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<br />MAY-tJ-2007 THU 11:48 AM <br /> <br />FAX NO. <br /> <br />p, 02 <br />1~#ew'~~. <br />'Tp.h}~/f~/II~. <br /> <br />NO. 2000-1DA-~ <br />STATE OF TEXAS <br /> <br />COUNTY OF BARRIS <br /> <br />~ <br />S <br />Ii <br />~ <br />~ <br /> <br />INDVS~R!AL DISTRIC~ AGREEMENT <br /> <br />This AGREEMENT made and entered into by and between the CITY <br />OF LA IlOR'l'E, TEXAS, a municipal cor.-poration of Harris Count , <br />Texas, hereinafter called .CITY'I, and 05L e.sfrn81...::j:h <br />, a Je.x.0..5 corporation, here nafter <br />called .COMPANY~, <br /> <br />WIT N E SSE T B: <br /> <br />WHEREAS I it is the established policy of the city Council of <br />the City of La Portel Texas, to adopt SUch reasonable measures from <br />time to tittle 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 Gitizens; acd <br /> <br />WHEREAS, pursuant to its policy, city has enacted Ordinance <br />No. 729, designating portions of the area located in its <br />extraterritorial jurisdiction as the "Battleground Industrial <br />Dist~ict of La Porte. Texas", and O~dinance No. B42A, designating <br />portions of the area located in its extraterritorial juriSdiction <br />as the "Bayport Industrial District of La Porte, Texas 11 , <br />hereinafter collectively called "District., such Ordinances being <br />in compliance with the Municipal Annexation Act of Texas, codified <br />as section 42.044, Texas Local GOVernment Code; and <br /> <br />WHEREAS, Company is the owner of land within a designated <br />Industrial District of the City of La Porte, said land being <br />legally descI=ibed on the attached Exhibit "AIt (hereinafter "Land.); <br />and said Land being more particularly shown on a plat attached as <br />Exhibit "B", which plat describes the ownership boundary lines; a <br />site layout, showing all improvements, including pipelines and <br />railroads, and also showing areas of the Land previously annexed by <br />the City of La Porte; and <br /> <br />WHEREAS, City desires to encourage the expansion and growth of <br />industrial plants ftJithin said Districts and for such 'Ourpose <br />desires to enter into this Agreement with Company pursuant to <br />Ordinance adopted by the City Council of said city and recorded in <br />the official minutes of said city~ <br /> <br />NOW, THEREFORE, in consideration of the premises and the <br />mutual agreements of the parties contained herein and pursuant to <br />the authority granted under the Municipal Annexation Act and the <br />Ordi:1ances of City referred to above, City and Company hereby agree <br />with each other as follows: <br /> <br />FINAL D~~FTI February 24, 2000 <br />