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12-14-1983 Special Meeting Industrial Development Corporation Board of Directors
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12-14-1983 Special Meeting Industrial Development Corporation Board of Directors
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11/2/2016 12:06:57 PM
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
12/14/1983
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<br /> '~'W".:,Cj"r).,; i;;L:~~;I~..~~"*~~1~f~f'r~r~:.;:;,;--_~---~~~.;.;.;.;;;:;~~"::,:::..--::~~-_ .._ <br />. e <br />' ' e <br /> , - - <br />e <br /> Industrial District Agreement - 3 <br /> the foregoing and and to the later provisions of this Agreement, <br /> City does further covenant, agree and guarantee that such industrial <br /> district, to the extent that it covers said land lying within said <br /> District and not now' wi thin the corporate limits of City, or to be <br /> annexed under the provisions of Article II hereof, shall be immune <br /> from annexation by city during the term hereof (except as hereinafter <br />. provided) and shall have no right to have extended to it any services <br /> ..' <br /> by City, and that all of said land, including that \vhich has been <br /> heretofore or which may be annexed pursuant to the later provisions <br />e of this Agreement, shall not have extended to it by ordinance any <br /> rules and regulations (a) governing plats and subdivisions of land, <br /> (b) prescribing any building, electrical, plumbing or inspection <br /> code or codes, or (c) attempting to exercise in any manner whatever <br /> control over the conduct of business thereon; provided, however, it <br /> is agreed that City shall have the right to institute or interve:ne <br /> in any judicial proceeding authorized by,the Texas Water Code or the <br /> . <br /> Texas Clean Air Act to the same extent and , to the same intent and <br /> effect as if all land covered by this Agreement were located within <br /> the corporate limits of City. <br /> -. <br /> II. <br /> ( A) A portion of '~..le hereinabove described property has hereto- <br />e fore been annexed by City. Company has filed with City, coincident <br /> with the execution hereof, its petition to City to annex an add i- <br /> : <br /> tional portion of the hereinabove described property, to the end <br /> that twenty~five per cent (25%) of the total value of the land and <br /> improvements hereinabove described shall be annexed to City. Com- <br /> pany agrees to render and pay full City ad ' valorem taxes on such <br /> annexed land and improvements, and tangible personal property. <br /> (l) For tax, years 1980 and 1981, Company also aCJrees to render <br />e and pay an additional amount lIin lieu of taxesll on Company's <br /> land, improvements, and tanCJible personal property in the un- <br /> --~- --~- <br />
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