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CC Resolution No. 12982498 RESOLUTION NO. 1298 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, AMENDING RESOLUTION NO. 1295 PASSED ON NOVEMBER 26, 1996; DECLARING U.S. DENRO STEELS, INC., A QUALIFIED BUSINESS AND NOMINATING U.S. DENRO STEELS, INC., AS AN ENTERPRISE PROJECT; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, the City Council of the City of Baytown, Texas, passed Resolution No. 1295 on November 26, 1996, and WHEREAS, Resolution No. 1295 declared Denro USA, Inc., a qualified business and nominated Denro USA, Inc. as an enterprise project; and WHEREAS, the official name of such company according to the records of the Secretary of State of the State of Texas, is U.S. Denro Steels, Inc., rather than Denro USA, Inc.; and WHEREAS, Resolution No. 1295 should have declared U.S. Denro Steels, Inc., rather than Denro USA, Inc., as a qualified business and should have nominated U.S. Denro Steels, Inc., rather than Denro USA, Inc., as an enterprise project; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby amends Resolution No. 1295 passed on November 26, 1996, by substituting "U.S. Denro Steels, Inc.," the official name of the corporation, for "Deno USA, Inc.," in every place where " Denro USA, Inc.," is used throughout such resolution. As such, U.S. Deno Steels, Inc., is a "qualified business," as defined in Section 2303.402 of the Texas Enterprise Zone Act, Chapter 2303, Subchapter F of the Texas Government Code (the "Act ") and meets the criteria for designation as an enterprise project as set forth in Chapter 2303, Subchapter F of the Act. Section 2: This resolution 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 9th day of January, 1997. /.� P, ee e PETE C. AL FARO, Mayor ATTEST EILEEN P. HALL,- City Clerk APPROVED AS TO FORM: 16NACIO RAMIREZ, S `� � Attorney c:klh26 \city council\re olutions\Enterprise rode USDenroStee s