12-14-20 Drainage and Flooding Committee Meeting

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WHEREAS, the boundaries of the City of Pasadena and the City of La Porte will be adjusted in accordance with the ETJ reapportionment, annexation and disannexation descriptions contained in the Exhibits A, B, and D attached hereto and by this reference incorporated for all purposes; WHEREAS, the City of Pasadena and the City of La Porte agree and understand that the City of Pasadena intends, after approval by both parties of this Agreement, to annex into the corporate limits of the City of Pasadena the approximate 99 acre tract, also named herein the "Pasadena Annexation Property" and described herein by Exhibit "A"; and, to disannex that portion of the La Porte Property that is contained within the corporate limits of Pasadena; and WHEREAS, after such ETJ boundary adjustment by the City of La Porte placing the La Porte property within La Porte's exclusive ETJ, and by the City of Pasadena placing the Pasadena Annexation Property within Pasadena's exclusive ETJ, and subsequent annexation by the City of Pasadena of the Pasadena Annexation Property, the City of Pasadena desires to make certain drainage improvements to the Pasadena Annexation Property (the "Drainage Improvements") as further described on Exhibit "C" attached hereto and by this reference incorporated herein for all purposes, which Drainage Improvements are anticipated to provide drainage improvements for the benefit of both the City of Pasadena and the City of La Porte. NOW THEREFORE, for and in consideration of the payment of Ten Dollars ($10.00) cash and other good and valuable consideration paid each unto the other, the sufficiency of which is hereby acknowledged and confessed the City of Pasadena and the City of La Porte hereby agree as follows: 1. The City of La Porte will take all required governmental processes to approve this Agreement, which when adopted does hereby cause and implement the adjustment of its boundaries such that the La Porte Property will become a part of and within the exclusive extraterritorial jurisdiction of the City of La Porte, and the Pasadena Annexation Property can be released to and become a part of and within the exclusive extraterritorial jurisdiction of the City of Pasadena; for purposes of La Porte's acquisition of the La Porte Property into its ETJ it is stipulated to by both parties that the portion of the La Porte property that is within the corporate limits of Pasadena, and which shall be disannexed by Pasadena pursuant to but after approval of this Agreement, shall immediately become part of the exclusive ETJ of La Porte upon the effective date of said disannexation, without further action required by La Porte. 2. The City of Pasadena will take all required governmental processes to approve this Agreement, which when approved does hereby cause and implement the adjustment of its boundaries such that the Pasadena Annexation Property will become a part of and within the extraterritorial jurisdiction of the City of Pasadena, and that portion of the La Porte Property that is within the ETJ of Pasadena will be released to and become a part of and within the exclusive extraterritorial jurisdiction of the City of La Porte. Furthermore, after approval of