II. *CLOSED MEETING (EXECUTIVE SESSION) In Order To Comply With The Requirements Of Section 551.101 Of Chapter 551 (Open Meetings Law) Of The Texas Government Code [Formerly Article 6252-17, Section 2(a)], Prior To Going Into Closed Meeting The Presiding Officer Of The City Should Make The Following Public Announcement: "A Closed Meeting Or Executive Session Will Now Be Held Pursuant To The Following Sections Of Chapter 551 Texas Government Code": Section 551.071 - Litigation And/Or Legal Advice Section 551.072 - Land Section 551.073 - Negotiated Contracts For Prospective Gifts To The City Section 551.074 - Personnel Section 551.076 - Security Personnel Or Devices Section 551.087 - Deliberations Regarding Economic Development Incentives Closed Meeting: (1) Section 551.071 Government Code - To Discuss With The City Attorney Pending Litigation With K. H. Dugas And K. H. Dugas Construction, Inc. (2) Section 551.072 Government Code - To Discuss The Value Of Land In The City's Extraterritorial Jurisdiction (ETJ) (3) Section 551.087 Government Code - To Discuss Incentives For Commercial, Residential, And/Industrial Business Prospects Regarding A Retail Development Near Memorial Boulevard And Highway 365 *The Items In Executive Session May Be Discussed And Acted On In Open Session III. Adjournment
REPORTS (1) Report On Remediation And Interim Repairs At 501 Procter Street, Port Arthur, Texas (2) Report On Status Of New Market Tax Credit Financing To Fund Construction Of Improvements At 501 Procter Street, Port Arthur, Texas (3) Discuss The New Market Tax Credit Financing Timetable Including Site Plans, Construction Changes And The Guaranteed Maximum Price Contract With Spaw Glass, Inc. For The Improvements To The Property At 501 Procter Street
P.R. No. 17834 - A Resolution Authorizing The City Of Port Arthur Section 4A Economic Development Corporation To Execute A Loan To Facilitate The Financing Of The Improvements To The Property At 501 Procter Street And To Authorize New Market Tax Credit Leverage Loan Documents Necessary To Facilitate Funding Construction Of The Improvements At 501 Procter Street
(2) P.R. No. 17835 - A Resolution Authorizing The City Of Port Arthur Section 4A Economic Development Corporation To Convey Title To The Property At 501 Procter Street To 501 Procter Street, Inc., Authorizing The Assignment And Assumption Of Certain Contractual Obligations Undertaken Pursuant To The New Market Tax Credit Financing For The Improvements At 501 Procter Street And Authorizing A Master Lease Agreement With 501 Procter Street, Inc. V. ADJOURNMENT
Aug 13, 2013 Special City Council
II. *CLOSED MEETING (EXECUTIVE SESSION) In Order To Comply With The Requirements Of Section 551.101 Of Chapter 551 (Open Meetings Law) Of The Texas Government Code [Formerly Article 6252-17, Section 2(a)], Prior To Going Into Closed Meeting The Presiding Officer Of The City Should Make The Following Public Announcement: "A Closed Meeting Or Executive Session Will Now Be Held Pursuant To The Following Sections Of Chapter 551 Texas Government Code": Section 551.071 - Litigation And/Or Legal Advice Section 551.072 - Land Section 551.073 - Negotiated Contracts For Prospective Gifts To The City Section 551.074 - Personnel Section 551.076 - Security Personnel Or Devices Section 551.087 - Deliberations Regarding Economic Development Incentives Closed Meeting: (1) Section 551.071 Government Code - To Discuss With The City Attorney Pending Litigation With K. H. Dugas And K. H. Dugas Construction, Inc. (2) Section 551.072 Government Code - To Discuss The Value Of Land In The City's Extraterritorial Jurisdiction (ETJ) (3) Section 551.087 Government Code - To Discuss Incentives For Commercial, Residential, And/Industrial Business Prospects Regarding A Retail Development Near Memorial Boulevard And Highway 365 *The Items In Executive Session May Be Discussed And Acted On In Open Session III. Adjournment
REPORTS (1) Report On Remediation And Interim Repairs At 501 Procter Street, Port Arthur, Texas (2) Report On Status Of New Market Tax Credit Financing To Fund Construction Of Improvements At 501 Procter Street, Port Arthur, Texas (3) Discuss The New Market Tax Credit Financing Timetable Including Site Plans, Construction Changes And The Guaranteed Maximum Price Contract With Spaw Glass, Inc. For The Improvements To The Property At 501 Procter Street
P.R. No. 17834 - A Resolution Authorizing The City Of Port Arthur Section 4A Economic Development Corporation To Execute A Loan To Facilitate The Financing Of The Improvements To The Property At 501 Procter Street And To Authorize New Market Tax Credit Leverage Loan Documents Necessary To Facilitate Funding Construction Of The Improvements At 501 Procter Street
(2) P.R. No. 17835 - A Resolution Authorizing The City Of Port Arthur Section 4A Economic Development Corporation To Convey Title To The Property At 501 Procter Street To 501 Procter Street, Inc., Authorizing The Assignment And Assumption Of Certain Contractual Obligations Undertaken Pursuant To The New Market Tax Credit Financing For The Improvements At 501 Procter Street And Authorizing A Master Lease Agreement With 501 Procter Street, Inc. V. ADJOURNMENT