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N&G Propertles. LLP a <br />SI MANAGEMENT, inc. <br />TNE IAMAR COLONY M Assisted tivino Community <br />t ~ . 2483 Kessler <br />Paris, Texas 73460 <br />_ USA <br />Phone 903J83-5149 October 17-2001 <br />RE: ITEM # 21 OF THE APPLICATION FOR REINVEST[vIENT ZONE DESIGNATION : <br />TfqE TYPE AND VALUE OF ECONOMIC DEVELOPMENT INCENTIVES REQUESTED <br />1.) 100% Tax Abatement on improvements to site and building for seven (7) years @ <br />$ 2 744,900 00__ and <br />2.) X 100% Refund of Local Sales and Use Taxes @$_9_QQ ; and <br />3.) X Direct Low-Interest Loans/Packages: <br />land @ $4.QQ(refinancing) & land @ $0.00 ,n ur .ha for x ancionl, <br />building construction @ I 0.00 <br />machinery & equipment @ $ 0.00 fumiture & fixtures cr $ 0.00 , <br />working capital @ $0.00 ; <br />4.) X Amend Zoning Ordinances in order to promote economic development in the zone; and <br />5.) X Give prompt consideration to building permit requests; and <br />6.) X 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.) X Increase Police and Fire Protection for this wlnerable segment of our community; and <br />8.) X Reduced Utility Rates on Water and Waste Water by ten (10)%, as well as, the five (5)% <br />rate reduction rider offered by TXil Electric and Gas, both for seven (7) years: <br />* water and waste water $4.QQ @ 10% rate reduction =$0 00 ner month, <br />* electric and gas via TXtJ $4.,QQ @ 5% rate reduction =$0.00 ner month; <br />and <br />9.) X Provide funding for improving of existing roads to the site as needed; and <br />[ ATTACHMENT ] <br />11 <br />