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<br />". <br /> <br />e' <br /> <br />. <br /> <br />. <br /> <br />NOTICE: THI~ CONTRACT IS SUBJECT TO ARBITRATION <br />UNDER THE '!'EXJ\S GENERM. J\lmITHNl'ION J\CT, J\R'rICIJE <br />224, ET. SEQ., REVISED CIVIL STJ\TUTES OF TEXAS <br /> <br />1 <br /> <br />THE STATE OF TEXAS S <br />S <br />COUNTY OF HARRIS S <br />S <br />CITY OF LA PORTE S <br /> <br />INDUSTRIAL DISTRICT AGREEMENT ' <br /> <br />This AGREEMENT made and entered into by and between the CITY OF <br /> <br />LA PORTE, TEXAS, a municipal corporation of Harris CountYt, Texa~" <br />hereinafter called nCITyn, and PETRO LITE CORPORATION, with offices located at 100 <br /> <br />North Broadway, St. Louis, Missouri 63102 , a <br />corporation, hereinafter called nCOMPANY", <br /> <br />De laWJre <br /> <br />-- <br /> <br />WIT N E SSE T H! That <br /> <br />WUEREAS, it is the established policy of the City Commission of <br /> <br />"the City of La Porte, Texas, to adopt such reasonable measures from <br /> <br />time to time as are permitted by law and which will tend. to enhance <br />the economic stability and growth of the City and i1~s environs by <br />attracting the location of new and the expansion of existing indus- <br />tries therein, and such policy is hereby reaffirme'd and adopted by <br />this City Commission as being in the best interest of the City and <br />its citizens; and <br />WHEREAS, Company is the owner of a certain tract(s) of land more <br />particularly described in the Deed ,Records of Harris County, Texas, <br />in t~e following Volume and Page references, to-wit: <br /> <br />. <br /> <br />The 125.179 acre tract as set forth in Correction Deed dated December 20, 1974, and <br />recorded in the Harris County Clerkls office under File Number E 340787, Film Code <br />'114-20-2076 through 114-20-2085, said tract being more specifically described on Exhibit <br />A, which is attached hereto and made a' part hereof. <br /> <br />. (Revised: <br /> <br />8-79 ) <br />