Ordinance No. 12,851ORDINANCE NO. 12,851
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE AND
THE CITY CLERK TO ATTEST TO A CHAPTER 380 ECONOMIC DEVELOPMENT
AGREEMENT WITH FIDELIS REALTY PARTNERS, LTD, AUTHORIZING
PAYMENT BY THE CITY OF BAYTOWN AS AUTHORIZED IN SAID
AGREEMENT; MAKING OTHER PROVISIONS RELATED THERETO; AND
PROVIDING FOR THE EFFECTIVE DATE THEREOF.
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BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That the City Council of the City of Baytown hereby authorizes and directs the
City Manager to execute and the City Clerk to attest to a Chapter 380 Economic Development Agreement
with Fidelis Realty Partners, Ltd. A copy of the agreement is attached hereto, marked Exhibit "A," and
made a part hereof for all intents and purposes.
Section 2: That the City Council of the City of Baytown authorizes payment in accordance
with the agreement authorized in Section 1 hereinabove.
Section 3: That the City Manager is hereby granted general authority to approve a decrease
or an increase in costs by FIFTY THOUSAND AND NO/ 100 DOLLARS ($50,000.00) or less, provided
that the amount authorized in Section 2 hereof may not be increased by more than twenty -five percent
(25 °'0).
Section 4: This ordinance shall take effect immediately frand after its passage by the
City Council of the City of Baytown.
INTRODUCED, READ and PASSED by the affirmative vq(ed1 the Council of the City of
Baytown this the 23`d day of April, 2015. L- -1
A
H. DONCARLOS, Mayor
BRYSCH,
APPROVED AS TO FORM.
ACIO RAMIREZ, SR., C&tiorney
R9.Karen�..Files`,City Council. Ordinances\2015\April 23\ 380EconomicDevelopmentAgreementOrdinance .doc