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<br />t". <br /> <br />'. <br /> <br />.. <br /> <br />. <br /> <br />NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION <br />UNDlm TilE 'l'EXAS GENERM. AHlHTHA'l'ION ACT, AR'rICLp. <br />224, ET. SEO." REVISED CIVIL STATUTES OF TEXAS <br /> <br />'\ <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 County, Texas, <br />hereinafter called "CITY", and PETRO LITE CORPORATION, with offices located at 100 <br /> <br />orthBroadwa St. Louis Missouri63102 , a <br /> <br />De I aV\CIre <br /> <br />corporation, hereinafter called "COMPANY", <br /> <br />WIT N E SSE T H! That <br /> <br />WaEREAS, it is the established policy of the City Commission of <br />othe City of La Porte, Texas, to adopt such reasonable measures from <br />time to time as are permitted by law and which will tend. to enhance <br />the economic st~bi1ity and growth of the City and its environs by <br />atl~~~Llng the location of new and the expansion of exis~ing ~~dus~_ _ <br />tries therein, and such policy is hereby reaffirmed and adopted by <br />this City Commission as being in the best interest of the City and <br />.s citizens; ana---- <br /> <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 the following Volume and Page references, to-wit: <br /> <br />The 125.179 acre tract as set forth in Correction Deed dated December 20, 1974., and <br />recorded in the Harris County Clerk's 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, wf,ich is attached hereto and made a' part hereof. <br /> <br />.Rcvis,ed: 8-79) <br />