R-1966-51 - Laserfiche WebLink

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. , I . -i . -t INDUSTRIAL AGREEMENT THIS AGREEMENT entered into between the City ot LaPorte, Texas, a municipal corporation, hereinafter called "City", and Phillips Petroleum Company, a Delaware corporation with a permit to do business in Texas, hereinafter called "Phillips II , WITNESSETH: WHEREAS, City has a long-established policy ot endeavoring to attract industry and expand its growth, thereby enhancing the economic stability and growth of City, pursuant to which City entered into an agreement dated December 22, 1958, with Phillips and certain other industries therein named, which agreement was thereafter amended by a subsequent agreement between City, Phillips and said other industries dated December 30, 1961, to which agreements reference is here made; and WHEREAS, further pursuant to said policy City has enacted Ordinance No. 729 designating a part of the area located in its extraterritorial juris- diction as an industrial district to be mown as "The Battleground Industrial District of LaPorte", hereinafter called the "District", such ordinance being in compliance with the provisions of Article I, Section 5 ot the "Municipal Annexa- tion Act", H.B. 13, Acts of the 58th Legislature of the State of Texas, Regular Session" 1963; and ~, Phillips is the owner of those certain lands described in deeds dated April 4, 1956, recorded in Volume 3132, Page 541, and dated May 12, 1959, recorded in Volume 3700, Page 487 ot the Deed Records ot Harris County, Texas, . to which reference is here made, a portion of which land is annexed to the City by City's Ordinances Nos. 637 and 700, to which reference is here made, and a portion ot which land lies within the District; and . WHEREAS, City desires to encourage the industrial. development of said land owned by Phillips within said District as well as within the area annexed to City by said Ordinances Nos. 637 and 700, and tor such purpose desires to enter into this agreement with Phillips pursuant to resolution adopted by the City Council ot said City, and recorded in the official minutes of said City. NOW, THEREFORE, in consideration of the premises and the mutual agreements ot the parties herein contained, and pursuant to the authority granted under the Texas Municipal Annexation Act referred to above, the parties hereby agree as follows: