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<br />Industrial District Agreement - 2
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<br />upon which: ..,trace (-sr"':'Company "has either constructed an industrial
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<br />plant (s) or;' cori,templates ,the construct'ion of. an industrial plant (s) :
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<br />. ...... ., _.A, . "._ ... ....
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<br />and .
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<br />WHEREAS" .pursuant to its policy, City has enacted Ordinance No.
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<br />729, designating portions of the area located in its extraterritorial
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<br />jurisdiction as the:,.~'~l313-tt~,egrou~d J-??ustrial",.o.istrict of La Porte,
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<br />Texas," and Ordinance No. 842, designating portions of the area 10-
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<br />,', I...... ....'\,.. . .' . ...... ,.,"
<br />cated'''in it:s"!:eit:r~t.~"tr'it.o'ii~l' 'jl;~i~'di~fi~n: as' the "Bayport indust~fal
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<br />.' .~: ......:;f..-:- ._~....: ....:.0.: ". ...,_.......,...........-<1; ('". ,P" ." "!:........~ '" . . .
<br />'Distrlct of La Porte; "Texas," hereina-fter 'collectively calied "Dis-
<br />ft~{ci't":"li' 'such Ordinances 'being in'''compliance-with..'the Municipal Annex-
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<br />ation Act, of' Texas, Article 970a, Vernons Annotated Revised Civil
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<br />StatutE!"~ '6f Te~~li' ;'ciri'a' ,
<br />WHEREAS, City de~'i:tej'--EoL e''hd6~i~~~ t.he expansion, and growth of
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<br />industrial plants within said:, D;i,str,i,~ts ,and for such purpc;>se desires
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<br />to enter into this Agreement ,with Company pursuant to Resolution
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<br />~d~~~~p Py the Ci~y"Co~nci~ of said C~~X ~n~ Fecorded in the official
<br />minutes of s~~~..;~ity:
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<br />,::~:QW ':! ('i~E~E:E."P,~,. in .consideration of ....tpe..pJ;emises and the ,mutual
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<br />agreements of the parties contained herein and pursuant to the
<br />autho~~ty, gr~~~ed under the Municipal Annexation Act and the Ordinances
<br />of City.,. referr,ed., t-q.. 8;pov.~k ~?-ty, and Company hereby agree with each
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<br />other as follows:
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<br />this Agreement, provided below, and subject to the ter~s and provisions
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<br />..,.:~:Ci ty covenants, agrees and guarantees that during the term of
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<br />:" ......-.. .
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<br />of ,thIs 'Agreement, said District shall continue and retain its
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<br />extraterritorial status as an industrial district, at least to the
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<br />extent that the same covers the land described above and belonging to
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<br />Company and its assigns, and unless and until the status of said
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<br />land, or a portion or portions thereof, as an industrial district may
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<br />be changed pursuant to the terms of this Agreement.
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<br />Subject to
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