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Ordinance No. 10,379ORL)fNANCE NO. 10379 AIN ORDINANCE WITIM (71"I'V COUNCIL. (11—V F BAY'I'MIN, '1"1,,XAS, AUTI-10111ZING "TIM CITY MANA(JER "M [`.,'�XECUTE AND U. CLERK TO ATTEST "11) THE ASSIGNN41-'ulsd [ OP' S-L-TN' C1,111MICAL (AMPORATION'S INDUSTRUL DISTRfUl" M-3REE-NI ENT TO RE(.1-ANIATION SCRAMON SERUCES, Ll,C; ANI PROVI'DING FOR]"I 1E 13E IT ORDAMI) BY THE M'Y COUN01, 01' 1-41E CITY OF BAVPOWN, TEXAS: WOW 1: That the City (.,()uncd of We (Thy, of'B,,,iytmvn, Texas, the My Manager W execuw and the City `Perk- to attem to 1he assigrmient of'Sun Chemical (TOTP0111ion's Industrial District Agrcernent to lZeclarnaLlon ".),olution Services, LLC� such assigt"now is anched herclo as Exhlit —A" and hworponded hercin for all intents and purposes, Section 1 This ordhuume shA1 We egict WuncdkMy from and aft er its passage by the City Council of the Ci�y of IN'TRODUCED, READ and PASSED by the aMmiative V `60 Cff tile City, Council of the City o fB,,iyt(.,)wn this the I ol day of 20W -- -- ------------ U�MWM City Clerk APPROVF.;D A&TO FORM: .... . ..... A"C1­0 RAMIR)EZ, SR, (,"qjIlmay RUnmencAdy M)muncn5CmwdNT0WAugn1 Isl IDA Ass"nnwm2RcdunwiWnSo1wWmdoc Assignment of Industrial District Agreement to Reclamation Solutions Services, LLC STATE OF TEXAS § COUNTY OF HARRIS § This Assignment of Industrial District Agreement (this "Assignment ") is made this day of , 2006, by and among the City of Baytown, a municipal corporation located in Harris and Chambers Counties, Texas (the "City"), Sun Chemical Corporation, a Delaware corporation, and Reclamation Solutions /LLC, a limited liability company organized under the laws of the State of Texas. Services, WITNESSETH: WHEREAS, on the 13`}' day of November, 2003, the City Council of the City authorized an Industrial District Agreement (the "Agreement ") with Sun Chemical Corporation; and WHEREAS, effective the 31st day of March , 2006, Reclamation Solutions Services, LLC acquired the facility and related assets of Sun Chemical Corporation, which are subject to the Agreement; and WHEREAS, on the 6th day of April, 2006, counsel for Reclamation Solutions Services, LLC requested that the City consent to the assignment of the Agreement to Reclamation Solutions Services, LLC; NOW, THEREFORE, in consideration of the foregoing and in consideration of the mutual promises, covenants and agreements herein contained, the parties agree hereto as follows: I. Assignment and Assumption Sun Chemical Corporation hereby assigns all of its rights and obligations under the Agreement effective January 1, 2006, to Reclamation Solutions LLC; and Reclamation Solutions* LLC hereby assumes all of Sun Chemical Corporation's rights and obligations under the Agreement effective as of January 1, 2006. Such agreement is attached hereto as Exhibit "A" and incorporated herein by this reference for all intents and purposes. *Services, Assignment of Industrial District Agreement, Page 1 E11M A I1, Consent Subject to the conditions listed herein, the City hereby consents to the assignment of all of Sun Chemical Corporation's rights and obligations under the Agreement to Reclamation Solutions *LLC and the assumption of such rights and obligations by Reclamation Solutions* LLC. It is expressly agreed that the consent given in this article is subject to the following terms and conditions: (a) The City shall have the authority to collect any underpayment of Industrial District Payments from Reclamation Solution; LLC; (b) The City shall have the authority to, and shall not be deemed to have waived the right to, pursue and/or resolve any and all outstanding matters, including, but not limited to, any breach of contract concerns, with Reclamation Solutions *LLC; (c) The City shall have the authority to require strict compliance with any and all terms of the Agreement; (d) Reclamation Solutions•'�LLC shall assume all obligations and liabilities under the Agreement accruing prior to and after the date of the effective date of this Assignment; (e) Reclamation Solutions LLC, or any entity acting by, through, or on behalf of Reclamation Solutions *LLC shall not contest the City's authority to impose these additional conditions on the consent granted herein. III. No Expansion of Rights Notwithstanding any language in the Agreement or this Assignment to the contrary, the City's consent granted herein shall not be deemed to expand the rights and privileges specified in the Agreement and originally granted to Sun Chemical Corporation. IV. Notice All notices required to be given under this Assignment or the Agreement shall be given in writing either by telecopier, overnight, or facsimile transmission, certified or registered mail at the respective addresses designated hereinbelow or at such other address as may be designated in writing by Reclamation Solutions* LLC or the City. Notice given by mail shall be deemed given three (3) days after the date of mailing thereof to the following addresses: *Services, Assignment of Industrial District Agreement, Page 2 Reclamation Solutions Services, LLC Attn: Gary Hensley 3520 East Belt Houston, Texas 77015 Fax: 713 -455 -7753 City of Baytown Attn: City Manager P.O. Box 424 Baytown, TX 77522 Fax: (281) 420 -6586 V. Further Assurances Services, Sun Chemical Corporation, Reclamation Solutions /LLC and the City shall execute such additional agreements as may be reasonably necessary in the option of the City to reflect the foregoing assignment, assumption, and consent among the parties hereto. VI. Severability All parties agree that should any provision of this Assignment be determined to be invalid or unenforceable, such determination shall not affect any other term of this Assignment or the Agreement, which shall continue in full force and effect VII. Ambiguities In the event of any ambiguity in any of the terms of this Assignment or the Agreement, it shall not be construed for or against any party hereto on the basis that such party did or did not author the same. VIII. Agreement Read The parties acknowledge that they have read, understand and intend to be bound by the terms and conditions of this Assignment. Assignment of Industrial District Agreement, Page 3 Ix. Authorijy The officers executing this Agreement on behalf of the parties hereby represent that such officers have full authority to execute this Agreement and to bind the party he /she represents. IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiple. copies, each of which shall be deemed to be an original, but all of which shall constitute but one and the same Agreement on the day of 2006, the date of execution by the Mayor of the City of Baytown. SUN CHEMICAL CORPORATION: Y V I "� • co-- Officer's Signature Melvin M. Cox Officer's Printed Name Sr. VP & General Counsel Officer's Title �ERVICES, RECLAMATION SOLUTIONS LLC: O Teel s Signoture GAti -j SL-- Officer's P nted Name O icer's Title M■ly ai Assignment of Industrial District Agreement, Page 4 DONCARLOS, Mayor ATTEST: LORRI COODY, City Clerk APPROVED AS TO FORM: IGNACIO RAMIREZ, SR., City Attorney STATE OF § COUNTY OF § Before me, Rj�ac_V)e k JL V j In -ya, the undersigned notary public, on this day personally appeared We6yin M. Cc -& , in his/her capacity as S; . V C- er,e"-a I Coun5e -i of Sun Chemical Corporation on behalf of such corporation, X known to me; proved to me on the oath of ; or through his/her current (description of identification card or other document issued by the federal government or any state government that contains the photograph and signature of the acknowledging person } (check one) to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he /she executed that instrument for the purposes and consideration therein expressed. Given under my hand and seal of office this (Play of Tu I ti , 2006. CG' �Iku ,- Notary Public in and for the State of N��v� Te�rSPT My commission expires: RACHEL DE VILLAVA A Notary Public of New Jersey my Commission Expires January 22, 2049 Assignment of Industrial District Aemement Page 5 STATE OF TEXAS § COUNTY OF HARRIS § Before me, �rNeL, 'i6BP0 , the undersigned notary public, on this day personally appeared Gi�Ry L in his/her capacity as PR£,9kberAT ! , CFA of Reclamation Solutions / L C, on behalf of'such company, Services, V known to me; proved to me on the oath of ; or through his/her current {description of identification card or other document issued by the federal government or any state government that contains the photograph and signature of the acknowledging person) (check one) to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he /she executed that instrument for the purposes and consideration therein expressed. -K Given under my hand and seal of office this iG day of %-,� I° , 2006. �� .QE�-_ Notary Public in and for the State of Texas lev—JANE L TABBAH My COMMISSION EXPIRES My commission expires: AUGUST 28, 2007 R:UCaren\Files\LegaNDA\Sun Chemical\SunChemicalAssignment2ReciamationSolutionsClean aloe Assignment of Industrial District Agreement. 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