2007-IDA-102 GSL Investments Reserve A (2.0165 Acres)

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5. City and Company acknowledge circumstances might require the City to provide emergency services to Company's Property described on Exhibit "A" attached hereto. Emergency services are limited to fire, police, and public works emergency services. Tf Company is rnot a member of Channel industries Mutual Aid Association. (LIMA), Company agrees to zeimburse City for its costs arising out of any emergency response requested by Company to Gampany"s property, and to which City agrees to respond. If Company is a rnembex of CTMA, the obligat~.ans of Company and City shall be governed by the LIMA agreement, to which agreement City is a party. IV. This Agreement shall extend for a period beginning on the 1st day of January, 2006, and continuing thereafter until December 31, 2019, unless extended for an additional period or periods of time upon mutual, consent of Company and City as pr©vided by the Municipal Annexation Act; provided, however, that in the event this Agreement is not so extended for an additional period or periods .of time an. ar t~efore August 31, 2019, the agreement of City not to annex property of Company within the District shall ter[rtinate. In that e~rent, City shall have the right to commence immediate annexation proceedings as to all of Company~s property covered by this Agreement, notwithstanding any of the terms and provisions of this Agreement. Company agrees that if the Texas P+lunica.pal Act, Section 42.044, Texas Local Government Code, is amended after January 1, 1994, or any new legislation is thereafter enacted by the Legis~.ature of the State of Texas which imposes greater restrictions on. the right of City to annex land belonging to Company or imposes further obligations on City in connection therewith after the annexation of such lazad, Company will waive the right to require City to cs~mply with any such additional restrictions or obligations and the rights of the parties shall be then determined in accordance with the provisions of said Texas Municipal Annexation Act as the same existed January 1, 1994. V. This Agreement may be extended for an additional period or periods by agreement between City and Company and/or its assigns even though it is not extended by agreement between City and a~.l of the owners of all land within the District of wh~.ch it is a part. V~. A. Sn the event Company elects to protest the valuation for tax purposes set on ~.ts said properties by City or by the Harris County ?3.pprazsal District for any year or years during the terms hereof, nothing in this Agreement shall preclude such protest and 6