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N0. 2007-IDA-~P"` § <br />STATE OF TEXAS § <br />COUNTY OF HARRIS § <br />RECEIVED <br />~o~ ~ ~ ~o~ <br />INDUSTRxAL DISTRICT AGNT~ T~ ~~tC <br />This AGREEMENT made and entered into by and between the CITY <br />OF LA PORTS, TEXAS, a municipal corporation of xrarris County, <br />Texas , " ITY" , and ~i r3'f ~ns~.~cS~t~a-r ~+G~ts , ,~ <br />here~.naftar~ ~ W4~~~ „t-t° corporation,, hereinafter <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 tune 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 Gity 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 />Distract 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 Ordanances~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 dasr*r; bes the o;:*: ership <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 />__~- -.. FT~Tp,I,-DRAF'T-~IIC-Y-effibar---Zr--ZA~D-'~------___ <br /> <br />