ~t:S 00 Mmuus 00 Seconds
E:J.$t, a dia.t:ance of 21)6, HI ~ tQ a 51'S in<:h iron rod ....ith clip ael foe the northeaJlt comer of me herein
d~"bed 1I'IlC'l;
'nIENCE. rhrough :md lIQ'O!lS ar~ ~)7,049 acre lnCl, Sculh ClO ~15 20 Mm~ 54 SI:'C~ Eg~" 11
disWlce of 449,04 foct to an ":x- cut in concrete otl the cet'lu::riim: of Pone(" Rood (GO f'=t widt: pm-1I1<: .t:roeet),
for the southeast comer or the b= doaib<<! t:rac:::.
THENCE, coiocJdem the crotcriine Qf liforcs.aid f'onor :!load, South 89 Degr=; J9 M.iiiUlt:!. t\6 Seconds \,'csr,
a du>ance of 295.75 feet to Ml ~lIh CUt in COfl= for me 5OUt.hVi"<:~t OO!'fle:l of me bercin dt:KrJbcd trlI>Cl. on me
east line of llfuresaJd 7,2':/8 ~ trllCt. and beJ."lg on the Vi"<:5t Jim: of aforesaid 2l.11,l)4-9 acre 'tr.lCt,
THENCE, coincident the ~st line of af~.cl 2(\7,(149 lIIrn' met, North 00 ~ 24 MIDut~ ~) Soconcb;
\"!a;r, a di!1WlC't: of 45l,,'l.El5 foct It> em POINT OF BEGINNING mod cooWt:Un& lOS' .acres of iland,
'R.cn<'J & AssociuCl'
~ 27, 20:)6
Job No- :l6-{140'C11I.crt:
RES.ER'\tE "'0"'
METES AND BOUNDS DESClUPTtON
11..056 ACItE TRACT LOCATED IN THE
ENOCH BRINSON SURVEY, ....-5
HAIlRIS COUNn', TEXAS
Being II tr2t:'l Of ~ or bod "UI1Wltl4ng 1UI56 actt!< of bnd at 481,5:81 >q~ fee1. 10C3itcd in the F.nodl
&moe Slll'i'ef', Ab!ltr.ICt 5. fhrm County, Taar.. betng out of 1100 a pan of mar cerlain 2(l7J149 ~ tr'lI>ct
(a.lled 206.9"JO aae tract) or reooro in lhe 'name of St Joe Pllf'et Compmy ifl H~ C"un~' CLerk'. i-1le
(HCCF.) N~ M032856, * 2Oi,0049 a.crt' IDct of!l!oCoro tll the rwne of C,2 R.t2I Eslllte HoldIngs, LID.
Ie H.c.c.r, No. Y404i33; Said 11,(1:'6 acre tnet ~ mote pmi~ ~:as (~'" (zJ bcarings ba.o<.'li
00 the oou1he.ri). Ftigbt-of- \X.'llY line of the Sodtbcm Pacific kaiL....ad bc:il.f!ng Sotlth 70~. 1 S Minute> 00
Seconds Ea:s.t ptt said dood):
COll>lMENCJNG iIIt " 3/4 Inch iron rod....-id1 cap ""'i for badt the: north...."""t rom"" <:>1" afiJ>~ 207.04~ 1l\:R'
tI1lct lIDd the he~u. d""<:r'lbed ~ being on the. t!lI:lt 1in!' of II called 7.49R ~ net <:>1' m::oro in tIx nL~ <:>f
H.ousmn lighting & p~ c..,~ !.tw:. ifl V uSurae 235.5., ~ 113 of th~ H......m Cmmty Dcoed Re>c<:.>nh;
THENCE, coincident du: north line of afotCllaid 2lJ7,049 acre 1nCt, North 90 .DegrocsOO MinuteS 00 S=ih
Easl., ll. dis!lWCJe of 296.18 feet to II 5./8 mdn iron rod 'W1fh etp S>el for the tI<::Jtth",ocsI com... atLd POINT OF
BEGINNING of the hC:relt'l Qescrihtd I'1'Il.CC
THENCE, ctxincidl!m the lloI:MrI:h lim: of a.fOlfeSllid W7.04'9 am: InCt, Non:b 90 Dt:grees 00 Miootol 00 &U)OO5
Eas!, :II ~ or 1,080.38 fttl to II 5/8 IIK'h iron rod with Cllf' sel for the ~t camel: of the ~
desu.ibed !met:
THENCE. tbroagh and acrol1& af~d 2Oi,(0$9 KJ:C' tl1I.(:t, Scm.tb (I(J ~~l Minutt:!; 54 ~onds East. R
cCsWlCe <:1<1' 442.48 feet 10 i\Il "I" C\lt in 4;IJlD.="" <lTl tn!' =terli!l):~ ofP~ Road (60 feet 'Wide privl!IC s=t),
for !he ~1h~t CO.me!' ...f l~ Itte.rel:n d""'<=f1'b!!od t;tll<:t;
l'HENCE,roinc:ideut me cented.tnt: or ;tf~ P.Ofter Road, Sooth 89l:>et.=e< 39 MmUl:e. (){, SccOlllds 'K!Cilt.,
a duwonce .0>1 1,08036 Ie'JeIID an ",," CUt Ie concrt'k fut tlu: routh9..(S! = oJ the bcttm ~ 1nCl;
l'HENCE, tIttough and actOO.S ",f~ 207 ;(14.9 acre l!'2C'!. North 00 D~ 20 1\tmu!l:S ')4 Socand:. West a
das:~ of 44<;;(14. ~ t,) the POINT OF BEGINNING 1100 COO~, II ;(156 1ICl'e5 01 land.
Reno &: .-\ssoal\1l:5
Septemba 27, 21J06
JOO No. 36-(~400illS J.I
RESER\"E '''C2'''
METES AND BOUNDS DESCIUPl'lON
tt.st9 ACIt.E TRACT LOCATED IN THE
ENOCH BRINSON SURVEY, Jt."S
HARlUS COUNlY, TEXAS
F\etng ll, trKt ~ ~ of land o:.~.ning 1 urJ9 n= of llll'ld "r 5()].>4/' ~(: fttt. kolrd I!ll !he Enoch
B.:imoon S11l'Vt1\ Absl.taCl 5, H:u:ri.. COl.lInry. T eltllS, being O\It r>f.am;! ~ pm elf thAt cc:min 207 .(~9 llC'ff tract
(a1It!d 206..990 acres) of ~ in tht, twne of SL JIk P"f'U ("'~any in I~ County O<<k's Fik (H.cCF.)
Nl.dI'lr- MCt';Z8!)6, sax:! 207J149 aa'(: = of rt'1:Ol'd llllbe:mme ofC! Rea) F.>:Wr!! Holding:;, LID. in I LC.C.F-
No, Y404733; S2id 11.509 actt tract bong more ~, ~ il$ follows (aI!l ~ ~,~ Q11 the
!KIlJthcrly RJgbl-of- \'t/2Y li1le of the Som:Dml Paciftc kmCl:l.<d ~. Sooth 70'~ 15 J\.finU!e1 00 .'>e.;x'J1d:s
E3ist pc:.r said drod);
COMMENCING !l<t n rropont a,,.,t:re1)/,'c mort\m1<'nt f,;,und f<Jr' t~ north~ ,.orner of af~ 2J)7.049 acre>
tract, ~d ,,0['[1('S being on the 5'~~Y R.OJ;l;'. tine Qf fl.f~aid ~lrQad (100 f<<.'t "'1dc).
THENCE. coincidmt the oorIh lin< of g!r:mWd :207 '{J49 llffi' Inlet, Nottb 90 l~ (Xt Minutt:S (1) Secoods
W",l" " o;!ista"", of 88.31 .~ to the tmrth......t c""""'" 2nd POINt OF BEC'.lNNlNG of the ~n ~c;rihod
lfid:;
THENCE, through and:across afoccsaid 207,W9 acre tract, South 00 ~ 20 Mmu~ 54 S""-"OOd:s ~l.. a
distance of 43.5.>4 f<<r 10 1lIl "x" wI in c~ (Ill 1he oentalme of RfCftSaid l'>ortet RlWi (00 feC'l l;I;;dic private
Slmet~ for lhe SQ(lmem comer l.li (be berein ~crihed met;
THENCE, coincidertt the: ameclinc of afar=OO Ponl% Road, $<:ruth I!l(~ ~ 39 MinUlCli 06 SecoOO.;\tiC}!(.
a disWKe of' 1,142.00 teellO llJlI .'x" cut in COll(,~ for th(' soulhwelit oornerof the hcreincksa:ibed tract;
TIlENCE., mr~ and acro:;s af~id ;))'7.f149 IlCre tract,. N<XdJ (~r~.).') MltRl~ S4 S=ds W('st, a
dislllDCA: of 442.48 ~ to a 5/& irw;h iron rod "."It. ""I'.et IOT the nCJo:l'th"'''''''t ~rn""ofthe he= de~c;rihod \1'l1>Ct.,
being Oil dK'ooltb.l:inc of s...id 2JJ7.00 ""'"' tn.tt.
THENCE, cQ4ncidem ch<: nrft !IDe of air:.resm 207.04'9 ~Cl'C tral:t, Noeth 90 ~ 00 M:ltilltcs 00 s.er:x,ndB
Ellilt, .. &12tIC.. of t ,142.02 feet toch<: POINT Of' BEGINNING all!! CUO~ 11509 acre; at bOO,
ReDo & Associates
October 3U. 2(11)6.
Job No, 36-C~JtmU:::2
RESEll\,"!:: "0"
METES AND BOUNDS DESCRIPTION
5.'14 ACRE TRACT LOCA TBD IN THE
ENOCH BRINSON SURVEY, A-5
HAlUUS COtrN1Y, TEXAS
~ II tract or parcd of land C{)I1tl!in.mg :',9]4 11= ofhmd or :57,62.2 squat" f~[, l~d in d.~ En<xh
BrinsOll Survey, Abstract 5. HIlI"ril; County. TI::Df.., be~ OJilt of and 11 part of that ~ 207.1)49 IOC<<' trAct
(otIkd ~,990 ;J=) of ~ .., d.e 811m(' of St, Jot' Paper Compan}' m Hands Coutlty o.rt'il File (H,C,CF.)
Number }'i03~.. WJ 2lJi,(~9 1I(:t'C' 1r1lct of r=xd in the _ of C.2 I!le:1.1 Bsute Holdings, LTn .. H,('CF.
No, Y4(~733.; SU:l S!n4 Krf! ~ being m<'~ ~llItiClllarly Oesmbed liS flJ>llow& [:all beari.ngs baoed an me
~L'>l.llhcrly RJgbH>f W"y lint" ('If r.I:u, Snuch= 1'acif., Rd.ro8d ~ &w.rtb f(' Dcgm:s I S ~ti.nlJ.tcs 00 ~
EUI 1- -.d dealt).
BEGINNING at 1l Dup<.-'Itlt ~ moowtlltllt J'Ourui Cor the <lortht:alil ""_ of d~ 2:17.049 1ICl'C' ttlI<;:t,
said comer bciog on me 60Umlll'l::Ste:rJY It,Q_V>' line of afcm::;;alrl Railroad (lOCJ fa:! ~);
THENCE, mmc:ident aforesaid roullrnoe;~' JtO.W. me.. Soum 70 ~ 15!\.iJmJ.te 00 Setxlnd. E2$!,ll
dist~IICt' of Tn ,86 jff( to a 518 incl1 iron rod. wi1il clIfl ~[ for the' Il~ oom.Cf <of th~ 11_ oocribod ~
THENCE. ~ "nd across ~J=WJ 2lJ7,(H911i;R tract, Sooth (~j [~Tee6 :w MIDutts S4 S<<ond. Eas:l, a
distlllll:"e of 169.16 fee't to IIn "x" CUt in <.ml~Le on thC' cmtctlmC' of afuresrUd pf.Xtt'J' Itoad (00 fm lIloi.:kpm'lire
!i_I), for d.e muthe;..t cnmet of the herei:n de5cc'bed ~
THENCE, ~c:ideltt the C1''''~ ol ..furesaid p~ lloA.d, South 1I9 ~ 39 !'>ti.nu.te. 06 Sec<:mds W'-'$(,
" di.ooCt' 0181 :;-1 i fi;,el IQ QIl "'!;" 011 in o;macl., fi:,r tbe K1ud;r..~1 oomer of 1I1e i1ICRin ciC'M:ribr:d ttact;
THENCE, ~ attld ;1l::l:0l,,. alorcsa.td 2IJHi'4,} :iICtt IftI5l, N,it'd! 00 lJegrecs ;W Mmul..", 54 S.,,,,,,...3. \.'(,'"s!, "
dmmee of 435.54 reC11J:) 1l 518 mch lroll; rod lIloim cap :>ocr tor lht f1ctt'ttrwest C(l;tfJCr or the herem ele.Cl:lbed Inlet,
bcing = the' t1<O'tth iUu:: of said 2l}i.049 actt tratt.
THENCE, eoinodc:nr me llMh.!me or afore&aJ.d 2:Ji.W9= t:rJia, Nom. 90 Degree> Cl:l Mlnurl:$ 00 St."'t:'OOds
f.:as!, II OO!'llnt:C of 88.31 feet ro the POlNT Of BEGINNING and ooo~ 5..91421= of Imd.
~~
RBI<;) &- A.rociJlte.
Oc:tub",r:;O. XlO6
J"" No.. )6 {)4[I4_RF:.$_C3
RESERVE "0"
METES AND BOt.JNDS DEsCRIPTION
10.640 ACkE TRACT LOCATED IN THE
ENOCH BRINSON SUItVE:\', A.S
HARRIS COUNT\", TEXAS
Being 11 mer or pared of Imd containing 10,640 acm; .ur 1lllld or 463.490 r;q~ r",-,t. "..a!OO lt1 !~ Rn()Ch
Bdn_ Swv~. Ab!,tI:\<<t 5. UllIri~ County, l'eJ;lIS,. bocing out of and 11 fW1 of that certain 2lJ7.M9 acre mer
{c;a!lrd 20(.990 at;R Inlet) (If =oro in the name of Sot .Jot' Papa Company 10 lbrri:s COW1~' deft'~ Fik
{HCC.F.,) Number M032856, said ;ro'L049 m1: ttact of ra::oro in the namt: of C~2 .Real Estate Holding<, L1D.
in H,C.C.P, No. Y+0473:l; Said 10.(i40 ~ met bmJg ~panirolarlr d.c:saiibtd as follu"", (all ~ based
00 the sootbcrly Rigbt.of.WPi}' )!Pc of the Soud>ern Pa.cific R.droRd bearing $.oudl iO Dcgr<<~ 15 MlDl.It(!!l 00
~d:s ElI$ll"<:J!" WIll d~:
COMMENctNG at:o 3/4 inch.i.totI rod wilh Olt' .t!l ft.'" b<>Ih the. ~o:>;l c:<:Jf;1Jer <;If Il(Ol'<'oP:lW'.049 ilCl"'C
!tBC\ ami fhe hc::tt:in dac:ri.bcd ttllCL, baug, uu me easl line of a aJk-d 7.298 = tna!;l r.( =tmi in the lLmle o(
HOWlIDll Ugbong ill PO'I\Itl Co." 1m:. If! Volume 2355, p~ 173 or 1h~ H2iris~' Deed Rcooro.~;
THENCE, o::nnadem i:hc ~r line of aforesaid 11J7 00 :illC1'l: tract, s.ou.th 00 ~ 24 t>fIrmres {Il] SeOO<'J..ds
r~f;t, a disT.1lrl.<< of 450.$;' f~t ro an "x" cut OIl me celm:rlme of Poru:r R.oad (<>0 fttt wide printe meel);
THENCE. cc.inadeot the cc:n~ {.f llfo~saldPortc:r Road. North 89 Dcgroo; 39 hmmes 06 Second. F..lilit,
II ~ of 1.%~S.1 feet to an "l\" CUI in ~ for the Ilortt!uoest corner llIld POINT OF BEGINNING
mmt' ~ ~bed 1nct;
TlJENCE:, coincident u-.. crnterlioe m .~ P<)rt"" RpJd, N<ri 8~ l).;g<I= 39 MinUte:!' 0(, Seo;;.OOs &or,
. ~1:lIJi1><;C of 94S_'XJ f...,t to ....d ."'.. cut m 0",<=l4' fOJ: itlJ,o: no.rtbast mm~ (>f th~ ~ ~ tIKt;
THENCE, thwogh lIrfId l16'OlJ5 aforeE;1dd 2J)7,(i'49 ll.Ct't met, Sooth OO~> 2J) Minutes 54 Sec-and" Ea:.r, a
distldlceor 490,00 fcc:t to II SIll. inch =0 rod with cap $Ct for me southt:ast comer of !hoC' hc::tt:in described t:tlICr;
THENCE, ~ and :IIams aforesaid ~Ii JJ49 .acre tniCt, South Il'9 D~ J9 M:inulcs 06 ~ w..."t, a
di..<;tlIDCt: of'14i,9lJtecr 10 an "x" rut m CODCl'cteoo the a:n~mPikc-COllll1 (60 fect"Wldc pn....lllf: street),
THENCE, COJllICllCIem the centerline of aiOf'~d PIk1:- ColJ!'t, Ncmh (I() ~ 20 MinUtc:li 54 S<<oolk \'t'est. a
dist.llm:c of 4'9(1,\)(1 f\Xt. tl) me POINT OF BEGINNING Ill'!Id c=~ i{l,64(I acres of lind,
Reno &. A...~oc:U_
September 27, 2006
Job No. 36-0404_RES_D
RESElf\'E "E'"
METES AND BOUNnS DESClUPTfON
11.433 ACRE TRACT LOCATED IN THE
ENOCH BIUNSON SllRVEY. A-S
HARRIS COlTNTY, TEXAS
Being a Wle! Dr pllJ'~ of l~nd cootaining 11.433 llal$ IJ<f land Qf: 49B,003 ~ f\Xr. iocatod In me Enoch
Brinst:>n SIIIYI"}'. i\bstrad 5, HlU"ri. C.rmnl)" TeD$,. beIDg mlt of ..no $I pm of that ~ 21)7049 ll.Ctt ttflot
{called 2l)f;.99(l ~) of record in Ihc ~ or SI.. J'* ~N C~:r in limit; Count,. am'", File (HC.C.F.)
Number M05lS~, said 207-049 _ tnlct of rocnrd irllbr" ll.\VT1C of (.2 Ra,I Estate H~, LID, in H.eer.
No, ''f4{l473;; SIUd 11.433 ..ere tl'1'CI ~ 1l'lWC p~ dC$Ct'Jbecl1/I$ f~ (!111 ~ bued COil the
sootherly ,RighH.r, Waj' I.itliC of me Soulhem Pacifie ~ ~ S<JIJu, Xl ~ 15 1\IIimJ~ (1(1 Sc-e<mds
East per S*id deed!:
COMMENING at a DupOIJU concrete l't1Conument Iiound for the ~t CClt':t:n::t of aJ'<.l<tesau.1 '::~:Ji,049 acre
tlEt :md the herem de~ met. smd comer bang on the &outb'\li'C6tMy ilO,'\l;', !mt: of aforesw Railroad
(l 'JJ feet W.ldc);
THENCE,cr..ll1icidrot tb~ ~th'i/,'C!'t we of lIfum>aid ROW., Sooth 7t} ~ 15 ,Minute> 00 SccOdlLk r~t.
$I distaooc of 1..365,91:) feet t<J II 5/8 inm iron rod -witIJ ap $oCl: fur .. nQrthC!llllt lJomct' of me herein desaibtd tttlet
THENCE.,cuntinuing o>incidmt the soothweste:rl}' lincc of ll~ llO'l1t'" Soudl 70 ~ 15 Minutes 00
Seconds E...t, . ?Ii.~ee of 146,58 f.,.,t 'n li 5/8 inclt inltl"',d ....;m cap .el fat ,. nol'thetil Cbltt>er of Ihc ~
~bt:d tnu::t~
THENCE, I.'m>...gb and lilC."'05S ill<:,tCSW 207,(149 &ere tt:aC1lfill: fotlJuwmg thro:: COWllC','
L Smlm (lll~es 20 }..fuwtt1; >4 &croo.d. F.A$t, fl dlStmce of 439,tj3 f-<<t.
2. Scum 89 ~eE 39 t>.liinUtt1; (ltj SocoOO. W~t, ~ dialllOa: of ] ,02>.41 f~
3, Nar:tb!):J ~s 2l:) MiIl.l'tt1; :>4 ~1;)I1d:!. W"C'st, II Q'lStlln<::t' of 490..{:M) ~ to an "x" wt in
concrete' on the cmtrrline ofPom:rRoad (00 ~ pri-...te road);
THENCE. e~cide<rlt d>" <:en~ of ,.f,,,,,Wd Port"" Rt.!ld. N,,m, B9 ~ ;;9 Minute. 06 St>;~ F-ILSI,
~ (li;,.t;an<::. "f.88~,f5 ic....."! io the pOINT OF BEGlNNtNG "",d(:(JJ:LllIIining 11.433 acre. ull.and
~& A.~.
Ocrobet 3, 2006
Job No. 3(,...04{I'U~lliU:::
RESERVE "'Gl"
METES AND BOUNDS DESCRtPTION
350469 ACRE TRACT LOCATED IN THE
ENOCH BRINSON SURVEY, A~S
HA.RR.[S COUNTY, TEXAS
:Eking Ii tJ:lK:1 or ~ of land comtlining 35-469 a.a:t'$ of bmd Of l,54),n:}4 li<j\li&te fett, Ioaitecl :in me Enadrt
BriwK"'! Sur<'er. ;\h,~ 5, H:mis Ccnmtj', Tf!lW" bo:mg (lQil. of and 9 pan of Ittkal C<<tlllfl 207 AJ49 iIoC!C IrIlCt
(caIIt:d 2Cl6-990 a= 111I.Cf') of ~ it! the nAme of Sot, Jot P-s- Company in HWs O:mnty Ckr.\;:\ Fik
fH.C.CF) Number M03221S6, uid 2ll7.J.).Il9 _ ttllcll:x:ing of n:cord in the na:mc ofC-2lkm Est&t~ H~
LII:i :in f{,C,CF Nmnber Y404733; .Said 35.469 Ila'e l:I1III;t being _ particularly ~ as folJo'i/ll; (all
~ ba$ed fJti me- .olllherlr Rigftt-of. ~;ll)' lisle of 1$" S<.Il,lfh~ ~6<: ltdrullO ~ Sooth 70 ~ 15
iMl:r.Jllles 00 ~dii Eas.t ptt uid deed):
COMMENCING 111 a ~n roocret~ ~enl calkd and fOOlnd ar the SOU~1 CQf'[jef of ~<!soo
;!(l7'(149 aCR l:I:l!.cl. foc Ih~ lJ'~ c<:>mer of a ~d 19_50(>6 a= I:I:ilct of rnrord in mt .~ of Houston
I.igbling me rtN~ C~y :in H.C.C.F Nwn~ Dl17662, and OIl the c:aM.IiM of a caIkd 2.833 acre: tmct of
~ in the _ of How.toCIl..ighting and J>owet CumpilllY in V <:~'Uttle 2355, Page In of the Deed R~
(If Hmis Coutl'1', T~~ l<;lid a;u:ner heL-.g 01:1 me w-eJ:;l1ine of wl<I'eSllid E.not;h Brin..,"'tIITI St~ and the cast line
of Ii)e. Ni~ Oopper Su~':
THENCE, ~cident th" limlIth lim: of af~lI:!d 2tR049 artt I:l;u:::t :md lhc: nlXth lin" of .,fare.aid 19_566 =rc
tDa., N(>Mh 89 ~ 39 MmulCli 06 Socoods ~ a dlstm~ of i .9!l~U7 foct 1ft) :il 5/8 im']] lnm r<'Id ""'0 ap
~ fot me !mt.Iihwes;t C1:lotl:I<':f wd POINT OF BEGtNNlNG of the h~ ~.,j tr.lcr;
THENCE, ihrougb a:n.d lliC1'OliS llforcsaid JlJ7 .1)19 lIcre tract 1he foh~ r.b.ttt (3} courses:
1. Norlh (to ~ 20 :Mmu= 54 5<:coods ~'cst, & disl.i:Oct' of &84,19 ~ to 11 5i8 mch iron
rod 'WIth ap ~r::t for die no~ COIlIIa" of the b,= lbcribcd lnict;
2. Noo1h 89 ~ :'19 ~~~ (16 SC'<Jom:\:. ElIst, Ii dmllnCe of 1 )47.4l) feet to a 5,iS ;nc;h
.iron rod with .~ ~ for die northeast ('~ of the b~ ~bed mct;
), Sooth (I(l D~ 2ft r-.fmu~ 54 $r::OOl1ds &st,.. ~r:: of~19 ft>et to. 5/1> Inch lrcm
rod ".,th Clip '''I ftlt th.. .CJUlht,lI$1 !:<Jm..- of Ihr::'~ descn'bed tnlCl;
THENCE, ell!ll1c:i.dt:mt me nCIfth 1w: of zf~ 19.566 JlCt'(: I:l;u:::t Scum 8') D~. 39 Mm..ta 06 St.'l:'llMS
\'{ICllI, a di$tlU1Cf: Of 1,747.40 fca [c' me POINT OF BEGINNING and roluaming 35,469 aCttS of land
Reno. & l\uuciares
Nov~bcr 21, 2l.n6
Job No. J6-D41.~.JtES_Gl
Exhibit B
_,2007
Mr. Jack L. Beasley
Foreign Trade Zone Manager
Port of Houston Authority
P.O. Box 2562
Houston, TX 77252-2562
Re:Application by C-2 Real Estate Holdings, Ltd. for an Expansion of Foreign Trade
Zone No. 84 to include a warehouse facilities located within Underwood Business
Park at Porter Road (the east side of Underwood Road with frontage along the
Highway 225 access road) in La Porte, Texas 77571.
Dear Mr. Beasley:
The City of La Porte, Texas has received a notification from C-2 Real Estate Holdings,
Ltd. of its desire to create a Foreign Trade Zone ("FTZ") at their property within the
Underwood Business Park (estimated 3,880,238 square feet) for Zone designated
warehouse and distribution activities. The proposed site is located at Porter Road (the
east side of Underwood Road with frontage along the Highway 225 access road) in La
Porte, Texas 77571, on a tract ofland more particularly described in Exhibit A-I hereto.
The City of La Porte, Texas has no objection to the Expansion of the FTZ as described
above, as the City and applicant have reached a separate agreement regarding applicant's
local obligations for payment of taxes on inventory.
If you have any questions or comments, please contact
,atLJ_-_.
Sincerely,