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NO-. 2020 rDA- < Id - <br />STATE OF TEXAS ' <br />Oat of HARRIS <br />INDUSTRIAL DISTRICT .AGRHSNMW I( <br />Thus -AGREEMENT made and entered, into by and between the CITY <br />OF LA PORTE, TEXAS, a municipal corpora "o of iS, o n <br />Texas, hereinafter called "CITY", and /�tW <br />a corporation, here.nafte <br />called "COMPANY", <br />WI TN'ES SETH: <br />WHEREAS, it is the established policy of the City Council <br />..the City of La Porte, Texas, to adopt such reasonable measur <br />from time to time as are permitted by law and which will tend <br />enhance the economic stability and growth of the City and i <br />environs by attracting the location of new and* the expansion <br />existing industries therein, and such policy is .hereby reaffirm <br />and adopted by this City Council as being in the beat interest - <br />the City and its citizens; and <br />WHEREAS, pursuant to its policy, City' has enacted Ordinanc <br />No 729, designating portions of the' area located in it <br />extraterritorial jurisdiction as the "Battleground Industria <br />District of La. Porte, Texas"., and Ordinance No. 842A, designatit <br />portions of the area located in its extraterritorial jurisdictic <br />as the "Bayport industrial District of La Porte, Texas° <br />hereinafter collectively called "District", such ordinances beir, <br />in compliance with the Municipal Annexation Act of Texas, codifie <br />as. Section 42.044, Texas Local Government Code; and <br />SEAS, Company is the owner of land within a des-ic <br />Industrial District of the City of La Porte, said land <br />legally described on the - attached Exhibit "Al' (hereir. <br />"Land"); and said Land being more particularly shown on a <br />attached as Exhibit "B", which plat describes the owne <br />boundary lines; a site layout, showing all improvements, incl <br />pipelines and railroads, and also showing areas of the - <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 purpos <br />desires to enter into this Agreement with Company pursuant t <br />Ordinance adopted by the City Council of said City and recorded . <br />the official minutes of said City-: I <br />NOW, THEREFORE, in consideration of the premises and th <br />mutual agreements of the parties contained herein and pursuant t <br />the authority granted under the Municipal Annexation. Act and tho <br />Ordinances of City referred to above, City and Company hereby <br />agree with each other as follows: <br />J <br />