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NO. 2007- IDA -7 / <br /> a - ' <br /> STATE OF TEXAS ' <br /> COUNTY OF HARRIS <br /> INDUSTRIAL DISTRICT AGREEMENT <br /> This AGREEMENT made and entered into by and between the CITY <br /> OF LA PORTE, TEXAS, a municipal core- xatipn of }arris. County, <br /> Texas, hereinafter ca1�L�,s ;. " CITY" , and .. �/� 91,0-F � • 5r <br /> ► a ��' corpo ation; hereinafter <br /> called "COMPANY ", <br /> W I T N E S S E T H: <br /> WHEREAS, it is the established policy of the City Council of <br /> the City of La Porte, Texas, to adopt such reasonable measures <br /> from time to time as are permitted by law and which will tend to <br /> enhance the economic stability and growth of the City and its <br /> environs by attracting the location of new and the expansion of <br /> existing industries therein, and such policy is hereby reaffirmed <br /> and adopted by this City Council as being in the best interest of <br /> the City and its citizens; and <br /> WHEREAS, pursuant to its policy, City has enacted Ordinance <br /> No. 729, designating portions of the area located in its <br /> extraterritorial jurisdiction as the "Battleground Industrial <br /> District of La Porte, Texas ", and Ordinance No. 842A, designating <br /> portions of the area located in its extraterritorial jurisdiction <br /> as the "Bayport Industrial District of La Porte, Texas ", <br /> hereinafter collectively called "District ", such Ordinances being <br /> in compliance with the Municipal Annexation Act of Texas, codified <br /> as Section 42.044, Texas Local Government Code; and <br /> WHEREAS, Company is the owner of land within a designated <br /> Industrial District of the City of La Porte, said land being <br /> legally described on the attached Exhibit "A" (hereinafter <br /> "Land "); and said Land being more particularly shown on a plat <br /> attached as Exhibit "B ", which plat describes the ownership <br /> boundary lines; a site layout, showing all improvements, including <br /> pipelines and railroads, and also showing areas of the Land <br /> previously annexed by the City of La Porte; and <br /> WHEREAS, City desires to encourage the expansion and growth <br /> of industrial plants within said Districts and for such purpose <br /> desires to enter into this Agreement with Company pursuant to <br /> Ordinance adopted by the City Council of said City and recorded in <br /> the official minutes of said City: <br /> 1 <br />