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e -\ e 'City of 1La Porte Established 1892 March 20, '2000 Akzo Nobel, Inc. c/o American Property Tax Service 10101 S.W. Freeway, Suite 540 Houston, TX 77074 Gentlemen: The City of La Porte and the committee representing industry have reached final agreement on a form of Industrial District Agreement for the seven year term commencing January 1, 2001. Copies of the agreement are attached to this letter. We also enclose a copy of the metes and bounds legal description which was attached to your firm's current Industrial District Agreement. Please review carefully, and revise as necessary to reflect any additions or deletions to the legal description. Please insert the proper corporate name and state of incorporation on the first page, and the corporate name and the name of the authorized officer executing the agreement, on the signature page. Please attach Exhibit "A" and "B" legal descriptions to two copies of the contract, and forward two fully executed copies of the contract to the City of La Porte no later than May 1, 2000. Executed agreements received by that date will be placed on the City Council agenda of Tuesday, May 9, 2000, for formal approval. Thereafter, your firm will be furnished with a certified copy of the City's approval ordinance, and a fully executed copy of the agreement. We at the City of La' Porte feel that the continuation of Industrial District Agreements, which first commenced in the City of La Porte in 1958, is mutually beneficial to the City and the nearly sixty companies with which it has such agreements. Thank you for your cooperation in this matter. Yours very truly, CITY OF LA PORTE By: ~\. ~. Robert T. Herrera, City Manager RTH:sw Enclosures P.O. Box 1115 · La Porte, Texas 77572-1115 0 (713) 471-5020