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e e Industrial District Agreement - 9 subject only to jUdicial review as may be available under the Texas General Arbitration Act (Articles 224-238, Vernon's Annot- ated Revised Civil Statutes of Texas).' .Costs of the arbitration .. shall be shared equally by the Company and the City, provided that each party shall bear 'its' own attorneys fees. (C) Should the provisions of Article II of this Agreement become,. impossibl'e, of;' 'enfdrceme,rtt :.'becatis'e:.....df "-'(1'.) , the .. frl.~a1i'dity . or unenforceability of .the Texas Property ,Code (S~B. 621", Acts of the 65th "Texas Legislature, Regular ',Session, 1979), or any relevant provision thereof, or (2), because of any material delay or failure to act;.. on the part of the Ha~r'is' 'County Appraisal District" then and in any of 'such - events', all payments under' this Agreement shall be governed by' 'the" provisions of ':'Article ' II hereof: " I anyth~ng 'to 'the contrary ~n 'this Agreement notwithstanding. , VII. City' shall be entitled to a tax lien on Company's above-described property, all improvements thereon, and all 'tatigible'''perso'nai'' property' thereo~" in the event of default in payment of "in lieu of taxes" payments'hereunder~'which shall accrue penalty'and interest in like manner as delinquent taxes, and which shall be collectible by City in I .' the same manner'as provided 'by law for delinquent taxes. VIII. Company: agrees to'provide,to City at Company's 'expense;'a survey~ plat and, fie,ld note.descr.iption of the land, and .improvements which:" Company...petitions to be annexed' in' acdordan'ce with the' provIsions of Article II. abov.~ Such annexation tract shall be contiguous to a point on. the existing corporate limits of La Porte. 'In the event of failure of Company to'file either such petition, or such description, City shall have the ,right by notice in writing to Company to cancel and terminate this Agreement.