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<br />. <br /> <br />. <br /> <br />X. <br /> <br />FOR AND IN CONSIDERATION of the skilled services, technical knowledge, and experience <br />of SECOND PARTY in performance of the obligations devolving upon such PARTY hereunder; <br />and in consideration of the information given and assistance furnished by SECOND PARTY to <br />the City Tax Assessor-Collector in their undertaking to calculate Industrial District Taxes and <br />"in-lieu of taxes" payments for calendar years 1996, 1997, and 1998; FIRST PARTY agrees <br />and obligates itself to compensate SECOND PARTY by payment to SECOND PARTY, the sum <br />of THIRTY-SIX THOUSAND SEVEN HUNDRED FIFTY DOLLARS ($36,750) per year for each <br />of the calendar years 1996, 1997, and 1998, payable in equal Quarter-annual installments. <br /> <br />THE EXECUTION OF THIS CONTRACT is authorized by proper resolution duly adopted by the <br />Mayor and City Council of the City of La Porte, Texas and entered upon the Minutes of such <br />Council. <br /> <br />EXECUTED IN SEVERAL DUPLICATE ORIGINALS by order of the Mayor and City Council of <br />the City of La Porte, Texas on this the 23rd day of October, 1995. <br /> <br />City of La Porta . r4 ~ <br /> <br />B~ ~1~ '< <br />Norma~l~ Mayor <br /> <br />ATTEST: <br />'3... L--J <br /> <br />City Secretary <br /> <br /> <br />~~ai <br /> <br />City Attorney <br /> <br />Hugh L. Landrum & Associates, Inc. <br /> <br />By f!I L d- / <br /> <br />Hugh L. Landrum, PreSident <br />