Loading...
HomeMy WebLinkAboutO-2020-IDA-34 Lycra Company ORDINANCE NO. 2020-IDA-34 AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE, TEXAS OF AN INDUSTRIAL DISTRICT AGREEMENT WITH THE LYCRA COMPANY, A KANSAS LIMITED LIABILITY COMPANY, FOR THE TERM COMMENCING JANUARY 1, 2020, AND ENDING DECEMBER 31, 2031; 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, TEXAS: Section 1The LYCRA Company, a Kansas limited liability company has executed an industrial district agreement with the City of La Porte, Texas, for the term commencing January 1, 2020, and ending December 31, 2031. 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, Texas, be and they are hereby, authorized and empowered to execute and deliver on behalf of the City of La Porte, Texas, 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 28th day of October, 2019. CITY OF 1' 'OR , TEXAS A \Louis - . Rigby, M. ATTEST: Le: oodward, City Secretary APPROVED AS TO FORM: Clark T. Askins, Assistant City Attorney NO. 2020 IDA:tla> ' STATE OF TEXAS ' COUNTY OF HARRIS INDUSTRIAL DISTRICT AGREEMENT This AGREEMENT made and entered into by and between the CITY OF LA PORTE, TEXAS, a municipal corporation of Harris County, Texas, hereinafter called "CITY., and The LYCRR C,Omixkin LL . a i mittd IiQbi(►t►l Cor►1Qanu ci on, hereinafter called "COMPANY" , J WITNESSET 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 WHEREAS, Company is the owner of land within a designated Industrial District of the City of La Porte, said land being legally described on the attached Exhibit "A" (hereinafter "Land") ; and said Land being more particularly shown on a plat attached as Exhibit "B" , which plat describes 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; 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 City referred to above, City and Company hereby agree with each other as follows: 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 City' s selection. The parties recognize that in making such appraisal for "in lieu" payment purposes, such appraiser must of necessity appraise the entire (annexed and unannexed) Land, improvements, and tangible personal property. 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. The properties upon which the "in lieu of" taxes are assessed are more fully described in subsections 1, 2, and 3 of subsection C, 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. Property included in this Agreement shall not be entitled to an agricultural use exemption for purposes of computing "in lieu of taxes" hereunder. B. On or before the later of December 31, 2020, or 30 days from mailing of tax bill and in like manner on or before each December 31st thereafter, through and including December 31, 2031, Company shall pay to City an amount of "in lieu of taxes" on Company' s Property as of January 1st of the current calendar year ("Value Year") . C. Company and City agree that the following percentages ( "Percentage Amount" ) shall apply during each of the Value Years: Value Year 2020 : 64% Value Year 2021: 64% Value Year 2022 : 64% Value Year 2023 : 64% Value Year 2024 : 64% Value Year 2025 : 64% Value Year 2026: 64% Value Year 2027 : 64% Value Year 2028 : 64% Value Year 2029 : 64% Value Year 2030: 64% Value Year 2031: 64% Company agrees to pay to City an amount of "in lieu of 3 Thirty (30%) valuation for any additional Value Years beyond Value Year 2022, for a total of six (6) Value Years. (b) Application of the thirty percent (30%) "in lieu" rate for Substantial Increase in value of the Land, improvements, and tangible personal property dedicated to new construction is limited to new construction purposed for or related to manufacturing and processing uses. In no case shall Company be entitled to application of the thirty percent (30%) "in lieu" rate for Substantial Increase in value of the Land, improvements, and tangible personal property dedicated to new construction where the new construction is purposed for or related to uses for warehousing, storage, distribution, and/or general freight trucking and transportation, as well as general commercial uses, such as truck stops, rental facilities, or repair shops. (c) 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, 2019; 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. (d) If existing Property values have depreciated below the Property value established on January 1, 2019, 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, 2019, value; and 3 . Percentage Amount of the amount of ad valorem taxes which would be payable to City on all of the Company' s tangible personal property of every description, located in an industrial district of City, including, without limitation, inventory, (including inventory in a federal Foreign Trade Zone and including Freeport exempted 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, 2020, and each January 1 thereafter of the applicable Value Year during the term of this Agreement, 5 • 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 Local Government Code Section Chapter 42 . 044 "Creation of Industrial District in Extraterritorial Jurisdiction" , or Texas Local Government Code Chapter 43 "Municipal Annexation" , is amended, 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 laws as the same existed on January 1, 2019. 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, and except as otherwise provided in Article VI (B) , Company agrees to pay to City on or before the date therefore 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 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, or City shall make payment to Company of any refund due, as the case may be, 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, 7 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 City 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 any one or more words, phrases, clauses, sentences, paragraphs, sections, articles or other parts of this Agreement or the application thereof to any person, firm, 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 . 9 T ST: i-) CITY O ,•% E, " .S -it, 41 Q� BY: AgriCit Secretary Lpuis R. Rigb ff Mkyo APPROVED: /. BY: 4 �y Knox W. Askins , �'*- C. . Alex.nder City Attorney City Manager( City of La Porte P.O. Box 1218 CITY OF LA PORTE, TEXAS La Porte, TX 77572-1218 604 West Fairmont Parkway 281.471 . 1886 La Porte, TX 77571 281.471 .2047 fax knoxaskins@comcast.net 1Ea ASOS STATE OF TEXAS ' COUNTY OF 5- ' SCctci .�:cam-. This instru nt was ckno ledged before on then day of -1G M b(r, 2 01 L e'by o frorri S rm , " i req re C"f�'S*Sec rar8_ of -�� LN/Cefa- c en, a /-irxi4rc� oe e a-on, on behal of said entrty.) ` LLc LA a h; r. Pc+-ft Notary Public, State of xei�s. A&C}S SUSAN RANDALL NorARYA NOTARY PUBLIC STATE OF KANSAS =� �= MY COMMISSION EXPIRES ANSAE 11 "EXHIBIT A" (Metes and Bounds Description of Land) 13 Legal Description Being a 24.2326 Acre tract out of the Enoch Brinson Survey in Harris County, Texas and being a portion of a called 792.154 Acre tract described in a Deed to Dupont recorded in Volume 1318, Page 364 and a portion of a called 40.0 Acre tract described in a Deed to Dupont recorded in Volume 1318, Page 444, of the Deed records in Harris county, Texas, said 24.2326 Acre tract being more particularly described by metes and bounds as follows: COMMENCING at a 1" brass rod found designated as plant Control Point 1 (plant grid coordinates N = 4400.00, E = -3580.00), from which a 1" brass rod found designated as plant Control Point 2 (plant grid coordinates N = 3799.83, E = -3850.00) bears South (basis of bearings) 600.20 feet in the centerline of Sixth Street, a Dupont Plant road; thence N.09°28'41"W., a distance of 300.17 feet to a 6 feet high chain link perimeter fence corner on the north side of Avenue A, a Dupont Plant road and the POINT OF BEGINNING, thence N.00°20'48"E., a distance of 319.54 feet to a found chain link fence post; thence N.87°45'22"W., a distance of 70.20 feet to a found chain link fence post; thence N.00°20'48"E., a distance of 30.00 feet to a found chain link fence post; thence S.87°45'22"E., a distance of 70.20 feet to a found chain link fence post; thence N.00°20'48"E., a distance of 338.41 feet to a found chain link fence post;thence S.87°54'06"E., a distance of 230.31 feet to a found chain link fence post; thence S.82°14'08"E., a distance of 141.70 feet to a found chain link fence post; thence S.76°34'10"E., a distance of 109.64 feet to a found chain link fence post; thence S.71°38'45"E., a distance of 109.24 feet to a found chain link fence post; thence S.60°54'46"E., a distance of 103.71 feet to a found chain link fence post; thence S.57°46'14"E., a distance of 153.15 feet to a found chain link fence post; thence S.46°41'07"E., a distance of 99.40 feet to a found chain link fence post; thence S.38°44'02"E., a distance of 133.63 feet to a found chain link fence post; thence S.44°30'47"E., a distance of 58.54 feet to a found chain link fence post; thence S.19°05'30"E., a distance of 70.23 feet to a found chain link fence post; thence S.10°46'24"E., a distance of 50.07 feet to a found chain link fence post; thence S.00°36'16"E., a distance of 279.56 feet to a found chain link fence post; S.20°46'08"E., a distance of 84.21 feet to a chain link fence post; thence S.15°28'25"E., a distance of 109.65 feet to a found chain link fence post; thence S.14°39'37"E., a distance of 119.38 feet to a found chain link fence post; thence S.88°42'40"W., a distance of 73.27 feet to a found chain link fence post; thence S.07°29'45"E., a distance of 19.35 feet to a calculated point in a 6' chain link fence; thence West, a distance of 383.45 feet to a calculated point; thence South, a distance of 149.36 feet to a calculated point; thence West, a distance of 200.49 feet to a calculated point; thence North, a distance of 26.20 feet (L1) to a calculated point; thence West, a distance of 23.00 feet (L2) to a calculated point; thence South, a distance of 26.20 feet (L3) to a calculated point; thence West, a distance of 16.50 feet (L4) to a calculated point; thence North, a distance of 24.40 feet (L5) to a calculated point; thence West, a distance of 20.50 feet (L6) to a calculated point; thence South, a distance of 24.40 feet (L7) to a calculated point; thence West, a distance of 34.51 feet (L8) to a calculated point; thence North, a distance of 209.36 feet to a calculated point; thence West, a distance of 272.00 feet to a calculated point; thence North, a distance of 401.62 feet to a calculated point; thence West, a distance of 105.65 feet to the POINT OF BEGINNING. Containing 1,055,730 square feet or 24.2326 acres, more or less. KC-1176613-1 • • ' - - --— ' . . • - ii: - 711111111 -1.1 1. ..) 1 mmintii 1 r k -. 1,. .... ...- , ----- - sH_IIIIIIIVESV-7,4imiL_. . . i _.,_. 1 , 1 . . r i . . • --.... ---. . r'; ----'--;-', '•::----, 66..._,...—_-_-_.------...,:a.f- '. . . ail II EIMINII 1 meigirt, ,i ! . . 1, ki f i ---1 ,..n ,,11.IIIII 1 , ' •: ._4_._..___ ....2i rig, : _ r ,.., .1 . , ._._• ?, . ,. rlIPIMii , „ _ t, Neil 4 )1 i ? xi.1 .Ago:5,i_01 . Lumpli, 1 11111'". h t, , ._,I , . . . _I • 4,7-- i',... . ' .. , . . . . , •' -7'ner'" ..r.r.sc...r_a _......___. '":-"''"'""" • ite.i'4'12.''.2'_'-'=:-,-2=-_,: ___........ -.. s,..,...esi_Va qv', I ''-i ,....r. :.:11a117--------= ' ./ii ' ' . o 41-r!(111!!1,1111-111H11,-1'11.'1 '1 .-1----;:)).'1 ..111"1181111gr--0-31. :rit-Iii,Ill 1141 .91---17. i_, • ' : ., e It 3 1 •' :1 . • ii ... I 0 ® 'W.pliiiliIIIMIIRiiilililiff4i#WJ„ .,maiiii-,-, • I 0 _, _ _• . ... \ // • . . o _ .. r - // • U - , •F- , " ' I i---- - 1111 III 1_,,i; l' , Plr , .. .,lirT, ±-.........7.411/4'iff.F.----- (:-.... IT __., ,, -,..-- • • fo.,,,, _ pi ,,1-atia. . Nr....iiir..... ..../ ;111051 01 17,413'ii.017.4.1,11111111 ,Li i r '-•,,, i ri. T _.‘ - .,, °' ) , c- ./(4,. . '2/ 4 . . ._ ?-• -.1 . ill ' 'I .-mgrAMIU - •• •...... r 7 . .1 ',--: - 1 ,......e ...„.._, ...- - ../ . - .. . I--' - ---' e"' ....,...-' ' . / . ,"i' .--' . '..J.--r- ' ; / / ! • / / if ...r;-i•- \ : . \ , . • .., . \ / :'.•-• . . .' \ ' ‘ / , ..t 't-: ! • , '.- \ --•-•::::, / , .,..—. / ',';',\: \:•-•,-...../ 1 \ ‘....„, , , . . :•-'I ._ I • .. II ' I \ . '...:._ 1-.. % . • , 4.. • , ..‘1-- • \ I.a ' • , - - ASO ,.. ' ".. i . , i.: - . .'• . , ' ' • -,.- . ...'.. • ' : 1 . . 1 . .. .,. , • .. ____ ____._._. 'H' f '';.'.:. -: • • I i i ; ... . . •-• . ' '.'"SC.? • I . g - .,•r- •- • 7:''.-.;''..,'. -,, • • I ,..'i=•'' *•' '.:. , ' I . . . . , ,.. . . 1 "EXHIBIT C" Page 1 of 3 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, as well as the stacking of intermodal shipping containers. 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 . Intermodal shipping containers (including by not limited to freight and tank containers) shall be permitted to be stacked only to a maximum of two (2) containers in height in the said 100' strip. In those instances where shipping containers are placed within the said 100' wide strip, the screening requirements established in paragraph 3 immediately below shall apply. 3 . 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, 15 "EXHIBIT C" Page 3 of 3 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. 5 . 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 . 6 . Installation of a median crossover on Fairmont Parkway shall be subject to the approval of both Harris County and City. 17