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<br />. , <br /> <br />'" it <br /> <br />e <br /> <br />. <br /> <br />EXHIBIT -8- <br />Page 1 of 2 <br /> <br />TO AN INDUSTRIAL DISTRICT AGREEMENT <br />TEXAS, AND <br /> <br />BETWEEN THE CITY OF LA PORTE, <br /> <br />. <br /> <br />1. City and Company agree that the real property of Company, more <br />particularly described on Page 1 of this Industrial District <br />Agreement, is presently unimproved, and unannexed to City, except <br />for existing "strip" annexations, if any. City and Company further <br />agree that Paragraph II hereof is hereby amended, to provide that <br />during the term of this Industrial District Agreement, and for such <br />period of time that said real property remains unimproved, that City <br />will not annex said propertYJ provided, however, City reserves the <br />right to conduct "strip" annexations as my be required by law in <br />connection with annexation of land other than that owned by Company. <br />Company agrees to render to City and to pay as "in lieu of taxes" on <br />Company's said un:Lmproved land, an amount equal to the sum of 100% <br />of the amount of ad valorem taxes which would be payable to City if <br />all the hereinabove described property of Company had been within <br />the corporate limits of City and appraised each year by City's <br />independent appraiser. <br /> <br />2. The provisions of the preceding paragraph hereof shall remain in <br />full force and effect during the term of this Industrial District <br />Agreement~ provided, however, at such time as Company commences <br />improvements to .Compapy's hereinabove described real property, <br />Company shall be entitled to pay an amount "in lieu of taxes" on <br />Company's land, improvements, and tangible personal property on the <br />above described property, in accordance with Paragraph II of this <br />Industrial District Agreement. <br /> <br />3. Company agrees that the real property of <br />described shall not be used as a site for commercial <br />incineration, i.e., incineration of hazardous wastes <br />site; provided, however, City does not waive its <br />under Paragraph 1 of this agreement. <br /> <br />4. Except as amended by the terms and provlslons of this Exhibit <br />"A", the terms and provisions of the Industrial District Agreement, <br />to which thi~ Exhibit "An is attached, shall remain in full force <br />and effect for the term of this Agreement, expiring December 31, <br />1993. <br /> <br />company herein <br />hazardous waste <br />generated off- <br />rights reserved <br /> <br />5. City and Company agree that the terms and provisions of this <br />Industrial District Agreement shall be retroactive to January 1, <br />1987. City acknowledges receipt of payment of "in lieu of taxes. <br />fro calendar years 1987, 1988, and 1989. <br /> <br />;ENTERED INTO this day of September, 1990, retroactive to <br />effective date of January-I, 1987. <br /> <br />/. <br />... ........ <br /> <br /> <br />Compa!!y"- <br />(COMPANY) <br /> <br />- , <br />" . <br /> <br />t~~~~ <br /> <br />Secretary " <br /> <br />BY: <br /> <br />Name: Norman R. Bennett <br /> <br />Name: C. A. Staton <br /> <br />Ti tIe: Vice President <br /> <br />Address :.ARCa Building <br /> <br />lI.PPROVM ~EL: <br /> <br />J1!1J l <br /> <br />Attorney for Company <br /> <br />Independence. KS 67301 <br /> <br />Name: Mark A. Plake <br /> <br />Address: ARca Build.ing <br /> <br />Independen~ce ~ KS <br /> <br />Telephone: (316)331~-1]~__ <br />