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Kg6 Properties, LLP s <br />SI MANA6EMENT, inc. <br />THE LAMAR COLONY An Assisted liuing Community <br />2485 KasIR <br />Paris, Texas 73460 <br />USA <br />Phone 903-783-3149 <br />September 04-2001 <br />RE: ITEM # 21 OF T'HE APPLICATION FOR REINVESTMENT ZONE DESIGNATION : <br />TfE TYPE AND VALUE OF ECONOMIC DEVELOPMENT INCENTIVES REQUESTED <br />1.) 100°/a Tax Abatement on improvements to site and building for seven (7) years @ <br />$ 2,744,000.00and <br />2.) 100% Refund of Locai Sales and Use Taxes @$ 100,000.00- and <br />3.) Direct Low-Interest Loans/Packages <br />land @ $36,000.00(refinancing) & land @ $55,000.00(purchase for expansion) <br />; <br />building construction @$ 1 987 200.00 <br />machinery & equipment @ $ 70,400.00 <br />> <br />, furniture & fixtures rCi $ 57,600 00 , <br />working capital @ $100,000.00 <br />4.) Amend Zoning Ordinances in order to promote economic development in the zone; and <br />5.) Give prompt consideration to building pertnit requests; and <br />6.) Utilization of the Waterworks and 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 Protection for this wlnerable segment of our community; and <br />8.) Reduced Utility Rates on Water and Waste Water by ten (10)%, as weli as, the five (5)% <br />rate reduction rider offered by TXCJ Electric and Gas, both for seven (7) years: <br />water and waste water $594.00 @ 10% rate reduction =$50.00 ner month, <br />electric and gas via TXU $2.232.00 @ 5% rate reduction =$111.60 ner month; <br />and <br />9.) Provide funding for improving of existing roads to the site as needed; and <br />[ ATTACHMENT ] <br />