HomeMy WebLinkAboutRES 16-054RESOLUTION NO. 16-054
WHEREAS, the City of Beaumont executed an Economic Development
Incentive Agreement with Pate Development, L.P. and ZJZ Hospitality, Inc. dated
June 24, 2015 for the development of a 200 room Embassy Suites Hotel and an
adjacent water park at Ford Park; and,
WHEREAS, the developers have indicated a desire to reduce the number
of rooms of the hotel to 150 -plus; and,
WHEREAS, the Council feels it is in the best interest of the citizens of the
City of Beaumont to accept the request;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the statements and findings set out in the preamble to this resolution are
hereby, in all things, approved and adopted; and,
THAT the City Manager is hereby authorized to execute an amendment to
both the hotel and water park Economic Development Incentive Agreements to
allow for the reduction in the number of guest rooms of the Embassy Suites Hotel
to 150 -plus rooms; and,
BE IT FURTHER RESOLVED THAT all other terms, conditions and
provisions of the two agreements shall remain unchanged and in full force and
effect.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 15th
day of March, 2016.
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w . U Mayor Becky Ames -