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NO, 2007-IDA- A <br />STATE OF TEXAS <br />COUNTY OF HARRIS <br />r MUSTRIAL DISTRICT AMEENT <br />This AGREEmSNT made and entered into by and between the CITY <br />OF LA FORTE, TEXAS, a municipal Corporation of Harris County, <br />Texas, hereinafter called "CITY", and GAG" l�L-C <br />a -j"g, �� co oration, hereinafter <br />ca�,led "COMI�ANXp, <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 "All (hereinafter <br />vLand"); and said Land being more particularly shown on a plat <br />attached as Exhibit. "B", which plat describes the ownership <br />boundary lines; a si;e layout, showing all improvements, including <br />pipelines and railroads, and also showing areas of the ijand <br />previously annexed b.r the City of Tea Porte; and <br />WHEREAS, City c:esixes to encourage the expansion and growth <br />of industrial plants. within said Districts and for such purpose <br />desires to enter ir:to 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 />FINAL DRAFT: Novemt�ar 1, 2007 <br />