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K6 Properties, LlP <br />SI MANA6EMENT, Inc. <br />~ TNE IAMIIR COLONY An Aasiatsd <br />Csmmeniql <br />2485 Kesaler <br />Paris, Tem 75460 <br />USA <br />September 04, 2001 <br />RE: ITEM # 21 OF TfE APPLIC~ <br />TfE TYPE AND VALUE OF <br />FOR REINVESTMENT ZONE DESIGNATION : <br />OMIC DEVELOPMENT INCENTIVES REQUESTED <br />1.) 100% Tax Abatement on <br />$_2,744,000.00_; and <br />2.) 100% Refund of Local Sales <br />3.) Direct Low-Interest Loans/Pa <br />land @ $36,000.00(re1 <br />building construction ( <br />machinery & equipmej <br />furniture & fixtures @ <br />working capital @ S-L <br />to site and building for seven (7) years @ <br />Use Ta3ces @ $ 100.000.00_; and <br />; <br />aucc) & land @$55,000.00(purchase for ex ann sion) <br />$ 1,987,200.00 <br />@ $ 70 400.00 <br />and <br />4.) Amend Zoning Ordinances in o~er to promote economic development in the zone; and <br />5.) Give prompt consideration to b lding permit requests; and <br />6.) Utilization of the Waterworks d Sewer System Revenue Bonds for the purpose of <br />improvements and the payment of professional services related to the construction and <br />financing of such projects; and <br />7.) Increase Police and Fire <br />8.) Reduced Utility Rates on Wat, <br />rate reduction rider offered by <br />water and waste water <br />electric and gas via T)S <br />and <br />for this wlnerable segment of our community; and <br />and Waste Water by ten (10)%, as well as, the five (5)% <br />XLJ Electric and Gas, both for seven (7) years: <br />500.00 @ 10% rate reduction =$50.00 ner monttL <br />$2.23100 @ 5% rate redtction =$111.60 per month; <br />9.) Provide funding for improving Of existing roads to the site as needed; and <br />