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<br />-. (- <br /> <br />. <br /> <br />f ~ '. <br />.. <br /> <br />, . <br /> <br />NOTICE: THIS CONTRl\CT IS SUBJECT TO l\RBITRJ\TION <br />. UNDI::E TIlE TeXAS GDIEHi\L AHBITI\ATION l\CT, ARTICLE <br />224, E'l'. SEO., REVISED CIVIL STATUTES OF TEXl\S <br /> <br />THE STATE OF TEXAS 5 <br />5 <br />COUNTY OF HARRIS 5 <br />5 <br />CITY OF, LA PORTE 5 <br /> <br />INDUSTRIAL DISTRICT AGREEMEnT <br /> <br />This AGREEHENT made and entered into by and between the CITY OF <br /> <br />LA PORTE, TEXAS, a municipal corporation of Harris Count;.y, Texas, <br /> <br />hereinafter called "CITY", and LA! PROPER'T'TF.S, TNr. <br /> <br />, a Delaware <br /> <br />corporation, hereinafter called "COMPANY", <br /> <br />WIT N E SSE T H: That <br /> <br />WHEREAS, it is the established policy of the City Commission of <br /> <br />the City of La Porte, Texas, to adopt such reason~ble measures from <br />time to time as are permitted by law and ,which will tend to enhance <br /> <br />the economic stability and growth of the City and its environs by <br /> <br />attracting the location of new and the expansion of existing indus- <br /> <br />tries therein, and such policy is hereby reaffirmed and adopted by <br /> <br />this City Commission as being in the best interest of the Ci ty and <br /> <br />its citizens; and <br /> <br />WHEREAS, Company is the owner of a certain tr~~t(s) of land more <br /> <br />particularly described in the Deed Records of Harris County,_ Texas, <br /> <br />in the following Volume and Page references, to-wit: <br /> <br />those certain tracts or parcels of land described in Exhibit <br />"A" attached hereto and made part hereof, save and except <br />that certain tract of land described in Exhibit "B" attached <br />hereto and made part hereof, all of said land being in the <br />Richard Pearsall 1/3 League, A-fi25, Harris County, Texas. <br /> <br />(Hcvised: 8-79) <br />