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Res 152-2023 PILOT Agreements 12/05/2023 Resolution No. 152-2023 Resolution authorizing the City Manager to renew non-annexation agreements with Vitro Flat Glass, Pratt & Whitney, Nustar Logistics, Valero Energy, Plains Pipeline, and Howmet Aerospace, guaranteeing each immunity from annexation for a certain term WHEREAS, the City of Wichita Falls desires to continue a series of long-standing non-annexation agreements with several local industries; and, WHEREAS, the City of Wichita Falls has since the 1970's used non-annexation agreements as economic development tools to attract and retain industry and primary jobs; and, WHEREAS, the City of Wichita Falls desires to extend these agreements for additional terms which will provide annual payments from the industries to the City in-lieu of City property taxes had the industries been within the City limits. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Manager is hereby authorized to enter into the renewal of non-annexation agreements in a form approved by the City Attorney, with Vitro Flat Glass, Pratt & Whitney, Nustar Logistics, Valero Energy, Plains Pipeline, and Howmet Aerospace, guaranteeing each immunity from annexation in accordance with the terms provided for in the related agenda item. PASSED AND APPROVED this the 5th day of December, 2023. /14/ MAYOR ATTEST: City Clerk