O-1988-1616 - Laserfiche WebLink

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e e -4- IX. The parties anticipate that LA PORTE will annex the territory presently comprising the Bayshore Municipal Utility District, to the City of La Porte, with an effective date of December 31, 1988. The final passage of an annexation ordinance by LA PORTE, annexing the Bayshore Municipal Utility District, shall be a condition precedent to this Agreement taking effect January 1, 1989. Thereafter, LA PORTE will seek approval of such annexation proceedings under Section 5 of the Federal Voting Rights Act. Should LA PORTE fail to receive approval of such annexation under the Federal Voting Rights Act, or should such annexation be declared invalid by the final judgment of a court of competent jurisdiction, LA PORTE may terminate this Agreement upon ninety (90) days written notice to SHOREACRES, in which event LA PORTE shall reconvey to SHOREACRES, the personal property described on Exhibit "A" attached hereto, the real property lease described herein shall be cancelled, and the parties shall be restored to their original positions. x. LA PORTE reserves the right to build a new fire station building during the term of this Agreement, which may be located either within the corporate limits of SHOREACRES, within the former boundaries of the Bayshore Municipal Utility District, or on McCabe Road. Further, LA PORTE reserves the right to make upgrades, deletions, additions, or trade-ins, of the personal property described on Exhibit "An attached hereto, during the term of this Agreement. Such changes, if any, shall equal or better existing equipment, and at least two (2) fire engines shall always be provided at Fire Station No.4, except in cases of downtime for repairs or maintenance.