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' mop <br />NO. 2007-IDA-/V*I'A ' <br />STATE OF TEXAS ' <br />COUNTY OF HARRIS ' <br />INDUSTRIAL DISTRICT AGREEMENT <br />This AGREEMENT made and entered into by and between the CITY <br />OF LA PORTE, TEXAS, a municipal corporation of Harris County, <br />Texas, hereinafter called "CITY", and ALlLn4 Tr-#i_15 FnZ <br />J-0 iNe- <br />a TcLI.A10t 5 corporation, h reinafter <br />called "COMPANY", <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 by law and which will tend to <br />enhance the economic stability and growth 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 of the 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 "District", such Ordinances being <br />in compliance with the Municipal Annexation Act of Texas, codified <br />as Section 42.044, Texas Local Government 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 <br />of industrial plants within said Districts <br />desires to enter into this Agreement with <br />Ordinance adopted by the City Council of said <br />the official minutes of said City: <br />expansion and growth <br />and for such purpose <br />Company pursuant to <br />City and recorded in <br />FINAL DRAFT: November 1, 2007 <br />1 <br />