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Ordinance No. 15,599 ORDINANCE NO. 15,599 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE AND THE CITY CLERK TO ATTEST TO AN INDUSTRIAL DISTRICT AGREEMENT WITH ENERGY TRANSFER GC FRACTIONATORS, LLC, F/K/A LONE STAR NGL ASSET HOLDINGS 11,LLC; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN,TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby authorizes and directs the Mayor and City Clerk of the City of Baytown to execute and attest to an Industrial District Agreement with Energy Transfer GC Fractionators, LLC, f/k/a Lone Star NGL Asset Holdings II,LLC. A copy of said Industrial District Agreement is attached hereto,marked Exhibit "A" and incorporated herein for all intents and purposes. Section 2: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 26ffi day of October, 2023. MIKE LESTER,Nfayor Pro Tern ATTEST: F P,a0!'1 o@eedw000e+�t� ANGELA ACKSON ,Cle APPROVED AS F SCOTT LEM D, City Attorney RAKaren Anderson\ORDINANCES\2023\2023.10.26\DAwithEnergyTransferGCFractionatorsfkaLoneStarNGLAssetHoldingsIl.docx EXHIBIT "A" Industrial District Agreement This Industrial District Agreement ("Agreement") is made and entered into between the City of Baytown, Texas, a municipal corporation in Harris and Chambers Counties, Texas, hereinafter also referred to as "Baytown" or "City," and Energy Transfer GC NGL Fractionators, LLC, f/k/a Lone Star NGL Asset Holdings II, a Delaware corporation, hereinafter referred to as "Property Owner." In consideration of the promises and of the mutual covenants and agreements herein contained, it is agreed by and between the City and Property Owner as follows: I. Parties This Agreement is made under the authority of Texas Local Government Code Annotated §42.044 (Vernon 1993), article XI, §5 of the Texas Constitution and other applicable law. The parties to the Agreement and their addresses are: l. The "City" City of Baytown Attn: City Manager P.O. Box 424 Baytown, TX 77522 Copy to: City of Baytown Attn: City Attorney P.O. Box 424 Baytown, TX 77522 2. The "Property Owner" Tax Statement Address: Energy Transfer GC NGL Fractionators, LLC Energy Transfer GC NGL Fractionators, LLC f/k/a Lone Star NGL Asset Holdings II f/k/a Lone Star NGL Asset Holdings II Attn: President Attn- Mr. Mike Fry, KE Andrews 800 E. Sonterra Blvd., Suite 400 2424 Ridge Road San Antonio, TX 78258 Rockwall, TX 75087 H. Identification of Property and Industrial District This Agreement includes provisions concerning certain real estate and tangible personal property owned or leased by the Property Owner. Real estate located outside the corporate limits of the City is sometimes referred to herein as the "affected area," and it is described in Exhibit A, which is attached to this Agreement and made a part hereof. Acting pursuant to the above mentioned authority, the City Council of the City has by ordinance, designated the affected area as an industrial district,the same to be known as Baytown Industrial District No.2(the "Industrial District"). III. Term The term of this Agreement is seven tax years, from 2023 through 2029, unless it is sooner terminated under the provisions hereof. This Agreement shall be effective and binding on the parties hereto upon execution hereof on behalf of the parties to this Agreement and shall remain in effect for seven years. This Agreement supersedes any prior existing agreements between the Property Owner and the City relating to the subject matter specific to the term hereof. IV. Limited Immunity from Annexation by the City In consideration of the obligations of the Property Owner herein set forth,the City hereby guarantees for the term of this Agreement the immunity of the affected area from annexation of any type by the City except for such parts of the affected property as may be necessary to annex property owned by third parties within the Industrial District that the City may decide to annex. Additionally, this Agreement shall not affect the continuation of any limited purpose annexation status to which the affected area is now subject. V. Industrial District Pa_jment As part of the consideration for the City's undertakings as set forth above, the Property Owner agrees to pay to the City on or before December 31'of each year during the term hereof a sum of money equal to: (1) the fair market value as agreed to and stipulated by the parties to be as follows for each year indicated: 2 Year Base Value 2023 $247 980 900.00 2024 $247 980,900.00 2025 $247 980,900.00 2026 $247 980 900.00 2027 $247,980 900.00 2028 $247,980,900.00 2029 $247 980 900.00 hereinafter referred to as the "Base Value," multiplied by (2) the property tax rate per$100.00 of assessed valuation adopted by the City Council for the City, multiplied by the applicable Yearly Payment Rate as detailed below: YEARLY TAX YEAR PAYMENT RATE 2024 - .66 2025 .66 2026 .66 2027 .66 2028 .66 2029 .66 VI. Valuations and Collections A. Generally The parties hereto recognize that said Chambers County Appraisal District is not required to appraise for the City the land, improvements, and tangible property, real or mixed, in the affected area, which is not within the corporate limits of the City, for the purpose of computing the payments hereunder. For the purpose of providing a procedure for determining and collecting the amounts payable by the Property Owner hereunder,there are hereby adopted and made a part hereof all provisions of the Constitution and statutes of the State of Texas pertaining to ad valorem taxation as amended throughout the term of this Agreement (including, in particular, the Texas Property Tax Code), except, however, that (i) to the extent that any of such provisions would require the assessment of the Property Owner's property on an equal and uniform basis with property in the general corporate limits of the City, the provisions of this Agreement will control where in conflict with the provisions of such laws and (ii) the income method of appraisal as described in Section 23.012 of the Texas Property Tax Code shall not be limited to only properties for which a rental market exists. Specifically, nothing contained herein shall limit 3 the income method of appraisal specified in Section 23.012 of the Texas Property Tax Code to only properties for which a rental market exists,instead if such method is used,the chief appraiser shall: l. use income and expense data pertaining to the property, if possible and applicable; 2. make any projections of future income and expenses only from clear and appropriate evidence; 3. use data from generally accepted sources in determining an appropriate capitalization rate; and 4. determine a capitalization rate for income-producing property that includes a reasonable return on investment, taking into account the risk associated with the investment. The parties agree that the fair market value of the Property Owner's land, improvements, and tangible property subject to Subsections B and C of this section shall be determined in accordance with the market value computation contemplated in the Texas Property Tax Code for the purpose of calculating the Property Owner's payment under this Agreement on properties annexed or disannexed subsequent to the commencement ofthis Agreement. The City may choose to use the appraised value as finally determined by the Chambers County Appraisal District (or through administrative or judicial appeal of the Chambers County Appraisal District's determination), or by appraisal conducted by an independent appraiser of the City's selection at the City's expense. The determination of fair market values by the City shall be final and binding unless the Property Owner within thirty(30)days after receipt of the City's determination petitions for a Declaratory Judgment to the Civil District Court of Harris County, Texas, as provided for by Section XIII hereof. Nothing contained herein shall ever be construed as in derogation of the authority of the Chambers County Appraisal District to establish the appraised value of land, improvements, and tangible personal property in the annexed portion for ad valorem tax purposes. B. Adjustment of Base Value for Property Inside the Corporate Limits but Subsequently Disannexed Land, improvements and tangible property, real or mixed, of the Property Owner, which is disannexed from the corporate limits of the City during the term of this Agreement, shall become part of the affected area immediately upon disannexation. The value for such disannexed land, unprovements and tangible property, real or mixed shall be determined as described in Subsection A of this Section based upon the year in which the property is disannexed and shall be added to the Base Value specified in Article V each year after the disannexation for purposes of payment hereunder. C. Adiustment of Base Value for Property Outside the Corporate Limits but Subsequently Annexed Land, improvements and tangible property, real or mixed, of the Property Owner, which is annexed into the corporate limits of the City during the term of this Agreement,shall be removed from the affected area the year after the annexation. The value for such annexed land, improvements and tangible property,real or mixed shall be determined as described in Subsection 4 A of this Section based upon the year in which the property is annexed and shall be subtracted from the Base Value specified in Article V each year after the annexation for purposes of payment hereunder. D. Statements The City shall mail one statement to the Property Owner on or about December 1 of each year showing the total amount due on December 31 of such year pursuant to this Agreement. Such statement shall be mailed to the "Tax Statement Address" noted in this Agreement. Any amounts due on December 31 that are not paid when due shall become delinquent on January 1 of the following year. Provided, however, if the tax statement is mailed after December 10, the delinquency date is postponed to the first day of the next month that will provide a period of at least 21 days after the date of mailing for payment of the amount due. Delinquent amounts shall be immediately subject to the same penalties, interest, attorneys' fees and costs of collection as recoverable by the City in the case of delinquent ad valorem taxes.The City shall have a lien upon the Property Owner's land within the affected area upon any delinquency in the Industrial District Payment. E. Valuation Contests If any differences concerning the appraised values shall not have been finally determined by the due date of the Property Owner's payment hereunder and the Property Owner is pursuing through a declaratory judgment action as specified in Subsection A, the Property Owner shall, without prejudice to such action, pay to the City by December 31 of each year (subject to the exception in the preceding paragraph for statements mailed after December 10), such amount as is provided in the Texas Property Tax Code, as amended throughout the term of this Agreement, for payments made under such conditions by owners of property within the general corporate limits of the City subject to ad valorem taxation. Any refund payable by the City to the Property Owner hereunder shall be paid within 60 days after receipt by the City of both Chambers County Appraisal District's form notification that the appraised value of the property has been reduced and a written refund request by the Property Owner; if not paid timely, the refund amount shall bear interest at the rate specified in Section 2251.025 of the Texas Government Code beginning 60 days after the City received both the Property Owner's written refund request and the Chambers County Appraisal District's formal notification that the appraised value of the property has been reduced. VII. Compliance with Law The City and the Property Owner mutually recognize that the health and welfare of Baytown residents require adherence to high standards of quality in the air emissions, water effluents and noise, vibration and toxic levels of those industries located in the Industrial District, and that development within the District may have an impact on the drainage of surrounding areas. 5 9 •.Tapungloq paunbat siuou Xud aqj loaitoo puu luauuaa.t5V S!qi jo Luuai oLgj onulluoo (!!) jo p41lputuu9I)u0tu30JSV S.ql a.rujoap(1)IQglTa of.taumo Xvado.td oqj of jinujap Bons jo 03iIou ua7at.tAX Jo 2uTAT2 Qqj cuo.q scup (09) fjxTS Mgj!M pajoa.UOo Atli you st �jnu�ap goes 3T `uot�do aLi� anpti iipus X1i0 aqj `.IOJ papinotd anoqu sluau Xud oqj quw of uoTju2iigo aLi� uTpnt3ui `�uauuaa V sTLjl Jo suual aql jo Xup jo oouuuuo3.T3d all uT numo Xuad0Jd auI Xq 1jn�ejap jo Juana aL41 uI .tauMo Tio o.Td nq 11nujo(I •V jInpjaQ 'XI •papuaWE se apoD xu L ApQdo.td suxo.L aqj ui papTno.Td a.tu su 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IIA uotRoas .Tapun jinVgap 9 Jo asRo 0141 uT `lUgl paptno.Td `juatuaa.t2V sigp go goua.iq IutLamu u alnipsuoo jjugs oino of a.TnjTvj Lions uogl(,, popoj a.TnD„ aqj) aopou cans jo alup aqj Luoi3 sAVp (09) �Ixis uTgi!m pamo jou si ijnegap Bons gT put luau.Taa.T2V sigl ui palvls ssa.ippe aqj le`palsanba.T Idiaow tunja.T p3lppoo`IpW •S•fl Aq 2utium ut LaumO XVado.Td atil XjTjou jjvgs Xvj aqj `goa.Taq IIA uo1133S Jo suotIipuoo PUB suuaI 0141 oauTp.�ooau ijnugap ui si LauAn O Avado.Td aqj ourmiaiap AIID aql pjnogs `waLaq pouTujuoo Xlanuoo aqi of Xuv i?uipuujsgjlAuoLAq- virtue of this Agreement,or the establishment of the industrial district covering the affected area not within the corporate limits of the City,to make any payments to the City in the nature of a tax or assessment based upon the value of the Property Owners property in the affected area during the term of this Agreement other than the payments specified herein. Specifically, the Property Owner shall not be liable for any City taxes within the affected area, including,without limitation, City ad valorem taxes on taxable property within the affected area. XII. Reimbursement for Services If the Property Owner requests and receives mutual aid firefighting assistance and is a member of Channel Industries Mutual Aid organization ("CIMA") or similar Organization, the Property Owner shall reimburse the City for costs incurred by the City in providing fire protection services to the Property Owner as shall be provided in the charter,bylaws and agreements pursuant to which CIMA or such similar organization is organized and operates. If the Property Owner requests and receives mutual aid firefighting assistance and is not a member of CIMA or a similar organization, then the Property Owner shall be required to reimburse the City for costs actually expended by the City in providing any firefighting assistance to the Property Owner, including chemical and personnel costs. XIII. DeclaratoryJudpment Action If any disagreement arises between the parties concerning the interpretation of this Agreement, it is agreed that either of the said parties may petition any Civil District Court of Harris County, Texas, for a Declaratory Judgment determining said controversy and the cause shall be tried as other civil causes. If the controversy afTects an Industrial District Payment, the Property Owner shall,pending final determination of said controversy,pay to the City on the due date the same amount which was paid to the City for the last preceding period as to which there was no controversy concerning the amount owed by the Property Owner to the City.The Property Owner agrees to tender any additional amount of potential liability to the registry of the Civil District Court,Harris County, Texas, pending final determination of the controversy beyond any further appeal. XIV. Assignment This Agreement shall not bestow any rights upon any third party, but rather,shall bind and benefit the Property Owner and the City only. 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Agreement Read The parties acknowledge that they have read, understand and intend to be bound by the terms and conditions of this Agreement. pWITNESS WH1 ,this AITS 's execu d in multiple counterparts on behalf of the Property Owner this 1}u�i a of , 2023, and on behalf of the City this day of ,2023. ENERGY TRANSFER GC NGL FRACTIONATORS,LLC,F/K/A LONE STAR NGL ASSET HOLDINGS,H By Printe�l ame itle STATE OF § COUNTY OF § Before me, ,the undersigned n tary public, on this day personally appeared 6nwct the p of L C--ac} wner of the affecte roperty,known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes, in the capacity, and for the consideration therein expressed. SUBSCRIBED AND SWORN before me this 19-day of ,2023. BEYtary M HERNA#48941 EZ �... Notary ID#4894772 Notary Public in d for the State o .__ — �y +T My Commission Expires September 3, 206 11 ZI xoop•XueduzoosoilsigoZ-uoK�guilsrxg-szoleuoilz)e�,j-lf)NjDjojsueilA!axaug-bQn6ZOZ-EZOZ\SVGI\aos12pUV U011TWX :MOJ 01 SV aHAoxddV iijolD XIID `Nosxovt Vgaoxv :,LsE[iiv JoAvw `oggiLLz[dyD NC3CImyua t �y, Affected Affected Property a2: � Fra c IV Property Frac IV 19a2 .-- } D �� ''''~✓~ / —i—srk��E.P.ml Roa ds IIL� PREPARED BY MATT BAILEY W'Mut�SElT� A H1 Date: 3/29/2016 N o�j�tN1N,G; R� 1 `-API L;)y CHEVRON 1? ncCJyote3y1-7—makmno Tnx map G nlmaeJ Ia dsPlal ' p�rPn:cso Iy aiJJ a 1Po1.ttVy pDo inem,,,Engir,20r tikiesr orxd `N-gip ..__.-IH-10 1 inch = Z 013 fLet j - 1N✓IaNOOYNOU3VW Tw3nna�eoi mnssi .0-,00+0'N Sllml ONN o k' , V T101, � \\\ rm`-r Za • YU01le3ilddVMq .41 ialwadeS ff .a-.owoz s siirvn ONIMtlaO -----------------------