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<br />e <br /> <br />e <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 <br />hereunder; and in consideration of the information given and assistance furnished by <br />SECOND PARTY to the City Tax Assessor-Collector in their undertaking to calculate <br />Industrial District Taxes and "in-lieu of taxes" payments for calendar years 1999, 2000, <br />and 2001; FIRST PARTY agrees and obligates itself to compensate SECOND PARTY by <br />payment to SECOND PARTY, the sum of FORTY THOUSAND FOUR HUNDRED DOLLARS <br />($40,400) per year for each of the calendar years 1999, 2000, and 2001, payable in equal <br />quarter-annual installments. <br /> <br />THE EXECUTION OF THIS CONTRACT is authorized by proper resolution duly adopted by <br />the Mayor and City Council of the City of La Porte, Texas and entered upon the Minutes of <br />such Council. <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 21 st day of October, 1998. <br /> <br />City of La Porte <br /> <br />By ~~~~ <br /> <br />Norman Malone, Mayor <br /> <br />ATTEST: <br /> <br /> <br />// <br />" <br />----- / <br /> <br />fZ;~d>' <br /> <br />City Attorney ~ <br /> <br />Hugh L. Landrum &. Associates, Inc. <br /> <br />By 1'iL L :t:L- / <br />Hugh L. Landrum, P"sident <br />