Title
Consideration of and action on an ordinance correcting the ending effective date approving certain industrial district agreements; providing for execution; providing severability; and declaring an emergency.
Body
Summary:
In 2014, the City of Deer Park and local industry officials negotiated a new Industrial District Agreement for all properties located in the City’s extra territorial jurisdiction. This agreement runs for a twelve (12) year period, beginning January 1, 2015 and concluding December 31, 2026. While these dates were stated accurately in the signed industrial district agreements, the Ordinances used to adopt said agreements on behalf of the City incorrectly listed the agreements’ termination date as December 31, 2027. These Ordinances included Ordinance Numbers 3696, 3705, 3708, 3712, 3865, 3866. Affected industries include BKTT Development LLC, Independence Business Park LLC, ITC Momentive Specialty Chemicals Inc., Evonik Oil Additive USA Inc., Trimac Transportation Inc., and Valvoline. With this action, Council is adopting a new Ordinance correcting the effective date (making it December 31, 2026) listed in each of these previously adopted ordinances.
Fiscal/Budgetary Impact:
N/A
Recommended action
Approval is recommended.