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O-1987-1570
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O-1987-1570
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Last modified
11/2/2016 3:38:45 PM
Creation date
7/20/2006 3:38:46 PM
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Legislative Records
Legislative Type
Ordinance
Date
12/7/1987
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<br />'. . <br /> <br />e <br /> <br />e <br /> <br />Industrial District Agreement - 2 <br /> <br />upon which tract(s) Company has either constructed an industrial <br /> <br /> <br />plant(s) or contemplates the construction of an industrial p1ant(s)~ <br /> <br /> <br />and <br /> <br />WHEREAS, pursuant to its policy, City has enacted Ordinance No. <br />729, designating portions of the area located in its extraterritorial <br />jurisdiction as the "Battleground Industrial District of La Porte, <br />Texas," and Ordinance No. 842, designating portions of the area lo- <br />cated in its extraterritorial jurisdiction as the "Bayport Industrial <br />District of La Porte, Texas," hereinafter collectively called "Dis- <br />trict," such Ordinances being in compliance with the Municipal Annex- <br />ation Act of Texas, Article 970a, Vernons Annotated Revised Civil <br />Statutes of Texas~ and <br />WHEREAS, City desires to encourage the expansion and growth of <br />industrial plants within said Districts and for such purpose desires <br />to enter into this Agreement with Company pursuant to Resolution <br />adopted by the City Council of said City and recorded in the official <br />minutes of said City: <br />NOW, THEREFORE, in consideration of the premises and the mutual <br />agreements of the parties contained herein and pursuant to the <br />authority granted under the Municipal Annexation Act and the Ordinances <br />of City referred to above, City and Company hereby agree with each <br />other as follows: <br /> <br />I. <br /> <br />Ci ty covenants, agrees and guarantees that during the term of <br /> <br /> <br />this Agreement, provided below, and subject to the terms and provisions <br /> <br /> <br />of this Agreement, said District shall continue and retain its <br /> <br />extraterritorial status as an industrial district, at least to the <br /> <br /> <br />extent that the same covers the land described above and belonging to <br /> <br /> <br />Company and its assigns, and unless and until the status of said <br /> <br /> <br />land, or a portion or portions thereof, as an industrial district may <br /> <br /> <br />be changed pursuant to the terms of this Agreement. Subject to <br />
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