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W N E S SET H <br />AREAS, it, is the: established policy of the: City CavnCil of <br />the City, of La_ Paste; Texasto adopt such reasonable measures <br />from time t, ,o time as are Permitted by law and which will tepd to <br />enhance the economic stabilit"Y and growth of the City and its <br />environs by attr"acting the 1"ocaton of xew and the exPansiQzz of <br />existing industries therein, and such policy <br />P y is hereby reaffirmed. <br />And adapted by this City Council as being in the best interast of <br />the City and its citizens; and <br />WHEREAS, pursuant to its policy, <br />No 72'9, de.signatn City has enacted Ordinance <br />extraterritorial 9 portoxis of the area located" in its <br />Jurisdiction as the "Eattle"ground Tndustr el <br />District of La Porte; Texas", and Ordinance xo. 842A, cien gnat al <br />portions of the area located in its extraterr torial uesi.gn t an <br />as the "Bayport industrial <br />Distract, of La Porte, on <br />hereinafter collecttively ;valid F'District", such Ordzrances .being <br />in compliance .e with the Mpnic� alAct r <br />as Section 42.044, Texas Local Governmentcode;.andTexas, codified <br />W-HEal D Company is the owner of land within a designated <br />Industrial n�strict of the City of La Porte, said 3darid being <br />legally described. on the attached Exhibit "Land"}. and said Land bein more " (hereinafter <br />"A h aftez <br />a.t"tached as Exhibit nB" 5 particularly shown: on a pi_at <br />which play describes. the ownership <br />boundary Imes; a site la out showing al]mpravement"s, ii1eluding <br />p�.pe3 y es axed xa Yroada and also ahowin previously annexed by—, the City of La Porte;" nd seas of the Land <br />WHEREA <br />of iS City desires to encourage theeepanson and growth <br />ndustrial plants within said Districtsan for such ose <br />desires to enter inter this Agreement i�if company P <br />Ordinance ado ted bCouncilp y Pursuant to <br />P . y the city"of said City and recorded in <br />the a"ffieial minutes of said City. <br />F=AL DRAFT Hove b e:r 1, 2007 <br />M <br />