Laserfiche WebLink
<br />I. <br /> <br />. <br /> <br />. <br /> <br />Industrial District Agreement - 7 <br /> <br />_ of failure of Company to file either such petition, or such descrip- <br />. tion, City shall have the right by notice in writing to Company to <br />cancel and terminate this Agreement. <br /> <br />x. <br /> <br />This Agreement shall inure to the benefit of and be binding upon <br /> <br />City and Company, and upon Company's successors and assigns, affili- <br /> <br />ates and subsidiaries, and shall remain in force whether Company sells, <br /> <br />assigns, or in any other manner disposes of,either voluntarily or by <br /> <br />operation of law, all or any part of the property belonging to it <br /> <br />within the territory hereinabove described, and the agreements herein <br /> <br />contained shall be held to be covenants running with the land owned by <br /> <br /> <br />4It Company situated within said territory, for so long as this Agreement <br /> <br />or any extension thereof remains in force. <br /> <br />XI. <br /> <br />If City enters into an Agreement with any other landowner with <br /> <br />respect to an industrial district or enters into a r~ewal of any <br /> <br />existing industrial district agreements after the effective date <br /> <br />hereof and while this Agreement is in effect, which contains terms <br />and provisions more favorable to the landowner than those in this <br />Agreement, Company and its assigns shall have the right to am~nd this <br /> <br />Agreement and City agrees to amend same to embrace the more favorable <br /> <br />. <br /> <br />terms of such agreement or renewal agreement. <br /> <br />ENTERED INTO this 31st day of August, 1972. <br /> <br />(COMPANY) <br /> <br />BY~?, p';:ia~' <br /> <br />ATTEST: <br /> <br />Secretary <br /> <br />. <br /> <br /> <br />CITY OF LA PORTE <br /> <br />BY~ ~'~4 <br /> <br />Nayor <br /> <br />(Revised: 8-72) <br />