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NO, 2020 IDA= <br />STATE OF TEXAS ' <br />COUNTY OF HARRIS <br />INDUSTRIlgI; :DISTRICT AGREEMENT <br />This AGREEMENT :made and entered into by and between the CITY: <br />OF LA PORTE, TEXAS, a municipal corporation of Harris Count: <br />Texas, hereinafter called "CITY", and f-/yoRo—�r►y,�ni� y' <br />a 2 a� Z "T�74ff , LzG <br />called "COMPANY" corporation, hereinafter <br />W I T N E S.S E T H� <br />;WHEREAS, it .is the established polic <br />the ..City of La -Porte, Texas, : to a opt such reasonable Y,of the ouncil of <br />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 Cit <br />y and t <br />.environs by attracting the location of new and the , expansion lot <br />existing industries therein, and such policy is hereby reaffirmed <br />and adopted by this city y Council as being in the .best interest: of <br />the City and its -citizens; and <br />WHEREAS, pursuant to its. polic <br />No. 729g Yf: City has.:enacted Ordinance <br />designating, portions of:. the area located in its <br />extraterritorial jurisdiction as :.the "Battleground Industrial <br />Dstrrct of La' Porte, Texas", and Ordinance.No. 842A, designatiiig- <br />.Portions of the :area located in its extraterritorial jurisdiction <br />e the "Bayport Industrial District Hof La Porte, . Texas", <br />hereinafter:collectivel:y:called ".District <br />in compliance with the Municipal Annexation Act ofOTexasnccodies bf ' <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 tYe attached Exhibit "A" <br />"hand") and said Land bein more ( erein fter <br />g particularly shown hon : a aplat <br />attached:.: As Exhibit "B", which <br />Plat describes the :ownership <br />boundary lines; a site layout, :showing all improvements., including <br />pipelines :. <br />and railroads. and also. showing -areas previouslyof the hand <br />annexed by the City of La .:Porte; and <br />WHEREAS, City desires to encourage ,the: expansion. and of .industrial growth. <br />plants within said Districts and: for such <br />desires to enter into this Agree <br />Ordinance ment with Com ari purpose <br />Company pursuant. to <br />nadopted by the City Council of said City and recorded in <br />the. official minutes of said.City: <br />NOW, THEREFORE, in consideration: of the -premises and the. <br />mutual agreements of the parties contained herein and pursuant to <br />the authority granted under ::the Municipal Annexation Act: and .the <br />Ordinances of City referred to above, city and Company hereby <br />Agree with each other as:.follows: <br />