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<br />. . <br />,X' " <br /> <br />. <br /> <br />e <br /> <br />'t' <br /> <br />NO. 2000-IDA-~' <br />STATE OF TEXAS <br /> <br />COUNTY OF HARRIS <br /> <br />{ <br />{ <br />{ <br />{ <br />{ <br /> <br />INDUSTRIAL DISTRICT AGREEMENT <br /> <br />This AGREEMENT made and entered into by and betwee~ the CITY <br />OF LA PORTE, TEXAS, a municipal c~~poration of Harris County, <br />Texas, hereinafter called "CITY", and eENTAURI TEOINOIDGmS, JV <br />. , a PARTNERSHIP corporation, hereinafter <br />called "COMPANY", <br /> <br />WIT N E SSE T H: <br /> <br />WHEREAS, it is the established policy of the city Council of <br />the City of La Porte, Texas, to adopt such reasonable mea$ures 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 <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 citizens; and <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 />District of La Porte, Texas", and Ordinance No. 842A, designating <br />portions of the area located in its extraterritorial jurisdiction <br />as the "Bayport Industrial District of La Porte, Texas", <br />hereinafter coll.ectively 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 />1ega11y described on the attached Exhibit "A" (hereinafter "Land") i <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 within said Districts and for such purpose <br />desires to enter into this Agreement wi th 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 />Ordinances of City~referred to.above, City and Company hereby agree <br />with each other as follows: <br /> <br />. FINAL DRAFT: February 24, 2000 <br />