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HomeMy WebLinkAbout2007-IDA-103 GSL Partners Sub Seven (4607 New West)ORDINANCE NO. 2007-IDA-103 AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE OF AN INDUSTRIAL DISTRICT AGREEMENT WITH GSL PARTNERS SUB SEVEN, LP, A TEXAS LIMITED PARTNERSHIP (4607 NEW WEST DRIVE) FOR THE TERM COMMENCING JANUARY 1, 2008, AND ENDING DECEMBER 31, 2019, MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND PROVIDING AN EFFECTIVE DATE HEROF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. GSL Partners Sub Seven, LP, a Texas Limited Partnership (4607 New West Drive) has executed an industrial district agreement with the City of La Porte, for the term commencing January 1, 2008, and ending December 31, 2019, a copy of which is attached hereto, incorporated by reference herein, and made a part hereof for all purposes. Section 2. The Mayor, the Assistant 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 city for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this ordinance and the subject 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. Section 4. This Ordinance shall be effective from and after its passage and approval, and it is so ordered. 1 PASSED and APPROVED, this 17th day of December, 2007. CITY OF LA PORTE Alton Porter, Mayor ATTEST: Mart a Gillett, City Secr tary APPROVED: Knox Askins, City Attorney NO. 2007-IDA- 103 § STATE OF TEXAS § COUNTY OF HARRIS § INDUSTRIAL DISTRICT AGREEMENT This AGREEMENT made and entered into by and between the CITY OF LA PORTE, TEXAS, a municipal corporation of Harris Count , Texas, hereinafter called "CITY° , and C-iSL -RQy+nas buQ> S6tEN � ff� a 11r'r1 Ae-6 hereinafter called "COMPANY W I T 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 site 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: FINAL DRAFT: November 1, 2007 I NOW, THEREFE?RE,: 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. im City covenants, agrees and.guarantees that during the term of this Aggreement_, 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. 5ulbject 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 dying within said; District and not now within the corporate limits of' City,,: shall be. immune; from annexation. by City during the germ hereof {except ashereinafter provided) and shall have no right, to have extended to it any services by city,, and that all Land, including 'that `whi dh has been heretofore annexed., shall not have extended to it by ordinance any rules and regulations (a) governing plats and subdivisions of land, (W 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, any portion of Land constituting a strip of land 1001 wide and contiguous to either Fairmont Parkway, State Highway 22.5, or Bt'ate Highway 146., shah be subject to the rules and regulations attached hereto as Exhibit "Ctt and made a part hereof and. 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 i'f, all Land covered by this Agreement were -.not subject to the Agreement. ll. 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 pe:rsozal property. Under the terms of the Texas Property. Tax. Code (5 _ T3 = OZI , Acts of the 55th Texas Legislature, Regular Session, 1979, as am, ended)!. 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, improvements_, and tangible personal property in the, unannexed area, for the purpose of coriputin5 the "in lieu'r payments hereund:er.. Therefore, the parties agree that the appraisal of the; Land, improvements, and tangible �personal property roperty in the unannexed area $'hall. be conducted. by City, at City's expense, by :an indepEindent appraiser of City.,8: selects ection.. The parties recognize that in making. such. Appraisal for: Pill 11'eup payment purpos", such appraiser must of necessity appraise the entire re (annexed and unannexed) 'Land, improvements, and tangible personal property. bathing herein contained shall ever e . r be interpreted as lessening the authority of, the Harris County Appraisal District to. establish the appraised value of Land, improvementsf and tangible person 41: %property in the annexed portion, for ad Valorem tax purposes,. A. The properties upon Which the 'Fin lieu of" taxes are: assessed are more fully .,described in subsections 1, 2, and 3 of subsection C, of this Paragraph III {sometimes collectively called the , ":Propertyn); provided, however, pollution control equipment installed on the Land which is exempt from ad valorem taxation .pursuant to the provisions of Sec. 11..31 of the Texas Proper Tax Code is exempt from! ad valorem taxation axa�tioxi and "in lieu of taxes" hereunder. Property 'included in this Agreement shall not be entitled to an. agricultural use. exemption for purposes of computing "in lieu,of taxes" hereunder,. 11. on or before. the later, of. December 31, 2008, or 30 days from mailing of tdx:blll and.in like manner on or before each December 31st thereafter, through and including December 31, 2019,,Company ,shall pay to City, an amount, of. ."-,in lieu., of: taxes" on Companyls Property as of :January 1st of the :current calendar year "Value Year":) .C,.: Company :and City agree that: the following percentagesPercent acre Amount") shall apply duxing each of the . Value Years: Value Yeat 2 0 OZ.- 620 Value Year 2 009::, 6.21; Value Year 2 {310 621.1 Value Year 2911:-.: 620 Value Year 2.012,-: 6 2 *k Value Year 2013: ,v 6 216 value Year 2 024 - 63-% Value Year 2 0 150-.: 613;t Value Year 2016: 630 Value Yeat 2 017'- 6 3: Value Year 201,8.- 63% Value Year: 2015:, 63k company agrees �to pay to. City an amount of 'in lieu of taxes", on. Company's land, improvements: and tangible personal property in the unannexed area equal to the. sum of 1. Percentage _4,mount of the amount of: ad valorem taxes which would be payable to City if all of the Company'4 s sand and improvements which existed on January :1., 20081 and each January 1 thereafter of the applicable value dear during theterm of this Agreement', (excluding amounts which would be so payable with respect, to any Substantial increase. in.. value of such Land and improvements to which subparagraph Z, below applies),. had been within the corporate limits of City and appraised each year by City ;,i -js ndependent appraiser, in ccordance with the applicable provisions of the Texas Property Tax Code; and � On an ,. {a) y Substantial 'increase 3n value of the sand., improvements, and tangible personal property excluding inventory) dedicated t.o new constructioni, in excess of the appraised value of same on January 11 2007, resulting from new construction (ekclu:sive of construction in Progress, which shall be exempt from taxation) , for each Value Yeare following completion of construction in progress, 'an amount equal to Twenty -'five percent (25t), if 'construction is completed in ' 'Value years 2 0 0 8 trough 2 013 ,• and: Twenty percent: (2W*) . if construction is completed in value years 2 0 14 through 2 019 , of the amount of advalorem taxes which would be payable to City if all of said new canat3tuction. had been within the corporate limits of City and appraised by C.ty's independent appraiser, in accordance with the applicable provisions of, the Texas Property. Tax Code. In the case of new construction which is compl,eted in Value Year: '2416 or later, and provided,. .further, that City and Company enter into an. industrial DDi.stri.ct :Agreement after the expiration of this indistria.l District Agreement, them and: i:n such events; such new construction shall be entitled: to: additional. Value Years under the `new Agreement at a Twenty: percent (20o} valuation under this subparagraph (a), for a total of six (6') value Years,. but not extending beyond Value Year 2022. (b) A Subst;aritia:l Increase in value of the Land, improvements, and tangible personal property {excludinginventory) as used, in subparagraph 2: (a) above., is defined: as; an increase 'in. value that is the lesser of either: 1. at least Five percent (5`u) of the total appraised valve of Land and improvements:, on January '1, '2 0 0 `7 & or ii. a cumulative value of at least $3,500,000..00. M For the: purpose's 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 ,Property value established on Jabuary .1, 2007, an amount equal to the amount of the depreciation will be removed from the. calculation under this subparagraph 2. to restore the value to the L7anuary 1, 2007, value., and 3 Percentage .Amountof the amount of ad valorem taxes which: would be payable to City on all of the Company's tangible personal property of every description, Located in an 'industrial district of City, , including,;. without limitation, inventory, (including: inventory in: a federal Foreign,. Trade Zone and including Freeport exempted inventory), oil, gas,, , and mineral interests, items of leased equipment, railroads, pip,eline.s;, and products in storage located on the land, if all of said tangible personal property which existed on January 1.,, 2.008, and each January l thereafter of the applicable. Value Year during the term of this Agreement, (excluding amounts. which would be so payable with. respect to any Substantial Increase in value of such tangible personal property to which subparagraph 2., above applies), had been 'within the corporate limits of City and appraised eachyear by the Cty�s independent appraiser, in accordance with the applicable provisions of the Texas Property Tax Code. with the sum of 1, 2 :and.'3 reduced by the amount of City"s ad valorem taxes -on the annexed portion thereof as determined by appraisal by the Harris County Appraisal.D;istrict. 4.: Notwithstanding the above, should City elect to grant the freeport inventory exemption authorized_ by Axt.icle VIII, Section 'I-j of the Texas Constitution and Section 11.251 of the Texas' Property Tax. Code to taxpayers within the City limits, then the. Freeport inventory exemption shall apply to parties to this agreement,:. Further, should inventory or any other class or type of property become exempt from - taxation by constitutional amendment or act of the Texas Legislature. (including,, but not limited to, Article VIII, Section. -n,,. of the Texas Constitution .and Section �.1..2s3. o the Texas Property Tax Code) such class or type of property shall be exempt. for purposes of. tha:s. Agreement., unless the City Council of the City of La Porte shall by ordinance. provide for the continued taxation of such, property under the: authority of any applicable provisions of the Texas Constitution and Texas Statutes. A 5. City and Company acknowledge circumstances might require the City to "provide emergency services to Company's Property described :on Exhibit "A" attached hereto. Emergency' services are: limited to fire,, police,, and public works emergency services. if Company is not a member; of Channel Industries Mutual AidAssociation (CIMA, Company agrees to reimburse City, for its costs arising out of any emergency response requested, by Company to Company's property., and to which City agrees to respond. If ;Company .s .a member of CTMI: the obligations of Company, and City shall., be governed by the CIMA agreement, to which agreement City is a party, IV This Agreement shall extend for ;a period beginning on, the 1st day Of January," 2008, and. continuing thereafter until December 3'3 2019, 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 31, 20.191 the agreement of City not to annex property of Company within the District shall terminate.. Tn that event; City shall have the right to commence. immediate annexation proceedings: as to all of Company',s ,property covered by this Agreement, notwiths-tanding 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 xs thereatter "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 t-herewith after the annexation Of such land, Company will wave 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 .i unlc.ipal Annexation ,act as the name existed January 1, 1994. V. This. Agreement may extended for an additional period or periods by agreement between City` arid.- 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 Distri'ct of which It. is a part. v� .. 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 year's during the terms hereof, nothing in this Agreement shall preclude such protest arid: 6 Company shall brave the right to. take all legal steps desired by it to: reduce the sarfie. Notwithstanding such protest by Company, .and except as otherwise provided in Article Vx (B) , Company agrees to pay to City on or before the date therefor hereinabove provided, at least the total of (a) the total amour!t of ad valorem taxes on the annexed. portions, plus (b) the total amount of the "gin Lieu of.: taxesn on - the =annexed ,portions of Co�tpanyI 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 Distract (as the; caste 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 a's 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, or. City shall: make payment to Company of any refund due, as the case may be., 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 11 above (which shall be g'iv ex in writing to Company), Company shall., within twenty (20:) "calendar days_ of receiving city's invoke, 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 nin lieu of. taxes" payments tabe mane under this Agreement, Should Company give such notice of disagreement,. Company shall al:°so submit to the City with such notice a written. :statement setting forth what Company believes to be the market value of Company's 'here nabove 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. Hain Lieu"` purposes hereunder:. 1f,. after the expiration of`. thirty (3"0) 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' VIM), Notwithstanding any such disagreement by Company Company, agrees. topay to City on or before December 37 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, t4hich would be °due hereunder on the basis of Company T s written valuations statement submitted to :City by Company hereunder, or the total assessment and "in lieu ;of taxes" there- for .the last preceding year:, whichever is higher. 7 1. A 4oard 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 1.0 days,, the parties wili join in a written request thatthe Chief fudge of, the U-S.. District Court for the Southern District of Texas appoint the third arbitrator who, {as the "Impartial Arbit`ratar"3 shall; preside over the. arbitration proceeding, The sole issue to be determined .n 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 u1n. lieu" payment -and total payment hereunder for the year in question. The Board shah: hear and consider all relevant" and material evidence on that issue iziclud.ing expert opinion, and shall render its written decision as p.romptly as practicable That decision shall then be final and binding upon the parties,. subject only to judicial review as may, be available under the Texas General Arbitration: Act (Chapter 171, +General Arbitration", Texas Civil Practice and Remedies Code,) 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 takes" payments hereunder, which shall accrue penalty' and interest in like 'manner as deiinquent taxeas;, and which shall be collectible by City in the same manner as provided by law for delinquent taxes: VITT IX. it city enters into an Agreement with any other landowner, with respect to an industrial district or enters into a renewal of any 13 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. Km 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 any one 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 -independent of and separable from the remainder of this Agreement 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. XII. Notices by a party to the other party hereto, shall be mailed or deliveredasfollows; To the City of La Porte: City Manager City of La Porte 604 West Fairmont Parkway La Porte, TX 77571 To Company: C`tSL (� neyS SU9b 306N,LP (COMPANY) Attention: Department �S 58 (ales Gnn 71 CL-2 Company shall promptly notify City of any change of ownership of Property, any assignment of this Agreement, and of any change of billing address. Company shall notify City annually, on or before June 1, of any changes to the following information: 9 '?(T -plan t� Mai 4ger NaMe: Addr, e"s:s Tax Agent/Billing Contact Name., Address.- ENTERED'0 :INTO effective the ist day of January, 2 G BY, . — Z , Name: Title .-_ rnc �UA�xrf-� Address: ) ATTEST: OF IA PO ter` BY 4Ci ya QS e &cr(- e �ta r- E. Porter f City Attorney City of LaPorte P.O. Box 12,18 .La Porte, TX 77572-1218 2: 8 1. 47 1.; 18 BE 2"81.471.20471 knoxaskinsgcom.cas,t - Ilet BY . Aesietaat.. city manaiger CITY OF IA POPIT4 604 West Faixtnont Parkway La Porte, TX 77571 IRS 10 i STATr3OF TEXAS STATE OF TEXAS, COUNTY :OF HAIWS This instrument was acknowledcred before me on the day of C 'l f! zoa by.' Alton F,. Pvztex, Mayor of. the City of La Porte, :a municipal corparation:;, on behalf of said entity.. Notary Public, State of Texas. '""° WMTHA GR UTT My COMMIssion Expires August 22, 2009 11 EXIM911 A LEGAL DESCRIPTION OFTHE LAND METES & BOUNDS DF-SCRIPTION 6,9170 kom WN0. 010 REStRICTeD RESEVE '0` apfPORT. NORTH INDUSTRIAL PARK AS thqk certain .89179 acres of land being out of Raildclet! Peffarva 'C'. 8a� part Narth Industrial park according to the plat "thereof -filed at AM cMa: Na, d37md, karffi..CounEy Vop Rocoe4l,, dim being W of that: cartaln cabd tl�0.4334 acre tract . of land dcutliti4d 1m:13, deed 110111d '11 1,kOB-1900 tram Dort L. TWI, Trustait 10 DayWAddh Induatf.161 flgrlsi Lp, NIWfor rpcord. In the Jjfftlai Mbfft Ftacmriih Pf Real: Property of MarAs.Caunly, Taiiam, at Clarli:'s FVii No. 0-07453% Film COdit NO. 529-16_Vq!31 6611 that cert4tri tailed 45,59 a4r&..trcc1 of land deacylbed In: o 'davd dialed tram.. Dan.1- Tuffil. Trusilac ' . . . f 16 Park. LP. filedfiledtar "record In thisOffialot Publlc Records nj fti@p ropvihr of s [crk'a File 'No. U-07-1536, Plfm tads No: 9 6 b*ing Toro parl,culorly dazCribe,r by motes arts Hounds as follows. SMINNING of a tound 5/8' Iran rod frith cap; tri'thr eoil# -of:vuy 11he of RM Wool, 0slycJ60i We) Int—WiOn , frith the south end of u W,dut :Bask Tutor for lk north if%tit-cf-voy lino Of NOY! Dvtodc Driva (W. Vde). :411d being the 5014thorly uouthwatitcamor of poll Roserve, 01 ,thkkd IKI 47 4W 61- W — 2142% with the uO;d tdt b-6tk li;hk to 43 fouhd,,5}W Itam fad With CUP fair THENCE -with. the oforamentlonlid OW lji+r iot New WjjI I)r1ye N DY 08 23* W 5411"MV is d found 5/8'":40h rod Wilin'sup (W COrrlef-, THENCE In an easterly.d1reetlan N 88' 03' 59' E 540,W. with the north line of said 6.S 170 :acre (tact. io, a rvupj Str4rom red ,W111;cap for corner TIME"Ina siouthrity A'Irection S ov .56* OV r 01.0w, WIth "the east [In& of sald:,8:9:179 acre tyoct.,Ia .6 Jiwnd JiWY rod-lmilth:tap for cornor, THENdE, with the,plorpmentloned north dght-of-%voy line at Wri Deed . de Drive S 07 26* 41' W .- 5DRAW to tht PbWT OF'SEMNIN5 and conIcTning 0.917.9 acres (3bl,3343 square feet) of 'Idnd, MOM 43T 16i t I-ANDL ORD IMMALS' TEN.ANrlWlT.1AL$, n=IBIT B.O Attach P .at reflecting the 'ownership boundary lines; a site layoUt,, showing all imprpvements, including pipelines and railroads, , and also 'showing areas of the Land previo-usly annexed by the City of La Porte . ) i� REkHIBIT 'Cn Page 1 of 3 RULES AM REGULATIONS Any portion Of Land constituting a strip of land 100' wide, and contiguous to either Fairmont Parkway, State Highway, 2.25, or' State ,Highway, 1.46 shall be subject to the following rules and regulations pertaining to new signage; screening, driveways and median crossovers; These rules. and regulations shall apply after the effective date of this Agreement. When Company develops or constructs improvements. on vacant Land described i Exhibit "An which is adjacent to Fairmont Parkway; State Highway 225, or State Highway 1.46. I. Any sign erected in said 1:001 :strip Of land: shall be:: subject. to the following provisions:; One freestanding identification sign shall be permitted. for` .each. side of: an :industrial establishment that fronts On an improved pubic right--of-way. Freestanding identification signs for single tenant buildings shall not exceed 15.0. square feet in area. one freestanding identification sign for identifying multiple businesses ,is allowable at the intersection of improved public rights -of -way.,. Freestanding identification signs for mu. tiple businesses shall not exceed 3:50 square feet. .Freestand-ng, identification signs shall not exceed 4-5. feet in height minimum setback for sign construction. shall be ten (10.) feet from property lines. 2 When .Land_ adjacent to sa..d. 100' strip is developed.; the initial 50, of said strip beyond any existing pipeline easetaen. contiguous to either Fairmont Parkway, State Highway 225; or, ;State Highway 146 shall be screened by one of the following techniques a) Leaving in place existing trees, vegetation underbrush,. etc, to provide a thorough and 'effective visual screening of the development. Existing trees shall, together with other vegetation, and underbrush, create a continuous visual ,screen. 14 HEXECIBIT CU Page 2 of 3 b) The'use Of earthen berms s with approximately 3:1 side slopes so" wide at. the base and. 81 :high... The berms .may be 'landscaped with a comb .nation of trees., shrubs., and ground cover- All berms and, landscaping will be maintained by the property owners. A screening. plan, to beapproved by the City, that includes a combination Of trees, shrubs, and: ground. cover. . . t . hat after 5 years growth will be at :least 2,0 feet in height and shall,, together. with shrubs. and ground .. cover, create-, a . continuous visual 'screen. Provided, however, wever, in public utility easements or rights -of -way, :the vegetation shall be installed and maintained in a manner which is :.acceptable to the public utility company, and does not interfere with the operation and. maintenance of the public utility facilities. For items b and c, above, the actual length. of required screening along the roadway will be equal to the ,length. ngth. of the new development that is parallel. to the. roadway,. Screening :shall not be required for new development that is to the rear of or behind existing facilities. In all cases: the 50-f strip, along the entire roadway frontage, shall be dedloated as a landscape easement and shall be kept free from any improvements except for approved driveway.,access and :identification signs.. For cases of. new development or improvements where a. 5.,01 landscape easement is not available or practical, Company : shall meet- with City to determine a suitable landscaping a . Itexnativel. W. d) ma the case. of land. contiguous to Fairmont. Parkway, in addition to the other: requirements of these Rules, and Regulations, Company shall dedicate to City �y by Plat a ... ten foot wide pedestrian and bicycle easement., extending along Company's Fairmont, Parkway boundary, within'the fifty foot (501) landscape easement . . The pedestrian easement shall, not be within any 'pipeline facility, except for necessary crossings. 3. Drivewaysr opening from said strip of land onto: :State, Highway 2,25 or State Highway 146 shall be subject to the rules and regulations of the. Texas Department of Transportation and provisions. of :the City's Code of ordinances., whichever is. morerestrictive briveways opening from said strip of land onto Fairmont Parkway shall be'. subject . act to the rules and regulations Lations of Harris. County and provisions of the City"s, Code of ordinancesi whichever is more restrictive- .15 "EXHIBIT CH Page 3 of 3 4: Driveways. opening fxom said strip of land. onto Fairmont Parkway shall be approved by the. City and may require the installat on of separate acceleration/deceleration lanes, 5: Installation of a median crossover on Fairmont Parkway shall be subject to the app=oval of both Harris County and City. 16 5858 Westheimer, Suite 800 Houston, TX 77057-5777 Ph: 713 952 7000 gslwelcome.com Fax: 713 952 5445 snelson@gslwelcome.com Sequoya Nelson Property Manager December 15, 2007 Ms. Kathy Powell City of LaPorte 604 W. Fairmont Pkwy LaPorte, TX 77571 RE: Industrial District Agreements Dear Ms. Powell: Enclosed are two originals of the new Industrial District Agreement executed by GSL for our properties that are within the district. If you have any questions, please feel free to contact me at (713)243-6916. Sincerely, DS e aq u 4ovy Ne son Powell, Kathy From: Sequoya Nelson [snelson@gslwelcome.com] Sent: Friday, December 14, 2007 12:09 PM To: Powell, Kathy Subject: GSL IDA--Tyco Attachments: SKMBT C25207121412080.pdf SKMBT C25207121 412080.pdf (8 M... This is 4607 New West Drive ----original Message ----- From: copier@gslwelcome.com [mailto:copier@gslwelcome.coml Sent: Friday, December 14, 2007 6:10 AM To: Sequoya Nelson Subject: Your Scanned Documents Please save the attached files. If this email appears in your Junk Mail folder, please add it address to your contacts to prevent it being marked as Spam. GSL Industrial 1