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ORDINANCE NO. 2DD7-IDA-25
<br />AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTS OF AN
<br />INDUSTRIAL DISTRICT AGREEMENT WITH EQUISTAR CHEMICALS, LP, A DELAWARE
<br />CORPPOTATION FOR THE TERM COMMENCING JANUARY 1, 200$, AND ENDING
<br />DECEMBER 31, 2D19, MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO
<br />THE SUBJECT, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND
<br />PROVIDING AN EFFECTIVE DATE HEROF.
<br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTS:
<br />Section 1. Equistar Chemicals LP, a Delaware Corporation has executed an industrial
<br />district agreement with the City of La Porte, for the term commencing January 1, 2x08, and
<br />ending December 31, 2019, a copy of which is attached hereto, incorporated by reference
<br />herein, and made a part hereof for all purposes.
<br />Section 2. The Mayar, the Assistant City Manager, the City Secretary, and the City
<br />attorney of the City of La Porte, be and they are hereby, authorized and empowered to execute
<br />and deliver an behalf of the City of La Porte, the industrial district agreement with the
<br />corporation named in Section 1 hereof.
<br />Section 3. The City Council officially finds, determines, recites, and declares that a
<br />sufficient written notice of the date, hour, place and subject of this meeting ofi the City Council
<br />was posted at a place convenient to the public at the City Hall of the city for the time required by
<br />law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas
<br />Government Code; and that this meeting has been open to the public as required by law at all
<br />times during which this ordinance and the subject matter thereof has been discussed,
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<br />such written notice and the contents and posting thereof.
<br />Section 4. This Ordinance shall be effective from and after its passage and approval, and it is
<br />so ordered.
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