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Res 056-87 4/7/1987RESOLUTION NO. RESOLUTION CHANGING SEVEN YEAR NON-ANNEXATION CONTRACT WITH GENERAL MOTORS CORPORATION TO CHANGE RESTRICTIONS ON SALE AND LEASE OF THE PROPERTY, AND TO GRANT A NEW CONTRACT ON BUILDING 1 IF A NEW OPERATION IS COMMENCED THEREIN. WHEREAS, by Resolution No. 189-86, the City Council approved a new seven year non-annexation contract with General Motors Corporation for its 100 acre tract in the City' s extraterritorial jurisdiction, on which its plant is located; and, WHEREAS, Section 10 of such contract placed certain restric- tions on the sale or lease of such property by General Motors, and they have requested certain minor changes in this paragraph; and, WHEREAS, General Motors has requested that a new paragraph be added to the contract, which would encourage General Motors to identify and place additional activities in its Wichita Falls plant complex, by agreeing to grant for Building 1 a seven year non-annexation contract upon the same terms as their original agreement of September 7 , 1977 , in the event a new operation is placed in Building 1; and, WHEREAS, the City Council finds that these requests are in the public interest. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The seven year non-annexation contract with General Motors Corporation, as approved by Resolution No. 189-86 , is hereby changed in the following particulars: Paragraph 10 of said contract is changed to read as follows: 10. Prior to any assignment of this Contract, or any sale or lease of subject property or any part thereof, GM shall secure the written consent of City in connection with the reten- tion by any assignee of the provisions of this Contract. No consent shall be required for any mortgage or collateral assign- ment in connection with financing the purchase or construction of improvements located on subject property. Prior to any construction of substantial improvements on subject property for use other than purposes relating to existing use, GM shall secure the prior written consent of City in order to retain the status for such improvements contained in this Agreement. Upon the failure to obtain prior written consent as required in this paragraph, City may, at its option, terminate the provisions of this Agreement as the same affect subject property. Such prior written consent shall not be unreasonably withheld so long as any such assignment, sale, lease or construction is consistent with the purposes of non-annexation policies of City. This Contract shall be binding upon and inure to the benefit of the successors and assigns (as permitted) of each party hereto. " Such contract shall be changed by adding a new Paragraph 11, and renumbering paragraphs 11, 12 and 13 , to-wit: 11. GM has not used Building 1, except for that portion marked as main office, cafeteria and info center on Exhibit B" , since its construction. If GM or any wholly owned subsidiary assembly, warehouse or researchofGMplacesanewmanufacturing,P g. operation in the unused portion of Building 1, City agrees to grant Building 1, together with equipment, machinery and personal property used by any such new operation and any adjoining land or new facilities used with such new operation a seven year non-annexation contract upon the same terms as the Original Agreement of September 7 , 1977 . " PASSED AND APPROVED this the 7th day of April, 1987 . 1/ V AA1 M A Y 0 ' R ATTEST: At A City Clerk 2- f EXHIBIT B Anoo L N g n w 0; m 0 N 2 P 1 pO r rip., / 1 DM Z z ,... J a z,. 0i1. i!, i a Li o n zA 1/0-1014 0 X N O rn 7 2 n CO nrn PI n 70 o cn n 0 oO A S N S 4 i z g' v . z a n c:. A A n O O ZPIn Ir N N n S r y n= A O 7 Z S'9 O O \ N A ag q s rn _ n_ n N 7•1 Z ZynCflS n 2 7pp 9 i O A >Z n S AZ p 2 . O Ci S.\\,\,\,. F,Z n OT n 0 n R i