HomeMy WebLinkAboutC2019-518 - 5/21/2019 - Approved 689460 MEM Total Pages: 3
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MEMORANDUM OF RECORD
NOTICE OF INDUSTRIAL DISTRICT AGREEMENT NO. 108
STATE OF TEXAS §
COUNTY OF SAN PATRICIO §
Whereas, Reynolds Metals Company, LLC, ("Company") and the City of Corpus Christi (the "City"), entered
into that certain Industrial District Agreement under Section 42.044, Texas Local Government Code dated
ZJ , 2011, (the "Agreement"), effective from January 1, 2019 to December 31, 2024.
Whereas, Company and the City entered the Agreement pursuant to Local Government Code §42.044 which,
pursuant to the terms and conditions of the Agreement, effectively guarantees the continuation of the
extraterritorial status of Company's property in return for conditions outlined in the Agreement, until the
Agreement expires, namely payment by Company to City of an amount being a percentage of potential taxes in
lieu of annexation;
Whereas, Company is the owner of record for the property described in Exhibit "A" attached hereto and
incorporated herein for all purposes (the "Property");
Whereas, recording the entire Agreement in the real property records of San Patricio County is impractical and
needlessly burdensome; and
Whereas, the Company and City agree to file this Memorandum of Record ("Memorandum") to provide notice
of the Agreement affecting the Property;
NOW THEREFORE, the undersigned hereby executes this Memorandum and files the same of record in the
Deed Records of San Patricio County, Texas, for the purpose of giving notice to all persons that:
(1) The Agreement is on file with the City Secretary at Corpus Christi City Hall, copies of which are available
upon request.
(2) The Company is required to perform as agreed and provided in the Agreement, as well as in accordance
with all other applicable rules, regulations and codes of the City, except as provided otherwise in the
Agreement.
(3) The Agreement provides that if Company sells, conveys or leases any portion of the Property, Company
shall give written notice of the sale or conveyance to the City within 90 days. Company remains responsible for
payments in lieu of annexation after such sale, conveyance or lease, unless Company enters into an assignment
and assumption agreement with the buyer or lessee, after prior consent by City. The Company shall give the
City 30 days' written notice of any assignment of its responsibilities under the Agreement.
Page 1
Executed and filed this Z( day of c.,K.e. , 2019.
By72043,11,111grof:
Nam . eter Zanom
Title: City Manager
( d • 03 rill eRuk
THE STATE OF TEXAS § ' 1 G1
§ IR 1
COUNTY OF NUECESCFMT LLL
BEFORE ME, the undersigned authority, a Notary Public in and for said County and State, on this day
personally appeared Peter Zanoni, City Manager of the City of Corpus Christi, known to me to be the person whose
name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes and
consideration therein expressed and in the capacity therein stated. ..��
GIVEN UNDER MY HAND AND SEAL OF OFFICE on this the2O ay of VY 'lam 2019.
Oir
, MARTHAVAZQUEz
Notary Public-State . . as
i11 My Notary ID#128028579
•k+:t•{ Expkes March 5'2022
After Recording Return to:
City of Corpus Christi
Attn: Legal Department
P.O. Box 9277
Corpus Christi, Texas 78469-9277
Page 2
r
San Patricio CAD Exhibit A Industrial District Agreement#108
Geographic IDs Reynolds Metals Company LLC
Confirmed by City ID Type Legal Description
14 s r.. , TRACT 2
FILED AND RECORDED
OFFICIAL PUBLIC RECORDS
1Vr.l
O.:,, --,(.„.0., ,,,,... 6,621,:,67,44,..,
Gracie Alaniz-Gonzales
County Clerk
San Patricio County,Texas
06/24/2019 02:26 PM
Fee: $34.00
689460 MEM