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IDA-353 - du Pont de Nemours, 1979 & 1965 agreements
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IDA-353 - du Pont de Nemours, 1979 & 1965 agreements
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10/29/2007 4:31:43 PM
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La Porte TX
Document Type
Ordinances
Date
8/15/1979
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<br />f; <br /> <br />. ' <br /> <br />e <br /> <br />e <br /> <br />Industrial District Agreement - 10 <br /> <br />.e <br /> <br />VIII. <br /> <br />This Agreement shall inure to the bene~it of and be binding upon <br /> <br />City and Company, and upon Company's successors and assigns, affili- <br />ates and subsidiaries, and shall remain in force whether Company <br /> <br />sells, assigns, or in any other manner disposes of, either voluntar- <br /> <br />ily or by operation of law, all or any part of the property belonging <br /> <br />to it within the territory hereinabove described, and the agreements <br /> <br />herein contained shall be held to be covenants running with the land <br /> <br />ow~ed by Company situated within said territory, for so long as this <br />Agreement or any extension thereof remains in force. <br /> <br />e <br /> <br />IX. <br /> <br />If Ci ty enters into an' Agreement. wi th other landowner wi th <br /> <br />respect to an industrial district or enters into a renewal of any <br />. :' <br /> <br />existing industrial district agreements, after the effective ,date <br /> <br />. hereof and while this Agreement is" in efft:ct, which' contains terms <br /> <br />and provisions more favorable to the landowner than .those in' this <br /> <br />Agreement, Company and its assigns' shall have the right to amend. this <br /> <br />Agreement and City agrees to amend same to embrace the more favorable <br /> <br />terms of such agreement or renewal agreement. <br /> <br />- <br /> <br />ENTERED INTO this 15th day of August, 1979. <br /> <br />E. I. DUPONT DE NEMOURS AND <br />COMPANY, INC. (COMPANY) <br /> <br />By U/.h~ <br /> <br />Senior Vice Presldent <br /> <br />~:4' <br />Asst. SCl.:r.c ti' . Y <br />e <br /> <br /> <br />," <br />
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