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<br />~,: " <br /> <br />e <br /> <br />e <br /> <br />I <br /> <br />(Revised: 06!86) <br /> <br />NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION <br />UNDER THE TEXAS GENERAL ARBITRATION ACT, ARTICLE <br />224, ET. SEQ., REVISED CIVIL STATUTES OF TEXAS <br /> <br />THE STATE OF TEXAS f <br />f <br />COUNTY OF HARRIS f <br />f <br />CITY OF LA PORTE f <br /> <br />INDUSTRIAL DISTRICT AGREEMENT <br /> <br />This AGREEMENT made and entered into by and between the CITY OF <br /> <br />LA PORTE, TEXAS, a municipal corporation of Harris County, Texas, <br /> <br />hereinafter called "CITY", and <br /> <br />Tl:IE U1BRUGl. CORPORt.TIOn <br />, an Ohio <br /> <br />corporation, hereinafter ,palled "COMPANY", <br /> <br />WIT N E SSE T H: That <br /> <br />WHEREAS, it is the established policy of the City Council of the <br /> <br />City of La Porte, Texas, to a~opt such reasonable measures from time <br /> <br />to time as are permitted by law and which will tend to enhance the <br /> <br />economic stability and growth of the City and its environs by attracting <br /> <br />the location of new and the expansion of existing industries therein, <br /> <br />and such policy is hereby reaffirmed and adopted by this City Council <br /> <br />as being in the best interest of the City and its citizens: and <br />WHEREAS', Company is t~e owner of a certain tract ( s) of land more <br /> <br />. <br /> <br />particularly described in the Deed Records of Harris County, Texas, <br /> <br />in the following Volume and Page references, to-wit: <br /> <br />Two Hundred Thirty-seven and One Hundred Three One-thousandths (237.103) <br /> <br />acres out of the George B. McKinstry League, A-47, Harris Count~, Texas, conveyed <br /> <br />to the Company by deed from Friendswood Development Company, dated August 31, 1967 <br /> <br />and recorded in Volume 6900, page 19 et seq. of the Deed Records of Harris County, <br /> <br />Texas. <br />