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HomeMy WebLinkAbout93-IDA-24 . . ORDINANCE NO. 93-IDA-24 AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE OF AN INDUSTRIAL DISTRICT AGREEMENT WITH SOLVAY IHTEROX, FOR THE TERM COMMENCING JANUARY 1, 1994, AND ENDING DECEMBER 31, 2000; MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: section 1. SOLVAY INTEROX has executed an industrial district agreement with the City of La Porte, for the term commencing January 1, 1994, and ending December 31, 2000, a copy of which is attached hereto, incorporated by reference herein, and made a part hereof for all purposes. section 2. The Mayor, the City Manager, the City Secretary, and the City Attorney of the City of La Porte, be, and they are hereby, authorized and empowered to execute and deliver on behalf of the City of La Porte, the industrial district agreement with the corporation named in section 1 hereof. section 3. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the Ci ty for the time required by law preceding this meeting, as required by the Open Meetings Law, Article 6252-17, Texas Revised Civil statutes Annotated; and that this meeting has been open to the public as required by law at all times during which this ordinance and the subj ect matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. . . ORDINANCE NO. 93-IDA-24 PAGE 2 section 4. This Ordinance shall be effective from and after its passage and approval, and it is so ordered. PASSED AND APPROVED, this 10th day of January, 1994. CITY OF LA PORTE By: ~~~ /N rman L. Malo , Mayor ATTEST: ~~ Sue enes,..... City Secretary ~~ .tJ Knox W. Askins, City Attorney . . - . CITY OF LA PORTE PHONE (7131 471-5020 . P. O. BOx 1 1 15 . LA PORTE. TEXAS 77572 January 11, 1994 Solvay - Interox Attn: Russell L. Spalinger c/o Protrac, Inc. 1155 Dairy Ashford, suite 806 Houston, TX 77079 Re: City of La Porte Industrial District Agreement, Effective January 1, 1994. Dear Mr. Spalinger: I am pleased to enclose herewith fully executed duplicate original copy of the industrial district agreement between your firm and the City of La Porte, effective January 1, 1994, for the term expiring December 31, 2000. I also enclose certified copy of the City of La Porte's approval ordinance, for your records. Thank you for your cooperation in this matter. If my office can ever be of assistance to ypur firm, please do not hesitate to call. Yours very truly, CITY OF LA PORTE By: G<~ T'. ~ Robert T. Herrera City Manager RTH:sw Enclosures This AGREEMENT made and entered into by and between the CITY OF LA PORTE, TEXAS, a municipal corporation of Harris County, Texas, hereinafter called "CITY", and SOLVAY INTEROX , a TEXAS PARTNERSHIP ~, hereinafter called "COMPANY", WIT N E S S .E T H: WHEREAS, it is the established policy of the City Council of the City of La Porte, Texas, to adopt such reasonable measures from time to time as are permitted by law and which will tend to enhance the economic stability and growth of the City and its environs by attracting the location of new and the expansion of existing industries therein, and such policy is hereby reaffirmed and adopted by this City Council as being in the best interest of the City and its citizens; and- WHEREAS, pursuant to its policy, City has enacted Ordinance No. 729, designating portions of the area located in its extraterritorial jurisdiction as the "Battleground Industrial District of La Porte, Texas", and Ordinance No. 842A, designating portions of the area located in its extraterritorial jurisdiction as the "Bayport Industrial District of La Porte, Texas", hereinafter collectively called "District", such Ordinances being in compliance with the Municipal Annexation Act of Texas, codified as section 42.044, Texas Local Government Code; and WHEREAS, Company is the owner of land within a designated Industrial District of the city of La Porte, said land being legally described on the attached Exhibit "A" (hereinafter "Land") ; and said Land being more particularly shown on a plat attached as Exhibit "B", which plat describes the ownership boundary lines; a si te layout, showing all improvements, including pipelines and railroads, and also showing areas of the Land previously annexed by the City of La Porte; and WHEREAS, City desires to encourage the expansion and growth of industrial plants within said Districts and for such purpose desires to enter into this Agreement with Company pursuant to Ordinance adopted by the City Council of said City and recorded in the official minutes of said City: NOW, THEREFORE, in consideration of the premises and the mutual agreements of the parties contained herein and pursuant to the authority granted under the Municipal Annexation Act and the Ordinances of City referred to above, city and Company hereby agree with each other as follows: Revised: October 22, 1993 , ' . e e \. I. City covenants, agrees and guarantees that during the term of this Agreement, provided below, and subject to the terms and provisions of this Agreement, said District shall continue to retain its extraterritorial status as an industrial district, at least to the extent that the same covers the Land belonging to Company and its assigns, unless and until the status of said Land, or a portion or portions thereof, as an industrial district may be changed pursuant to the terms of this Agreement. Subject to the foregoing and to the later provisions of this Agreement, City does further covenant, agree and guarantee that such industrial district, to the extent that it covers said Land lying within said District and not now within the corporate iimits of City, shall be immune from annexation by City during the term hereof (except 'as hereinafter provided) and shall have no right to have extended to it any services by City, and that all Land, including that which has been heretofore annexed, shall not have extended to it by ordinance any rules and regulations (a) governing plats and subdivisions of land, (b) prescribing any building, electrical, plumbing or inspection code or codes, or (c) attempting to exercise in any manner whatever control over the conduct of business thereon; provided, however, it is agreed that City shall have the right to institute or intervene in any administrative and/or judicial proceeding authorized by the Texas Water Code, the Texas Clean Air Act, the Texas Health & Safety Code, or other federal or state environmental laws, rules or regulations, to the same extent and to the same intent and effect as if all Land covered by this Agreement were not subject to the Agreement. II. In the event that any portion of the Land has heretofore been annexed by City, Company agrees to render and pay full City ad valorem taxes on such annexed Land and improvements, and tangible personal property. Under the terms of the Texas Property Tax Code (S.B. 621, Acts of the 65th Texas Legislature, Regular session, 1979, as amended), the appraised value for tax purposes of the annexed portion of Land, improvements, and tangible personal property shall be determined by the Harris County Appraisal District. The parties hereto recognize that said Appraisal District has no authority to appraise the Land, .j.mprovements, and tangible personal property in the unannexed area for, the purpose of computing the "in lieu" payments hereunder. Therefore, the parties agree that the appraisal of the Land, improvements, and tangible personal property in the unannexed area shall be conducted by City, at City's expense, by an independent appraiser of City's selection. The parties recognize that in making such appraisal for "in lieu" payment purposes, such appraiser must of necessity appraise the entire (annexed and unannexed) Land, improvements, and tangible personal property. Nothing herein contained shall ever be interpreted as lessening the authority of the Harris County Appraisal District to establish the appraised value of Land, improvements, and tangible personal 2 . . . e e property in the annexed portion, for ad valorem tax purposes. III. A. On or before April 15, 1994, and on or before each April 15th thereafter, unless an extension is granted. in accordance with the Texas Property Tax Code, through and including April 15, 2000, Company shall provide city with a written description of its Land and all improvements and tangible personal property located on the Land as of the immediately preceding January 1st, stating its opinion of the Property's market value, and being sworn to by an authorized officer of the Company authorized to do so, or company's duly authorized agent, (the Company's "Rendition"). Company may file such Rendition on a Harris County Appraisal District rendition form, or similar form. The properties which the Company must render and upon which the "in lieu of" taxes are assessed are more fully described in subsections 1, 2, and 3 of subsection D, of this Paragraph III (sometimes collectively called the "Property"). A failure by Company to file a Rendition as provided for in this paragraph, shall constitute a waiver by Company for the current tax year, of all rights of protest and appeal under the terms of this Agreement. B. As part; of its rendition, Company shall furnish to City a written report of the names and addresses of all persons and entities who store any tangible personal property on the Land by bailment, lease, consignment, or other arrangement with Company ("products in storage"), and are in the possession or under the management of Company on January 1st of each Value Year, further giving a description of such products in storage. C. On or before the later of December 31, 1994, or 30 days from mailing ~f tax bill and in like manner on or before each December 31st thereafter, through and including December 31, 2000, Company shall pay to City an amount "in lieu of taxes" on Company's Property as of January 1st of the current calendar year ("Value Year"). . D. Company agrees to render to City and pay an amount "in lieu of taxes" on company's Land, improvements and tangible personal property in the un annexed area equal to the sum of: 1. (a) Fifty percent (50%) of the amount of ad valorem taxes which would be payable to City if all of the Company's Land and improvements which existed on January 1, 1994, January 1, 1995, and January 1, 1996, had been within the corporate limits of city and appraised each year by City's independent appraiser; and (b) Fifty-three percent (53%) of the amount of ad valorem taxes which would be payable to City if all of the Company's Land and improvements which existed on January 1, 1997, January 1, 1998, January 1, 1999, and January 1, 2000, had been within the corporate limits of City and appraised each year by 3 . ' . e e City'~ independent appraiser; and 2. (a) On any Substantial Increase in value of the Land, improvements, and tangible personal property (excluding inventory) dedicated to new construction, in excess of the appraised value of same on January 1, 1993, resulting from new construction (exclusive of construction in progress, which shall be exempt from taxation), for each Value Year following completion of construction in progress, an amount equal to Thirty percent (30%) of the amount of ad valorem taxes which would be payable to City if all of said new construction had been within the corporate limi ts of City and', appraised by ci ty' s independent appraiser. (b) A Substantial Increase in value of the Land and improvements as used in subparagraph 2(a) above, is defined as an increase in value that is the lesser of either:.. i. at least Five percent (5%) of the total appraised value of Land and improvements, on January 1, 1993; or ii. a cumulative value of at least $3,500,000.00. For the purposes of this Agreement, multiple projects that are completed in a Value Year can be cumulated to arrive at the amount for the increase in value. (c) If existing property values have depreciated below the value established on-January 1, 1993, an amount equal to the amount of the depreciation will be removed from this calculation to restore the value to the January 1, 1993, value; and 3. (a) Fifty-percent (50%) of the amount of ad valorem taxes which would be payable to City on all of the Company's tangible personal property of every description, including, without limitation, inventory, oil, gas, and mineral interests, items of leased equipment, railroads, pipelines, and products in storage located on the Land, if all of said tangible personal' property which existed on January 1, 1994, January 1, 1995, and January 1, 1996, had been within the corporate limits of City and appraised each year by the city's independent appraiser; (b) Fifty-three percent (53%) of the amount of ad valorem taxes which would be payable to City on all of the Company' s tangible personal property of every description, including, without limitation, inventory, oil, gas, and mineral interests, items 4 . ' , e e of leased equipment, ,railroads, pipelines, and products in storage located on the Land, if all of said tangible personal property which existed on January 1, 1997, January 1, 1998, January 1, 1999, and January 1, 2000, had been within the corporate limits of city and appraised each year by the city's independent appraiser. wi th the sum of 1, 2 and 3 reduced by the amount of ci ty' s ad valorem taxes on the annexed portion thereof as determined by appraisal by the Harris County Appraisal District. IV. This Agreement Shall extend for a period beginning on the 1st day of January, 1994, and continuing thereafter until December 31, 2000, unless extended for an additional period or periods of time upon mutual consent of Company and ci ty as provided by the Municipal Annexation Act; provided, however, that in the event this Agreement is not so extended for an additional period or periods of time on or before August 31, 2000, the agreement of City not to annex property of Company within the District shall terminate. In that event, City shall have the right to commence immediate annexation proceedings as to all of Company's property covered by this Agreement, notwithstanding any of the terms and provisions of this Agreement. Company agrees that if the Texas Municipal Act, section 42.044, Texas Local Government Code, is amended after January 1, 1994, or any new legislation is thereafter enacted by the Legislature of the state of Texas which imposes greater restrictions on the right of City to annex land belonging to Company or imposes further obligations on City in connection therewith after the annexation of such land, Company will wa'ive the right to require City to comply with any such additional restrictions or obligations and the rights of the parties shall be then determined in accordance with the provisions of said Texas Municipal Annexation Act as the same existed January 1, 1994. . V. This Agreement may be extended for an additional period or periods by agree1'l!-ent between City and Company and/or its assigns even though it is not extended by agreement between City and all of the owners of all land within the District of which it is a part. VI. A. In the event Company elects to protest the valuation for tax purposes set on its said properties by city or by the Harris County Appraisal District for any year or years during the terms hereof, nothing in this Agreement shall preclude such protest and Company shall have the right to take all legal steps desired by it to reduce the same. Notwithstanding such protest by Company, Company agrees to pay to 5 . . . e . City on or before the date therefor hereinabbve provided, at least the total of (a) the total amount of ad valorem taxes on the annexed. portions, plus (b) the total amount of the "in lieu of taxes" on the unannexed portions of company's hereinabove described property which would be due to City in accordance with the foregoing provisions of this Agreement on the basis of renditions which shall be filed by Company. When the City or Harris County Appraisal District (as the case may be) valuation on said property of Company has been so finally determined, either as the result of final judgment of a court of competent jurisdiction or as the result of other final conclusion of the controversy, then within thirty (30) days thereafter Company shall make payment to City of any additional payment due hereunder based on such final ,valuation, together with applicable penalties, interests, and costs., . ' B. ,Should Company disagree with any appraisal made by the independent appraiser selected by City pursuant to Article II above (which shall be given in writing to company), Company shall, within twenty (20) days of receiving such copy, give written notice to the City of such disagreement. In the event Company does not give such written notice of disagreement within such time period, the appraisal made by said independent appraiser shall be final and controll'ing for purposes of the determination of "in lieu of taxes" payments to be made under this Agreement. Should Company give such notice of disagreement, Company shall also submit to the city with such notice a written statement setting forth what Company believes to be the market value of company's hereinabove described property. Both parties agree to thereupon enter into good faith negotiations in an attempt to reach an agreement as to the market, value of Company's property for "in lieu" purposes hereunder. If, after the expiration of thirty (30) days from the date the notice of disagreement was received by City, the parties have not reached agreement as to such market value, the parties agree to submit the' dispute to final arbitration as provided in subparagraph 1 of this Article VI B. Notwithstanding any such disagreement by Company, Company agrees to pay to city on or before December 31 of each year during the term hereof, at least the total of (a) the ad valorem taxes on the annexed portions, plus (b) the total amount of the "in lieu" payments which would be due hereunder on the basis of Company's valuations rendered and/or submitted to City by Company hereunder, or the total assessment and "in lieu of taxes" thereon for the last preceding year., whichever is higher. ' 1. A Board of Arbitrators shall be created composed of one person named by Company, one by City, and a third to be named by those two. In case of no agreement on this arbitrator in 10" days, the parties will join in a written request that the Chief Judge of the U.S. District Court for the Southern District of Texas appoint the third arbitrator who, (as the "Impartial Arbitrator") shall preside over the arbitration proceeding. The sole issue to be determined in the arbitration shall be resolution 6 e .. of the difference between ~he parties as to the fair market value of company's property for calculation of the "in lieu" payment and total payment, hereunder for the year in question. The Board shall hear and consider all relevant and material evidence on that issue including expert opinion, and shall render its written decision as promptly as practicable. That decision sha,ll then be final and binding upon the parties, subj ect only to judicial review as may be available under the Texas General Arbitration Act (Articles 224-238, Vernon's Annotated Revised civil statutes of Texas). Costs of the arbitration shall be shared equally by the Company and the city, provided that each party shall bear its own attorneys fees. VII. City shall be entitled to a tax lien on Company's above described property, all improvements thereon, and all tangible personal property thereon, in the event of default in payment of "in lieu of taxes" payments hereunder, which shall accrue penalty and interest in like manner as delinquent taxes, and which shall be collectible by city in the same manner as provided by law for delinquent taxes. VIII. This Agreement shall inure to the benefit of and be binding upon ci ty and Company, and upon company's successors and assigns, affiliates and subsidiaries, and shall remain in force whether Company sells, assigns, or in any other manner disposes of, either voluntarily or by operation of law, all or any part of the property belonging to it within the territory hereinabove described, and the agreements herein contained shall be held to be covenants running with the land owned by Company situated within said territory, for so long as this Agreement or any extension thereof remains in force. Company shall give City written notice within ninety (90) days, with full particulars as to property assigned and identity of assignee, of any disposition of the Land, and assignment of this Agreement. IX. If City enters into an Agreement with any other la~downer with 'respect to an industrial district or enters into a renewal of any existing industrial district agreements after the effective date hereof and while this Agreement is in effect, which contains terms and provisions more favorable to the landowner than those in this Agreement, Company and its assigns shall have the right to amend this Agreement and City agrees to amend same to embrace the more favorable terms of such agreement or renewal agreement. This Paragraph shall not apply to any Court ordered extension of the term of the Agreement ordered in Southern Ionics, Inc. vs city of La Porte, civil Action H-89-3969, United States District Court, Southern District of Texas. 7 e e X. \. The parties agree that this Agreement complies with existing laws pertaining to the subject and that all terms, considerations and conditions set forth herein are lawful, reasonable, appropriate, and not unduly restrictive of Company's business activities. without such agreement neither party hereto would enter into this Agreement. In the event anyone or more words, phrases, clauses, sentences, paragraphs, sections, articles or other parts of this Agreement or the application thereof to any person, firm, corporation or circumstances shall be held by any court of competent jurisdiction to be invalid or unconstitutional for any reason, then the application, invalidity or unconstitutionality of such words, phrase, clause, sentence, paragraph, section, article or other part of the Agreement shall be deemed to be indepen~ent of and separable from the remainder of this Agr'eement and the validity of the remaining parts of this Agreement shall not be affected thereby. XI. Upon the commencement of the term of this Agreement, all other previously existing industrial district agreements with respect to said.Land shall terminate. ENTERED INTO effective the 1st day of January, 1994. ATTEST: ~ .~ . C1ty Secretary ~~&JL Knox W. Askins City Attorney City of La Porte P.O. Box 1218 La Porte, TX 77572-1218 Phone: (713) 471-1886 Fax: (713) 471-2047 SOLVAY INTEROX (COMPANY) By : ~ r ~ -::-' ~ ~ 0 Name: Foster E. Brown . \rW Title: President ~ Address: 3333 Richmond Avenue Houston, TX 77098 ~ ~ OF LA PORTE By: ~ , N man ~~<- Mayor By: G<J.~ T, ~ Robert T. Herrera City Manager CITY OF LA PORTE P.O. Box 1115 La Porte, TX 77572-1115 8 '. e \. Ad Valorem Services 1155 DAIRY ASHFORD SUITE 806 HOUSTON, TEXAS 77079 (7131 589-0562 FAX (7131 589-9644 October 28, 1993 I RECEIVED; ! Mr. Robert T. Herrera City Manager CITY OF LA PORTE P.O. Box 1115 La Porte, Texas 77572 OCT 2'9 1993 CI TY MANAGERS OFFIC~ . RE: INDUSTRIAL DISTRICf AGREEMENTS (1994-2000) Dear Mr. Herrera: On behalf of Solvay Polymers, Inc. and Solvay Interox, the signed industrial district agreements and related documents accompany this letter as requested. These signed copies should supplant the need for th~ Letter of Intent. It is my understanding that upon the passage of an approval ordinance by City Council, a certified copy of the ordinance and a copy of each fully executed agreement will be mailed or delivered to my office. Working with you and your staff has been a valuable experience and I look forward to our continued relationship. Should you have any questions or require additional information, please do not hesitate to call. Russell L. Spalinger Attachments DELIVERED: OcrOBER 29, 1993 (RLS) .E.... l...,....~_ --- . . .' . e (Revised: 06/86) 1 . ~ k,rjl~' ~i~.m ;.; NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION UNDER THE TEXAS GENERAL ARBITRATION ACT, ARTICLE 224, ET. SEQ., REVISED CIVIL STATUTES OF TEXAS THE STATE OF TEXAS ~ ~ COUNTY OF HARRIS ~ ~ CITY OF LA PORTE ~ INDUSTRIAL DISTRICT AGREEMENT This AGREEMENT made and entered into by and between the CITY OF LA PORTE, TEXAS, a municipal corporation of Harris County, Texas, hereinafter called "CITY" , and Interox America , a Texas Partnership ~!llIJOadxiUlDll, hereinafter called "COMPANY", WIT N E SSE T H: That WHEREAS, it is the established policy of the City Council of the City of La Porte, Texas, to adopt such reasonable measures from time to time as are permitted by law and which will tend to enhance the economic stability and growth of the City and its environs by attracting the location of new and the expansion of existing industries therein, and such policy is hereby reaffirmed and adopted by this City Council as being in the best interest of the City and its citizens; and WHEREAS, Company is the owner of a certain tract(s) of land more particularly described in the Deed Records of Harris County, Texas, in the following Volume and Page references, to-wit: e e .' Industrial District Agreement - 2 upon which tract(s) Company has either constructed an industrial plant(s) or contemplates the construction of an industrial plant(s): and WHEREAS, pursuant to its policy, City has enacted Ordinance No. 729, designating portions of the area located in its extraterritorial jurisdiction as the "Battleground Industrial District of La Porte, Texas," and Ordinance No. 842, designating portions of the area lo- cated in its extraterri,torial jurisdiction as the "Bayport Industrial District of La Porte, Texas, II hereinafter collectively called "Dis- trict," such Ordinances being in compliance with the Municipal Annex- ation Act of Texas, Article 970a, Vernons Annotated Revised Civil Statutes of Texas: and WHEREAS, City desires to encourage the expansion and growth of industrial plants within said Districts and for such purpose desires to enter into this Agreement with Company pursuant to Resolution adopted by the City Council of said City and recorded in the official minutes of said City: NOW, THEREFORE, in consideration of the premises and the mutual agreements of the parties contained herein and pursuant to the authority granted under the Municipal Annexation Act and the Ordinances of City referred to above, City and Company hereby agree with each other as follows: I. Ci ty covenants, agrees and guarantees that during the term of this Agreement, provided below, and subject to the terms and provisions of this Agreemen't, said District shall continue and retain its extraterritorial status as an industrial district, at least to the extent that the same covers the land described above and belonging to Company and its ~ssigns, and unless and until the status of said land, or a portion or portions thereof, as an industrial district may be changed pursuant to the terms of this Agreement. Subject to e e Industrial District Agreement - 3 the foregoi.ng and to the later provisions of this Agrement, City does further covenant, agree and guarantee that such industrial district, to the extent that it covers said land lying wi,thin said District and not now within the corporate limits of City, or to be annexed under the provisions of Article II hereof, shall be immune from annexation by City during the term hereof (except as hereinafter provided) and shall have no right to have extended to it any services by City, and that all of said land, including that which has been heretofore or which may be annexed pursuant to the later provisions 'of this Agreement, shall not have extended to it by ordinance any rules and regulations (a) governing plats and subdivisions of land, (b) prescri- bing any building, electrical, plumbing or inspection code or codes, or (c) attempting to exercise in any manner whatever control over the conduct of business thereon: provided, however, it is agreed that City shall have the right to institute or intervene in any judicial proceeding authorized by the Texas Water Code or the Texas Clean Air Act to the same extent and to the same intent and effect as if all land covered by this Agreement were located within the corporate limits of City. II. A portion of the hereinabove described property has heretofore been annexed by C~ty. Company has filed with City, coincident with the execution hereof, its petition to City to annex an additional portion of the hereinabove described property, to the end that twenty- five percent (25%) of the total value of the land ,and improvements hereinabove described shall be annexed to City. Company agrees to render and pay full City ad valorem taxes on such annexed land and improvements, and tangible personal property. Under the terms of the Texas Property Tax Code (S.B. 621, Acts of the 65th Texas Legislature, Regular Session, 1979, as amended), e e Industrial District Agreement - 4 the appraised value for tax purposes of the annexed portion of land, improvements, and tangible personal property shall be determined by the Harris County Appraisal District. The parties hereto recognize that said District has no authority to appraise the land, improvements, and tangible personal property in the unannexed area for the purpose of computing the "in lieu" payments hereunder. Therefore, the parties agree that the appraisal of the land, improvements, and tangible personal property in the unannexed area shall be conducted by City, at City's expense, by an independent appraiser of City's selection. The parties recognize that in making such appraisal for "in lieu" payment purposes, such appraiser must of necessity appraise the entire (annexed and unannexed) land, improvements, and tangible personal property. Company agrees to render and pay full City ad valorem taxes on such annexed land, improvements, and tangible personal pro- perty. Company also agrees to render to City and pay an amount "in lieu of taxes" on company's land, improvements, and tangible personal property in the unannexed area equal to the sum of: (l) Fifty percent (50%) of the amount of ad va lorem taxes which would be payable to City if all of the hereinabove described property which existed on January 1, 1986, had been within the corporate limits of City and appraised each year by City's independent appraiser: and (2) Thirty percent (30%) of the amount of ad valorem taxes which would be payable to City on any increase in value of the hereinabove described property, in excess of the appraised value of same on January 1, 1986, resulting from new construction and new acquisitions. of tangible personal property, (exclusive of Construction in Progress, which shall be exempt from taxation), if all of said new construction and acquisitions had been within the corporate limits of City and appraised by City's independent ,~ e e , Industrial District Agreement - 5 appraiser: with the sum of (1) and (2) reduced by the amount of City's ad valorem taxes on the annexed portion thereof as determined by appraisal by the Harris County Appraisal District. Nothing herein contained shall ever be construed as in derogation of the authority of the Harris County Appraisal District to establish the appraised value of land, improvements,' and tangible personal property in the annexed portion, for ad valorem tax purposes. III. This Agreement shall extend for a period beginning on the 1st day of January, 1987, and continue thereafter until December 31, 1993, unless extended for an additional period or periods of time upon mutual consent of Company and City as, provided by the Municipal Annexation Act~ provided, however, that in the event this Agreement is not so extended for an additional period or periods of time On or before August 3l, 1993, the agreement of City not to annex property of Company within the District shall terminate. In that event, City shall have the right 'to commence inunediate annexation proceedings as to all of Company's property covered by this Agreement, notwithstanding any of the terms and provisions of this agrement, and in such event Company agrees that if the Texas Municipal Act, Article 970a (V.A.T.S.), as amended after January 1, 1980, or any new legislation is thereafter enacted by the Legislature of the State of Texas which imposes greater restrictions on the right of City to annex land belonging to Company or imposes further obligations on City in connection therewith after the annexation of such land, Company will waive the right to require City to comply with any such additional restrictions or obligations and the rights of the parties shall be then determined in accordance wi th the provisions of said Texas Municipal Annexation Act as the same existed January 1, 1980. e e Industrial District Agreement - 6 IV. This Agreement may be extended for an additional period or periods by agreement between City and Company and/or its assigns even though it is not extended by agreement between City and all of the owners of all land within the District of which it is a part. In this connection, City hereby expresses its belief that industrial district agreements of the kind made herein are conducive to the development of existing and future industry and are to ,the best interest of all citizens of City and encourage future City Councils to enter into future industrial district agreements and to extend for additional periods permitted by law this Industrial District Agreement upon reques't of Gompany or its ass igns : provided, however, that nothing herein contained shall be deemed to ,obligate either party hereto to agree to an extension of this Agrement. V. Company agrees to pay all ad valorem taxes, and all .. in lieu of taxes" payments hereunder, to City on or before December 31 of each year during the term hereof. It is agreed that presently the ratio of ad valorem tax assessment used by City is one hundred percent (100%) of the fair market value of property. Any change in such ratio used by City shall be reflected in any subsequent computations hereunder. 'rhis Agreement shall be subject to all provisions of law relating to determination of value of land, improvements, and tangible personal property, for tax purposes (e.g., rendition, assessment, Harris County Appraisal District review and appeal procedures, court appeals, etc.) for purposes of fixing and determining the amount of ad valorem tax payments, and the amount of "in lieu of tax" payments hereunder, except as otherwise provided in Articles II and VI hereof. VI. (A) In the event Company elects to protest the valuation for tax purposes set on its said properties by City or by the Harris e e .- Industrial District Agreement - 7 County Appraisal District for any year or years during the terms hereof, nothing in this Agreement shall preclude such protest and Company shall have the right to take all legal steps desired by it to reduce the same. Nothwithstanding such protest by Company, Company agrees to pay to City on or before the date therefor hereinabove provided, at least the total of (a) the total amount of ad valorem taxes on the annexed portions, plus (b) the total amount of the "in lieu of taxes" on the unannexed portions of Company's hereinabove-described property which would be due by Company to City in accordance with the foregoing provisions of this Agrement on the basis of renditions which shall be filed by Company on or before March 3l of each year during the term of this Agreement, with both the City and the Harris County Appraisal District (as the case may be) for that year. When the City or Harris County Appraisal District (as the case may be) valuation on said property of Company has been so finally determined, either as the result of final judgment of a court of competent jurisdiction or as the result of other final conclusion of the controversy, then within thirty (30) days thereafter Company shall make payment to City of any additional payment due hereunder based on such final valuation, together with appl icable penal ties, interests, and costs. (B) Should Company disagree with any appraisal made by the independent apppraiser selected by City pursuant to Article II above (Which shall be given in writing to Company), Company shall, within twenty (20) days of receiving such copy, give written notice to the City of such disagreement. In the event Company does not give such written notice of disagreement within such time period, the appraisal made by said independent appraiser shall be final and controlling for purposes of the determination of "in lieu of taxes" payments to be made under this Agreement. Should Company give such notice of disagreement, Company shall e e Industrial District Agreement - 8 also submit to the City with such notice a wri,tten statement setting forth what Company believes to be the market value of Company's hereinabove described property. Both parties agree to thereupon enter into good faith negotiations in an attempt to reach an agreement as to the market value of Company's property for "in lieu" purposes hereunder. If, after the expiration of thirty (30) days from the date the notice of disagreement was received by City, the parties have not reached agreement as to such market value, the parties agree to submit the dispute to final arbitration as provided in subparagraph (l) of this Article VI(B). Notwithstanding any such disagreement by Company, Company agrees to pay to City on or before December 31 of each year during the term hereof, at least the total of (a) the ad valorem taxes on the annexed portions, plus (b) the total amount of the "in lieu" payments which would be due hereunder on the basis of Company's valuations rendered and/or submitted to City by Company hereunder, or the total assessment and II in lieu of taxes" thereon for the last preceding year, whichever is higher. (1) A Board of Arbitrators shall be created composed of one person named by Company, one by City, and a third to be named by those two. In case of no agreement on this arbitrator in 10 days, the par~ies will join in a written request that the Chief Judge of the U. S. District Court for the Southern District of Texas appoint the third arbitrator who, (as the "Impartial Arbitrator") shall preside over the arbitration proceeding. The sole issue to be determined in the arbitration shall be resolution of the difference between the parties as to the fair market value of Company's property for calculation of the "in lieu" payment and total payment hereunder for the year in question. The Board shall hear and consider all relevant and material evidence on that issue including expert opinion, and shall render its written decision as promptly as practicable. That decision shall then be final and binding upon the parties, e e Industrial District Agreement - 9 subject only to judicial review as may be available under the Texas General Arbitration Act (Articles 224-238, Vernon's Annot- ated Revised Civil Statutes of Texas). Costs of the arbitration shall be shared equally by the Company and the City, provided that each party shall bear its own attorneys fees. (C) Should the provisions of Article II of this Agreement become impossible of enforcement because of (l) the invalidity or unenforceability of the Texas Property Code (S.B. 621, Acts of the 65th Texas Legislature, Regular Session, 1979), or any relevant provision thereof, or (2) because of any material delay or failure to act on the part of the Harris County Appraisal District, then and in any of such events, all payments under this Agreement shall be governed by the provisions of Article II hereof: anything to the contrary in this Agreement notwithstanding. VII. City shall be entitled to a tax lien on Company's above-described property, all improvements thereon, and all tangible personal property thereon, in the event of default in payment of "in lieu of taxes" payments hereunder" which shall accrue penalty and interest in like manner as delinquent taxes, and which shall be collectible by City in the same manner as provided by law for delinquent 'taxes. VIII. Company agrees to provide to City at Company's expense, a survey plat and field note description of the land and improvements which Company petitions to be annexed in accordance with the provisions of Article II above. Such annexation tract shall be contiguous to a point on the existing corporate limits of La Porte. In the event of failure of Company to .file ei.ther such petition, or such description, City shall have the right by no.tice in writing to Company to cancel and terminate this Agreement. e e ." Industrial District Agreement - 10 IX. This Agreement shall inure to the benefit of and be binding upon City and Company, and upon Company's successors and assigns, affiliates and subsidiaries, and shall remain in force whether Company sells, assigns, or in any other manner disposes of, either voluntarily or by operation of, law, all or any part of the property belonging to it within the territory hereinabove described, and the agreements herein contained shall be held to be covenants running with the land owned by Company situated within said territory, for so long as this Agreement or any extension thereof remains in force. X. If City enters into an Agreement with any other landowner with respect to an industrial district or enters into a renewal of any existing industrial district agreements after the effective date hereof and while this Agreement is in effect, which contains terms and provisions more favorable to the landowner than those in this Agreement, Company and its assigns shall have the right to amend this Agreement and City agrees to amend same to embrace the more favorable terms of such agreement or renewal agreementr provided, however, City reserves the right to enter into such agreements or renewal agreements with other landowners not covered by existing agreements, containing a percentage of ad valorem taxes more favorable to the landowner than that contained in Paragraph II, Subparagraph 3 (2) hereof, and Company and its assigns shall not have the right to amend this agreement to embrace the more favorable percentage of ad valorem taxes contained in such agreement or renewal thereof, than that contained in Paragraph II, Subparagraph 3 (2) hereof. City may extend more favorable terms to landowners covered by existing contracts only to the extent such favorable terms apply to any increase in value of the hereinabove described property, in excess of the appraised value of same on January 1, 1986, as described in Paragraph II, Sub- paragraph 3 (2) hereof. e e ." Industrial District Agreement - 11 XI. In the event anyone or more words, phrases, clauses, sentences, paragraphs, sections, articles or other parts of this Agreement or ,the applicaton thereof to any person, firm, corporation or circum- stances shall be held by any court of competent jurisdiction to be invalid or unconstitutional for any reason, then the application, invalidity or unconstitutionality of such words, phrase, clause, sentence, paragraph, section, article or other part of the Agreement shall be deemed to be independent of and separable from the remainder of this Agreement and the validity of the remaining partes of this Agreement shall not be affected thereby. XII. Upon the commencement of the term of this Agreement, all other previously exis~ing industrial district agreements with respect to said land shall terminate. ENTERED INTO this 1st day of June, 1986. ATTEST: Interox America (COMPANY) g7:-f' -< ,..,.,::7 ? s,ec~~;;~7?'L-.... ~' ,. ~. Name: E. J. Buck i ngham, II I BY Name~ H. Froi dcoeur Ti tie: Genera 1 Mana~er Address: 3323 Ri chmond Avenue Houstont Texas 77098 APPROVED BY COUNSEL: ATT /" Name: E. J. Buckingham, III Address :3333 Ri chmond Avenue Houston, TX 77098 Telephone: (713) 522-1781 e ." Industrial District Agreement - 12 ATTEST: fIk~~ Cherie Black, City Secretary APPROVED BY COUNSEL: ~ KNOX W. ASKINS, City Attorney 702 West Fairmont Parkway Post Office Box l218 La Porte, Texas 77571 Telephone: (713) 471-1886 (Revised: 06/86) e CITY OF LA PORTE BY Zl. ,~~L, orman Mal n~, Mayor BY CITY OF LA PORTE Post Office Box 1115 La Porte, Texas 77571 e e .' H & W Surveying Inc. Hou~1.,='n, T"!:".;..:: t-rc:TES s. 80Ut,JOS DESCRIPTIO'" OF The pro~o~ed City of LaPorte Indu~trial Limits located on prop~rty of Solt~x Polymer Corporation, Deer Par~, Texas, Intero= America located in the vicinity of LaPort~, Te~as. property lies in the Arthur McCormicK Survey, Abstract Harri~ CDunty, Texa~. tt.e and Th i!> <16, " . TRr~CT "A. CO~ENCING ~t th~ mO$t n~rtherly northeast corner of the Soltex Pol~mer Corporation property, being that tract entitled Tract "I" ccn'.'9)'ed to Soliex Polymer. CorF'oration by Celanese Corporation in deed recorded in the Deed Records of Harris COIJnty, Tex,:-.s IJr,der' FilE t'I':..E-3BS696 and Film Code N-:>.112-18-1480 (Solte:< Tra.ct "I">, .=..E\id point lies. apj:'roximately centerline of Miller Cut-Off Road, and i~ N.87-28-ee-E., a distance of 3e03.9 feet from the center I ine of State Highway tf134: Thence S.20-S5-00-[,J. with the ec-,st I ine of said Tract distance c.f 32.71 feet to the POIt'IT OF BEGIHt-IING; u 1 II , a Thence S.87-28-00-l.J. with the South 1 ine of ttliller Cut-Off (S0'R.O.W.>, a distance of 1045.4S feet to a point; Road Th e n c e S. e 2 - 2 9 - (1 e - E. and pas sin 9 the no I" the as i cor r. e r 0 f a 3.4018 acre Hercules Inc. tract, a distance of S48.42 feet to a poini, said point being the southeast corner of said Hercules Inc. trac1;; Thence S.87-28-00-l.J. ,,,ith the s.c'uth I ir.e of s.aid Hercules Inc. 3.4~IS acre tract and with the south line of a 20.36156 acre Hercules Inc. tract, a distance of <195.56 feet to a point; n.~nce S.02-29-00-E., a dis.tance of 518.57 feet to a point; TI'enc~ N.87-28-BB-E., a distance of 21€ feet to a point; Therlce tI.1J2-29-0B-loJ., a dh.tarrce of 418.57 4eet to do point; n. e I) .: e f'.I . 87 - 2 B - e 0 - E., a d i 1;, tan c E= c. f 385. 5 e f E= e t 1: 0 a poi n t ; j:'age 1 of 4 EXHIBIT "A" . to . .. e fit .' TI''i!nce f'1.1!12-28-(l\I!I-LJ., a. dista.nce of SS6.~3 feet to a point; Thcnce: t,1.87-28-00-E., SEl feet s.outh and par'allel to the so",th !ir.e of said tHller Cut-Out Road, a distance of 9aS.Se feet to a p cd r. t c, f the e ~!. t I in e 0 f sa, i d Tr' ac t . " I " ; " ThEnce t'J.2e-~5-00-E., Llith said east line of Tract .1", a. ~is.tanc'5: of 98.09 feet to the POINT OF BEGIt-lNING and conta.ining B.772 acras of l~nd more or less. .... TRACT "8" BEGIt'I'../II',!G at a. PO int ir, th'i! nc.rth I ine of a 3.541 acre tract of land conve~ed from BelleA. Crapo to H.L.& P. Co., recorded in Vol.2419, Pages 525-527, HCOR, 3/113/52, said point also being in the 'i!as.t right of I.ay line c,f State Highl.a.y ti13~ (120'R.0.IoJ.), and is S.62-29-0a-E. a distance of 172 feet from TRACT "0" most wes.terly south corner: Thence N.02-2S-00-..../. along the east right of 101 a)' line Highwa., "13~, a dista.nce of 22 feet to a point; of Sta.te Thence t.J.e7-28-eO-E., alc,r'9 the s.e.uth line tract conveyed from Navig~tion District,to recot-ded in Vol. 3736, Pg. 184-189 (HCDR), of 100 feet to a point; of a a.8eSe acre Humble Pipeline Co., 1/21/58, a distance Thence S.02-2S-ae-E., a distance of 22'feet to a point; more or POINT less. OF Thence 5.87-28-00-10,/., a. distance of 100 feet BEGINt'HI',IG and containirl9 0.e505 acres of larld to the TRACT .C. SEGItINJN'3 a.t a ~o int in the east right of I~ay of State Highway ti134, sa.id point also on the south I ine of the aforementioned 3.5~1 acr~ tr~ct of land conveyed from 8ell~ A. Crapo to H.L.& ,. P. Co., recorded in Vol. 2~19, Pg.52S-527 CHeDR>, is S.02-29-(l\I!l-E., a. dist.ulce elf 75 feet southerI;,,' .:est corner-: fr"c1m TF~ACT "S" and most 3/1e/52, Thence N.87-31-0el-E., distance of 21e feet to along the a point; said 3.541 acre tr'act, a Ther,cp' S.02-29-00-E., a dis.tance e.f 872.5 feet to a point; page 2 c.f q EXHmIT "A" . . . " . . e e " n,~r.;:e N.e7-31-(:Il:)-E., Lt. di!.'l..r.i:e of 370 feet to .. pcdnt; Thence N.e2-29-~~~-"I., a distc..nce of 27e feet to a Foi:1t; ~er.ce N.e7-31-e~-E., it. distance of 527 feet to c.. point; . ,. Thence S.02-29-06-E., a di$t..nce of 270 feet to a point; TIlenc~ N.37-3J-00-E., a distance of 213 feet to a poi~t; Th~nce 8.02-28-00-E., a distanc~ 0; S50 feet to a point: ThenCE: S.87-31-ee-loJ., a dista.nce of 370 feet to a point; Ther,ce 1'1.02-20-00-1...1., a d ist~rlce of 'l3:3 feet to a po intI TIlence S.87-::Q-0el-l:J., a. dis.tance of 3713 feet to CI. point; Thence S.02-29-eO-E., a dista.nce of 22C feet to a point: Thnnce S.87-3J-ee-W., a distance of 4813 feet to a point: Thence S.0E-29-00-E., & distance of 1302.5 fee~ to it. poin~: Thence S.87-31-eO-W., a distance of 10e ieet to CI. Foint eas1 R~ght of Way line of s~id State Highway ff134; in the Th~n,=e N.02-29-C10-hJ., along the east r'ight elf IolCl)' Sta~e H~~hw~y "134, ~ distance of eqlS feet to !3EC-I~',JrlJH3 a,...d cc.r,tcdrtfr.g 22.75 ac.r'e=, of l~rlc more lina cd Said H,e POINT OF or' less. ,. TRACT nDn !?f::G I Nl'.JItJG on the sou'th 1 in: o{- .k'forerr.er.t ioned Tract being the north 1 ine of 3.89 acre tract conveyed from C'ol'".;)ra.of.:io... to H'Jmble Pipelir,e Co": r'ecc.r'ded in P~.203-20S CHeDR), 12/18/78, and the eCi.Lt right of ua~ Sta.i:e Hi:;hl.Ja~' ..134 (12I)'R.O.I,";.): "1", al.;o C 10 1 cHI e s. e Vcl.7452, 1 lne cd Ther,ce t,J.02-==3-0~-I,J., C!. dis1:~nce of 1181.78 {-ee1: tc. a pcoin1: c..', P 0.9 e 3 0 f .:j EXHIBIT "A" . , . " .- t~I'1! !.c,yth ! ine e of HerculE:3 ,Inc. 20.36155 e .acl"e tract; . . Thance "'.e?-~B-C1C-E., ,,,ith said south 1 ine 0. dis,tance of 10" feet to a PO in~ ,: ThEnce 8.02-.:::S-e0-E., Co. distar,cE. C'{. i.lS1.?8 feet to a point on the So.. i d !. 0 u t h 1 i rl '! 0 of Tr act .. 1 .. ; ."." Thence S.87-28-00-W., with said south line a feed: to 1:he POIt,IT OF BEGINNING arId containing Jo.nd more or less. dis1:ance of 2.887 acres 100 of TOTAL ACREAGE TRACT "A" = 8.77 TRACT "8" = 0.05 TRACT "C" = 22.75 TRACT "0" = 2.87 ----- TOTAL = 32.24 acres " Dil,te: Sel=d.ember 12, 1988 I. paSIli: .!j of -4 EXHIDIT "A" . '. o. ,. ... .. - ,.' -,' ( ,. e( e( . { NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION UNDER THE TEXM; GENEHAL J\fWITHATION ACT, Af<TICLE 22~, ET. SEQ., REVISED CIVIL STATUTES OF TEXAS THE STATE O~,TEXAS S .. S COUNTY OF HARRIS S j, ' s ~ '-CITY -'OF "LA PORTE S' ...... INDUSTRIAL DISTRICT AGREEMENT fl:e o,e.D1f /~/B This AGREEMENT made and entered into by and between the CITY OF LA PORTE, TEXAS, a municipal corporation of Harris County, Texas, hereinafter called "CITY", and Interox America ( , " , a Texas partnership ~x:kamt~ hereinafter called "Cm1PANylI, WIT N E SSE T H: That WHEREAS, it is the established policy of the ~ity Commission of the City of La Porte, Texas, to ~dopt such reasonable measures from time to time as are permitted by law and which w~ll tend to enhance l the economic s"tability and gro'!/th of the City and its environs by. attracting the location of new and the expansion .of existin9 -indus-- tries therein, and such policy is hereby reaffirmed and adopted by this City Commission as being in the best interest of the City and its citizens; and WHEREAS, Company is the owner of a certain tra.ct( s) of land more particularly described in the Deed Records of Harris County,. Texas, in the following Volume and Page references, to-wit: See Exhibit ,A. (llevised: 8-79) " e( ef ( Industrial District Agreement - 2 upon which tract(s) Company has either 'constructed an industrial plant(s) or contemplates the construction of an industrial plant(s); and WHEREAS, pursuant to its policy, City has enacted Ordinance No. 729, designating portions of the area located in its extraterritorial jurisdiction as the "Battleground Industrial District of La Porte, Texas," and Ordinance No. 842, designating portions of the area located in its extraterritorial jurisdiction as the "Bayport Indus- trial District of La Porte, Texas, II hereinafter, collectively called C, "Dist'rict ;,,11 such - Ord inances being in' compl iance with the ''''unicipal Annexation Act of Texas, Article 970a, Vernons Annotated Revised Civil Statutes of Texas: and WHEREAS, City desires to encourage the expansion' and growth of industrial plants within said District and for such pur,pose ,desires to enter into this Agreement wi th Company pursuant to Resolution adopted by the., Ci ty COnlmi ss ion of sa id Ci ty and recorded in the official minutes of said City: NON, THEREFORE, in consideration of the premises and the mutual agreements of the parties contained herein .and pursuant to the ( author i t..y gran.t.e.d._ undeJ: the Mun icipal Annexa t ion Act and the Ord i- nances of City referred to above, City and Company hereby agree with each other as follows: I. City covenants, agrees and guarantees that during the term of this Agreement, provided below, and subject to the terms and provi- sions of this Agreement, said District shall continue and retain its exti.aterritorial status as an industrial di~trict, at least to the extent that the same covers the land described above and belonging to Company and its assigns, and unless and until the status of said <-- land, or a portion or portions thereof, as an industrial district may be changed pursuant to the terms of this Agreement. Subject to e( er c Industrial District Agreement - 3 ( the foregoing and and to the later prov isions of this Agreement, City does further covenant,' agree and guarantee that such industrial district, to the extent that. it covers said land lying within said District and not now within the corporate limits of City, or to be annexed under the provisions of Article II hereof, shall be ir.1mune from annexation by city during the term hereof (except as hereinafter provided) and..shall have no right to have extended to it any services by City,:'and' ',that .all of said land, including that l'lhich has been heretofore 'ot".. which may be annexed pursuant to the later provisions of this Agreement, shall not have extended to it by ordinance any rules and, regulations (a) governing plats and subdivisions of land, (b) prescribing any building, electrical, plumbing or inspection code or codes, or (c) a~tempting to exercise in any manner whatever control over the conduct of business thereon: provided, however, it is agreed .'that . Ci ty 'shall have the right to insti tute or intervene in any judicial, proceeding authorized by the Texas Water 'Code or the .Texas Clean' Air .Act. to the same extent and to the same intent and effect as 'if all land covered by this Agreement were locat'ed- \-dth'{n - the corporate limits of City. ( II. (A) A port~on of the hereinabove described property has hereto- fore been annexed by City. Company has filed with City, coincident with the execution hereof, its petition to City to annex an addi- tional'portion of the hereinabove described property, to the end that twenty-five per cent (25%) C'f the total value of the land and improvements hereinabove described shall be annexed to Ci ty. Com- pany agrees to render and pay full City ad valorem taxes on such annexed land and improvements, and tangible personal property. (1) For tax years 1980 and 1981, Company also agrees to render C and pay an add i tion~l amount "in I ieu of taxes" on Company's land, improvements, and tanq ible personal property in the un- c .( er ( Industrial District Agreement - 4 annexed area to the end that Company's payment of taxes on the annexed area, combined wi th its payment of "in 1 ieu of taxes" on the unannexed area, wi 11 equal forty- five percen t (45%) of the amount of ad valorem taxes wh ich would be payable to Ci ty by Company if all of the hereinabove described property had been within the corporate limits of City. (B) The Texas Property Tax Code (5. B. 621, Acts of the 65th Texas Legislature, Regular Session, 1979) will be effective for 1982 and subsequent years hereunder. Under the terms of said Act, the ( appraised value for tax purposes of the annexed portion of land, improvements, and tang ible personal property shall be determined by the Harris County Appraisal District. The parties hereto recognize that said District has no authority to appraise the land, improve- ments, and tang ible personal property in the unannexed area for the purpose of computing the "in 1 ieu" payments hereunder. Therefore, for 1982 and ~ubsequent years under this Agreement, the parties agree that the appraisal of the land, improvements, and tangible personal property in the unannexed area shall be conducted b-y- City-, - at City's expense, by an independent appraiser of City's selection. ( The parties recognize that in making such appraisal for II in lieu" payment purposes, such appraiser must of necessity appraise the entire (annexed and unannexed) land, improvements, and tangible personal property. Company agrees to render and pay full Ci ty ad valorem taxes on such annexed land, improvements, and tang ible per- Bonal prope';ty. (l) For tax year 1982 and thereafter, Company also agrees to render to City and pay an amount "in lieu of taxes" on Company's land, improvements, and tang ible personal property in the un- annexed area equal to forty-five percent (45%) of the amount of ad valorem taxes which would be payable to City if all of the hereinabove described property had been within the corporate ( l e (' _.r . (- Industrial District Agreement - 5 limits of City and appraised by City's independent appraiser, reduced by the amount of City's ad valorem tax on the annexed portion thereof as determined by appraisal by the Harris County ~ppraisal District. Nothing contained in Article II (B) (1) shall ever be construed as in derogation of the authority of the Harris County Appraisal District to establish the appraised value of land, improvements, and tangible personal property in the annexed portion, for ~d valorem tax purposes. III. This Agreement shall extend for a period beginning on the 1st day of January, '1980, and continue thereafter until December 31, 1986, unless extended for an additional period or periods of time upon mutu- al consent of Company and City as provided by the Municipal Annexation ActJ provided, however, that in the event this Agreement is not so extended for a~ additional period or periods of, time on or before August 31, of the final calendar year of the term hereof, the agree- ment of City not to annex property of ,Company ':Iithin -the Distric..t- shall terminate. In that event, Ci ty shall have the r igh t to COl'l- ( mence immediate annexation proceedings as to all of Company's property covered by this Agreement, notwithstanding any of the terms and pro- visions of this agreement, and iri such event Company agrees that if the Texas Municipal Act, Article 970a (V.A.T.S.), is hereafter amended or any new legislation is enacted by the Legislature of the State of Texas which imposes greater restrictions on the right of City to annex land belonging to Company or imposes further obligations on City in connection therewith after the annexation of such land, Company will waive the right to require City to comply with any such additional restrictions or obligations and the rights of the parties .. shall be then determined in accordance wi th the prov i s ions of sa io Texas Hun ic ipul Annex a lion Act as the same ex ists on the da te of: er e( . (- Industrial District Agreement - 6 execution of this Agreement. This Agreement may be extended for an additional period or periods by agreement between City and Company and/or its assigns even though it is not extended by agreement between City and all of the owners of all land within the District of which it is a part. In this connection, City hereby expresses its belief that industrial district agreements of the kind made herein are conducive to the development of existing and future indus- try and are to the best interest of all citizens of City ~nd encour- age future City Commissions to enter into future industrial district ( agreements and to extend for additional periods permitted' by law this Industrial District Agreement upon request of Company or it.s assigns: prov ided, however, that nothing herein contained shall be deemed to obligate either party hereto to agree to an extension of this Agreem!i!nt. IV. ( Company agrees to pay all ad valorem taxes, .and all "in lieu of taxes" paymenfs hereunder, to City on or before December 31 of each year during the term hereof. It is agreed that. presently_ the _ratio of ad valorem tax assessment used by City is eighty per cent (80%) of the fair market value of property. Any change in such ratio used by Ci ty shall be ref lected in any subsequent computa tions hereunder. This Agreement shall be subject to all provisions. of law relating to determination of value of land, improvements, and tangible ,personal property, for tax purposes (e. g ., rend i t ion, assessment, Boa rd of Equalization procedure, court' appeals, etc.) for purposes of fixing and determining the amount of ad valorem tax payments, and the amount of "in lieu of ta~" payments hereunder, except as otherwise provided in Articles II and V hereof. V. (A) In the event Compnny elects to protest the valuat ion for ( tax purposes set on its said properties by City or by the lIarri!3 ( ( (, .r- fer Industrial District Agreement - 7 ( County Appraisal District for any year or years during the terms hereof,' nothing in this Agreement shall preclude such protest and Company shall have the right to take all legal steps desired by it to reduce the same. Notwithstanding such protest by Company, Company agrees to pay to City on or before the date therefor hereinabove prov ided, at least the total of (a) the total amount of ad valorem tax'es. on "the annexed portions, plus (b) the total amount of the "in lieu of taxes" on the unannexed portions of Company's hereinabove- described property which would be due by Company to City in accord- ance with the foregoing provisions of this Agreement on the basis of renditions which shall be timely filed .by Company with City's Tax Assessor-Collector or with both the. City and the Harris County Appraisal District (as ,the case may be) for that year. When the City or Harris County Appraisal District (as the case may be) valua- tion on said property of Company has been so finally determined, either as the result of final judgment of a court of competent juris- di6tion or ~s th~ result'of other final conclusion of the controversy, then wi thin thirty' (30) days thereafter Company' :shall ma-ke- payment" to City of any additional payment due hereunder based on such final valuation. (B) Should Company disagree with 'any appraisal made by the indepe'riaerlt'a.ppra'i'ser selected by' City,"pursuant to Article '11(13)' above (wh ich 'shall be" given:" in wr i ting to Company), Company sha:ll, within twenty (20) days 'bf receiving such copy, give written notice to the City of such disagreement. In the event Company does not give such written notice of disagreement within such time period, the appraisal made, by said independent appraiser shall be final and controlling for purposes of the determination of "in lieu of taxes" payments to be made under this Agreement. Should Company give such notice of disagreement, Company shall also submit to the City with such notice a written statement setting er- .r (' Industrial District Agreement - 8 forth what Company bel ieves the market value of Company's herein- above described property to be. Both parties agree to thereupon enter into good faith negotiations in an attempt to reach an agree- ment as to the market value of Company's property for "in lieu" purposes hereunder. If, after the expiration of thirty (30) days from the date the notice of disagreement was received by City, the parties have not reached agreement as to such market value, the parties agree to submit the dispute to final arbitration as pro- vided in subparagraph (1) of this Article V(B). Notwithstanding ( any such disagreement by Company, Company agrees to pay to Ci ty on or before December 31 of each year during the term hereof, at least the to'tal of (a) the ad valorem taxes on the annexed portions,- plus (b) the total amount of the "in lieu" payments which would be due hereunder on the basis of Company's valuations rendered and/or submitted to City by Company hereunder. (1) A boa.~d of Arbitrators shall be created composed of one . person named by Company, one by City, and a third to be named by those t \010. In case of no agreement - on' .this. arbi:-trator- i:-n- (' 10 days, the parties will join in a written request that the Chief Judge of the U. S. District Court for the Southern Dis- trict of Texas appoint the thi rd arbi tra tor who, (as the "Im- partial Arbitrator") shall preside over the arbitration pro- ceeding. The sole issue to be determined in the arbitration shall be resolution -of the difference between the parties as to the fair market value of Company's property for calculation of the "in lieu" payment and total payment hereunder for the year in question. The Board shall hear and consider all rele- vant and material ev idence on that ,issue includ ing expert (, opinion, and shall render its written decision as promptly as practicable. That decision shall then be final and bindinq upon the parties, subject only to jud icial rev iew as may be ( ( e(-- .r c Industrial District Agreement - 9 available under the Texas General 2"24:'" 2 38, Vernon's Annota ted Rev ised Costs of the arbitration shall be pany and the City, provided that Arbitration Act (Articles Civ il Statutes of Texas). shared equally by the Com- each party shall bear its ( own attorneys fees. (C) Should the provisions of Article II(B) of this Agreement become impossible of enforcement because of (1) the invalidity or unenforceabil i ty of the Texas Property Code (S. B. 621, Ac:'ts of the 65th Texas Legislature, Regular Session, 1979), or any relevant provision thereof, or (2) because of any material delay or failure to act on the part of the Harris County Appraisal District, then and in any of such events, all payments under this Agreement shall be governed by the provisions of Article II(A) hereof: anything to the contrary in this Agreement notwithstanding. VI. City shall.,be entitled to a tax lien on Company's above-described property, all improvements thereon, and all tang ible personal prop- erty thereon, in the event of defaul t in payment of -II in 1 ieu 'of - taxes" payments hereunder, which shall accrue penal ty, and interest in 1 ike _manneLJ.!i _d~l.inquent taxes, and which shall be collectible by City in the same manner as provided by law for delinquent taxes. VII. Company agrees to provide to City at Company's expense, a survey plat and field note description of the land and improvements which Company petitions to be annexed in accordance with the provisions of Article II above. Such annexation tract shall be contiguous to a point on the existing corporate limits of La Porte. In the event of failure of Company to file either such petition, or such description, City shall have the right by notice in writing to Company to cancel and terminate this ^greement. er- .r ( Industrial District Agreement - 10 VIII. This Agreement shall in~re to the benefit of and be binding upon City and Company, and upon Company's successors and assigns, affili- ates and subsidiaries, and shall remain in force whether Company sells, assigns, or in any other manner disposes of, either voluntar- ily or by operation of law, all or any part of the property belonging to it within the territory hereinabove described, and the agreements herein contained shall be held to be covenants runnin~ with the land owned by Company situated within said territory, for so long as this ( Agreement or any extension thereof remains in force. IX. If City enters into an Agreement with other landowner with respect to an industrial district or enters into a renewal of any existing industrial district agreements after the effective date hereof and while this Agreement is in effect, which contains terms and provisions }tlore favorable to the landowner than those in this Agreement, Company and its assigns shall have the right to amend this Agreement and City agrees to amend same to embrace the more favorable - terms of such agreement or renewal agreement. ( ENTERED TNTO-tnls-15th day of August, 1979. . ,\ . .,\0 INTEROX AMERICA (CO~lPANY ) '. ATTES'I': (]p /~"lt~.; ~~ Secretary I " I By Peroxygen, Inc.; partn r //// ~A/ pal~;f~H"/ By Soltex /) ATT:~ ~/ OA/ /".-~~ S~~re ary - / By: ( ( . .r- Industrial District Agreement - 11 ATTEST: 4~~~1/;w City Cle k ( , ':; \ .' .. , . . ' . , .1" \ , " I '. , . , '.I. . , ~ ~ '. "., . ( APPROVED BY COUNSEL: KNOX W. ASKINS, City Attorney 702 W. Fairmont Parkway P. O. Box l2l8 La Porte, Texas 77571 Telephone: (713) 471-l886 ATTORNEY FOR COMPANY .'( CITY OF L1\ PO?A fi'/-::-":=-==-- J. J. Meza, Mayor /l'~. l,-;/:~~, '~1?/'1~(,t.,t1;.~ ~ City 'Commissioner ~~q ~~t'J~~ 'L 'J Ci ty Comm SSloner , , I ..../' ./ .f.t1{1:!. ~J ~0~L./ Clty Commissioner ~ c. 4;p.;r;A City Commissioner (Revisec'l: 8-79) . '" " . ( .( .r ~ 0 I . i ( ( . . ..... . . ... EXHIBIT A FIEI.I> NarES OF A 1 .8634 AC~ TRACT OF u.:rn IN T~:: ARTEtm MC C~?~'::CI. , SURVEY. ABSTRACT 46, HA..':~:;'I~ COUNTY, TEX.-\S A tract of l~~d containing 1.8634 ac~es out of Soltex ?olj~er Corp. prc?=~ ~~ the Arthur McCor:::1i.ck Survey, Abst:-act 46 in narns Ccc."1 ty, Te:<as. All '!:le !.:~.::'::3 herein are Le.:bert Grid Bearings, based on Te:<as P1ce CoorcC.:late S:i;;"te=. ~::":l::. South Central Zone. e.."1d all distances are g~ou."1d d!.sta:lces. 'Said 1.8634 ..::-:s is hereby described by metes and bounds as follows: COMME.?icnm at a concrete monm::ent vi th a Brass Cap sta=::ed "N. E. Cor. ~:-a~": !!, SOLTEX 1975", located at the intersection of the Sout~ line of Qc~ton ~i~t:~; B.."1d Pover Co.' s 15 foot vide right-of-way, and the ~est line of D1 a=on:!. She..::.:-::c.!t Corporation property. Said corner is shown on Soltex ?olj~er ~ap ~a:ked E~~~3IT liB", draviIlg No. 75-051 as the Northeast COr:1er of "T?..ACT A" l!.."1d ba'.ri:l5 Lc-;ert Coord:inates o~ X = 3.243..099.50, Y = 106,941.98; thenc!: South 200 55' 30" ~est, along the West li:1e of said Diamond Sheu:u-ock Corporation prc::erty. a Cist2.:::e of 1224.24 ~e!:t to a ~oint; thence Sout~ 810 '32' 05" ~'est, a. dis-:a:ce of,20a.18 feet to a stake for the ,Nort~east end 3EGI~NG co~er of the 1.8634 ac~e t:-ac~ herein described; T1!EiiCZ South 02~, 21' 55" East, a distance of 190.64 ~eet to a ste..l(e; ~CE South 200 55' 30" West, a distance of 489.60 ~e~t to a stake; 'no~CZ South 8T' 32 ' 05" West, a. c!istance of 330.63 :eet t::2 a ste..~e ; ( ,!:--::;.J CE north 020 27' 55" West, a c!i.sta."1ce of 100.00 !eet ~o a stake; T:~m:::: South ',.810' 32' ' 05" "est, a. dis t2.:lce of 230.00 :'e!:t to a s'tc.ke; ----- - - - T'-..:ElICE Nort~ 020 27' 55" West, a distance of 340.00 !e !:t to a ?ai.l:'c ad s:i~e ; T:~:ERG North 810 32' 05" East. , a distance of 3;0.00 :eet -:0 a ?a:il:-oad S;1..<e; T".ENCE North 020 21' 55" West. a distance of 200.00 ~e~t to ~ ... ~...lro :':1 ~~~ ':; a'.-e- 10_- ::!e!1t !:-eD vhic:h a concrete :ocument, vit~ L a:1be :"l; Coor:':':1 a-:e s o'f X: = 3,2~2-.ChO.G9 , Y = 106 ,228.i2, be exs South 810 32' 05" West, 10 feet. e..::c. Nc~h 020 27' 55" \,"'est, 450,00 feet; 'l'E'NCE !;or";h 810 32' 05" Zas1: , a c!.is tcce of 385.00 fe!:t to the n.A.CE OF E:G:::::~~jG 8.::1d coo.'taining ;.8634 ac:-es o! '.a.ad. ( ~":,,,::..,... ~ ,.,. '.~ - -. ,--~ I... ,'- ..-......: 1.._ ,.~.. * ...:~~ . . . u' /"":r/ . ~ .'. .. 1;:-.... ............... __ ~ .,_~~(;l~,,!. W1S;hV..~.- j . -.........-....7 . c: 97 ., ..,..c...... r.: :' ....... - .<:~r .....A ....c,.. - r .',"'.o.C'):! ;.; (,;;.;.~:.:..:.,..." . . SU'i\'l ~ G~ /rJ '/l~_. ~____ ? au.!.. '.l. :,; is e:2..."1 Ee~s-:ere~ ?~b~c Su.-reror #91 - . '. . . . .... . '. '";;~ .. '. . ~ . . , .. -: '. . ~ . -. . ~ . .. , . .' . . -" .'. ... .' :'. .... .... .,. -. '.- ..,:~. ~ .' :. .:.:....:... . . .... "'. . : ~ : I ~ . ". ". .: . ... .\ . . - .. . ." ~. .. . . . . ., \. . . . '. .~ .. ...~.: .:..t.~..'I.-It"".......... .' .. :..._ . . .'-: ::..,..~;,-:-:-. "". '.' . . ". .' . '. . . ~: . . ..... ~".' .. '. . ." .' . :....: .. :. ...... \ ~ ..'.... .'. . . . '., ....... '.' . .'. . .' ' . ,.:-', . . "",. . . City of La Porte, Texas . ,Ii' r/oZ Joe:" ~ ~ ;ra.ck~C/ ~. t pC~ H Me- R ~ . kCVle.-0 tf..:s I.e"ffell-) t)~ ~/'oijS . [&11 Ut3 4 tI1-e 3<?Lv<'(. {,Oc/, 10 ?fk /:t ~) -...--- /( ).-r is A)op C-o'l Me- . . ~ N/91e- /-0 f-(&t))~r t-Jecu.s~l , - " '. .. '. .. .~. :.. . . . "... . . Ad Valorem Services 1155 DAIRY ASHFORD SUITE 806 HOUSTON, TEXAS 77079 (713) 589-0562 FAX (713) 589-9644 February 8, 1995 ~. ::,.n. Yi -.-~......_, ... ri ".:"l."' ~-",-, ,,'!i! ._,'.:" ..., J ~ \" .1!~~0I"';;~... t; '#_;' -.-' -:'~..:J ;,~l.:~.~~///if I EB n'~ ....."..' " {.I 0 :~\ r' ..:;..-,..... A .'~~ ~SST . ~.'"' . CITY III Or:FIC~\NAGEl1: ... 'Mr. John Joerns Assistant City Manager CITY OF LA PORTE P.O. Box 1115 La Porte, Texas 77572-1115 RE: IDA EXHIBIT - SOLVAY POLYMERS AND SOLVAY INTEROX Dear Mr. J oems: The enclosed material provides a description of Solvay Interox and depicts the boundaries of Solvay Interox and Solvay Polymers. At the present time, this is the most current information available. Hopefully this, along with the previously submitted plats and metes and bounds, will suffice, your needs for the exhibits to the IDA. If not, I will once again address this issue through the appropriate channels at Solvay America. Thank you for your patience and cooperation. Should you have any additional questions or comments, please feel free to call. Sincerely, Attachment Enclosures RLS:dk ~..- "".,,111Io. -.... 144D .... ........ ....-. ...... -- --~ - City of La Porte E~ [({hli.~l1cd 1892 September 30, 1994 Solvay Polymers, Inc. Attn: Russell L. Spalinger c/o Protrac, Inc. 1155 Dairy Ashford, Suite 806 Houston, TX 77079 Re: Industrial District Agreement (IDA) Exhibit 93-IDA 39 Dear Mr. Spalinger: The City of La Porte has received both Industrial District Agreements executed by Solvay Polymers, Inc. officials. However, it appears Exhibit "A" and "B" for Solvay Polymers, Inc. are the same for Solvay Interox. Do you have separate exhibits or documentation that distinguishes Solvay Polymers, Inc. and Solvay Interox7 Also, as indicated in our previous letter dated January 27, 1994, the City requests a more legible copy of Exhibit "A". We are unable to read the copies we received. Your cooperation in completing this document is appreciated. Thank you. Sincerely, ~ohn J rns Assistant City Manager JJ/jm 1'.1..\ J;.,x III':; · La 1~"r1~'. T~'X;J- ii':;72-111':; · (il~) 471.':;020 September 30, 1994 Solvay Polymers, Inc. Attn: Russell L. Spalinger c/o Protrac, Inc. 1155 Dairy Ashford, Suite 806 Houston, TX 77079 e Citv~ o-f L<1 P,Jrte I 1:'s[,li~Ii.,hl'Ll I ,....t;..: ~ ~/ ~ c)-~~ o~~~ ~~~ Re: Industrial District Agreement (IDA) Exhibit 93-IDA 39 ~:< b/ Dear Mr. Spalinger: The City of La Porte has received both Industrial District Agreements executed by Solvay Polymers, Inc. officials. However, it appears Exhibit "A" and nB" for Solvay Polymers, Inc. are the same for Solvay Interox. Do you have separate exhibits or documentation that distinguishes Solvay Polymers, Inc. and Solvay Interox? Also, as indicated in our previous letter dated January 27, 1994, the City requests a more legible copy of Exhibit" A". We are unable to read the copies we received. Your cooperation in completing this document is appreciated. Thank you. Sincerely, ~ohn J rns Assistant City Manager JJ/jm " . .... !~,.\ :.. = . ~ ." -r ----..' \ .,.. . .. CITY OF LA PORTE PHONE 17131471.5020 . P,O, Box 1115 . ~PORTE.TEXAS 77572 January 27, 1994 Solvay-Interox Attn: Russell L. Spalinger c/o Protrac, Ine. 1155 Dairy Ashford, Suite 806 Houston, TX 77079 RE: Industrial District Agreement (IDA) Exhibits Dear Mr. Spalinger: A fully executed Industrial District Agreement together with the approval ordinance are enclosed. As part of the document preparation, the City examined Exhibits II A II and "B" furnished by your firm. It appears that Exhibits "A" and "B II for Solvay Interox are the same for Solvay Polymers, Ine. Do you have property and improvements documentation that independently distinguishes Solvay Interox and Solvay Polymers, Ine.? Also, could you please furnish a more legible copy of Exhibit" A"? We are unable to read the copies we received. Exhibit "B" is new to the Industrial District Agreements. In the past, the City has not had a complete and cohesive map of the extraterritorial jurisdiction (ETJ) with participants in the Industrial District Agreements delineated. It is our intent to use this exhibit as a base for developing such a map. We also feel that these exhibits will assist in monitoring the faithful performance of the Industrial District Agreements as well as aiding long-range planning activities and in some instances responding to emergency situations within the ETJ. If you do not have this information, cannot readily develop it, or need to discuss this request, please contact my Assistant City Manager John Joerns. Thank you for your assistance in completing these documents. Sincerely, G<~ T. ~~ Robert T. Herrera City Manager RTH/cjb Enclosures cc Jeff Litchfield, Finance Director IDA File #93--IDA-24 .. . .... _.0 . _.,. ~ ~"'''''''~' ~ . ".'. .... '3fP!1 ;{.---.-~~. . ... v ...... "'41 ,..,,'... ," ... . . '.. " . - . ~.~,;_.-... ........ ..~.. ~~. -......--.-.-. ......-.....- "-"--.''''~:'''.'' --..- ...... -...-.... "':"'-"''':' ...._. ._--," \. Industrial District Agreements Each company's packet should contain the following: J / A letter offering the agreejnt and certified copy of ordinance A letter requesting action Agreement - signed by company. Mayor, RTH. Sue. Knox Exhibit "A" / J Exhibit "BII - some will not have this item since we kept the only one that was sent l.../' -- ._- ........ _ --.....:--. _...,..:ot~::':-=..;._'...::.~:"..".ro:c":""..': ~':, :::"::"'~_~::.:::-'.:;.:..: :=;..:. .:-:-__:.. _.. e__' . __.'. ~;,"~'."..~'7 :--~.';"". ":-: ," -'~..._-~.,..., :...._~~..~....~\-~...._.,_....__.""t~.!.......""i~.~..._.,.._IU:...lo....r1.........._..~~"""'.....-=f_..~.....,..~:-"'"':~_.:"~_....__ . .... ~ .~-:'"--..............,.. -..~ . ".-~' . .. .. '" -, . "-- . .0....... . ".. .~.. "" . ...... ". _0.,: . .' . . . . . .. - . --.0....-.. . .0. ._ ______.._,. ......_ ...._...." .. .0. '0 -:. 't. . ........_.. ._...- _ ....: ...... ;......:-.... ~. . . . .....-..- -.... . . ....., ~ . . . . \ "EXHIBIT B" \ TO INDUSTRIAL DISTRICT AGREEMENT BETWEEN THE CITY OF LA PORTE AND (Attach Plat reflecting the ownership boundary lines; a site layout, showing all improvements,' including pipelines and railroads, and also showing areas of the Land previously annexed by the City of La Porte.) 10 . e "EXHIBIT' A", TO INDUSTRIAL DISTRICT AGREEMENT BETWEEN THE CITY OF LA PORTE AND (Metes and Bounds Descriptiori of Land) 9 . e Boundaries of Solvay Interox Land on the Solvay Polymers Plant Site. Start Point: Beginning at Lambert Coordinates of X=3,243,099.50, Y=706,947.98; thence South 20055'30" West, a distance of 1224.24 feet to a point; thence South 87032'05" West, a distance of 208.18 feet. Main Plant Site: From start point described above; THENCE South 02027'55" East, a distance of 190.64 feet; THENCE South 20055'30" West, a distance of 550.00 feet; THENCE South 87032'05" West, a distance of 270.23 feet; THENCE North 02027'55" West, a distance of 240.50 feet; THENCE South 87OS2'05" West, a distance of 230.00 feet; THENCE North 02027'55" West, a distance of 540.00 feet; THENCE North 87032'05" East, a distance of 755.00 feet; THENCE North 02027'55" West, a distance of 440.00 feet; THENCE North 87032'05" East, a distance of 155.00 feet; THENCE South 02027'55" East, a distance of 145.00 feet; THENCE North 87OS2'05" East, a distance of 40.00 feet; THENCE South 02027'55" East, a distance of 230 feet; THENCE South 20055'30" West, a distance of 71.60 feet; THENCE South 87032'05" West, a distance of 165 feet to start point. Administration Building: From the start point: THENCE North 86028'56" West, a distance of 1151.27 feet to new start point; . \, . e THENCE South 8r32'05" East, a distance of 160.00 feet; THENCE North 02027'55" West, a distance of 160.00 feet; THENCE North 87OS2'05" East, a distance of 160.00 feet; THENCE South 02027'55" East, a distance of 160.00 feet to administration building start point. ' - . . H 4. ,.J :;U"''''I!:)r" ing Ir.c. Hcus 1..:....., 1".::O:"',.a ~~ 1''lC:n;:~ !. 6l0Ur.J(lS OESeR If"'TI0N 01" Tt." <-,.,.."..d City <-I L..Portl: 1"'cLl~tr-l..1 Limits Ic.cato::ci on pr~~~rt~ ~( S~lt~x P~lyrne~ Cor~o~atiurll Dc~r p~~~. T~x~s, rnt"ro~ Am.rica loc~'qd In th.. vicinity 01 Li.Port~. T~~as. ";r'a!)D'tl' I j~r. In th~ A"t~,...,. HCCOf':ni<,K Su,ua)', flb:otract H..". i~ C('unty, TQx..... H.e ...rod Th I~ qo, TRACT "PO. . .. C'OMl'I!:";O:ING it th~ 1'I1O.,t n~rtt,er'ly nor'the&.~ corn-er 01 tho: Sglt.." Paly~~r Cor~o~~tion ~,.ap~r"ty, be!~9 tnal t'~ct entitl~d IraCt '1' ccn'Je~'':'d ta $oltex (\01:",,,,,,, CU'I'Q...;r,tlon by Celane.!.., Corp~r-&t!~n in deo:d recar"d..d in t~e O,ed Rec~rd.. of Har"i~ COUP'l1y . Tlllo:~S under F II e N<o . ~ -;;)0::1856 and F 11 m Code NQ.112-1S-149li! (SOI'tllX Tract "I">. said ~~i"t li~s i.H'...oxim..tely cen~erl in.. gf Miller Cut -04'4' p'gad, Ilnd ir. N.8?-2a-eO-E., 1L d!~t~"'cQ of ~ee3.9 teet from th~ c"ntDrlln~ of Stat~ HI9~u~y 11134: The:lce S.20-~!5-0e.(4. witt. tM, cast I ir,e Of iaid Tra.ct d Bt~"c:(: o~ 32.?! fee~ to t~.1;' POINT OF SE:Gtt'lNINl3i .1. # .II. 'l'he;"lce S.B7'~!!S-elll-W. with the South linlil of' Mille.. Cu1:-0-f1 Rgad CSe'R.O.W.), . d13~ance a~ Le4~.qS ~~e~ to a pain't: Thenclil S.02-fS-DB-E. and passin9 the ~ariheast corner 01 ;r, 3.~0(a ac~~ H~rc:~(e~ Inc. trac:t, a di~i~nce of SQS.4e feet tg a point, said ~ai"t bo:ins the 50ythe~~t c:orner af said Hqrc:~les Inc:. tr:.ct: ThenO::It S.87-e3-00-W. with HIe ~o\lth 1 irae a~ r.aid H"..c;ull!& Inc. S.4~IS ~c'e tr:.ct a~d with the sgytl. lin~ Of a 20.3al~6 ac:re Harculp.s I~c. t..:.c:t, a di3t~"C' 0'1 405.50 feet ta A polnti Thence S.e2-29-ee-~., ;r, distance of 516.57 feet to .II. Paint: ~ence N.S7-28-0e~E., . distanc. of 21e ~~.t to a point; Thence N.0~-29-00-W., a dista,oc:e. of '1le.57 feet to A Point: Thence N.87-~S-ee-E., A dilitar.cl. .,(. 3a~.5e ~QRt to a point: ~ P..:/ ~ I (, f 4 EXHIBIT "A" , t c.... --.....' ~~ -- . - n,v".CI ,...."'a-:.i'.;....or'-LJ., .a. d i:'t..\."<:e 01 6:;6.043 fct:\ '" CI 1-"0 in't; c::: ' Tt,~..c" II. 27-2S-00-E.. sa feet s.c;.wtt, ..nd I>..r ..II e I '0 'hi: :;,.utn !i,." of !.dd r1ill~r Cut-Owt ROl1d, a di~t...nce 0+ ~ClS.5(l .c:et to a 'PDi,.t c( tt-.rw ~.:$t tir.~ of =.-a.i.d Tr.c1 -1-; '" ThC:")C4I: N.2€,-SS-00-E., ~i," :.aid e~.:t 1 ine o( ~!s.tar,c.. of >"'~.E.'l9 f..", to the: POINT OF' eIO:GIt-I~JH~:; 6.772 ~cr~~ 01 I~nd Mo~.. Or le~~. Troct "1-, CI and con1:6. in ir.g TP.ACT "9. BEGI,..N:,..1(3 ..t .It. 5>0 lnt ir, the nOrth 1 inll of .. 3.5';1 ae..e. t....ct of land cor.u,,~...d -I..om e..:)'!! .... C....po to H.l..& P. Co.. r"c:ordeG in Vo1.2419. P"!le~ 525-527, HCOR. 3/1f3"5~. said poi.lt ..1'0 beln9 in tho Qast ri~ht O~ way ling 0-1 St~tg Hi~hway HI3q (1~0'R,O.W.), a:o>d Is S.Gl::-2a-00-E. a distance 04' 172 feet f"om TRACi '0' mo~t wG~tQrly ~outh eO~nQr: Thll:'lce U.E12-i!9-De.W. alonll the ea5t r 19ht Of way 1 iroe of S"tate Highwa~ Mla4, a distance of ee feet to a point: Th~nc~ tLe7.aS-0l!l-e:.. idc.r,~ U,e: fouth line tract co~~e:ye:d f.~OM Naui!l~tl~n Ctst~ic~ to recorded in Vol. 3;>3&. Pp. U;q.IS9 (HCOR), 01 100 I~~t to a poin~' of a e.SS9G &cre Humble: Ph'Qline Co., 1/21/58, a distance Then~R S.e~-23-0e-E., & di~tancc o~ 22 fRRt to a pOint; Thence G.87-ae-ee-w.. '" distance: c~ I~B fc:qt to the POINT OF 9E:GINNIN'~ ..nd cont~i,oir,~ 0.0:le::: llocre.o of lar.d mo~c 0.. le$=', TRACT 'C' Sr.Oltt./IN'3 a.t a ;>0 in~ in the east r illht of W&y 0;< S1.a.te Hi!lh......y ~134. ~~id ~ol~t al~o On the south line of thQ ~4'orRMRntioned 3.541 aCre tract 04' land co~vRYRd 4'ro~ ~Qlla .... Crapo to H.l..~ P. "Co.. r~1;c.,..dl<d irl 'Jol. 241S, Pg .5S5-527 ~ HeDp.), 3/1El/52. ...r.d Is S.'ll~-:22-00-;;:., a dist...nc.. of 75 ",,,..t -ir.c.<<o T~ACT "iP morot B.outhlrrl;' I:as;.t c,arnQr: Th~ncQ N.87-31-ee-E., dist..nc:e 04' 210 IQQt to along. the :.. poi"t: "aid 3,~<l1 acre t,.;l.ct. a Tne~ce S.0~-2i-0El-E.. a distance of 672.5 feet to a paint; ....-.... -....., ,. &s e 2 .. (. <I EXHIBIT "A" J <--. il ---~ JIIa.. ------------------------------------------------------------------------------------------------------. '..\"'~' ... - . - n......:;" N.e7-"31-0a-E,. ~ o".t",,~c: of ~70 f~,,1. to .. pt,"..t; r=:; "~,"c,c., N.G2-a~-""~l.!.. it d b.t..c,c;q oi ",7C f<:llt to a 1'0 i:l1.; . T'1~r'C:ll N.e7-31-0"'-E.. .. di..t...nc:e 0; :)':7 feet to .. ;>Dir.1.; Thllnce S.ce-29-00-E.. ~ dl~tance of ~7e f"et to a POint; n""CIl IJ.97-31-GD-E., a di.t.r,ce (d el3 '''l>t to a POI.nt: Th~nCe E.0a-~9-CD-E., a dt..tanc~ oi S5~ f~llt to b point; Ther.c;c: S.e7-::II.C1C1-t~., a di6tance o~ ~7a feet tQ a point' Th~nce N.Oa-2!l-ElO-W., 'I distar,ce 0;: 433 1'eet to a POir.t: Thence S.e7-31-~0-W.. . distance of 3?e ieet to ~ yGlnt; Th~llC;il S.O.:-2'3-ea-c:., Il d i6tance of 2~e feet to ... ;>g ir,t; Thc:nC:II S.e?'-31-613.I~.. a dht~n..e 0", 4sa feDt to a pOir,t; Thence S.02-eS-D0-E., Il. dj6~ance of 1~0a.5 1'ee1 to ;;. pgint: ~ence S.81-31-ElB-W., a di5tance 01' 100 feet to ~ Foint ea:~ P'!g~t of Way I inc o~ 6.ia Ota~c Hlgnw~y <<!3~; in thil T'lH,nc:" N.e2-cS-OCl-W,. aIling tl... C'I6t ...1gr,t of "'''1'' lira: of said St~~il H;~~u~~ Ht34. ~ di..~a~cc of e~l5 f~~t to thil PC.NT UF ElE(lI~ilHNO ~nd c;on*e.ir,ir.5 ail.7'~ """'''1. r;;f lhr,!! :'rollri! Dr less.. I. "r~P.CT '0' !i'5:Glr-.."'urro on ~,,& so,,~~. I it\oi o~ Io~Ore!:,ellt ic.nlocl Tr;H;1. b~lng tho nDrth 1 ine D~ 3.e9 acre trac~ con~eyed from CO~~~ra~i9n to ~umb!~ Pi~eline Co~ re~Qrde~ in Ps.2e-2-20S <HeOR>, !a/1S/?S, and ~he e...~t right 01 wa~ St.tQ Hi;hu~v Hl~a (!20'R.O.W.): -1-, a,ls.:. CE.111t,e~ e "c 1 , 7'1 sa. I H,lI of It.er,ee N.Qa-~S-~!J-W., a <1i.t","ce Of 1161.18 'I'"ot to.. petn'\. 0... --~ PCi3e :; oi ... EXlIIElIT "A" (:...~ ~ .,~.." -~ ,-- # I'. ': ~".... . t l"'t: c",' t-lt:r-::',..!~.. ~..,.. ..-:.v.-.\:I.:~ .~:'e ...;t; TI'"'i:..,4:;c, ~~aO"'C.O-E., I"itt, ,;.jd ~OV~" r.~"",: t.CI ~rl":: 7h~~CG !.CE-~9-C0-(. r ~ diit~~~l 't.e .:.tlo ~d s;.c."tt. 1 ir.,,' r,,'; Tr Dct "l"J Ine .r'Cll .. :lC!.~e teet tu 4 "Olrlt ~E'r'l..:e ~.:7-;l.:;~-Ct~-LJ., ui"ttl Said !,oouth ! 1r~" G. f",,,,t to u,~ POnlT O~ gE:GI"~HNC o.nd c;"",t.lnin3 I~I~~ ~~r& o~ le~!. TOT"\1.. ACP.E:(\c;!;: TRP.CT -A U 8.7'1' TRACT "S' 0.l;I';i 'T'?ACT 'C' 22.75 TR.'ICT '0 . Z.G:7 TO TA~ 32.2~ Ct.crc.~ ~~~ N,,~I D. l.'illl"!l"~ - OlLte: S...~'t.i<mt.f:r- la. 1986 P":;,!: .. of 4 ~IBIT "A" d f ~ ~ art ~. 0 f .l.SO? ..C:"'~:i ,. o( leu on H16 01