HomeMy WebLinkAboutC2015-017 - 1/27/2015 - Approved r
TAX ABATEMENT AGREEMENT
BETWEEN
CITY OF CORPUS CHRISTI, TEXAS
AND
CORPUS CHRISTI LIQUEFACTION, LLC
ire
r
r
M
2015-017
1/27/15
Res. 030413
CC Liquefaction LLC
lir INDEXED
V
TAX ABATEMENT AGREEMENT
r
This Tax Abatement Agreement ("Agreement") is entered into and shall be
effective as of , 2015, between THE CITY OF CORPUS CHRISTI,
TEXAS ("City"), a home-rule city, and CORPUS CHRISTI LIQUEFACTION, LLC, a
Delaware limited liability company ("Company"), pursuant to Chapter 312 of the Texas
Tax Code ("Chapter 312").
a
RECITALS
WHEREAS, Company desires to construct a natural gas liquefaction facility in
three phases, or "trains" (as more particularly described in Exhibit A, the "Facility"), a
portion of which which will be constructed on land located within City limits (as more
particularly described in Exhibit B,the "Land"); and
a . WHEREAS, Company expects that (i) the first train of the Facility will be
constructed at a cost of at least One Billion Five Hundred Million Dollars
($1,500,000,000) and employ at least ninety (90) full-time employees; (ii) the second
train of the Facility will be constructed at a cost of at least Seven Hundred Fifty Million
Dollars ($750,000,000) and employ at least thirty-five (35) full-time employees; and (iii)
the third train of the Facility will be constructed at a cost of at least Seven Hundred Fifty
Million Dollars ($750,000,000) and employ at least thirty-five (35) full-time employees;
and
WHEREAS, City recognizes the positive economic impact that the Facility will
bring to City and its extraterritorial jurisdiction through development and diversification
of the economy, reduction of unemployment and underemployment through the
k production of new jobs, and the attraction of new businesses; and
WHEREAS, City recognizes that a significant factor in Company's decision to
construct the Facility on the Land is Company's eligibility to enter into agreements with
taxing units having jurisdiction over the Land to abate property taxes on the Facility; and
I
WHEREAS, Section 312.206 of the Texas Tax Code provides that a taxing unit
other than a municipality may abate property taxes on property located in the taxing
jurisdiction of the municipality if property taxes on such property are abated by the
municipality pursuant to an agreement made under Section 312.204 of the Texas Tax
Code; and
a
WHEREAS, City has adopted guidelines for the abatement of ad valorem tax
("Tax Abatement Guidelines") pursuant to Chapter 312, and wishes to enable other
taxing units having jurisdiction over the portion of the Facility located within City limits
to participate in tax abatement with respect to such portion of the Facility pursuant to
Chapter 312; and
a
r
ire
WHEREAS, the Facility will be a Basic Manufacturing Facility within the
meaning of the Tax Abatement Guidelines and thereby eligible for tax abatement; and
WHEREAS, to enable other taxing units to participate in tax abatement pursuant
to Chapter 312 on the portion of the Facility located within City limits, City (i) has
designated the Land as a reinvestment zone (the "Reinvestment Zone"), and (ii) shall,
pursuant to its authority under Section 312.204 of the Texas Tax Code, abate under this
Agreement maintenance and operations ad valorem tax on one dollar($1) of the value of
such portion of the Facility for one tax year; and
it
WHEREAS, City and Company have entered into that certain Chapter 380
Economic Development Incentive Agreement (the "Chapter 380 Agreement"), the
iir investment and job requirements of which must be complied with under this Agreement;
NOW, THEREFORE, in consideration of the mutual benefits described in this
Agreement, and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, City and Company agree as follows:
ARTICLE I
REPRESENTATIONS
1.1 Representations of City. City hereby represents to Company that as of the date
mit
hereof:
(A) City is a duly created and existing municipal corporation and home-rule
municipality of the State of Texas under the laws of the State of Texas and is duly
qualified and authorized to carry on the governmental functions and operations as
tow-
contemplated by this Agreement.
r
(B) City has the power, authority and legal right under the laws of the State of
Texas to enter into and perform this Agreement and the execution, delivery and
e performance hereof (i) will not, to the best of its knowledge, violate any applicable
judgment, order, law or regulation, and (ii) does not constitute a default under, or result in
the creation of any lien, charge, encumbrance or security interest upon any assets of City,
tw under any agreement or instrument to which City is a party or by which City or its assets
may be bound or affected.
(C) This Agreement has been duly authorized, executed and delivered by City
and constitutes a legal, valid and binding obligation of City, enforceable in accordance
with its terms except to the extent that (i) the enforceability of such instruments may be
lie limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws of
general application in effect from time to time relating to or affecting the enforcement of
r,>. creditors' rights and (ii) certain equitable remedies including specific performance may
be unavailable.
(D) The execution, delivery and performance of this Agreement by City does
not require the consent or approval of any person that has not been obtained.
ir.
1.2 Representations of Company. Company hereby represents to City that as of the
date hereof:
NI (A) Company is duly authorized and existing and in good standing as a limited
liability company under the laws of Texas and shall remain in good standing in Texas
during the Term of this Agreement.
11r
(B) Company has the power, authority and legal right to enter into and
perform its obligations set forth in this Agreement, and the execution, delivery and
Nr performance hereof, (i) have been duly authorized and will not, to the best of its
knowledge, violate any judgment, order, law or regulation applicable to Company, and
(ii) does not constitute a default under, or result in the creation of, any lien, charge,
im encumbrance or security interest upon any assets of Company, under any agreement or
instrument to which Company is a party or by which Company or its assets may be bound
or affected.
(C) This Agreement has been duly authorized, executed and delivered by
Company and constitutes a legal, valid and binding obligation of Company, enforceable
is in accordance with its terms except to the extent that (i) the enforceability of such
instruments may be limited by bankruptcy, reorganization, insolvency, moratorium or
other similar laws of general application in effect from time to time relating to or
affecting the enforcement of creditors' rights and (ii) certain equitable remedies including
specific performance may be unavailable.
(D) The execution, delivery and performance of this Agreement by Company
is does not require the consent or approval of any person that has not been obtained.
ARTICLE II
DEFINITIONS
The recitals to this Agreement are hereby incorporated for all purposes. The
terms, "Agreement," "Chapter 312," "Chapter 380 Agreement," "City," "Company,"
"Facility," "Land," "Reinvestment Zone," and "Tax Abatement Guidelines" shall have
the above meanings, and the following words or phrases shall have the following
it meanings:
2.1 "Act of Default" or "Default" means failure to timely, fully, and completely
rrr comply with one or more requirements, obligations, performance criteria, duties, terms,
conditions or warranties of this Agreement.
ire 2.2 "Commencement of Construction" means (i) to commence the work of
constructing the improvements or features with all approvals thereof and permits required
by applicable governmental authorities obtained as necessary to begin construction; and
IN (ii) onsite construction of the site development components (such as drainage, extensive
grading or utilities) is underway and being pursued for the Facility.
N
2.3 "Effective Date" means the first date by which this Agreement has been signed by
all of the parties hereto, on which date the terms and provisions of this Agreement shall
.- become effective.
N
2.4 "Investment Requirement" has the meaning set forth in the Chapter 380
Agreement, including the investment of not less than One Billion Five Hundred Million
Dollars ($1,500,000,000) of capital in the first train of the Facility.
2.5 "Job Requirement" has the meaning set forth in the Chapter 380 Agreement,
including the creation of not less than 90 full time jobs for the first train of the Facility.
2.6 "Term" means the period defined in Article III of this Agreement.
ARTICLE III
TERM
The term of this Agreement (the "Term") will begin on the Effective Date and
shall continue for five years after the end of the tax year with respect to which taxes are
abated pursuant to Article V, unless earlier terminated by City as provided hereunder.
ARTICLE IV
ABATEMENT; COMPANY REQUIREMENTS
4.1 Abatement.
N
(A) Pursuant to the City's authority under Chapter 312, and subject to the
satisfaction of the Company's commitments under Article IV herein and the Company's
N,„ timely and full compliance with all applicable terms and conditions contained in this
Agreement, with respect to the first tax year after the year in which Commencement of
Construction occurs, the City agrees to abate and exempt from City maintenance and
is operations ad valorem taxation one dollar ($1) of the value of that portion of the Facility
that (i) is located within City limits and (ii) consists of improvements to real property.
Such abatement shall apply only if the value of such improvements to real property
exceeds the value of such improvements as of the Effective Date.
(B) City hereby approves any variances from the Tax Abatement Guidelines
UP necessary to effectuate this abatement, and hereby waives the filing of any application for
abatement otherwise required under the Tax Abatement Guidelines.
4.2 Company Requirements.
' ` (A) Company shall satisfy the Investment Requirement and Job Requirement,
rw including any audit or other requirements relating thereto which are set forth in the
Chapter 380 Agreement.
N
p-
au
irr
Yrr
(B) City employees shall have such access to the Facility as is required by
Texas Tax Code Section 312.205(a)(2) to ensure that the improvements required by this
Agreement are made.
S
(C) The Facility shall be used in a manner consistent with the general purpose
of encouraging development or redevelopment of the Reinvestment Zone.
S
(D) Any ad valorem tax revenue lost by the City as a result of the abatement
provided in Section 4.1(A) shall be recaptured if the Company fails to make the
improvements required by this Agreement.
(E) The Company shall certify annually to the City that it is in compliance
with the terms of this Agreement.
(F) Company is required to inform City in writing of Commencement of
ha Construction. If Commencement of Construction has not occurred by January 1, 2018,
City has the option to terminate the Agreement.
iir (G) Failure by Company to comply with any requirements of this Agreement
shall constitute an Act of Default. If such Act of Default is not cured and corrected
within ninety (90) days after written notice to do so or by express waiver by the City, the
tw City has the option to terminate this Agreement.
ARTICLE V
MISCELLANEOUS PROVISIONS
5.1 Binding Effect. This Agreement will be binding on and inure to the benefit of the
parties and their respective successors and assigns.
5.2 Termination. If Company elects not to proceed with the Facility as contemplated
we
by this Agreement, Company will notify City in writing, and this Agreement and the
obligations of both parties will be deemed terminated and of no further force or effect as
of the date of such notice. Additionally, at any time during the Term, Company may elect
No
to terminate this Agreement. Following the giving of said notice, this Agreement shall
terminate and be of no further force or effect, and all parties shall be fully released of any
further obligations under this Agreement relating to said designated part or parts of the
iir
Land.
5.3 Notice. Any notice or other communication ("Notice") given under this
Agreement must be in writing and may be given: (i) by depositing the Notice in the
United States Mail, postage paid, certified, and addressed to the party to be notified with
return receipt requested; (ii) by personal delivery of the Notice to the party, or an agent of
the party; or (iii) byconfirmed facsimile, provided that a copyof the Notice is also given
p Y
in one of the manners specified in (i) or (ii). Notice deposited in the mail in the manner
specified will be effective two (2) days after deposit. Notice given in any other manner
S
lir
p
will be effective only if and when received by the party to be notified. For the purposes of
Notice,the addresses of the parties will, until changed as provided below, be as follows:
Company: Cheniere Energy, Inc.
Attention: Mr. Daniel Belhumeur
700 Milam Street, Suite 800
Houston, Texas 77002
City: City of Corpus Christi
it Attn.: City Manager
P.O. Box 9277
Corpus Christi, Texas 78469-9277
(iii Ph: (361) 826-3220
Facsimile: (361) 826-3839
with a copy to:
City Attorney
P.O. Box 9277
Corpus Christi, Texas 78469-9277
Ph. (361) 826-3360
Facsimile: (361) 826-3239
Any party may designate a different address at any time by giving Notice to the other
party.
5.4 Interpretation. Each of the parties has been represented by counsel of their
choosing in the negotiation and preparation of this Agreement. In the event of any
dispute regarding the interpretation of this Agreement, this Agreement will be
interpreted fairly and reasonably and neither more strongly for nor against any party
based on draftsmanship.
5.5 Relationship of the Parties. This Agreement will not be construed as
establishing a partnership or joint venture,joint enterprise, express or implied agency, or
is employer / employee relationship between the parties. Neither City nor its past, present
or future officers, elected officials, employees or agents assume any responsibility or
liability to any third party in connection with the development of the Facility or the
i' design, construction or operation of any portion of the Facility.
5.6 Severability. If any provision of this Agreement is held to be illegal, invalid or
unenforceable under present or future laws, it is the intention of the parties that the
remainder of this Agreement not be affected, and it is also the intention of the parties that,
in lieu of each provision that is found to be illegal, invalid or unenforceable, a provision
be added to this Agreement which is legal, valid or enforceable and is as similar in terms
as possible to the provision found to be illegal, invalid or unenforceable.
it
iro
tat
5.7 Paragraph Headings, Etc. The paragraph headings contained in this Agreement
are for convenience only and will in no way enlarge or limit the scope or meaning of the
paragraphs.
W
5.8 No Third Party Beneficiaries. This Agreement is not intended to confer any rights,
privileges or causes of action upon any third party.
5.9 Counterparts. This Agreement may be executed simultaneously in two or more
counterparts, each of which will be deemed an original, but all of which will constitute
one and the same instrument. A facsimile signature will be deemed to be an original
signature for all purposes.
5.10 Exhibits. The following exhibits are attached to and incorporated into this
Agreement for all purposes, as if they were set forth herein in their entirety:
Exhibit A: Facility Description
Exhibit B: Land Description
kio 5.11 Entire Agreement. This Agreement embodies the complete agreement of the
parties hereto, superseding all oral or written, previous and contemporary, agreements
between the parties relating to matters in this Agreement; and, except as otherwise
provided herein, this Agreement cannot be modified or amended without a written
agreement of the parties.
5.12 Law. This Agreement is subject to all legal requirements of Texas and all other
applicable County, State and Federal laws, and the Company agrees that it will promptly
comply with all such applicable laws, regulations, orders and rules of the State, County
and other applicable governmental agencies. This Agreement shall be governed by and
construed in accordance with the laws and court decisions of the State of Texas without
regard, however,to the conflicts of laws provisions of Texas law.
5.13 Venue. Venue for any legal action related to this Agreement is in Nueces County,
Texas.
5.14 Confidential. City, its officers and employees, and its agents or contractors
retained to perform economic development services for City, shall treat as confidential
any information delivered by the Company or its respective representatives to City and its
representatives and shall not release such information to the public unless required by law
or court order. City shall immediately notify the Company of requests or court orders to
release such information.
[Signature page follows]
ko
fi,
err
Iwr II^^
�w
EXECUTED to be effective as of this day of LAA1A-41 2015.
ad CORPUS CHRISTI LIQUEFACTION, LLC
rw By: p1192/4,
Pk-
Name: ►.l'tJ e)h ur►e-trr
Title: If,), tix t•Gaasv l T t (oNNSi
is
CITY OF CORPUS CHRISTI, TEXAS
ATTEST: CITY OF CORPUS CHRISTI
hre go, Oki rat A44 cr...60?4•04.0,
Rebecca Huerta, Ronald L. Olson
ire City Secretary City Manager
Ir
N
116
N
rll I riu n�o ,
L
sr COUNCIL.. 2-711S
NORETAw R1t+
r
16*
EXHIBIT A
Description of the Facility
hi
The Company is developing a LNG liquefaction facility and export terminal (the
"Facility") on the La Quinta Channel on the north shore of Corpus Christi Bay in San Patricio
is County and Nueces County, Texas. The Facility will provide a significant source of employment,
economic activity and tax revenue. Direct spending by the Company during the construction
" phase of the Facility is expected to average between $37.9 million and $51.2 million per month
over five years. Total spending (including direct, indirect and induced spending) resulting from
construction is forecast to average between $123.2 million and $166.4 million per month over
this same period. Most of the construction workforce will come from the communities in the
Corpus Christi region and South Texas, directly stimulating the regional economy, local
employment, and municipal revenue. Following construction, the operation of the Facility will
provide a stable source of employment, economic stimulus, and tax revenue over the long term
in the Corpus Christi region. The projected annual impacts to the Corpus Christi region resulting
from operations of the Facility (including direct, indirect and induced impacts) include
approximately 2,100 permanent jobs, $135 million in personal income, and $240 million in gross
product. The construction and long-term operation of the Facility is projected to generate
significant cumulative benefits for the State of Texas, including approximately $12.5 to $15.2
billion in personal income, $19.6 to $23.5 billion in gross product, and $970.6 million to $1.2
billion in tax benefits. A total of between 199,266 and 243,868 person-years of employment are
ilis
forecast to be created in Texas as a result of the construction and operation of the Facility.'
PoWo
The Facility will include three LNG (natural gas liquefaction process) trains, insulated
LNG storage tanks, and berthing for LNG tankers. Each LNG train will include a variety of
specialized equipment used to purify pipeline quality natural gas and liquefy it into LNG. The
Company is in the process of engineering the Facility, securing commercial agreements, and
obtaining financing and governmental permits, each of which are conditions precedent to the
Company commencing construction on the Facility. A map of the Facility is attached to this
Exhibit A.
is
a
in
The Perryman Group, The Anticipated Impact of Cheniere's Proposed Corpus Christi Liquefaction Facility on
Business Activity in Corpus Christi, Texas, and the US(May 2012),at 21 (hereinafter, Perryman Report).The
Perryman Report is available for review upon request.All dollar figures reported represent constant 2012 dollars.
References to regional impacts measured by The Perryman Group refer to the Corpus Christi Metropolitan
Statistical Area(MSA),which includes Nueces,San Patricio and Aransas counties in South Texas.
r
Yr
w
IMPROVEMENT LAYOUT
•
�'. .� L.
�.. 1`'` -It '' 4,./(,, 1,{ .,,,o4.`,.. ----
';‘,This layout shuvw _-
Trains 1, 2, and 3 -- 1 .,
/
z- �
\\ - i
i ,p 111\ j�� �. ...../ .� lel ..� � S`
Y,/= r a ,.
1... _ ...;:,.. ...,„..,„:„..,.0 .,........„....,:„,, ,..... 0, 110-1",'",--t--",.--', S••
.
'4H 411Vili
a •..i
.as $ \ \ ' rei;i0r1 itit ,.., . v
-II ' V\
. \ \\. ,,,,,,. ,-,..::;:t.,„:r,
•�' ,
IA
t/, .;:-- 4 . ' ' \''. :- ' :' '''',;i' ' '
1
.,,- .-., , .: ..11" \
\ •
sirri
1 , .." j' it k
,a. lith....„.. 0110166‘.•:-' 1.1i." "4""4.,, _,, ,..,
,0“ • ,,> 4..r
� rh
F
!y
_ , .
---
------ J
Ave.
r" EXHIBIT B
r, Description of the Land
Irr
The metes and bounds description and a map of the property upon which the Company
will build the Facility are attached to this Exhibit B.
it
N
N
`.
r
a
N
r
r
N
N
r
October 9, 2012 12CH0203
EXHIBIT A
METES AND BOUNDS DESCRITION
OF A
337.4 ACRE TRACT
a
Being 337. 4 acres of land, more or less, out of a 1610.0 acre "Tract 1, Parcel 1A", 328.9 acre
"Tract 1, Parcel 2A", 31.82 acre "Tract 1, Parcel 5", and 58.07 acre "Tract 1, Parcel 6" as
recorded in Document No. 490819, Real Property Records of San Patricio County, Texas, and
Document No. 2001000017, Official Public Records of Nueces County,Texas, and also being out
of the T.T. Williamson Surveys, Abstract Numbers 288, 289, and 290, and out of State Tracts 1
and 2, and this 337.4 acre tract being all of the 212.2 acre tract recorded in Document No.
2004020956, Official Public Records of Nueces County,Texas, and all the 125.2 acre tract
referred to as "Reynolds/Alcoa Retained Tract#3" recorded in Document No. 2001000017,
Official Public Records of Nueces County,Texas, and this 337.2 acre tract being more
particularly described by metes and bonds as follows:
Commencing at a found concrete monument in the south right-of-way line of Texas State
Highway No. 35 for the most northerly northeast corner of the aforementioned 328.9 acre
tract,the same being the northwest corner of a 832.0 acre "Reynolds/Alcoa Retained Tract 1"
recorded in Document No. 2001000017, Official Public Records of Nueces County,Texas;
Thence leaving said south right-of-way line and with the west line of said 832.0 acre tract,S 17
41-05 E, at 8736.90 feet pass a found 5/8-inch iron rod for the southwest corner of said 832.0
acre tract, in all 8936.90 feet to a found 5/8-inch iron rod;
N
Thence S 72-17-20 W, 59.39 feet,to a found 5/8-inch iron rod for the POINT OF BEGINNING
and the northwest corner of this tract and said 212.2 acre tract, said corner having a NAD'83
State Plane Grid Coordinate of N 17214778.87', E 1379635.54',Texas South Zone in U.S. feet;
Thence N 72-17-20 E with the north boundary of this tract and said 212.2 acre tract, at 2644.75
feet pass the common east line of the aforementioned 328.9 acre tract and a west line of the
iss aforementioned 1610.0 acre tract, in all 2818.29 feet to a found 5/8-inch iron rod for the
northmost northeast corner of this tract and said 212.2 acre tract;
Thence with the east boundaries of this tract and said 212.2 acre tract as follows:
S 75-57-21 E, 308.21 feet;
it S 17-42-40 E, 838.29 feet;
N
11r
S72-17-20 W, 246.92 feet;
S 17-42-40 E, 640.06 feet,to a found 5/8-inch iron rod for a corner of this tract;
Thence S 67-58-34 W, at 188.26 feet pass the aforementioned common line between the 328.9
acre tract and the 1610.0 acre tract, in all 314.67 feet to a found 5/8-inch iron rod for an
interior corner of this tract and the northmost northeast corner of said 125.2 acre tract;
Thence with the common east boundary of this tract and said 125.2 acre tract as follows:
S 73-59-30 E, 102.15 feet,to a found 5/8-inch iron rod;
S 17-32-43 E,at 2960.50 feet pass a found 5/8-inch iron rod being the southeast corner of said
125.2 acre tract, at 3129.328 feet pass the common south line of the aforementioned 328.9
acre tract and the north line of the aforementioned 58.07 acre tract, at 3192.41 feet pass a
found 5/8-inch reference iron rod, at 3242.47 feet pass the common east line of said 58.07 acre
tract and the west line of the aforementioned 31.82 acre tract, in all 3257.37 feet to a corner;
Thence S 01-10-31 E, 767.00 feet,to the southeast corner of this tract and said 212.20 acre
tract,said corner being on the south line of said 31.82 acre tract and the Port of Corpus Christi
Authority North Bulkhead Line;
Thence N 77-30-59 W with said bulkhead line and the south boundary of this tract and said
212.2 acre tract, at 190.69 feet pass the southwest corner of said 31.82 acre tract and the
southeast corner of the aforementioned 58.07 acre tract,in all 3569.03 feet to the southwest
corner of this tract and said 212.20 acre tract;
Thence leaving said bulkhead line N 07-00-28 W, 340.43 feet,to a corner being on the common
north line of said 58.07 acre tract and the south line of the aforementioned 328.9 acre tract;
Thence N 03-34-16 E, at 149.58 feet pass a found 5/8-inch reference iron rod, in all 1080.30
feet,to a found 5/8-inch iron rod for a corner;
Thence N 04-42-55 W, 1132.92 feet,to a found 5/8-inch iron rod for a corner;
r-
Thence N 17-47-50 W, 1473.53 feet,to the point of beginning and containing 337.4 acres of
land, more or less. ,•
it t. , eiariRE .
Notes: I o s�
1. Bearings are State Plane Grid. ! ERE RtIBALCABA
rr„ 2. Drawing Exhibit B accompanies this metes and bounds description. 4229
N.
//7 '7/
N �e `
r-
fy, -
, ...if
r, v� ^<•�` PP' PAG
�; .�� Train � '
r- _. Train 3
s cs Sn
_p 08 21- q L1
5
N 9e . L3
01Train 1 & ',
Infrastructure '' t4
- L5
r !`
41
LINE TABLE rLN4 `� l l,� ,Y 1,, i f ' �6
LINE LENGTH JIREC'iCN I �i '
ar,,.
LI 2818.29' N72'17'20"E �1_ / -� �� �.� l' ,� / 181t3.0 ACRE 712"CT
- :to •; : 4 f PARCEL 1,�
L2 308.21' S15'52'21"E % 'T ‘� j /.
L3 838.29' SI 7'42'40"E V ' 1 t i/ 1 t i ,l /
/ r
L4 246.92' s72 i 7'20 W T"' , 3 ` :CRE TRACT
L5 640.06' S 1 T42'40"E Li •`\,:i; ,` / . '
f ►ci /
L6 314.67' S67'58'34"W I �� f/ t
L7 102.15' S73'S9'30"E 4 f ,' ' t-a
. '=
L8 3257.31' SI 7'32'43"E ' / '
L9 767.00' S01'10'31"E
L10 3569.03 N77'30'59"W i Atlkio- 'i+:_ / 1 j r / .,
LII 340.43' NO7'00'22"W 1.72 7'f � '� fr \ry`� / /
��1 its . `M /`
L12 1080.30' NO3'34'16"E �r 4 �& ~`• t' •
/ `
Lia 1132-92' : : ::
rfflP4 147353 "W IS l* " • '�k �f / '' ,
-___ ' 1_11 1,r , -i ,.:wi-,, . l • 444•4. /
�S /
OFe \�
/ t ...... E L9
/ g�_E61S44,.�'�+ !Shoreline C 10 �
1
`.6EQRGE RUBt�Cl1� ': L4 Qu ,;q -o.c c q
F 1• 4229..."... '' , �.• 4 Ftlto-;-t, ,,,
9 E �:� E
`.e..1•4'`s310.0 ,' EXHIBIT B
Gov.'440 GOYIM) DEVELOPMENT, LLC.
/ .- ,. Il►[RAM MO.F-10101
z CORPUS CHRISTI LICIEUFACTION,LLC
eor,on`� 337.4 ACRE TRACT
i 800 /0/9/.
0 800 1600 �.:� LLQ.
S �� CM')2'1-2n' SAN PATRIC40 COUNTY TEXAS
.l. OR,. MA :MTE. SCALE 05 NO1W 106 NO. C*AA 1*.-'D
JJi SCALE: 1" = 800' OR RA CLIENT AP 71K
OCTOBER'° 2C,21X1!203 1
a.