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r r. <br />NOTICE: 'PHIS CONTRACT IS SUBJ17CT TO ARBITRATION <br />C UNDL;R THE TEXAS GI:NI:RAr, ARBITRATION ACT, A[:TICLE <br />224 , ET. SE'0. , RE•;VISE'D CIVIL STATUTES OU TL•:XAS <br />THE STATE OF TEXAS 5 <br />S <br />COUNTY OF HARRIS 9 <br />CITY OF LA PORTE 5 <br />INDUSTRIAL DISTRICT AGREEMENT <br />pMfZ lz1 g <br />This AGREEMENT made and entered into by and between the CITY OF <br />LA PORTE, TEXAS, a municipal corporation of Harris County, Texas, <br />hereinaf ter called "CITY" , and PETROLITE CORPORATION, with offices located at 100 <br />.North Broadway, St. Louis, Missouri 63102 , a DelavAare <br />corporation, hereinafter called "COMPANY", <br />WITNES S E T Ht That <br />WHEREAS, it is the established policy of the City Commission of <br />'the City of La Porte, Texas, to adopt such reasonable measures from <br />time to time 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 indus- <br />tries therein, and such policy is hereby reaffirmed and adopted by <br />this City Commission as being in the best interest of the City and <br />C.ts citizens; and <br />WHEREAS, Company is the owner of a certain tract(s) of ]and more <br />particularly described in the Deed Records of Harris County, Texas, <br />in the following Volume and Page references, to -wit: <br />The 125.179 acre tract as set forth in Correction Deed dated December 20, 1974, and <br />recorded in the Harris County Clerk's office under File Number E 34078 7, Film Code <br />114-20-2076 through 114-20-2085, said tract being more specifically described oil Exhibit <br />A, which is attached hereto and made apart hereof. <br />Revised: 8-79) <br />