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<br />. <br />NOTJ:CE: <br />ONDER THE <br />224, ET. <br /> <br />. <br /> <br />TBJ:S CONTRACT J:S SUBJECT TO ARBJ:TRATJ:ON <br />TEXAS GENERAL ARBJ:TRATJ:ON ACT, ARTJ:CLE <br />SEQ., REVJ:SED CJ:VJ:L STATUTES OF TEXAS <br /> <br />STATE OF TEXAS <br />COUNTY OF HARRIS <br />CITY OF LA PORTE <br /> <br />{ <br />{ <br />{ <br />{ <br />( <br /> <br />J:HDUSTRJ:AL DJ:STRICT AGREEMENT <br /> <br />This AGREEMENT made and entered into by and between the CITY OF <br />LA PORTE, TEXAS, a municipal corporation of Harris county, Texas, <br />hereinafter called "CITY", and BAYSHORE INDUSTRIAL, INC., a <br />corporation, hereinafter called "COMPANY", <br /> <br />WIT N E SSE T H: That <br /> <br />WHEREAS, it is the established policy of the City Council of <br />the City of La Porte, Texas, to adopt such reasonable measures from <br />time to time as are permitted by law and which will tend to enhance <br />the economic stability and growth of the city and its environs by <br />attracting the location of new and the expansion of existing <br />industries, therein, and such policy is hereby reaffirmed and <br />adopted by this City Council as being in the best interest of the <br />City and its citizens; and <br />WHEREAS, Company is the owner of a certain tract(s) of land <br />more particularly described in the Deed Records of Harris County, <br />Texas, in the following Volume and Page references, to-wit: <br /> <br />six tracts of land, as described on Exhibit "A" attached <br />hereto. This agreement shall be subject to the additional <br />restrictions contained in Exhibit "B" attached hereto. <br />