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HomeMy WebLinkAbout2000-IDA-67 REQUEST FOR CITY COUNCIL AGENDA ITEM Appropriation N/A Agenda Date Requested: October 7. 2002 Source of Funds: Requested By: John Joerns Account Number: Department: Administration Amount Budgeted: Report: _Resolution: _Ordinance: -L Amount Requested: Exhibits: Budgeted Item: _YES _NO . 1 Ordinance . Standard Industrial District Agreement SUMMARY & RECOMMENDATION This is a new Industrial District Agreement between the City and Ex Tex La Porte, LP. The Agreement will expire on December 31, 2007, the common date for all agreements in the Battleground and Bayport Industrial Districts. Air Products is the owner of the land and has a leased a portion of their land to Ex Tex La Porte, LP which has built an $18 million dollar facility. Ex Tex has contacted the City of La Porte and wishes to enter into an agreement for their property and improvements. Staff recommends City Council authorize the execution ofIndustrial District Agreement with the following industry: . Ex Tex La Porte, LP Action Required bv Council: Consider approval of Ordinance 2000-IDA- authorizing the execution by the City of La Porte ofIndustrial District Agreements listed above. JoJr/oR Date' / ( ORDINANCE NO. 2000-IDA-101 AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE OF AN INDUSTRIAL DISTRICT AGREEMENT WITH EX TEX LAPORTE, LIMITED PARTNERSHIP, FOR THE TERM COMMENCING JANUARY 1, 2001, AND ENDING DECEMBER 31, 2007, 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. EX TEX LAPORTE, LIMITED PARTNERSHIP has executed an industrial district agreement with the City of La Porte, for the term commencing January 1, 2001, and ending December 31, 2007, a copy of which is attached hereto, incorporated by reference herein, and made a part hereof for all purposes. Section 2. The Mayor, the City Manager, the City Secretary, and the City Attorney of the City of La Porte, be, and they are hereby, authorized and empowered to execute and deliver on behalf of the City of La Porte, the industrial district agreement with the corporation named in Section 1 hereof. Section 3. 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. Section 4. This Ordinance shall be effective from and after its passage and approval, and it is so ordered. PASSED AND APPROVED, this 14th day of October, 2002. By: CITY OF LA PORTE ~J~~ Mayor ATTEST: ~(L(), I&J M a A. Gillett City Secretary I APPROV~: ~ ~( ~<rJLZ:J a~ Knox W. Askins, City Attorney 2 NO. 2000-IDA-lil STATE OF TEXAS COUNTY OF HARRIS { { { { { INDOSTRIAL DISTRICT AGREEMENT This AGREEMENT made and entered into by and between the CITY OF LA PORTE, TEXAS, a municipal COloration of Harris County, Texas, hereinafter called "CITY", and )(Tex LQ f'or+e L;,.,; fed PatThe,.....s.~, a Te.)(a-S /i/'1); feel D()rtjle.-.SII;dJer~eratiefl, hereinafter called "CO ~Y" , " WIT N E SSE T H: WHEREAS, it is the established policy of the City Council of the City of La Porte, Texas, to adopt such reasonable measures from time to time as are permitted by law and which will tend to enhance the economic stability and growth of the city and its environs by attracting the location of new and the expansion of existing industries therein, and such policy is hereby reaffirmed and adopted by this City Council as being in the best interest of the City and its citizens; and WHEREAS, pursuant to its policy, City has enacted Ordinance No. 729, designating portions of the area located in its extraterritorial jurisdiction as the "Battleground Industrial District of La Porte, Texas", and Ordinance No. 842A, designating portions of the area located in its extraterritorial jurisdiction as the "Bayport Industrial District of La Porte, Texas", hereinafter collectively called "District", such Ordinances being in compliance with the Municipal Annexation Act of Texas, codified as Section 42.044, Texas Local Government Code; and p. '.0 p,e rty WHEREAS, Company is the owner of laRa wi thin a designated Industrial District of the City of La Porte, said land bein~ legally described on the attached Exhibit "A" (hereinafter "Land"); and said Land being more particularly shown on a plat attached as Exhibit IIBII, which plat describes the ownership boundary lines; a si te layout, showing all improvements, including pipelines and railroads, and also showing areas of the Land previously annexed by the City of La Porte; and WHEREAS, City desires to encourage the expansion and growth of industrial plants within said Districts and for such purpose desires to enter into this Agreement with Company pursuant to Ordinance adopted by the City Council of said City and recorded in the official minutes of said City: NOW, THEREFORE, in consideration of the premises and the mutual agreements of the parties contained herein and pursuant to the authority granted under the Municipal Annexation Act and the Ordinances of ci ty'referred to above, City and Company hereby agree with each other as follows: ::K LOll d ;.s Ie 0 sed +tottJ /JI r Prod f.(c!- oS an c:I Ch~/h;ce./~, ..J..1t C. FINAL DRAFT: February 24, 2000 I. City covenants, agrees and guarantees that during the term of this Agreement, provided below, and subject to the terms and provisions of this Agreement, said District shall continue to retain its extraterritorial status as an industrial district, at least to the extent that the same covers the Land belonging to Company and its assigns, unless and until the status of said Land, or a portion or portions thereof, as an industrial district may be changed pursuant to the terms of this Agreement. Subject to the foregoing and to the later provisions of this Agreement, city does further covenant, agree and guarantee that such industrial district, to the extent that it covers said Land lying within said District and not now within the corporate limits of City, shall be immune from annexation by city during the term hereof (except as hereinafter provided) and shall have no right to have extended to it any services by City, and that all Land, including that which has been heretofore annexed, shall not have extended to it by ordinance any rules and regulations (a) governing plats and subdivisions of land, (b) prescribing any building, electrical, plumbing or inspection code or codes, or (c) attempting to exercise in any manner whatever control over the conduct of business thereon; provided, however, any portion of Land constituting a strip of land 100' wide and contiguous to either Fairmont Parkway, State Highway 225, or state Highway 146, shall be subject to the rules and regulations attached hereto as Exhibit "c" and made a part hereof; and provided, however, it is agreed that city shall have the right to institute or intervene in any administrative and/or judicial proceeding authorized by the Texas Water Code, the Texas Clean Air Act, the Texas Health & Safety Code, or other federal or state environmental laws, rules or regulations, to the same extent and to the same intent and effect as if all Land covered by this Agreement were not subject to the Agreement. II. In the event that any portion of the Land has heretofore been annexed by City, Company agrees to render and pay full City ad valorem taxes on such annexed Land and improvements, and tangible personal property. Under the terms of the Texas Property Tax Code (S.B. 621, Acts of the 65th Texas Legislature, Regular Session, 1979, as amended), the appraised value for tax purposes of the annexed portion of Land, improvements, and tangible personal property shall be determined by the Harris County Appraisal District. The parties hereto recognize that said Appraisal District has no authority to appraise the Land, improvements, and tangible personal property in the unannexed area for the purpose of computing the "in lieu" payments hereunder. Therefore, the parties agree that the appraisal of the Land, improvements, and tangible personal property in the unannexed area shall be conducted by City, at City's expense, by an independent appraiser of ci ty' s selection. The parties recognize that in making such appraisal for "in lieu" payment purposes, such appraiser must of necessi ty appraise the entire (annexed and unannexed) Land, improvements, and tangible personal property. 2 Nothing herein contained shall ever be interpreted as lessening the authority of the Harris County Appraisal District to establish the appraised value of Land, improvements, and tangible personal property in the annexed portion, for ad valorem tax purposes. III. A. On or before April 15, 2001, and on or before each April 15th thereafter, unless an extension is granted in accordance with the Texas Property Tax Code, through and including April 15, 2007, Company shall provide City with a written description of its Land and all improvements and tangible personal property located on the Land as of the immediately preceding January 1st, stating its opinion of the Property's market value, and being sworn to by an authorized officer of the Company authorized to do so, or Company's duly authorized agent, (the Company's "Rendition"). Company may file such Rendition on a Harris County Appraisal District rendition form, or similar form. The properties. which the Company must render and upon which the "in lieu of" taxes are assessed are more fully described in subsections 1, 2, and 3 of subsection D, of this Paragraph III ( sometimes collectively called the "Property"); provided, however, pollution control equipment installed on the Land which is exempt from ad valorem taxation pursuant to the provisions of Sec. 11.31 of the Texas Property Tax Code is exempt from ad valorem taxation and "in lieu of taxes" hereunder. A failure by Company to file a Rendition as provided for in this paragraph, shall constitute a waiver by Company for the current tax year, of all rights of protest and appeal under the terms of this Agreement. B. As part of its rendition, Company shall furnish to city a written report of the names and addresses of all persons and entities who store any tangible personal property on the Land by bailment, lease, consignment, or other arrangement with Company ("products in storage"), and are in the possession or under the management of Company on January 1st of each Value Year, further giving a description of such products in storage. C. On or before the later of December 31, 2001, or 30 days from mailing of tax bill and in like manner on or before each December 31st thereafter, through and including December 31, 2007, Company shall pay to City an amount "in lieu of' taxes" on Company's Property as of January 1st of the current calendar year ( "Value Year"). D. Company agrees to render to ci t:y and pay an amount "in lieu of taxes" on Company's Land, improvements and tangible personal property in the unannexed area equal to the sum of: 1. Fifty-three percent (53%) of the amount of ad valorem taxes which would be payable to ci ty . if all of the Company's Land and improvements which existed on January 1, 2001, and each January 1 thereafter of the applicable Value Year during the term of this Agreement, (excluding amounts payable pursuant to subparagraph 2, below), had been within the corporate limits of City and appraised 3 each year by City's independent appraiser, in accordance with the applicable provisions of the Texas Property Tax Code; and 2. (a) On any Substantial Increase in value of the Land, improvements, and tangible personal property (excluding inventory) dedicated to new construction, in excess of the appraised value of same on January 1, 2000, resulting from new construction (exclusive of construction in progress, which shall be exempt from taxation), for each Value Year following completion of construction in progress, an amount equal to Thirty percent (30%) of the amount of ad valorem taxes which would be payable to city if all of said new construction had been within the corporate limits of City and appraised by City's independent appraiser, in accordance with the applicable provisions of the Texas Property Tax Code. (b) A Substantial Increase in value of the Land, improvements, and tangible personal property (excluding inventory) as used in subparagraph 2(a) above, is defined as an increase in value that is the lesser of either: i. at least Five percent (5%) of the total appraised value of Land and improvements, on January 1, 2000; or ii. a cumulative value of at least $3,500,000.00. For the purposes of this Agreement, multiple projects that are completed in a Value Year can be cumulated to arrive at the amount for the increase in value. (c) If existing Property values have depreciated below the Property value established on January 1, 2000, an amount equal to the amount of the depreciation will be .removed from the calculation under this subparagraph 2 to restore the value to the January 1, 2000, value; and 3. Fifty-three percent (53%) of the amount of ad valorem taxes which would be payable to ci ty on all of the Company's tangible personal property of. every description, located in an industrial district of City, including, without limitation, inventory, oil, gas, and mineral interests, items of leased equipment, railroads, pipelines, and products in storage located on the Land, if all of said tangible personal property which existed on January 1, 2001, and each January 1 thereafter of the applicable Value Year during the term of this Agreement, had been within the corporate limits of City and appraised each year by the City's independent appraiser, 4 in accordance with the applicable provisions of the Texas Property Tax Code. with the sum of 1, 2 and 3 reduced by the amount of City's ad valorem taxes on the annexed portion thereof as determined by appraisal by the Harris County Appraisal District. IV. This Agreement shall extend for a period beginning on the 1st day of January, 2001, and continuing thereafter until December 31, 2007, unless extended for an additional period or periods of time upon mutual consent of Company and City as provided by the Municipal Annexation Act; provided, however, that in the event this Agreement is not so extended for an additional period or periods of time on or before August 31, 2007, the agreement of City not to annex property of Company within the District shall terminate. In that event, City shall have the right to commence immediate annexation proceedings as to all of Company's property covered by this Agreement, notwithstanding any of the terms and provisions of this Agreement. Company agrees that if the Texas Municipal Act, Section 42.044, Texas Local Government Code, is amended after January 1, 1994, or any new legislation is thereafter enacted by the Legislature of the State of Texas which imposes greater restrictions on the right of City to annex land belonging to Company or imposes further obligations on City in connection therewith after the annexation of such land, Company will waive the right to require City to comply with any such additional restrictions or obligations and the rights of the parties shall be then determined in accordance with the provisions of said Texas Municipal Annexation Act as the same existed January 1, 1994. V. This Agreement may be extended for an additional period or periods by agreement between City and Company and/or its assigns even though it is not extended by agreement between City and all of the owners of all land within the District of which it is a part. VI. A. In the event Company elects to protest the valuation for tax purposes set on its said properties by City or by the Harris County Appraisal District for any year or years during the terms hereof, nothing in this Agreement shall preclude such protest and Company shall have the right to take all legal steps desired by it to reduce the same. Notwithstanding such protest by Company, Company agrees to pay to City on or before the date therefor hereinabove provided, at least the total of (a) the total amount of ad valorem taxes on the annexed portions, 'plus (b) the total amount of the "in lieu of taxes" on the unannexed portions of Company's hereinabove described property which would be due to City in accordance with the 5 foregoing provisions of this Agreement on the basis of renditions which shall be filed by Company. When the City or Harris County Appraisal District (as the case may be) valuation on said property of Company has been so finally determined, either as the result of final judgment of a court of competent jurisdiction or as the result of other final conclusion of the controversy, then within thirty (30) days thereafter Company shall make payment to City of any additional payment due hereunder based on such final valuation, together with applicable penalties, interests, and costs. B. Should Company disagree with any appraisal made by the independent appraiser selected by city pursuant to Article II above (which shall be given in writing to Company), Company shall, within twenty (20) days of receiving such copy, give written notice to the ci ty of such disagreement. In the event Company does not give such written notice of disagreement within such time period, the appraisal made by said independent appraiser shall be final and controlling for purposes of the determination of "in lieu of taxes" payments to be made under this Agreement. Should Company give such notice of disagreement, Company shall also submit to the city with such notice a written statement setting forth what Company believes to be the market value of Company's hereinabove described property. Both parties agree to thereupon enter into good fai th negotiations in an attempt to reach an agreement as to the market value of Company's property for "in lieu" purposes hereunder. If, after the expiration of thirty (30) days from the date the notice of disagreement was received by 'City, the parties have not reached agreement as to such market value, the parties agree to submit the dispute to final arbitration as provided in subparagraph 1 of this Article VI B. Notwithstanding any such disagreement by Company, Company agrees to pay to City on or before December 31 of each year during the term hereof, at least the total of (a) the ad valorem taxes on the annexed portions, plus (b) the total amount of the "in lieu" payments which would be due hereunder on the basis of Company's valuations rendered and/ or submitted to City by Company hereunder, or the total assessment and "in lieu of taxes" thereon for the last preceding year, whichever is higher. 1. A Board of Arbitrators shall be created composed of one person named by Company, one by City, and a third to be named by those two. In case of no agreement on this arbitrator in 10 days, the parties will join in a written request that the Chief Judge of the u.S. District Court for the Southern District of Texas appoint the third arbitrator who, (as the "Impartial Arbitrator") shall preside over the arbitration proceeding. The sole issue to be determined in the arbitration shall be resolution of the difference between the parties as to the fair market value of Company's property for calculation of the "in lieu" payment and total payment hereunder for the year in question. The Board shall hear and consider all relevant and material evidence on that issue including 6 expert op~n~on, and shall render its written decision as promptly as practicable. That decision shall then be final and binding upon the parties, subj ect only to judicial review as may be available under the Texas General Arbi tration Act (Chapter 171, "General Arbitration", Texas civil Practice and Remedies Code). Costs of the arbitration shall be shared equally by the Company and the city, provided that each party shall bear its own attorneys fees. VII. City shall be entitled to a tax lien on Company's above described property, all improvements thereon, and all tangible personal property thereon, in the event of default in payment of "in lieu of taxes" payments hereunder, which shall accrue penalty and interest in like manner as delinquent taxes, and which shall be collectible by City in the same manner as provided by law for delinquent taxes. VIII. This Agreement shall inure to the benefit of and be binding upon Ci ty and Company, and upon Company's successors and assigns, affiliates and subsidiaries, and shall remain in force whether Company sells, assigns, or in any other manner disposes of, either voluntarily or by operation of law, all or any part of the property belonging to it within the territory hereinabove described, and the agreements herein contained shall be held to be covenants running with the land owned by Company situated within said territory, for so long as this Agreement or any extension thereof remains in force. Company shall give City written notice within ninety (90) days, with full particulars as to property assigned and identity of assignee, of any disposition of the Land, and assignment of this Agreement. IX. If City enters into an Agreement with any other landowner with respect to an industrial district or enters into a renewal of any existing industrial district agreements after the effective date hereof and while this Agreement is in effect, which contains terms and provisions more favorable to the landowner than those in this Agreement, Company and its assigns shall have the right to amend this Agreement and City agrees to amend same to embrace the more favorable terms of such agreement or renewal agreement. X. The parties agree that this Agreement complies with existing laws pertaining to the subject and that all terms, considerations and conditions set forth herein are lawful, reasonable, appropriate, and not unduly restrictive of Company's business activities. Without such agreement neither party hereto would enter into this Agreement. In the-event anyone or more words, phrases, clauses, sentences, paragraphs, sections, articles or other parts of this Agreement or the application thereof to any person, firm, 7 corporation or circumstances shall be held by any court of competent jurisdiction to be invalid or unconstitutional for any reason, then the application, invalidity or unconstitutionality of such words, phrase, clause, sentence; paragraph, section, article or other part of the Agreement shall be deemed to be independent of and separable from the remainder of this Agreement and the validity of the remaining parts of this Agreement shall not be affected thereby. XI. Upon the commencement of the term of this Agreement, all other previously existing industrial district agreements with respect to said Land shall terminate. ENTERED INTO effective the 1st day of January, 2001. Ex T ex LQ porte t'/h:teJ PCtyhte~JJ,.'P ( COMPANY) By: f OSe Title: rin c. 0 7Q ~, Address: 30e E ><eloi1 woy,'7?ik' Pel''/" '1:ehn~ff S1uarEJ; p~ I Cf 3 '1J' fhcfle ~ GIO-7 bSr's72CJ ATTEST: _tjAJL/ ' C 1::, ret:a f APPROV D: , ./ ?/t~i,-/.7t/ ~'7t.-~ w. Askins Attorney of La Porte P.O. Box 1.21.8 La Porte, TX 77572-1218 By: li:::.OF LA P;;L rma~lone Mayor OF LA PORTE Phone: (281) 471-1886 Fax: (281) 471-2047 8 "EXHIBIT A" (Metes and Bounds Description of Land) See ~c-j,ecl ~ ;/ t. X 1-1It!J1'T It-I EXHIBIT " A-I" LEGAL DESCRIPTION OF THE PREMISES The tract of land described as follows: FIELD NOTES FOR 4.870 ACRES OF LAND OUT OF LOTS 40 AND 41 STRANG SUBDIVISION RECORDED IN VOLUME 75, PAGE 22 HARRIS COUNTY DEED RECORDS (H.C.D.R.) LOCATED IN THE ENOCH BRlNSON SURVEY, ABSTRACT NO.5, HARRIS COUNTY, TEXAS, SAID 4.870 ACRES OF LAND BEING OUT OF A CALLED 16.16 ACRE TRACT DESCRIBED IN DEED TO AIR PRODUCTS AND CHEMICALS, INC. RECORDED IN HARRIS COUNTY CLERK'S FILE (H.C.C.F.) NO. F599060, AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: (Bearings shown hereon are based on the Air Products monument system, holding monuments 1 & 5 as provided by Air Products.) , COMMENCING at a 5/8 inch iron'rod found at the intersection of the north line of Strang Road (60 feet wide) and the west line oeMiller Cut-Off Road (60 feet wide) both recorded in Volume 75, Page 22 H.C.D.R. for the soufl?east cOmer of a called 2.35 acre tract described as Tract "B" in deed to Air Products abd Chemicals, Inc. recorded under H.C.C.F. No. F088954; , THENCE South 89 deg. 58 min. 37 sec. West, along the north line of said Strang Road and the south line of said Tract "B" passing at 604.38 feet (call South 87 deg. 05 min. 17 sec. West, 604.00 feet per H.C.C.F. No.. F088954; call 602.57 feet per H.C.C.F. No. F599060) a 3/8 inch iron rod wlcap found at the common corner of said Tract "B" and said 16.16 acre tract in all a distance of 1350.02 feet; THENCE North a distance of 56.73 feet to a chain link fence corner found for the POINT OF BEGINNING and southeast corner of the herein described tract; THENCEwith said chain link fence the following courses and distances: West, 97.00 feet; North, 3.40 feet; West, 337.00 feet; North, 488.00 feet; East, 434.00 feet; South, 491.40 feet to the POINT OF BEGINNING. "EXHIBIT B" (Attach Plat reflecting the ownership boundary lines; a site layout, showing all improvements, including pipelines and railroads, and also showing areas of the Land previously annexed by the City of La Porte.) 5 F F (;1< H, ~I r ~ /) I) '....A.....'...... .......u...ll...-'..l. ,1.,-, I ";"'I.;~;;I<..' r- < i f4 .. ~ '" '" , ~"8 ~df3 .!l'. w " >w~ '!;:i "'>-u w"Z Z - 2~~ ~~i wag 15",~ f~~ I : !! d I"" ii Ii "illt ~!L II zij ii I'il ii -j! jI 'I iL !i 'I I: Ii !! , ji 1! 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U III . <( "':.:;.,"':': =.::.:::=. -:.:::::-- ~::;:=:':, ::="--:'.=.."'::.:::"'..:.= -..:-:::.=-::. =:::'::.=-.::. =-:''' ~ ~~=; .. ~ "EXHIBIT e" Page 1 of 2 RULES AND REGULATIONS Any portion of Land constituting a strip of land 100' wide and contiguous to either Fairmont Parkway, state Highway 225, or state Highway 146 shall be subject to the following rules and regulations pertaining to new signage, screening, driveways and median crossovers. These rules and regulations shall apply after the effective date of this Agreement when Company develops or constructs improvements on vacant Land described in Exhibit "A" which is adjacent to Fairmont Parkway, state Highway 225, or state Highway 146. 1. Any sign erected in said 100' strip of land shall be subject to the following provisions: . One freestanding identification sign shall be permitted for each side of an industrial establishment that fronts on an improved public right-of-way. . Freestanding identification signs for single tenant buildings shall not exceed 150 square feet in area. . One freestanding identification sign for identifying multiple businesses is allowable at the intersection of improved public rights-of-way. . Freestanding identification signs for multiple businesses shall not exceed 350 square feet. . Freestanding identification signs shall not exceed 45 feet in height. . Minimum setback for sign construction shall be ten (10) feet from property lines. 2. When Land adjacent to said 100' strip is developed, the initial 50' of said strip beyond any existing pipeline easement contiguous to either Fairmont Parkway, state Highway 225, or state Highway 146 shall be screened by one of the following techniques: a) Leaving in place existing trees, vegetation, underbrush, etc. to provide a thorough and effective visual screening of the development. Existing trees shall, together with other vegetation and underbrush, create a continuous visual screen. b) The use of earthen berms with approximately 3: 1 side' slopes, 50' wide at the base and 8' high. The berms may be landscaped with a combination of trees, shrubs, and ground cover. All berms and landscaping will be maintained by the property owners. "EXHIBIT e" Page 2 of 2 c) A screening plan, to be approved by the City, that includes a combination of trees, shrubs, and ground cover that after 5 years growth will be at least 20 feet in height and shall, together with shrubs and ground cover, create a continuous visual screen. Provided, however, in public utility easements or rights-of-way, the vegetation shall be installed and maintained in a manner which is acceptable to the public utility company, and does not interfere with the operation and maintenance of the pUblic utility facilities. For items band c above, the actual length of required screening along the roadway will be equal to the length of the new development that is parallel to the roadway. Screening shall not be required for new development that is to the rear of or behind existing facilities. In all cases the 50' strip, along the entire roadway frontage, shall be dedicated as a landscape easement and shall be kept free from any improvements except for approved driveway access and identification signs. For cases of new development or improvements where a 50 ' landscape easement is not available or practical, Company shall meet with City to determine a suitable landscaping alternative. 3. Driveways opening from said strip of land onto state Highway 225 or state Highway 146 shall be subject to the rules and regulations of the Texas Department of Transportation and provisions of the City's Code of Ordinances, whichever is more restrictive. Driveways opening from said strip of land onto Fairmont Parkway shall be subject to the rules and regulations of Harris County and provisions of the City's Code of Ordinances, whichever is more restrictive. 4. Driveways opening from said strip of land onto Fairmont Parkway shall be approved by the City and may require the installation of separate acceleration/deceleration lanes. 5. Installation of a median crossover on Fairmont Parkway shall be subject to the approval of both Harris County and City. Hartis County Appraisal District e .' ' ~~l Forrr. 1.111 E(3/02) · .... Informallntervh..)1 Settlement Form TaxYear :2. 00 2. Property OWner's Name E' Mailing Address '300 City, State, ZIP + 4 K~~H'\ ;--1: Daytime Telephone Number (area 610- 65- "7 1. Have you been employed by the Harris County Appraisal District within the current or three preceding calendar years? 2. Is the property currently for sale? . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . , , . . . . . . . , . . . . . , , . . , , . . . . . . . . . . . , . . . . . . 3. Is the account noticed? . , . . . . . . . . , . . , . . . , . . . . . , . , . . . . , . . . , , . . . . . . . . . . . . . . . . . . . , , , . . . . . . . . , . . . . . . . . . , . . . . . . . . . 4. Give the following information for the last known sale of the property. a. Owner Name L [:I<~/vV\ I C13 5. Owner's Comments: I VC\ ve 6. Appraiser's Comments: f) f1 . GG\Vl? oJlOt'.t'D...... 7. DecisionlDetermination: ::c NOTE: ENTER RESIDENllAL CAP IN "APPRAISED" 9. INITIAL VALUE Appraised a. Land b. . Improvement c. Total Market d. AgricUturaVRestricted Value 8. Personal Property -...f.~2s~mBti?'" tJmstd .... r.hA,.....o1l8 '\, _._:::~~ D :2.0 % Vet 1 % % Vet 2% 11. Agreement--Prior to Notice HeAD Account Number 664:2..;(3o<JOO ACAD Number s 3-k; Agenfs Name and Code, if any . E, !px J.". ",V'-1-(> 1.Yes D N00 2.Yes D NoC81 3.Yes @ NoD I b. Sale Price Ic, Sale Date _ 101'\. gve 1..<..) oS c,1$ 8. Check for No Change 10.!;~TTLED VALUE ..Lind b. Improwment c. Total d. AgriculturallRestricted Value e. Personal Property f. Exemption Hmstd D Appraised Ma~ket .......:;, .~ % Vet 1% % Vet 2"10 I agree to the action recommended above and waive my notice of appraised value and right to protest for the above tax year. I understand that the settled value set for the above will be final and not subject to further protest or appeal should the chief appraiser approve the agreement. I understand that I will be notified and will have an opportunity to protest in the event the agreement is not approved. ~ 12. Agreement--After Notice I agree to the action recommended above. I understand that the settled value set forth above will be final and not subject to further protest or appeal should the chief appraiser approve the agreement. Contingent upon that approval I withdraw my protest, if applicable, and waive my right to further proceedings. I understand that I will be notified and will have an opportunity to pursue my protest to the appraisal review board, if applicable, in the event the agreement is not approved. I disagree with the value proposed by the district and therefore request that the appraisal review board ac:cept this as my official notice of protest and sched41e my account for a formal hearing. 14. Check if in Agreement I understand that this settlement will be sent to all appraisal districts responsible for appraising the subject property(ies). I furthermore agree that this settlement will be final as to those appraisal districts should they ratify this settJement. Accordingly, I waive any right to appeal in the follOwing appraisal district(s): D 13. No Agreement ~ I own the property above or the owner has authorized me to represent the property. I affirm under penalty of law that the information and documents I have presented to representatives of the Harris County Appraisal District are true and correct I understand that all such documents shall become part of a government record. Signature of OwnerlRepresentalive p~ J IV l I PI} (... rn X /JVv /rL y ST Date E X/[ X ~ /JOr<. TE L- SUpeM~ # aiser 1l L Q- lot.{ 't , N te: Keep this cop for your records. You will receive no further notice from us unless the chief appraiser disapproves this settlement 7 2" - 02- Chief Appraiser By Date HarTis County Appraisal District e r ." ~~~ Form 1.111E(3I02) · .'" Informallntervk....v Settlement Form axYear :2. 0 u 2. Property Owner's Name ~ ~ Mailing Address 3. 00 City, State, ZIP + 4 K l'" ~H\ -t-t: Daytime Telephone Number (area 610- 65- I 1. Have you been employed by the Harris County Appraisal District within the current or three preceding calendar years? 2. Is the property currently for sale? . . . , , . . . . . . . . . . . , . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , , . . , . . . . , . . . , . . . . . , 3. Is the account noticed? . . . . . . . . . . . . . , . . . , . . , . , , . , , . . . . . . . . , , . . . . . . . . . , . . . . . . . . , , . . . . , . . . . . . . . , . . . . . . . . . . . . . . . 4. Give the following information for the last known sale of the property. a. Owner Name L /: l( ~ I () V\ I C13 5. Owner's Comments: I Vc... ve 6. Appraiser's Comments: f) (J . Go.vc? CA,JlJ('.t'D..... 7. DeclsionlDetermination: r NOTE: ENTER RESIDENTIAL CAP IN "APPRAISED" 9. INITIAL VALUE Appraised -t o\.:) Market a. Land b.lmpmvement c. Total d. AgriculturaVRestricted Value ::z.o e. Personal Property ,_t.~mptiort Hmsld" .. l'..h. ""Ar ',':j;,b~'\ _:~~ D % Vet'1 % % Vet 2% 11. Agreement--Prior to Notice HCAD Account Number 664 '2.;<'3 OOOe) ACAD Number s 3-\,v Agenfs Name and Code, If any . E.... Ipx A r. vV'-l-E' 1.Yes D No~ 2.Yes D No~ 3.Yes ~ NoD I b. Sale Price Ic, Sale Date _ 10"'- ~ve 'L<.J .s c, ~" 8. Check for No Change 10.S~ED VALUE ..land b. Improvement C. Total d. AgrlculturallRestricted Value e. Personal Property f. Exemption . Hmstd D Appraised Mar,ket _..,:' % Vet 1% % Vet 2% I agree to the action recommended above and waive my notice of appraised value and right to protest for the above tax year. I understand that the settled value set for the above will be final and not subject to further protest or appeal should the chief appraiser approve the agreement I understand that I will be notified and will have an opportunity to protest in the event the agreement is not approved. ~ 12. Agreement--After Notice I agree to the action recommended above. I understand that the settled value set forth above will be final and not subject to further protest or appeal should the chief appraiser approve the agreement. Contingent upon that approval I withdraw my protest, if applicable, and waive my right to further proceedings. I understand that I will be notified and will have an opportunity to pursue my protest to the appraisal review board, if applicable, in the event the agreement is not approved. I disagree with the value proposed by the district and therefore request that the appraisal review board a6cept this as my official notice of protest and schedl!.le my account for a formal hearing. 14. Check if in Agreement I understand that this settlement will be sent to all appraisal districts responsible for appraising the subject property(ies). I furthermore agree that this settlement will be final as to those appraisal districts should they ratify this settlement. Accordingly, I waive any right to appeal in the follOwing appraisal district(s): I own the property above or the owner has authorized me to represent the property. I affirm under penalty of law that the information and documents I have presented to representatives of the Harris County Appraisal District are true and correct I understand that all such documents shall become part of a government record. D 13. No Agreement [Xl p~} IV (. I PI) /-. Ti'7x /jvY ITL. 'ysr E Xn.x J.c;;I fJOfZ TEL- Supervisor # 7 - 2C ~ 02- f. ~ 0- I () LI 't , N te: Keep this cop for your records. You will receive no further notice from us unless the chief appraiser disapproves this settlement Signature of OwnerlRepresentative Date Chief Appraiser By Date e e Robert J. Huston, Chairman R. B. "Ralph" Marquez, Commissioner Kathleen Hartnett White, Commissioner Jeffrey A Saitas, Executive Director ~ Of:l;'(} V- "S IICoIO TEXAS NATURAL RESOURCE CONSERVATION COMMISSION Protecting Texa~qlfcJ.OO2nd Preventing Pollution EX TEX LAPORTE LP JOSEPH F GEIGER JR 300 EXELON WAY KSB3-W KENNETT SQUARE P A 19348 This letter is to inform you that on 05/11/02 the technical review of Use Determination Application, 01-6287, for: EX TEX LAPORTE LP EXELON EX TEX LAPORTE GENERATION IN AIR PRODUCTS PLANT LA PORTE TX was completed. The use determination is included with this letter. In order to request an exemption, a copy of this Use Determination, along with a completed exemption request form, must be provided to the Chief Appraiser of the appropriate appraisal district. This request must be made by May 1. House Bill 3121, enacted during the 77th Legislative Session, established a process for appealing a use determination. The Texas Natural Resource Conservation Commission has developed rules to implemenUheappeals process. These rules are located atJOTAC 17.25. By statute an appeal must be filed within 20 days of receipt of the use.determination.- If you have any questions or require any additional information please contact the Tax Relief for Pollution Control Property Program at (512) 239-6348. Sincerely, ~ J fldJI;!- Ronald L. Hadett Tax Relief for Pollution Control Property Program P.O. Box 13087 · Austin, Texas 78711-3087 · 512/239-1000 · Internet address: www.tnrcc.state.tx.us printed on recycled paper using soy.based ink e e Robert J. Huston, Chairman R. B. "Ralph" Marquez, Commissioner Kathleen Hartnett White, Commissioner Jeffrey A. Saitas, Executive Director JfO Rec'd ~ ItCoIO "J- TEXAS NATURAL RESOURCE CONSERVATION COMMISSION UStEnJ)xEbTERMmATufoN The Texas Natural Resource Conservation Commission has reviewed Use Determination Application, 01-6287, filed by: EX TEX LAPORTE LP EXELON EX TEX LAPORTE GENERA nON IN AIR PRODUCTS PLANT LA PORTE TX The pollution control property/project listed in the Use Determination Application is: Installed the following: two continuous emission monitoring systems; 4 Dry Low NOx Combustion Systems for GE Heavy-Duty Turbines; and demisters. The outcome of the review is: A positive use determination of 100% for the two continuous emission monitoring systems; 4 Dry Low NOx Combustion Systems for GE Heavy-Duty Turbines; and the demisters. This equipment is considered to be pollution control equipment and was installed to meet or exceed federal or state regulations. ~-AC , Executive Director 5/11/2002 Date P.O. Box 13087 · Austin, Texas 78711-3087 · 512/239-1000 . Internet address: www.tnrcc.state.tx.us printed on recycled paper using soy-based ink e . TAX RELIEF FOR POLLUTION CONTROL PROPERTY PROGRAM TECHNICAL REVIEW DOCUMENT Reviewed By: Ron Hatlett Facility Name: Ex Tex LaPorte LP Review Start Date: May 8, 2002 App. Num.: 01- 6287 . TIER LEVEL What Tier is this application? Is it the appropriate Tier? The application was filed as a Tier I application. The items listed on the application are PEL listed items. This application is correctly filed as Tier I. RELEVANT RULE, REGULATION, OR STATUTORY PROVISION Does the application cite the specific rule, regulation, or law being met or exceeded by the installation ofthat property? The applicant'30 T AC 117. The is an appropriate rule. I.. DESCRIPTION OF PROPERTY Description: Is an adequate description and purpose of the property provided? Does it list the anticipated environmental benefits? Are sketches and flow diagrams provided if needed? The property is described as: Installed the following: two continuous emission monitoring systems; 4 Dry Low NOx Combustion Systems for GE Heavy-Duty Turbines; and demisters. The description is adequate. The purpose of the property and the environmental benefit is included. DECISION FLOWCHART Does the application list each piece of property and its exit point from the flow chart? List each piece of property and its exit point from the flow chart. Does your list agree with the applicants? Property Box 3 Box 5 Boxes 6, 8, 10 "- two continuous emission monitoring systems; 4 Dry Yes Yes Item is on the PEL Box 6. Low NOx Combustion Systems for GE Heavy-Duty Turbines; and demisters TIER ill APPLICATIONS Did the applicant use the Cost Analysis Procedure? Recalculate the CAP. Does your calculation agree with the applicants? Attach a copy of your CAP worksheet to this document. Nt A PROPERTY CATEGORIES AND COSTS Is the table completed correctly? Has the applicant certified that all listed property became taxable for the first time after January 1, 1994? Is all information necessary for conducting the technical review included. The table is completed correctly. The applicant has certified that the property was not taxable before I/O 1 /94. All of the information needed to begin a technical review has been provided. TECHNICAL REVIEW Is the application technically complete? If the answer is no, what is missing? Provide the language used in the NOD letter. )fyes then develop the use determination language. . The application, as received, is technically complete. e NOD RESPONSE Is response adequate? Is the application now technically complete? Nt A FINAL DETERMINA nON Provide ,the reason for your determination. The listed property: continuous emission monitoring systems; Dry Low NOx Combustion Systems for GE Heavy-Duty Turbines; and demisters, are located on the predetermined equipment list. Provide the language for the final determination. A positive use determination of I 00% for the two continuous emission mC?nitoring systems; 4 Dry Low NOx Combustion Systems for GE Heavy-Duty Turbines; and the demisters. Reviewed by: /?-w.4' 4/ ~/ 4!d- Date: .s~~~ Ex Tex LaPorte, Limited Partnership 300 Exelon Way, KSB3-W Kennett Square, PA 19348 (610) 765-5700 April 29, 2002 Hugh L. Landrum, Jr., President Hugh L. Landrum & Associates, Inc. 1200 Aerospace Avenue, #106 Houston, Texas 77034-5567 Re: 2002 Harris County Personal Property Tax Via Fax (281) 484-7272 Dear Hugh: Please find below Ex Tex LaPorte, Limited Partnership's business personal property rendition of taxable property located at the Stang Subdivision in the Enoch Brinson Survey (Abstract'5) in LaPorte, Harris County, Texas (Air Products and Chemicals, Inc. plant): '. . Estimated Year Life . Description Cost Market Value Acquired Expectancy 4 GE Turbines/Pipeline 38,248,100 9,148,946 2001 15 Yrs Turbine Blades 5,683,981 . 1,330,052 2001 10 Yrs Transformers 1,679,186 401,661 2001 15 Yrs Spare Parts 2,600,000 621,920 2001 15 Yrs Machinery & Equipment 277,286 66,327 2001 15 Yrs Metal Building 123,900 29,637 2001 20 Yrs Office Furniture 1,500 351 2001 15 Yrs Office Supplies 100 100 2001 1 Yr Total 48,614,053 11,598,993 The plant is a peaker plant consisting of 4 GE 6B simple cycle units that went on-line in July 2001. The project was started during a period of high prices for energy and big demand in an overbuilt market. The units produced 28,510 MW of which 26,310 MW went to the grid. The project was expected to send approximately 108,000 MW to the grid with fuel costs that were projected to be a lot less than their actual cost. The plant operated at 26% of projected capacity. Due to current depressed energy prices, it is expected that the plant will operate aVor about the same level as 2001. Therefore, I am requesting an adjustment for economic obsolescence. Please refer to the attachments to support my Estimated Market Value. Could you please provide me with the information necessary to enter an Industrial District Agreement? Please feel free to call me to discuss. My telephone number is 610-765-5729. Sincerely, (l ,.., J-tj.. I' I...----'JV" ,~ --~__~~__~;.;.<~ .<1 j /" /1 Joseph F. Geiger, Jr., Esq., CPA Principal Tax Analyst Attachments EX TEX LAPORTE PROPERTY TAX - 2002 HARRIS COUNTY, TX JFG 04/29/2002 Physical Economic Economic Depreciation Physical Adjusted Adjustment Adjusted Description Life ~ Bate Depreciation ~ .% .'iaIue 4 GE Turbines/Pipeline 15 YR 38,248,100 0.08 3,059,848 35,188,252 26% 9,148,946 Turbine Blades - 4 units 10YR 5,683,981 0.10 568,398 5,115,583 26% 1,330,052 Transformers 15YR 1,679,186 0.08 134,335 1,544,851 26% 401,661 Spare Parts 15YR 2,600,000 0.08 208,000 2,392,000 26% 621,920 Air Products/Mach & Equip 15 YR 277,286 0.08 22,183 255,103 26% 66,327 Office/Warehouse/Maint Bldg 20YR 123,900 0.08 9,912 113,988 26% 29;637 Office Furniture 7YR 1,500 0.10 150 1,350 26% 351 48,613,953 4,002,826 44,611,127 11,598,893 EX TEX LAPORTE PROPERTY TAX - 2002 HARRIS COUNTY, TX POLLUTION CONTROL PROPERTY (TAX EXEMPT) JFG 04/29/2002 Description Demisters - used to remove oil liquid droplets from gas streams (4 units at $10,000 = $40,000 per P. Weeks) 40,000 Continuous Emissions Monitoring System - installed cost (purchased from Air Products, source: D. Wusinich letter dated 2/28/01) 484,000 DLN 1 combustors for NOX control (4 units @ $961,000) (purchased from GE, source: P Weeks e-mail dated 4/23/02) 3,844,000 DLN 1 Spare parts (source: P. Weeks e-mail dated 4/23/02 wi spreadsheet) 1,731,774 Total 6,099,774