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<br />• expresses its belief that such industrial district agreements are conducive <br />to development of existing and future industry, are to the best interest of <br />all citizens of this CityP and City hereby encourages future City Commissions <br />to enter into, future industrial agreements and to extend for additional periods <br />permitted by law this industrial agreement upon the request of Companyd its <br />successors or assignee <br />(4) This agreement shall inure to the benefit of and be binding upon <br />City and Company, its assigneeso successorso affiliates and subsidiaries„ <br />and shall remain in force whether Company sells, assigns or in any other <br />manner disposes ofo either voluntarily or by operation of laws all or any part <br />of the property belonging to it within said districts and the agreements herein <br />• contained shall be held to be covenants running with the land described in <br />said deed dated ,for so long as this agreement <br />or any extension thereof remains in force, <br />ENTERED into this 1st day of January 196 b ° <br />• <br />ATTEST <br />~-.~ <br />Sec etary <br />APPRO~TED AS TO FORMo <br />~ y~ <br />SOUT.HV~IEST CHEMICAL & PLASTICS CO° <br />President <br />CITY OF LA PORTS <br />°6® <br />~~-~" City Tax Assessor <br />