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NO. 2007-IDA-/0Z § <br />STATE OF TEXAS § �' <br />§ 1 <br />COUNTY OF HARRIS § <br />nMUSTRIAL DISTRICT AGREEMM <br />j. <br />This AGREEMENT made and entered into by and between the CITY <br />OF LA PORTE, TEXAS, a municilpal col re$ ratio of Harris County, <br />Texa,shereinafter called "CITY", and l5/4ti/ �/-3� r'� �.J dt.�S TQt RL <br />-&o tJV?-7- F- s , L-•P a %e-X AS corporation, hereinafter <br />" " <br />called COMPANY <br />r <br />W I T N E -S'-S !E T H: <br />WHEREAS, it is the established policy of the City Council of <br />the City of La Porte, Texas, to adopt. such reasonable measures <br />from time to time as are permitted �y law;_and which will tend to <br />enhance the economic stability and growth=t-of the City and its <br />environs by attracting the location of new and the expansion of <br />existing industries therein, and such policy is•'hereby reaffirmed <br />and adopted by this City Council as being in the best interest of <br />the City and its citizens; and <br />WHEREAS, pursuant to its policy, City has enacted Ordinance <br />No. 729, designating portions ofthe 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 collectively called "Dis�rict", such Ordinances being <br />in compliance with the Municipal Annation Act of Texas, codified <br />as Section 42.044, Texas Local Gove ent Code; and <br />WHEREAS, Company is the owner'of land within a designated <br />Industrial District of the City of La Porte, said land being <br />legally described on the attached Exhibit "A" (hereinafter <br />"Land"); and said Land being more particularly shown on a plat <br />attached as Exhibit "B", which plat describes the: ownership <br />boundary lines; a site layout, showing all improvements; including <br />pipelines and railroads, and also showing areas of the Land <br />previously annexed by the City of La Porte; and <br />WHEREAS, City desires to encourage the expansion and growth <br />of industrial plants within said Districts and for such purpose <br />desires to enter into this Agreement with Company pursuant to <br />Ordinance adopted by the City Council of said City and recorded in <br />the official minutes of said City: <br />