N0. 2007-IDA- "f~ §
<br />STATE OF TEXAS § ~~QY ~ ~ ~~~
<br />COUNTY OF HARRIS ~ ~~
<br />INDUSTRIAL DISTRICT AGREEMENT
<br />This AGREEMENT 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 ~--i~+de. ~~s ~~~,~ c~, ~.LG
<br />a ~~~Gt~1~~ corporation, hereznar
<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 />nT.~„rl n } ~,,,~ c~ 7 ~ T.~r,ri }yci nn mnrA riar~ i rail arl v ~'hnum nn a nl ~~
<br />s.,uaa..a ! , ,.,.~~,..,, ....~ ~..~~...~ ...» ~~ .....~.. i...... .. ~,. .~.....,.~.~j ..«.. .. ~~ ...~~ ... ~, ~,.. ,.
<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 />FINAL DRAFT: November 1, 2007
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