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. ; .. FEB-02-2001 FRI 03:52 PM , F J\X NO. . P. 02 'If/IItI ,I . , I , NO. 2000-:IDA-~ { { STATE OF TEXAS { { COUNTY OF HARRIS { l:NDtJSTRIAL DISTIUCT AGR:BEKEIrr This AGREEMENT ~ade and entered into by and between the CITY OF LA PORTE, TEXAS, a municipal corporation of Harris county, . l' 'd A ' Texas, hereinafter called "CITY", ,and An" "lul e m~ rlt!.tJ Corp,o IHlno h , a D.QIOIIAJOk-e.- corporation, hereinafter called "COMPANY", WIT N E SSE T H: WHEREAS, it is the established poli~y of the city Council of the Cit.y of La porte, Texas, to adopt such reasonable measures from time to time as are permitted by law and which wi,ll tend to enhance the economic stability and growth of the city and its environs by attractinq the location of new and the~ expansion of existing industries therein, and such policy is hereby reaffirmed and adopted by this city council as bei~g in the best interest of the city and its citizens; and ' WHEREAS, pursuant to its policy, City has enacted Ordinance ~o. 729, designating portions of the area located in its extraterritorial 'jurisdiction as the "'Battleground Industrial District 'of La Porte, Texas", and Ordinance No. 842A, designating portions of the area located in its extraterritorial jurisdiction as the "Bayport Industrial District of La Porte, Texas", p.ereinafter collectively called !rpistrictll, such Ordinances being in compliance with the Municipal Annexatic)n Act of Texas, codified as Section '42.044, Texas Local Government, Code; and WHER~S, company is the owner of land within a designated Industrial District of the City of La Porte, said land being legally described on the attached ~xhibit urAn (hereinafter ULandtl) i and said Land being more particularly shown on a plat attached as Exhibit liB", which plat descr:J.bes the .owr.lership boundary lines; a site layout, sho,"?ing all impt'Qvements, including pipelines and railroads, and also showing areas of the Lana previously annexed by the ,City of La Porte; and WHEREAS, City desires to encourage the expansion and growth of industrial plants' within said Districts and for such purpose desires to enter into this Agreement with company pursuant to Ordinance adopted by the City Council of :~aid city and recorded in the official minutes of said City: NOW, T~EREFORE, in consideration C)f the p~emises and the mutual a9ree~ents of the parties contained herein and pursuant to the authority granted under the Municipal Annexation Act and the Ordinances of City 'referred to above, city and Company hereby agree with each ot~er as follows: FXHAL DRAFT: February 24, 2000