Loading...
Ordinance No. 9,159ORDINANCE NO. 9159 ® AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, FINDING NONCOMPLIANCE WITH THE TAX ABATEMENT AGREEMENT BETWEEN THE CITY OF BAYTOWN AND ENICHEM ELASTOMERS AMERICAS, INC AND TERMINATING SUCH AGREEMENT; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, on January 9, 1997, the City of Baytown (the "City ") adopted Ordinance No. 7872 designating the EniChem Reinvestment Zone and Ordinance No. 7873 authorizing a Tax Abatement Agreement (the "Agreement ") with EniChem Elastomers Americas, Inc. ( "EniChem "); and WHEREAS, on March 10, 1997, the City of Baytown entered into an Amendment of the Agreement to correct a scrivener's error defining the effective date of the agreement as January 1, 1998; and WHEREAS, pursuant to the terms of the Agreement between EniChem and the City, EniChem represented that it would expand and modernize its current manufacturing facility and create on average 40 construction jobs; and WHEREAS, a noncompliance notice dated April 9, 2001, was sent to EniChem advising the company that construction of the new facility had not commenced within the two -year construction period and that the projected 40 construction jobs had not been created as pledged in the Agreement; and WHEREAS, on May 1, 2001, after receipt of the noncompliance notice, EniChem responded that it concurs that the Agreement should be terminated because EniChem's parent company decided to build a new manufacturing facility in Italy rather than expand the existing facility in Baytown; and WHEREAS, EniChem in its May 1, 2001, letter stated that it would be willing to cooperate in any way necessary to terminate the Agreement; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: All matters and facts set forth in the recitals hereinabove are found to be true, and are approved as the findings of the City Council of the City of Baytown. Section 2: That the City Council of the City of Baytown hereby finds that EniChem has failed to commence construction of the new facility within the two -year construction period and failed to create the projected 40 construction jobs. As such, the City Council hereby finds that EniChem has not complied with the Tax Abatement Agreement entered into on January 9, 1997, and that such noncompliance is not capable of being cured. 0 Section 3: That the City Council of the City of Baytown hereby terminates the Tax Abatement Agreement with EniChem Elastomers Americas, Inc. Section 4: 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 10th day of May, 2001. /,e, c_ PETE C. ALFARO, ayor ATTEST: W SIe1ITH, City Clerk APPROVED AS TO FORM: ACID RAMIREZ, Sk,,Jity Attorney c: kl h268 \C ityCounci I \Ordinances \Terminati ngEn iChemTaxAbatementAgreement 2